US Dollar Index Technical Analysis: DXY takes a breather near 97.00 figure
|DXY daily chart
- The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
DXY 4-hour chart
- DXY is trading above its main SMAs suggesting bullish momentum in the medium-term.
DXY 30-minute chart
- DXY is trading between the 50 and 200 SMAs suggesting a sideways market in the short-term.
- Bears will be trying to break below 97.00 to reach 96.70 to the downside.
- On the flip side, resistances are seen at 97.20 and 98.00 level.
Additional key levels
Dollar Index Spot
Overview:
Today Last Price: 97.05
Today Daily change: -14 ticks
Today Daily change %: -0.14%
Today Daily Open: 97.19
Trends:
Daily SMA20: 96.21
Daily SMA50: 96.4
Daily SMA100: 96.32
Daily SMA200: 95.47
Levels:
Previous Daily High: 97.19
Previous Daily Low: 96.63
Previous Weekly High: 96.69
Previous Weekly Low: 95.58
Previous Monthly High: 96.96
Previous Monthly Low: 95.03
Daily Fibonacci 38.2%: 96.98
Daily Fibonacci 61.8%: 96.84
Daily Pivot Point S1: 96.82
Daily Pivot Point S2: 96.44
Daily Pivot Point S3: 96.26
Daily Pivot Point R1: 97.38
Daily Pivot Point R2: 97.56
Daily Pivot Point R3: 97.94
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.