US Dollar Index Price Analysis: DXY ends the week in green, above the 100.00 handle

US dollar index (DXY) recouped some of the losses incurred last week.
The level to beat for buyers is the 101.00 resistance.

Flavio Tosti Independent Analyst

DXY weekly chart

DXY is trading in a bull trend above the main weekly SMAs on the weekly chart as this week the market recouped some of the losses incurred last week.

DXY four-hour chart

DXY gained steam until the end of the week where it is now trading above the 100.50 level and the main SMAs suggesting bullish momentum in the medium term. Buyers are likely looking for a continuation to the upside with the 101.00 handle as first hurdle followed by 101.50 en route to 103.00, the 2020 tops. On the flip side, support would be expected near the 101.50, 101.00 and 99.50 levels on any dips.

Additional key levels

Dollar Index Spot

Overview
Today last price	100.6
Today Daily Change	0.50
Today Daily Change %	0.50
Today daily open	100.1

Trends
Daily SMA20	99.21
Daily SMA50	98.75
Daily SMA100	98.13
Daily SMA200	98.07

Levels
Previous Daily High	100.41
Previous Daily Low	99.34
Previous Weekly High	102.82
Previous Weekly Low	98.25
Previous Monthly High	103
Previous Monthly Low	94.63
Daily Fibonacci 38.2%	100
Daily Fibonacci 61.8%	99.75
Daily Pivot Point S1	99.49
Daily Pivot Point S2	98.88
Daily Pivot Point S3	98.42
Daily Pivot Point R1	100.56
Daily Pivot Point R2	101.02
Daily Pivot Point R3	101.63

Author

Flavio Tosti

Independent Analyst

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.