Home US Dollar Technical Analysis: 96.50 bull target hit – What is next for the Greenback?
FXStreet News

US Dollar Technical Analysis: 96.50 bull target hit – What is next for the Greenback?

DXY daily chart

  • DXY is trading in a bull trend above the 100 and 200-day simple moving average (SMA).
  • As forecast, DXY bulls reached the 96.50 level  but were unable to continue their rally above that level.

DXY 4-hour chart

  • DXY bulls have broken above the 50 and 100 SMA but they need to jump above the 200 SMA.  

DXY 30-minute chart

  • Now that the 96.50 level has been tested, bears are likely to take control and drive the market to 96.00 the figure.

Additional key levels

Dollar Index Spot

Overview:
       Today Last Price:  96.32
       Today Daily change:  -0.02  pips
       Today Daily change %:  -0.02%
       Today Daily Open:  96.34
Trends:
       Daily SMA20:  96.15
       Daily SMA50:  96.64
       Daily SMA100:  96.08
       Daily SMA200:  95.05
Levels:
       Previous Daily High:  96.43
       Previous Daily Low:  96.21
       Previous Weekly High:  96.4
       Previous Weekly Low:  95.47
       Previous Monthly High:  97.71
       Previous Monthly Low:  96.06
       Daily Fibonacci 38.2%:  96.35
       Daily Fibonacci 61.8%:  96.29
       Daily Pivot Point S1:  96.22
       Daily Pivot Point S2:  96.11
       Daily Pivot Point S3:  96
       Daily Pivot Point R1:  96.44
       Daily Pivot Point R2:  96.55
       Daily Pivot Point R3:  96.66

 

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.