US Dollar Index Price Analysis: Corrective upside could re-test 100.00

  • DXY’s bounce off lows near 99.00 gathers extra pace on Friday.
  • Next on the upside now emerges the triple-digit key frontier.

DXY is advancing to 4-day highs and manages to trade at shouting distance from the psychological mark at 100.00 the figure.

If the buying interest intensifies, then a surpass of 100.00 should put the key resistance in the mid-100.00s back on traders’ radar.

While above the key 200-day SMA, today at 98.48, the constructive stance is expected to remain unchanged.

DXY daily chart

Dollar Index Spot

Today last price 99.84
Today Daily Change 48
Today Daily Change % 0.43
Today daily open 99.41
Daily SMA20 99.79
Daily SMA50 99.95
Daily SMA100 98.92
Daily SMA200 98.49
Previous Daily High 99.52
Previous Daily Low 99.02
Previous Weekly High 100.56
Previous Weekly Low 99.56
Previous Monthly High 100.93
Previous Monthly Low 98.81
Daily Fibonacci 38.2% 99.33
Daily Fibonacci 61.8% 99.21
Daily Pivot Point S1 99.12
Daily Pivot Point S2 98.82
Daily Pivot Point S3 98.62
Daily Pivot Point R1 99.61
Daily Pivot Point R2 99.81
Daily Pivot Point R3 100.11



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