USD Index Price Analysis: The 200-day SMA holds the downside so far

The index struggles to continue the rebound around 106.70.
The dollar keeps the positive outlook above the 200-day SMA.

Pablo Piovano FXStreet

DXY reverses the initial downside and looks to extend the move further north of the 106.00 mark on Tuesday.

In case the recovery becomes more serious, then the US Dollar could attempt to retest the weekly high at 107.99 (November 21) ahead of the temporary 100-day Simple Moving Average (SMA), today at 109.12.

While above the 200-day SMA, the outlook for the index should remain positive.

DXY daily chart

Dollar Index Spot

Overview
Today last price	106.78
Today Daily Change	75
Today Daily Change %	0.10
Today daily open	106.67

Trends
Daily SMA20	106.84
Daily SMA50	109.78
Daily SMA100	109.24
Daily SMA200	105.89

Levels
Previous Daily High	106.74
Previous Daily Low	105.32
Previous Weekly High	108
Previous Weekly Low	105.63
Previous Monthly High	113.95
Previous Monthly Low	109.54
Daily Fibonacci 38.2%	106.2
Daily Fibonacci 61.8%	105.86
Daily Pivot Point S1	105.75
Daily Pivot Point S2	104.82
Daily Pivot Point S3	104.32
Daily Pivot Point R1	107.17
Daily Pivot Point R2	107.67
Daily Pivot Point R3	108.6

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 regains balance, targets 1.1800

EUR/USD has lost a bit of momentum after its earlier push higher and is now attempting to reclaim the key 1.1800 barrier on Monday. In the meantime, investors remain focused on the evolving US–EU trade relationship after President Trump’s announcement of sweeping global tariff hikes.

GBP/USD recedes from tops, back to 1.3500

GBP/USD is extending its move higher on Monday, meeting some resistance around 1.3530 on the back of the widespread bearish tone in the US Dollar amid ongoing uncertainty around tariffs. For now, traders are watching overall risk sentiment and central bank rhetoric for the next directional cue.

Gold advances to four-week highs, focus is on $5,200

Gold is holding onto its bullish tone on Monday, hovering near monthly highs well above the $5,100 mark per troy ounce. Fresh trade-war concerns, coupled with rising geopolitical tensions in the Middle East, are keeping demand for the yellow metal well on the rise.

Crypto Today: Bitcoin, Ethereum, XRP intensify sell-off as tariff uncertainty weighs

Bitcoin, Ethereum and Ripple are trading amid increasing selling pressure at the time of writing on Monday, as investors react to fresh trade uncertainty over US President Donald Trump’s push for more tariffs.

Supreme Court nixes tariffs, Trump teases 15% global tariff

On February 20th, the Supreme Court ruled that Trump’s global tariffs under IEEPA authority were unconstitutional, effectively nullifying the framework. However, the relief was short-lived. Within hours, Trump floated a 15% blanket tariff under an alternative legal authority.

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.