- DXY is trading at 3-day lows near 92.30 on Friday.
- There is still room to exceed 93.00 and more.
The DXY (US Dollar Index) it adds to Thursday’s losses and extends the stretch down to near 92.30 at the end of the week.
Despite the ongoing correction, the resumption of the previous upward trend is still pending on the short-term horizon. If DXY breaks through the monthly highs so far at 92.86, then the 93.00 barrier should start to emerge on the horizon ahead of the pre-Jackson Hole peak at 93.18.
Meanwhile, and looking at the broader scenario, the constructive stance on the dollar is unchanged while holding the 200-day SMA, today at 91.36.
DXY daily chart
Dollar Index Spot
|Today’s Last Price||92.47|
|Today’s Daily Change||-0.04|
|Today’s Daily Change%||-0.04|
|Today’s Daily Opening||92.51|
|SMA of 20 Daily||92.75|
|SMA of 50 Daily||92.62|
|SMA of 100 Daily||91.69|
|200 SMA Daily||91.36|
|Daily Previous Maximum||92.73|
|Daily Previous Minimum||92.38|
|Weekly Preview Maximum||92.79|
|Weekly Prior Minimum||91.95|
|Monthly Previous Maximum||93.73|
|Minimum Previous Monthly||91.82|
|Daily Fibonacci 38.2%||92.52|
|Daily Fibonacci 61.8%||92.6|
|Daily Pivot Point S1||92.35|
|Daily Pivot Point S2||92.19|
|Daily Pivot Point S3||91.99|
|Daily Pivot Point R1||92.7|
|Daily Pivot Point R2||92.9|
|Daily Pivot Point R3||93.06|