Back

US Dollar Index Technical Analysis: DXY bulls hit 97.00 figure

DXY daily chart 

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

DXY 4-hour chart

  • DXY is trading above its main SMAs suggesting bullish momentum in the medium-term. 
  • A break below 97.00 can open the doors to 97.40 to the upside. 
     

DXY 30-minute chart

 

  • DXY is trading above its main SMAs suggesting bullish momentum. 
  • To the downside, support is at 96.40, 96.10 and 95.90 level. 

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 96.83
    Today Daily change: 21 ticks
    Today Daily change %: 0.22%
    Today Daily Open: 96.62
Trends:
    Daily SMA20: 96.58
    Daily SMA50: 96.27
    Daily SMA100: 96.47
    Daily SMA200: 95.67
Levels:
    Previous Daily High: 96.82
    Previous Daily Low: 96.4
    Previous Weekly High: 96.61
    Previous Weekly Low: 95.82
    Previous Monthly High: 97.37
    Previous Monthly Low: 95.4
    Daily Fibonacci 38.2%: 96.66
    Daily Fibonacci 61.8%: 96.56
    Daily Pivot Point S1: 96.41
    Daily Pivot Point S2: 96.19
    Daily Pivot Point S3: 95.99
    Daily Pivot Point R1: 96.83
    Daily Pivot Point R2: 97.03
    Daily Pivot Point R3: 97.25

 

RBA's Lowe says RBA has the flexibility to adjust MP in either direction

Noting yesterday’s statement “The main domestic uncertainty continues to be the strength of household consumption in the context of weak growth in hou
अधिक पढ़ें Previous

AUD/USD remains mostly unchanged near 0.7080 as RBA’s Lowe reiterates previous rate hike/cut bias

AUD/USD trades near 0.7080 at early Wednesday. The pair didn’t give much attention to the speech from RBA’s Lowe as he repeated earlier rate bias giv
अधिक पढ़ें Next