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DXY Technical Analysis: US Dollar bulls challenge the 2018 high

DXY daily chart

  • The US Dollar index (DXY) is trading in a bull trend above its 200-period simple moving average as the Greenback tested the 2018 high at 97.70.
  • DXY is set to lose momentum as a failure to break above the 2018 high would open the doors to 97.00 and 96.80 as support. 
  • A break above 97.70 might invalidate the bearish bias.

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 97.47
    Today Daily change: 39 pips
    Today Daily change %: 0.402%
    Today Daily Open: 97.08
Trends:
    Previous Daily SMA20: 96.9
    Previous Daily SMA50: 96.49
    Previous Daily SMA100: 95.82
    Previous Daily SMA200: 94.21
Levels:
    Previous Daily High: 97.3
    Previous Daily Low: 96.88
    Previous Weekly High: 97.21
    Previous Weekly Low: 96.37
    Previous Monthly High: 97.7
    Previous Monthly Low: 95.68
    Previous Daily Fibonacci 38.2%: 97.14
    Previous Daily Fibonacci 61.8%: 97.04
    Previous Daily Pivot Point S1: 96.87
    Previous Daily Pivot Point S2: 96.67
    Previous Daily Pivot Point S3: 96.45
    Previous Daily Pivot Point R1: 97.29
    Previous Daily Pivot Point R2: 97.51
    Previous Daily Pivot Point R3: 97.71

 

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