US Dollar Index Price Analysis: Hunting for the 200-Day SMA

- Article Top Advertisement -
  • The index extends weekly optimism beyond 105.00.
  • Immediately to the upside is the 200-day SMA.

The US dollar index (DXY) adds to Thursday’s bounce and breaks above the key 105.00 barrier by the end of the week.

The dollar is trading at multi-week highs north of the 105.00 barrier and the current bullish momentum allows for continuation of the bullish bias for now. Conversely, the next target to watch lies at the 200-day SMA, today at 106.32.

- Article Inline Advertisement 1-

Below it, the outlook for the index should remain negative.

DXY daily chart

Spot Dollar Index

Last price today 105.59
Today Daily Variation 61
today’s daily variation 0.44
today’s daily opening 105.13
daily SMA20 104.34
daily SMA50 105.35
daily SMA100 108.34
daily SMA200 106.77
previous daily high 105.27
previous daily low 103.98
Previous Weekly High 104.56
previous weekly low 103.39
Previous Monthly High 106.02
Previous monthly minimum 103.39
Fibonacci daily 38.2 104.78
Fibonacci 61.8% daily 104.48
Daily Pivot Point S1 104.32
Daily Pivot Point S2 103.51
Daily Pivot Point S3 103.03
Daily Pivot Point R1 105.61
Daily Pivot Point R2 106.09
Daily Pivot Point R3 106.9

Source: Fx Street

- Article Bottom Advertisement -


Please enter your comment!
Please enter your name here

Hot Topics

Related Articles