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US Dollar Index Price Analysis: Next on the upside comes in 92.50

  • DXY corrects lower from tops beyond the 92.00 level.
  • The next target of note aligns at the YTD peaks around 92.50.

DXY exchanges gains with losses at the beginning of the week, always around the key 92.00 neighbourhood.

In the meantime, extra gains stay on the cards, with bulls’ aspirations now targeting the so far yearly tops in the mid-92.00s ahead of the critical 200-day SMA, today at 92.65.

A break above the latter should shift the outlook to constructive (from bearish) and allow for further gains in the shorter horizon.

DXY daily chart

Dollar Index Spot

Overview
Today last price91.92
Today Daily Change41
Today Daily Change %-0.03
Today daily open91.95
 
Trends
Daily SMA2091.29
Daily SMA5090.86
Daily SMA10091.07
Daily SMA20092.68
 
Levels
Previous Daily High92.17
Previous Daily Low91.66
Previous Weekly High92.17
Previous Weekly Low91.3
Previous Monthly High91.6
Previous Monthly Low89.68
Daily Fibonacci 38.2%91.97
Daily Fibonacci 61.8%91.85
Daily Pivot Point S191.68
Daily Pivot Point S291.42
Daily Pivot Point S391.17
Daily Pivot Point R192.19
Daily Pivot Point R292.43
Daily Pivot Point R392.7

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.

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