US Dollar Index Technical Analysis: Rising chances for another visit to 98.00 and above

The weekly upside in DXY remains well in place, although gains appear so far limited by the 97.70 region.
The greenback needs to surpass, initially, 98.10 (May 3 high) in order to get a chance to re-visit 2019 highs in the 98.30/35 band.
Furthermore, the positive outlook on the index should remain unchanged above the key 200-day SMA at 96.33 and the +3-month support line at 96.43.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	97.55
Today Daily Change	5
Today Daily Change %	-0.04
Today daily open	97.59

Trends
Daily SMA20	97.62
Daily SMA50	97.21
Daily SMA100	96.74
Daily SMA200	96.36

Levels
Previous Daily High	97.7
Previous Daily Low	97.44
Previous Weekly High	97.74
Previous Weekly Low	97.13
Previous Monthly High	98.34
Previous Monthly Low	96.74
Daily Fibonacci 38.2%	97.6
Daily Fibonacci 61.8%	97.54
Daily Pivot Point S1	97.45
Daily Pivot Point S2	97.32
Daily Pivot Point S3	97.19
Daily Pivot Point R1	97.71
Daily Pivot Point R2	97.84
Daily Pivot Point R3	97.97

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD recovers further from one-month low set on Friday, eyes mid-1.1800s on weaker USD

The EUR/USD pair is seen building on Friday's late recovery from the 1.1750-1.1740 region, or a nearly one-month trough, and gaining some follow-through positive traction at the start of a new week. The momentum lifts spot prices to the 1.1835 area during the Asian session and is sponsored by a broadly weaker US Dollar.

GBP/USD gathers strength above 1.3500 amid tariff confusion

The GBP/USD pair gains traction to around 1.3520 during the early Asian session on Monday. The US Dollar faces some selling pressure against the Cable as tariff uncertainty lingers. Traders will take more cues from the US Producer Price Index report for January, which will be published later on Friday.

Gold eyes a daily closing above key 61.8% Fibo resistance

Gold is adding over 1% early Monday, after having gained 2% on Friday. The bright metal scales key technical hurdles, as buyers stay strong amid renewed tariffs and economic uncertainty alongside looming US-Iran geopolitical tensions.

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.

Liberation day take two, the tariff machine just changed gears

Let me caveat this from the outset. What we are watching is first-order mechanics, not the grand macro endgame. This is the market’s immediate reflex to a 15% Trump tariff levy dressed up as judicial drama. The Supreme Court blocked Trump tarrif hammer. The White House came back with a scalpel.