US Dollar Index Asia Price Forecast: DXY trades in two-day lows below 100.00 handle

US dollar index (DXY) is easing down just below the 100.00 mark.
Support can emerge near the 99.50 and 99.00 levels.

Flavio Tosti Independent Analyst

DXY daily chart

DXY is trading in an uptrend above the main daily SMAs, although the greenback is trading in two-day lows below the 100.00 psychological mark.

DXY four-hour chart

DXY is trading above its 50/200 SMAs on the four-hour chart suggesting a bullish bias in the medium term. However, bulls need to regain the 101.00 figure in order to resume the uptrend towards the 101.50 level. On the flip side, the market could find support near the 99.50 and 99.00 price levels on the way down.

Additional key levels

Dollar Index Spot

Overview
Today last price	99.9
Today Daily Change	-0.90
Today Daily Change %	-0.89
Today daily open	100.8

Trends
Daily SMA20	99.72
Daily SMA50	98.86
Daily SMA100	98.18
Daily SMA200	98.11

Levels
Previous Daily High	100.93
Previous Daily Low	100.48
Previous Weekly High	100.86
Previous Weekly Low	98.31
Previous Monthly High	103
Previous Monthly Low	94.63
Daily Fibonacci 38.2%	100.76
Daily Fibonacci 61.8%	100.65
Daily Pivot Point S1	100.54
Daily Pivot Point S2	100.29
Daily Pivot Point S3	100.09
Daily Pivot Point R1	100.99
Daily Pivot Point R2	101.19
Daily Pivot Point R3	101.44

Author

Flavio Tosti

Independent Analyst

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