US Dollar Index technical analysis: DXY ends Monday flirting with the 99.00 handle

10/07/2019 20:03:09 GMT|ByFlavio Tosti

The Greenback is trading in the 99.63-99.00 band at the start of the week.
The uptick after the London close was mainly due to some positive trade war headlines.

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above the main daily simple moving averages (DSMAs). This Monday, DXY gains some modest momentum on positive trade war-related headlines.

DXY four-hour chart

DXY is in a trading range in the 98.63-99.00 band while trading between the 50 and 100 SMAs. The Index remains in an uptrend above the 200 SMA and a break of the 99.00/99.10 resistance zone can lead to 99.30 resistance in the medium term.

DXY 30-minute chart

DXY is trading between the 100 and 200 SMA, suggesting a consolidation in the short term. Support is seen at the 98.85 and 98.63 price levels.

Additional key levels

Dollar Index Spot

Overview
Today last price	98.97
Today Daily Change	0.14
Today Daily Change %	0.14
Today daily open	98.83

Trends
Daily SMA20	98.69
Daily SMA50	98.36
Daily SMA100	97.78
Daily SMA200	97.27

Levels
Previous Daily High	99.01
Previous Daily Low	98.69
Previous Weekly High	99.67
Previous Weekly Low	98.63
Previous Monthly High	99.46
Previous Monthly Low	97.99
Daily Fibonacci 38.2%	98.81
Daily Fibonacci 61.8%	98.89
Daily Pivot Point S1	98.68
Daily Pivot Point S2	98.52
Daily Pivot Point S3	98.36
Daily Pivot Point R1	99
Daily Pivot Point R2	99.16
Daily Pivot Point R3	99.32

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