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US Dollar Index Technical Analysis: 96.70 is the level to beat for DXY bulls

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 above its main SMAs suggesting bullish momentum. 
  • Bulls will try to break above 96.70 in order to reach 95.90 to the upside. 
  • Supports are seen at 96.40, 96.10 and 95.90 levels. 

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 96.57
    Today Daily change: 16 pips
    Today Daily change %: 0.17%
    Today Daily Open: 96.41
Trends:
    Daily SMA20: 95.95
    Daily SMA50: 96.41
    Daily SMA100: 96.19
    Daily SMA200: 95.36
Levels:
    Previous Daily High: 96.43
    Previous Daily Low: 96.04
    Previous Weekly High: 95.98
    Previous Weekly Low: 95.16
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 96.28
    Daily Fibonacci 61.8%: 96.19
    Daily Pivot Point S1: 96.16
    Daily Pivot Point S2: 95.9
    Daily Pivot Point S3: 95.77
    Daily Pivot Point R1: 96.55
    Daily Pivot Point R2: 96.68
    Daily Pivot Point R3: 96.94

 

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