US Dollar Index Technical Analysis: Greenback is trading at its highest since mid-December

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). 

DXY 4-hour chart

  • DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.

DXY 30-minute chart

  • DXY is trading above its main SMAs suggesting a bullish market in the short-term. 
  • Bulls are trying to break above and 97.20 to reach 97.40 to the upside.
  • On the flip side, support is seen at 96.70 and 96.40 level.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 97.19
    Today Daily change: 45 ticks
    Today Daily change %: 0.47%
    Today Daily Open: 96.74
Trends:
    Daily SMA20: 96.16
    Daily SMA50: 96.39
    Daily SMA100: 96.29
    Daily SMA200: 95.45
Levels:
    Previous Daily High: 97.2
    Previous Daily Low: 96.65
    Previous Weekly High: 96.69
    Previous Weekly Low: 95.58
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 96.86
    Daily Fibonacci 61.8%: 96.99
    Daily Pivot Point S1: 96.53
    Daily Pivot Point S2: 96.31
    Daily Pivot Point S3: 95.98
    Daily Pivot Point R1: 97.08
    Daily Pivot Point R2: 97.41
    Daily Pivot Point R3: 97.63


 

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