US Dollar Index Asia Price Forecast: DXY ending Monday virtually unchanged above 100.00 handle

US dollar index (DXY) is starting the week mixed while holding onto last week’s gains.
The level to beat for bulls is the 101.00 resistance.

Flavio Tosti Independent Analyst

DXY daily chart

DXY is trading in a bull trend above its main daily SMAs as DXY is starting the week mixed although holding onto last week’s gains.

DXY four-hour chart

DXY is trading above the 100.50 level and its main SMAs on the four-hour chart suggesting a bullish bias in the medium term. Bulls would be looking for an extension up with the 101.00 figure as first hurdle to overcome followed by the 101.50 level en route to 103.00, the 2020 highs. On the flip side, support could emerge near the 101.50, 101.00 and 99.50 levels on any pullbacks.

Additional key levels

Dollar Index Spot

Overview
Today last price	100.77
Today Daily Change	0.13
Today Daily Change %	0.13
Today daily open	100.64

Trends
Daily SMA20	99.44
Daily SMA50	98.8
Daily SMA100	98.15
Daily SMA200	98.09

Levels
Previous Daily High	100.86
Previous Daily Low	100.11
Previous Weekly High	100.86
Previous Weekly Low	98.31
Previous Monthly High	103
Previous Monthly Low	94.63
Daily Fibonacci 38.2%	100.57
Daily Fibonacci 61.8%	100.4
Daily Pivot Point S1	100.21
Daily Pivot Point S2	99.79
Daily Pivot Point S3	99.46
Daily Pivot Point R1	100.96
Daily Pivot Point R2	101.29
Daily Pivot Point R3	101.71

Author

Flavio Tosti

Independent Analyst

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