DXY Technical Analysis: Further consolidation expected. The index needs to regain the 97.20 area and above

  • The greenback is prolonging the weekly sideline theme below the 97.00 handle ahead of the key US Non-farm Payrolls.
  • Further gains hinge on a convincing clear of recent tops in the 97.20 region, which should pave the way for a continuation of the up move to the mid-97.00s.
  • In the near term, the constructive outlook persists while above the support line, today at 96.50.

DXY daily chart













Dollar Index Spot

    Today Last Price: 96.83
    Today Daily change: 6.0 pips
    Today Daily change %: 0.0620%
    Today Daily Open: 96.77
    Previous Daily SMA20: 96.92
    Previous Daily SMA50: 96.34
    Previous Daily SMA100: 95.69
    Previous Daily SMA200: 94.03
    Previous Daily High: 97.21
    Previous Daily Low: 96.55
    Previous Weekly High: 97.54
    Previous Weekly Low: 96.62
    Previous Monthly High: 97.7
    Previous Monthly Low: 95.68
    Previous Daily Fibonacci 38.2%: 96.8
    Previous Daily Fibonacci 61.8%: 96.96
    Previous Daily Pivot Point S1: 96.48
    Previous Daily Pivot Point S2: 96.18
    Previous Daily Pivot Point S3: 95.82
    Previous Daily Pivot Point R1: 97.14
    Previous Daily Pivot Point R2: 97.5
    Previous Daily Pivot Point R3: 97.8


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.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD: bears pressuring, 1.0980 critical support

Risk aversion took over the FX board on Friday, weighing on high-yielding assets. The EUR/USD pair, finished the week just a handful of pips above the 1.1000 figure amid mounting tensions between the US and China.


GBP/USD: at risk of losing more ground in the short-term

The GBP/USD pair advanced up to 1.2581, it highest in over two months, but was unable to sustain gains, ending the week around 1.2470. Cable could keep losing ground on a break below 1.2460, the immediate support.


USD/JPY: at a bring of breaking lower

Fresh risk-off flows resulted in the USD/JPY pair trimming weekly gains on Friday, ending the week at 107.55. The pair barely holding above a critical Fibonacci support at 107.45. Japan’s National inflation steady at lows in August.


Gold climbs further beyond $1500 mark, lacks follow-through

Gold edged higher for the second consecutive session on Friday, albeit remained well within a familiar trading range held over the past two weeks or so.

Gold News

Top 3 price prediction Bitcoin, Ripple, Ethereum: Ethereum points to the Moon as Bitcoin takes a break

ETH/USD exceeds $220 and is bidding to lead the market. Bitcoin sets a bear trap and recaptures $10,000. XRP stalls between technical levels and fails to consolidate $0.30.

Read more