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US Dollar Index Technical Analysis: Consolidative Tuesday for the Greenback

DXY daily chart

  • The US Dollar Index (DXY) is in a bull trend above the 200-day simple moving average (SMA).

DXY 4-hour chart

  • DXY is trading below its 100 and 200 SMA suggesting bearish momentum in the medium-term. 

DXY 30-minute chart

  • DXY is trading just below the 95.90 resistance.
  • Bears will most likely want to resume the move initiated last week by trying to reach the 95.65 level. 

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 95.83

    Today Daily change %: 0.26%
    Today Daily Open: 95.58
Trends:
    Daily SMA20: 95.87
    Daily SMA50: 96.47
    Daily SMA100: 96.15
    Daily SMA200: 95.3
Levels:
    Previous Daily High: 95.66
    Previous Daily Low: 95.4
    Previous Weekly High: 95.98
    Previous Weekly Low: 95.16
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 95.56
    Daily Fibonacci 61.8%: 95.5
    Daily Pivot Point S1: 95.43
    Daily Pivot Point S2: 95.29
    Daily Pivot Point S3: 95.17
    Daily Pivot Point R1: 95.69
    Daily Pivot Point R2: 95.81
    Daily Pivot Point R3: 95.95

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

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