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US Dollar Index technical analysis: DXY rises to the 97.00 handle

  • DXY is picking up some steam this Wednesday.
  • The level to beat for bulls is 97.00. 

DXY daily chart

The US Dollar Index (DXY) is in a bull trend above the 96.74 support and the 200-day simple moving averages (DSMA). The market is testing the 100 SMA and 97.00 figure.


DXY 4-hour chart

DXY is testing the 50 SMA. 

DXY 30-minute chart


DXY is under bullish pressure above its main SMAs. Bulls want a break above 97.00 and a continuation towards 97.30 and 97.55. Support is at 97.74 and 96.40. 

Additional key levels

Dollar Index Spot

Overview
Today last price 97.01
Today Daily Change 0.29
Today Daily Change % 0.30
Today daily open 96.72
 
Trends
Daily SMA20 97.57
Daily SMA50 97.48
Daily SMA100 97.02
Daily SMA200 96.56
Levels
Previous Daily High 96.89
Previous Daily Low 96.64
Previous Weekly High 97.81
Previous Weekly Low 96.46
Previous Monthly High 98.38
Previous Monthly Low 97.03
Daily Fibonacci 38.2% 96.74
Daily Fibonacci 61.8% 96.79
Daily Pivot Point S1 96.61
Daily Pivot Point S2 96.5
Daily Pivot Point S3 96.36
Daily Pivot Point R1 96.86
Daily Pivot Point R2 97
Daily Pivot Point R3 97.11

 

 

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