US Dollar Index Technical Analysis: The Greenback looks firm and sets sails for 2019 highs

The index is pushing higher and is already flirting with recent tops above 99.00 the figure.
The continuation of the buying pressure in the buck should see the 2019 high near 99.40 re-tested in the near term. Further up is located 99.89, monthly high May 2017.
As long as the 55-day SMA just above 98.00 holds the downside, the near term constructive bias in DXY remains unchanged.

Pablo Piovano FXStreet

DXY daily chart

Dollar Index Spot

Overview
Today last price	99.04
Today Daily Change	22
Today Daily Change %	0.00
Today daily open	99.04

Trends
Daily SMA20	98.53
Daily SMA50	98.13
Daily SMA100	97.67
Daily SMA200	97.19

Levels
Previous Daily High	99.06
Previous Daily Low	98.32
Previous Weekly High	98.75
Previous Weekly Low	98.04
Previous Monthly High	99.02
Previous Monthly Low	97.21
Daily Fibonacci 38.2%	98.78
Daily Fibonacci 61.8%	98.6
Daily Pivot Point S1	98.55
Daily Pivot Point S2	98.07
Daily Pivot Point S3	97.81
Daily Pivot Point R1	99.29
Daily Pivot Point R2	99.55
Daily Pivot Point R3	100.03

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 trims gains, back below 1.1800

EUR/USD now loses some upside momentum, returning to the area below the 1.1800 support as the Greenback manages to regain some composure following the SCOTUS-led pullback earlier in the session.

GBP/USD off highs, recedes to the sub-1.3500 area

Following earlier highs north of 1.3500 the figure, GBP/USD now faces some renewed downside pressure, revisiting the 1.3490 zone as the US Dollar manages to regain some upside impulse in the latter part of the NA session on Friday.

Gold climbs to weekly tops, approaches $5,100/oz

Gold keeps the bid tone well in place at the end of the week, now hitting fresh weekly highs and retargeting the key $5,100 mark per troy ounce. The move higher in the yellow metal comes in response to ongoing geopolitical tensions in the Middle East and modest losses in the US Dollar.