US Dollar Index technical analysis: DXY flirting with daily lows below the 97.00 mark


  • DXY is trading near the daily lows below the 97.00 handle.
  • A break below 96.80 support caould lead to more down. 

 
DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above the 200-day simple moving average (DSMA). DXY is trading at daily lows.

DXY 4-hour chart

The market is under bearish pressure below the 97.00 handle and the 50/200 SMA. A breach below 96.80 could lead to 96.60 and 96.37.

DXY 30-minute chart

DXY is trading below its main SMAs suggesting bearish momentum in the near term. Immediate resistances are seen at 97.00 and 97.15. 

Additioinal key levels

Dollar Index Spot

Overview
Today last price 96.89
Today Daily Change -0.19
Today Daily Change % -0.20
Today daily open 97.08
 
Trends
Daily SMA20 96.83
Daily SMA50 97.38
Daily SMA100 97.12
Daily SMA200 96.68
Levels
Previous Daily High 97.15
Previous Daily Low 96.79
Previous Weekly High 97.45
Previous Weekly Low 96.28
Previous Monthly High 97.81
Previous Monthly Low 95.84
Daily Fibonacci 38.2% 96.93
Daily Fibonacci 61.8% 97.01
Daily Pivot Point S1 96.86
Daily Pivot Point S2 96.65
Daily Pivot Point S3 96.5
Daily Pivot Point R1 97.22
Daily Pivot Point R2 97.37
Daily Pivot Point R3 97.58

 

 

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