US Dollar Index Technical Analysis: DXY taking a breather at the 97.00 figure

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMA).

DXY 4-hour chart

  • DXY is trading above its main SMAs suggesting bullish momentum in the medium-term. 
  • A bull move beyond break below 97.00 can open the doors to 97.40 to the upside. 
  • However, if 97.00 keep capping prices DXY can trade to 96.10 and 95.40 level.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 96.89
    Today Daily change: 6 pips
    Today Daily change %: 0.06%
    Today Daily Open: 96.83
Trends:
    Daily SMA20: 96.62
    Daily SMA50: 96.27
    Daily SMA100: 96.49
    Daily SMA200: 95.68
Levels:
    Previous Daily High: 97.01
    Previous Daily Low: 96.62
    Previous Weekly High: 96.61
    Previous Weekly Low: 95.82
    Previous Monthly High: 97.37
    Previous Monthly Low: 95.4
    Daily Fibonacci 38.2%: 96.86
    Daily Fibonacci 61.8%: 96.77
    Daily Pivot Point S1: 96.63
    Daily Pivot Point S2: 96.43
    Daily Pivot Point S3: 96.24
    Daily Pivot Point R1: 97.02
    Daily Pivot Point R2: 97.21
    Daily Pivot Point R3: 97.41

 

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