News

US Dollar Index Technical Analysis: Greenback bulls bring the market above 97.00 figure

DXY daily chart 

  • The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages. 
  • Bulls took the lead on Friday and brought the index back above the 97.00 level.
  • The path of least resistance is to the upside with 97.50 as the first target for bulls. 

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 97.19
    Today Daily change: 43 pips
    Today Daily change %: 0.444%
    Today Daily Open: 96.76
Trends:
    Previous Daily SMA20: 96.77
    Previous Daily SMA50: 96.08
    Previous Daily SMA100: 95.59
    Previous Daily SMA200: 93.86
Levels:
    Previous Daily High: 97
    Previous Daily Low: 96.62
    Previous Weekly High: 96.98
    Previous Weekly Low: 96.04
    Previous Monthly High: 97.2
    Previous Monthly Low: 94.79
    Previous Daily Fibonacci 38.2%: 96.77
    Previous Daily Fibonacci 61.8%: 96.85
    Previous Daily Pivot Point S1: 96.59
    Previous Daily Pivot Point S2: 96.41
    Previous Daily Pivot Point S3: 96.21
    Previous Daily Pivot Point R1: 96.97
    Previous Daily Pivot Point R2: 97.17
    Previous Daily Pivot Point R3: 97.35

Articles You May Like

Do Forex Trading Robots/EA’s Work? 🤔
US collected a record $7bn in tariffs in September – WSJ
EURUSD moves to lower trend line and October swing lows targets
ANYONE CAN TRADE FOREX – STEP BY STEP LIVE TRADING
Forex Today: The financial world keeps gyrating around the US and China

Leave a Reply

Your email address will not be published. Required fields are marked *