US Dollar Index technical analysis: DXY off daily highs, remains flat on the day


  • DXY (US Dollar Index) remains confined in a tight range for the fourth consecutive day. 
  • The levels to beat for bulls is at the 98.55 resistance level.
 

DXY daily chart

 
DXY (US Dollar Index) is evolving in a bull trend above the main daily simple moving averages (DSMAs). The Greenback is in its fourth day of consolidation in the 98.10/98.55 zone.

DXY four-hour chart

 
The Greenback is challenging the 98.42 resistance and the 100 SMA. DXY buyers need to overcome the 98.55 resistance to generate a potential breakout towards the 98.68 and 98.94 price levels in the medium term.
 

DXY 30-minute chart

 
DXY stays in range as the market is trading above flattening 50 and 100 SMAs. Immediate support is seen at the 98.26 and 98.10 price levels.

Additional key levels

Dollar Index Spot

Overview
Today last price 98.36
Today Daily Change 0.04
Today Daily Change % 0.04
Today daily open 98.32
 
Trends
Daily SMA20 98.3
Daily SMA50 97.8
Daily SMA100 97.58
Daily SMA200 97.11
Levels
Previous Daily High 98.51
Previous Daily Low 98.14
Previous Weekly High 99.38
Previous Weekly Low 98.08
Previous Monthly High 99.02
Previous Monthly Low 97.21
Daily Fibonacci 38.2% 98.28
Daily Fibonacci 61.8% 98.37
Daily Pivot Point S1 98.14
Daily Pivot Point S2 97.95
Daily Pivot Point S3 97.77
Daily Pivot Point R1 98.51
Daily Pivot Point R2 98.69
Daily Pivot Point R3 98.88

 

 

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