US Dollar Index Technical Analysis: DXY finishing the week on its highs near 97.40 key resistance


DXY daily chart

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


DXY 4-hour chart

  • DXY is trading above its main SMAs suggesting bullish momentum.


DXY 30-minute chart

  • DXY is trading above its main SMAs suggesting a bullish bias in the short-term.
  • The bull trend is intact and the market will have to break above 97.40 key resistance to extend gains towards the 96.60 level. 
  • Looking to the downside, support is at 97.20, 97.00 and 96.80 level.


Additional key levels

Dollar Index Spot

Overview
Today last price 97.26
Today Daily Change 0.01
Today Daily Change % 0.01
Today daily open 97.25
 
Trends
Daily SMA20 96.76
Daily SMA50 96.5
Daily SMA100 96.58
Daily SMA200 95.9
 
Levels
Previous Daily High 97.3
Previous Daily Low 96.82
Previous Weekly High 96.81
Previous Weekly Low 95.74
Previous Monthly High 97.37
Previous Monthly Low 95.4
Daily Fibonacci 38.2% 97.12
Daily Fibonacci 61.8% 97
Daily Pivot Point S1 96.95
Daily Pivot Point S2 96.64
Daily Pivot Point S3 96.47
Daily Pivot Point R1 97.43
Daily Pivot Point R2 97.6
Daily Pivot Point R3 97.91

 

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