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

DXY daily chart

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

 

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