US Dollar Index Technical Analysis: Rising bets for a test of 2018 highs around 97.70

  • The index moved higher and printed fresh 2019 highs during overnight trading in the 97.25/30 band, just to ease some pips afterwards.
  • DXY thus remains poised for a visit to 2018 peaks at 97.71 recorded in late December.
  • In the meantime, the constructive outlook on the buck is expected to remain intact as long as the 200-day SMA at 95.49 underpins.

DXY daily chart

Dollar Index Spot

    Today Last Price: 97.05
    Today Daily change: 20 pips
    Today Daily change %: -0.14%
    Today Daily Open: 97.19
    Daily SMA20: 96.21
    Daily SMA50: 96.4
    Daily SMA100: 96.32
    Daily SMA200: 95.47
    Previous Daily High: 97.19
    Previous Daily Low: 96.63
    Previous Weekly High: 96.69
    Previous Weekly Low: 95.58
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 96.98
    Daily Fibonacci 61.8%: 96.84
    Daily Pivot Point S1: 96.82
    Daily Pivot Point S2: 96.44
    Daily Pivot Point S3: 96.26
    Daily Pivot Point R1: 97.38
    Daily Pivot Point R2: 97.56
    Daily Pivot Point R3: 97.94


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Feed news

Latest Forex News

Editors’ Picks

EUR/USD: Sellers dominate below 1.1113/20 resistance-confluence

EUR/USD remains on the back foot for more than a week. 200-HMA, multiple highs since August 15 limit near-term upside. Prices are now likely declining towards 1.1066/63 area including latest lows.


GBP/USD retraces from 3-week high while heading into G7, Jackson Hole

GBP/USD trims latest gains as Tories warn PM Johnson. The increasing scope of soft Brexit triggered the pair’s earlier surge. G7, global central bankers’ appearance at Jackson Hole will be followed for fresh impulse.


USD/JPY: Yen dips as Japan's inflation hovers at 2-year lows

The Japanese Yen is losing altitude in Asia, possibly due to dismal Japanese inflation data and the resulting rise in the dovish Bank of Japan (BOJ) expectations. Japan's core inflation remained at two-year lows in July.


Gold: Looks south with symmetrical triangle breakdown on 4H

Gold has dived out a symmetrical triangle pattern on the 4-hour chart. The daily chart indicators also favor a drop to $1,480. Essentially, sellers have come out victorious in a tug of war with the bulls.

Gold News

The audiences of Chairman Powell

The FOMC vote in July to drop the fed funds rate 0.25% for the first time since December 2008 was 8-2 with some members who approved the reduction doubting its logic or necessity. 

Read more