US Dollar Index Technical Analysis: DXY bulls are away on Easter holiday


DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above its 200-day simple moving average (SMA).
  • After creating an inside day on Good Friday, DXY has weakened a little bit more on Easter Monday.

DXY 4-hour chart

  • DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.
  • 97.50 is the highest price in April and that is the level to beat if bulls want to extend the uptrend.

DXY 30-minute chart

  • Bulls would need to overcome 97.40/50 resistances if they want to revisit the 2019 high at 97.70.
  • As the market is trading below its 50 and 100 SMA, DXY is most likely going to revisit 97.20 and 97.00 key support during the week.

Additional key levels

Dollar Index Spot

Overview
Today last price 97.3
Today Daily Change -0.08
Today Daily Change % -0.08
Today daily open 97.38
 
Trends
Daily SMA20 97.11
Daily SMA50 96.85
Daily SMA100 96.63
Daily SMA200 96.11
Levels
Previous Daily High 97.46
Previous Daily Low 97.33
Previous Weekly High 97.49
Previous Weekly Low 96.79
Previous Monthly High 97.71
Previous Monthly Low 95.74
Daily Fibonacci 38.2% 97.38
Daily Fibonacci 61.8% 97.41
Daily Pivot Point S1 97.32
Daily Pivot Point S2 97.26
Daily Pivot Point S3 97.19
Daily Pivot Point R1 97.45
Daily Pivot Point R2 97.52
Daily Pivot Point R3 97.58

 

 

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