US Dollar Index technical analysis: DXY continues its adance to three-week highs into Friday

  • DXY is up for the fifth consecutive day and closed Friday above the 98.30 level and the 50 DMA.
  • Resistances are located at the 98.65 and 99.26 price levels.

DXY daily chart

DXY (US Dollar Index) is trading in an uptrend above its main daily simple moving average (DMAs). This Friday the Greenback broke above the 98.30 level and the 50 DMA, trading at its highest in 18 trading sessions. 

DXY 4-hour chart

DXY is trading above its main SMAs after bouncing from the double bottom at the start of November. The market ended Friday above the 98.30 level opening the doors to the 98.65 and the 99.26 resistances on the way up. 

DXY 30-minute chart

DXY is trading above the main SMAs, suggesting bullish momentum in the short term. Support is seen at the 98.30, 98.00 and 97.80 price levels. 

Additional key levels

Dollar Index Spot

Today last price 98.37
Today Daily Change 0.24
Today Daily Change % 0.24
Today daily open 98.13
Daily SMA20 97.73
Daily SMA50 98.33
Daily SMA100 97.9
Daily SMA200 97.51
Previous Daily High 98.23
Previous Daily Low 97.82
Previous Weekly High 98
Previous Weekly Low 97.16
Previous Monthly High 99.67
Previous Monthly Low 97.15
Daily Fibonacci 38.2% 98.07
Daily Fibonacci 61.8% 97.98
Daily Pivot Point S1 97.89
Daily Pivot Point S2 97.65
Daily Pivot Point S3 97.48
Daily Pivot Point R1 98.3
Daily Pivot Point R2 98.47
Daily Pivot Point R3 98.71



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