US Dollar Index Technical Analysis: DXY takes a breather near 97.00 figure

Flavio Tosti Independent Analyst

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

Author

Flavio Tosti

Independent Analyst

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