US Dollar Index Technical Analysis: The Greenback risks a test to the 21-day SMA at 98.64


  • The bearish sentiment remains intact around the Greenback, forcing DXY to break below the key support at 99.00 the figure.
  • A negative surprise at today’s Payrolls could spark further weakness towards, initially, the 21-day SMA at 98.64. This area of contention matches weekly lows recorded on Thursday.
  • In the meantime, while above the 55-day SMA at 98.26, the likeliness of a recovery to 99.00 and above remains well on the cards.

DXY daily chart

Dollar Index Spot

Overview
Today last price 98.87
Today Daily Change 13
Today Daily Change % -0.09
Today daily open 98.96
 
Trends
Daily SMA20 98.67
Daily SMA50 98.35
Daily SMA100 97.77
Daily SMA200 97.26
 
Levels
Previous Daily High 99.2
Previous Daily Low 98.63
Previous Weekly High 99.31
Previous Weekly Low 98.29
Previous Monthly High 99.46
Previous Monthly Low 97.99
Daily Fibonacci 38.2% 98.85
Daily Fibonacci 61.8% 98.98
Daily Pivot Point S1 98.66
Daily Pivot Point S2 98.36
Daily Pivot Point S3 98.09
Daily Pivot Point R1 99.23
Daily Pivot Point R2 99.5
Daily Pivot Point R3 99.8

 

 

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