US Dollar Index Price Analysis: Extra losses could retest 91.30


  • DXY remains offered and risks a deeper pullback near-term.
  • There is an interim support a the 50-day SMA at 91.45.

The index remains on the defensive so far this week and threatens to break below the key 200-day SMA.

A sustainable drop below the latter should open the door to more losses with the initial interim target at the 50-day SMA, today at 91.45.

Further south comes in the more relevant area around 91.30, where sit weekly lows recorded in mid-March.

Below the 200-day SMA the outlook for DXY is expected to return to the bearish side.

DXY daily chart

Dollar Index Spot

Overview
Today last price 92.23
Today Daily Change 22
Today Daily Change % -0.07
Today daily open 92.29
 
Trends
Daily SMA20 92.31
Daily SMA50 91.42
Daily SMA100 91.05
Daily SMA200 92.41
 
Levels
Previous Daily High 92.79
Previous Daily Low 92.27
Previous Weekly High 93.44
Previous Weekly Low 92.72
Previous Monthly High 93.44
Previous Monthly Low 90.63
Daily Fibonacci 38.2% 92.47
Daily Fibonacci 61.8% 92.59
Daily Pivot Point S1 92.11
Daily Pivot Point S2 91.93
Daily Pivot Point S3 91.59
Daily Pivot Point R1 92.63
Daily Pivot Point R2 92.97
Daily Pivot Point R3 93.14

 

 

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