- DXY regains its composure and advances above 96.00.
- The next bullish target is seen at the 96.50 area.
The DXY (US Dollar Index) he manages to regain his smile and surpassed the barrier of 96.00 and more at the beginning of the week.
Should buying pressure regain conviction, then the next major hurdle should come in the form of yearly highs at 96.46 (Jan 4) before the December high at 96.90 (Dec 15).
As long as it is above the 4-month support line (away from the September low) around 95.00, further gains are likely for the DXY. Looking at the bigger picture, the long-term positive stance remains unchanged above the 200-day SMA at 93.07.
DXY daily chart
Dollar index point
| Overview | |
|---|---|
| Today last price | 96.14 |
| Today I change daily | 41 |
| Today daily change% | 0.43 |
| Today they open every day | 95.73 |
| Trends | |
|---|---|
| SMA20 daily | 96.18 |
| SMA50 daily | 95.79 |
| SMA100 daily | 94.58 |
| SMA200 daily | 93.08 |
| Levels | |
|---|---|
| Previous Daily High | 96.26 |
| Previous Daily Low | 95.71 |
| Previous weekly high | 96.46 |
| Previous Weekly Low | 95.71 |
| Previous Monthly High | 96.92 |
| Previous Monthly Low | 95.57 |
| Daily Fibonacci 38.2% | 95.92 |
| Daily Fibonacci 61.8% | 96.05 |
| S1 daily pivot point | 95.54 |
| S2 daily pivot point | 95.35 |
| S3 Daily Pivot Point | 94.99 |
| R1 daily pivot point | 96.09 |
| Daily pivot point R2 | 96.45 |
| R3 daily pivot point | 96.64 |
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