|

US Dollar Index Price Analysis: Looks consolidative near-term

  • DXY extends the side-lined trading above 90.00 on Friday.
  • Further upside targets the 2021 high near 90.70.

DXY remains in a consolidative-mode and manages well to keep the trade above the 90.00 mark for the time being.

If bulls regain control of the sentiment on a more serious stance, then the index could re-visit the so far YTD tops in the 90.70/75 band ahead of the weekly high in the 91.00 region (December 21). Above this level, the prevailing downside pressure is expected to mitigate somewhat.

In the longer run, as long as DXY trades below the 200-day SMA, today at 94.50, the negative view is forecast to prevail.

DXY daily chart

Dollar Index Spot

Overview
Today last price90.41
Today Daily Change24
Today Daily Change %0.19
Today daily open90.24
 
Trends
Daily SMA2090.07
Daily SMA5091.04
Daily SMA10092.2
Daily SMA20094.56
 
Levels
Previous Daily High90.58
Previous Daily Low90.07
Previous Weekly High90.25
Previous Weekly Low89.21
Previous Monthly High92.02
Previous Monthly Low89.52
Daily Fibonacci 38.2%90.27
Daily Fibonacci 61.8%90.39
Daily Pivot Point S190.01
Daily Pivot Point S289.79
Daily Pivot Point S389.51
Daily Pivot Point R190.52
Daily Pivot Point R290.8
Daily Pivot Point R391.03

Author

Pablo Piovano

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

More from Pablo Piovano
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD flatlines below 1.1800 ahead of Fed Minutes

EUR/USD struggles to find direction and continues to move sideways below 1.1800 for the second consecutive day on Tuesday as markets remain in holiday mood. Later in the American session, the Federal Reserve will publish the minutes of the December policy meeting.

GBP/USD retreats to 1.3500 area following earlier climb

GBP/USD loses its traction and trades flat on the day near 1.3500 after rising to the 1.3530 area early Tuesday. Trading conditions remain thin ahead of the New Year holiday, limiting the pair's volatility. The Fed will publish December meeting minutes in the late American session.

Gold rebounds toward $4,400 following sharp correction

Gold gathers recovery momentum and advances toward $4,400 on Tuesday after losing more than 4% on Monday. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.

Tron steadies as Justin Sun invests $18 million in Tron Inc.

Tron (TRX) trades above $0.2800 at press time on Monday, hovering below the 50-day Exponential Moving Average (EMA) at $0.2859.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).