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US Dollar Index Technical Analysis: DXY jumps above the 96.30 level

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-day simple moving average (SMA).

DXY 4-hour chart

  • DXY jumped above the 96.30 resistance as the bulls reclaimes the 50 and 100 SMAs.

DXY 30-minute chart

  • DXY is set to continue its upmove to 96.50 but it remains to be seen how far the bulls can keep the market going. 
  • To the downside, bears will be looking for 96.30 and 96.00 targets.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 96.37
    Today Daily change: 0.28 pips
    Today Daily change %: 0.29%
    Today Daily Open: 96.09
Trends:
    Daily SMA20: 96.19
    Daily SMA50: 96.66
    Daily SMA100: 96.05
    Daily SMA200: 94.99
Levels:
    Previous Daily High: 96.27
    Previous Daily Low: 95.99
    Previous Weekly High: 96.12
    Previous Weekly Low: 95.03
    Previous Monthly High: 97.71
    Previous Monthly Low: 96.06
    Daily Fibonacci 38.2%: 96.1
    Daily Fibonacci 61.8%: 96.16
    Daily Pivot Point S1: 95.96
    Daily Pivot Point S2: 95.84
    Daily Pivot Point S3: 95.68
    Daily Pivot Point R1: 96.24
    Daily Pivot Point R2: 96.4
    Daily Pivot Point R3: 96.52

 

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