US Dollar Index Technical Analysis: Correction lower in DXY should meet initial support at the 55-day SMA at 96.41

  • DXY clinched fresh yearly highs at 97.20 on Tuesday, although sellers turned up soon afterwards, sponsoring the ongoing knee-jerk.
  • Initial contention emerges at the 96.40 region, where sits the key 55-day SMA, while the constructive bias is seen unchanged as long as the200-day SMA near 95.50 underpins.
  • A surpass of recent YTD peaks should focus the attention on 2018 highs around 97.70.

DXY daily chart

Dollar Index Spot

    Today Last Price: 96.71
    Today Daily change: 10 pips
    Today Daily change %: -0.03%
    Today Daily Open: 96.74
    Daily SMA20: 96.16
    Daily SMA50: 96.39
    Daily SMA100: 96.29
    Daily SMA200: 95.45
    Previous Daily High: 97.2
    Previous Daily Low: 96.65
    Previous Weekly High: 96.69
    Previous Weekly Low: 95.58
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 96.86
    Daily Fibonacci 61.8%: 96.99
    Daily Pivot Point S1: 96.53
    Daily Pivot Point S2: 96.31
    Daily Pivot Point S3: 95.98
    Daily Pivot Point R1: 97.08
    Daily Pivot Point R2: 97.41
    Daily Pivot Point R3: 97.63


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.