US Dollar Index Technical Analysis: Extra gains expected above recent highs around 96.80

  • DXY is now trading within a sideline theme around the 21-day and 100-day SMAs in the 96.50/60 band.
  • The greenback needs to overcome last week’s tops at 96.80 to allow for further upside to, initially, February high at 97.37.
  • Looking at the broader picture, the constructive bias remains unchanged while above the key 200-day SMA at 95.87. This area of support is reinforced by March 20 low at 95.74.

DXY daily chart

Dollar Index Spot

Overview
Today last price 96.57
Today Daily Change 9
Today Daily Change % 0.06
Today daily open 96.53
 
Trends
Daily SMA20 96.63
Daily SMA50 96.44
Daily SMA100 96.56
Daily SMA200 95.87
 
Levels
Previous Daily High 96.68
Previous Daily Low 96.41
Previous Weekly High 96.81
Previous Weekly Low 95.74
Previous Monthly High 97.37
Previous Monthly Low 95.4
Daily Fibonacci 38.2% 96.51
Daily Fibonacci 61.8% 96.58
Daily Pivot Point S1 96.4
Daily Pivot Point S2 96.27
Daily Pivot Point S3 96.13
Daily Pivot Point R1 96.67
Daily Pivot Point R2 96.81
Daily Pivot Point R3 96.94

 

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