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US Dollar Index Technical Analysis: Greenback bulls break above the 96.10 level

DXY daily chart

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

DXY 4-hour chart

  • DXY is trading below its main SMAs suggesting bearish momentum in the medium-term.

DXY 30-minute chart

  • DXY broke above 96.10 and the 50 and 100 SMAs opening up the doors to 96.35 resistance. 
  • DXY is trading below its 200 SMA and a break below 96.10 would lead to 95.90 and potentially all the way down to 95.40 level.

 

Additional key levels 

Dollar Index Spot

Overview:
    Today Last Price: 96.18
    Today Daily change %: 0.02%
    Today Daily Open: 96.16
Trends:
    Daily SMA20: 96.46
    Daily SMA50: 96.29
    Daily SMA100: 96.44
    Daily SMA200: 95.63
Levels:
    Previous Daily High: 96.19
    Previous Daily Low: 95.88
    Previous Weekly High: 97.08
    Previous Weekly Low: 96.29
    Previous Monthly High: 96.96
    Previous Monthly Low: 95.03
    Daily Fibonacci 38.2%: 96.07
    Daily Fibonacci 61.8%: 96
    Daily Pivot Point S1: 95.96
    Daily Pivot Point S2: 95.77
    Daily Pivot Point S3: 95.65
    Daily Pivot Point R1: 96.27
    Daily Pivot Point R2: 96.39
    Daily Pivot Point R3: 96.58

 

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