US Dollar Index Technical Analysis: Interim target emerges near 97.60, monthly peaks

  • DXY is adding to Friday’s gains above the key 97.00 mark, although the 55-day SMA at 97.19 has been offering tough resistance.
  • Extra buying impulse should lift the index to the interim target at last week’s highs beyond 97.40 ahead of monthly tops in the vicinity of 97.60.
  • Above the critical 200-day SMA at 96.82, the constructive outlook on the buck should stay unchanged.

DXY daily chart

Dollar Index Spot

Today last price 97.17
Today Daily Change 11
Today Daily Change % 0.04
Today daily open 97.13
Daily SMA20 96.82
Daily SMA50 97.19
Daily SMA100 97.18
Daily SMA200 96.82
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



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