US Dollar Index technical analysis: Greenback attempts a come back above the 97.00 handle

DXY regained some ground above the 97.00 handle.
The 97.30 level can be a tough resistance to break for bulls.

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) tested the 96.80 level and the 200-day simple moving average (DSMA).

DXY 4-hour chart

The market is challenging the 97.00 handle and the 100/200 SMA. A breach below 97.00 could lead to 96.60 and 96.37.

DXY 30-minute chart

The greenback snapped back up above 97.00 this Thursday. Bulls will try to reach 97.30 and 97.55 levels to the upside. The 100 SMA crossed below the 200 SMA (near 97.30) which is seen as bearish. The 97.30 resistance can become a tough nut to crack for bulls.

Additional key levels

Dollar Index Spot

Overview
Today last price	97.05
Today Daily Change	-0.08
Today Daily Change %	-0.08
Today daily open	97.13

Trends
Daily SMA20	96.85
Daily SMA50	97.26
Daily SMA100	97.13
Daily SMA200	96.77

Levels
Previous Daily High	97.55
Previous Daily Low	97.03
Previous Weekly High	97.45
Previous Weekly Low	96.28
Previous Monthly High	97.81
Previous Monthly Low	95.84
Daily Fibonacci 38.2%	97.23
Daily Fibonacci 61.8%	97.35
Daily Pivot Point S1	96.92
Daily Pivot Point S2	96.72
Daily Pivot Point S3	96.4
Daily Pivot Point R1	97.44
Daily Pivot Point R2	97.76
Daily Pivot Point R3	97.96

Author

Flavio Tosti

Independent Analyst

EUR/USD regains balance, targets 1.1800

EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.

GBP/USD recedes from tops, back to 1.3500

GBP/USD is extending its move higher on Monday, meeting some resistance around 1.3530 on the back of the widespread bearish tone in the US Dollar amid ongoing uncertainty around tariffs. For now, traders are watching overall risk sentiment and central bank rhetoric for the next directional cue.

Gold advances to four-week highs, focus is on $5,200

Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs

Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

Top Crypto Losers: Zcash, Pump.fun, and LayerZero extended losses as Bitcoin loses $65,000

The cryptocurrency market starts the week in panic mode, with altcoins Zcash, Pump.fun, and LayerZero. Bitcoin falls below $65,000 as the US President Donald Trump regroups amid renewed trade policy risks.