US Dollar Index Price Analysis: Extra gains remain on the table above 95.30

DXY alternates gains with losses in the sub-96.00 area.
The near-term positive bias looks intact above 95.30.

Pablo Piovano FXStreet

DXY trades within a narrow range in the 95.80 region at the end of the week.

The index navigates in the lower end of the weekly range south of the 96.00 mark, although further upside should not be ruled out as long as the 5-month line near 95.30 holds the downside. That said, the next up barrier comes at the weekly high at 96.43 (February).

In the longer run, the outlook for the dollar is seen as positive above the 200-day SMA at 93.73.

DXY daily chart

Dollar Index Spot

Overview
Today last price	95.83
Today Daily Change	21
Today Daily Change %	0.00
Today daily open	95.83

Trends
Daily SMA20	96.02
Daily SMA50	95.98
Daily SMA100	95.42
Daily SMA200	93.74

Levels
Previous Daily High	96.11
Previous Daily Low	95.71
Previous Weekly High	96.11
Previous Weekly Low	95.17
Previous Monthly High	97.44
Previous Monthly Low	94.63
Daily Fibonacci 38.2%	95.96
Daily Fibonacci 61.8%	95.86
Daily Pivot Point S1	95.66
Daily Pivot Point S2	95.48
Daily Pivot Point S3	95.25
Daily Pivot Point R1	96.06
Daily Pivot Point R2	96.29
Daily Pivot Point R3	96.47

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.

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