US Dollar Index technical analysis: DXY clings to daily highs near 99.10 resistance


  • The Greenback is trading near the daily highs in a mixed trading session. 
  • The level to beat for bulls is the 99.10 resistance. 
 

DXY daily chart

 
DXY (US Dollar Index) is trading in a bull trend above its main daily simple moving averages (DSMAs). The market is nearing the 2019 high at 99.38. 
 

DXY four-hour chart

 
DXY rose to the 99.10 resistance as the market is trading above the SMAs. A break above the 99.10 resistance would expose the 2019 high at 99.38. 
 

DXY 30-minute chart

 
 
DXY is trading above its main SMAs, suggesting bullish momentum in the short term. Bulls need to break the 99.10 strong resistance. On the way down, support is seen at the 98.85 and 98.60 price level.

 

Additional key levels

Dollar Index Spot

Overview
Today last price 99.05
Today Daily Change 0.01
Today Daily Change % 0.01
Today daily open 99.04
 
Trends
Daily SMA20 98.53
Daily SMA50 98.13
Daily SMA100 97.67
Daily SMA200 97.19
 
Levels
Previous Daily High 99.06
Previous Daily Low 98.32
Previous Weekly High 98.75
Previous Weekly Low 98.04
Previous Monthly High 99.02
Previous Monthly Low 97.21
Daily Fibonacci 38.2% 98.78
Daily Fibonacci 61.8% 98.6
Daily Pivot Point S1 98.55
Daily Pivot Point S2 98.07
Daily Pivot Point S3 97.81
Daily Pivot Point R1 99.29
Daily Pivot Point R2 99.55
Daily Pivot Point R3 100.03

 

 

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