US Dollar Index Asia Price Forecast: Greenback regains the 100.00 mark, bullish

US Dollar Index (DXY) is nearing the May highs.
The level to beat for bulls is the 110.40 resistance.

Flavio Tosti Independent Analyst

DXY daily chart

The US Dollar Index (DXY) index is stabilizing around the 100.00 mark while trading above its main SMAs on the daily time-frame suggesting an overall upward bias.

DXY four-hour chart

DXY is en route towards the May highs near the 100.40 resistance while the market is trading above the main SMAs on the four-hour chart. A break above the level should lead to more advances with the 101.00 next on the bulls’radar. On the flip side, support is expected to hold near the 100.00 and the 99.60 levels.

Additional key levels

Dollar Index Spot

Overview
Today last price	100.26
Today Daily Change	0.26
Today Daily Change %	0.26
Today daily open	100

Trends
Daily SMA20	99.88
Daily SMA50	99.49
Daily SMA100	98.73
Daily SMA200	98.42

Levels
Previous Daily High	100.44
Previous Daily Low	99.65
Previous Weekly High	100.4
Previous Weekly Low	99.24
Previous Monthly High	100.93
Previous Monthly Low	98.81
Daily Fibonacci 38.2%	99.96
Daily Fibonacci 61.8%	100.14
Daily Pivot Point S1	99.62
Daily Pivot Point S2	99.24
Daily Pivot Point S3	98.84
Daily Pivot Point R1	100.41
Daily Pivot Point R2	100.82
Daily Pivot Point R3	101.2

Author

Flavio Tosti

Independent Analyst

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