fxs_header_sponsor_anchor

News

US Dollar Index technical analysis: DXY continues its adance to three-week highs into Friday

  • DXY is up for the fifth consecutive day and closed Friday above the 98.30 level and the 50 DMA.
  • Resistances are located at the 98.65 and 99.26 price levels.
 

DXY daily chart

 
DXY (US Dollar Index) is trading in an uptrend above its main daily simple moving average (DMAs). This Friday the Greenback broke above the 98.30 level and the 50 DMA, trading at its highest in 18 trading sessions. 
 
 

DXY 4-hour chart

 
DXY is trading above its main SMAs after bouncing from the double bottom at the start of November. The market ended Friday above the 98.30 level opening the doors to the 98.65 and the 99.26 resistances on the way up. 
  

DXY 30-minute chart

 
DXY is trading above the main SMAs, suggesting bullish momentum in the short term. Support is seen at the 98.30, 98.00 and 97.80 price levels. 
 

Additional key levels

Dollar Index Spot

Overview
Today last price 98.37
Today Daily Change 0.24
Today Daily Change % 0.24
Today daily open 98.13
 
Trends
Daily SMA20 97.73
Daily SMA50 98.33
Daily SMA100 97.9
Daily SMA200 97.51
 
Levels
Previous Daily High 98.23
Previous Daily Low 97.82
Previous Weekly High 98
Previous Weekly Low 97.16
Previous Monthly High 99.67
Previous Monthly Low 97.15
Daily Fibonacci 38.2% 98.07
Daily Fibonacci 61.8% 97.98
Daily Pivot Point S1 97.89
Daily Pivot Point S2 97.65
Daily Pivot Point S3 97.48
Daily Pivot Point R1 98.3
Daily Pivot Point R2 98.47
Daily Pivot Point R3 98.71

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.