OctaFX | OctaFX Forex Broker
Open trading account
Back

US Dollar Index Technical Analysis: Recovery now targets the 200-day SMA at 96.50

  • In the very short-term, the bounce off session lows near 95.80 and the subsequent regain of the 96.00 threshold should allow for a recover to, initially, the 200-hour SMA at 96.50.

DXY, 5 min

 

 

 

 

 

 

 

 

 

 

 

 

  • The continuation of the up move in the near term can be also noted in the 4-hour chart, also signaling 96.50 as a key resistance area.

DXY, 240 min

 

 

 

 

 

 

 

 

 

 

 

  • On the daily chart, the index remains within a sideline theme prevailing since late November and following 2018 tops near 97.70.

DXY, daily

 

 

 

 

 

 

 

 

Dollar Index Spot

Overview:
    Today Last Price: 96.49
    Today Daily change: 43 pips
    Today Daily change %: 0.448%
    Today Daily Open: 96.06
Trends:
    Previous Daily SMA20: 96.88
    Previous Daily SMA50: 96.79
    Previous Daily SMA100: 96.01
    Previous Daily SMA200: 94.63
Levels:
    Previous Daily High: 96.51
    Previous Daily Low: 96.06
    Previous Weekly High: 97.12
    Previous Weekly Low: 96.19
    Previous Monthly High: 97.71
    Previous Monthly Low: 96.06
    Previous Daily Fibonacci 38.2%: 96.23
    Previous Daily Fibonacci 61.8%: 96.34
    Previous Daily Pivot Point S1: 95.91
    Previous Daily Pivot Point S2: 95.76
    Previous Daily Pivot Point S3: 95.46
    Previous Daily Pivot Point R1: 96.36
    Previous Daily Pivot Point R2: 96.66
    Previous Daily Pivot Point R3: 96.81

 

India M3 Money Supply declined to 10.2% from previous 10.5%

India M3 Money Supply declined to 10.2% from previous 10.5%
Read more Previous

Markets: Is the Phillips Curve dead or merely resting? - Westpac

According to David Goodman, analyst at Westpac, the big question for the markets at the moment is whether the Phillips curve is dead or merely resting
Read more Next
Start livechat