US Dollar IndexTechnical Analysis: DXY bulls drive the market up to 95.63 resistance

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) is in a bull trend above 200-day simple moving average (SMA).

DXY 4-hour chart

DXY is trading below its main SMAs suggesting a bearish bias in the medium-term.

DXY 30-minute chart

DXY found resistance at 95.63 and the 50 SMA. A break above this level is needed for DXY bulls to extend Thursday's bull move to 96.00 figure.
If bears keep DXY below the 95.63 resistance they can target the 95.20 level.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 95.57

    Today Daily change %: 0.15%
    Today Daily Open: 95.43
Trends:
    Daily SMA20: 95.94
    Daily SMA50: 96.51
    Daily SMA100: 96.13
    Daily SMA200: 95.26
Levels:
    Previous Daily High: 95.98
    Previous Daily Low: 95.25
    Previous Weekly High: 96.68
    Previous Weekly Low: 95.75
    Previous Monthly High: 97.71
    Previous Monthly Low: 96.06
    Daily Fibonacci 38.2%: 95.53
    Daily Fibonacci 61.8%: 95.7
    Daily Pivot Point S1: 95.13
    Daily Pivot Point S2: 94.82
    Daily Pivot Point S3: 94.4
    Daily Pivot Point R1: 95.86
    Daily Pivot Point R2: 96.28
    Daily Pivot Point R3: 96.59

Author

Flavio Tosti

Independent Analyst

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