US Dollar Index technical analysis: DXY grinding up as bulls defend the 97.00 handle

DXY is up little this Monday as the bulls keep the market above the 97.00 figure.
The level to beat for buyers are seen at 97.30 and 97.55.

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is adding little gains this Monday as the market is trading above its main daily simple moving averages (DSMAs) and the 97.00 handle.

DXY 4-hour chart

DXY is challenging the 90.30 resistance level as it is trading above its main SMAs. The 97.55 and 97.80 resistances are likely the next main hurdles on the way up.

DXY 30-minute chart

The greenback is trading above its main SMAs suggesting bullish momentum in the near term. Immediate support is seen at the 97.15 and 97.00 levels.

Additional key levels

Dollar Index Spot

Overview
Today last price	97.26
Today Daily Change	0.13
Today Daily Change %	0.13
Today daily open	97.13

Trends
Daily SMA20	96.82
Daily SMA50	97.19
Daily SMA100	97.18
Daily SMA200	96.82

Levels
Previous Daily High	97.29
Previous Daily Low	96.7
Previous Weekly High	97.45
Previous Weekly Low	96.67
Previous Monthly High	97.81
Previous Monthly Low	95.84
Daily Fibonacci 38.2%	97.06
Daily Fibonacci 61.8%	96.93
Daily Pivot Point S1	96.79
Daily Pivot Point S2	96.45
Daily Pivot Point S3	96.2
Daily Pivot Point R1	97.38
Daily Pivot Point R2	97.63
Daily Pivot Point R3	97.97

Author

Flavio Tosti

Independent Analyst

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