fbpx

NEWS : US Dollar Index Technical Analysis: Weekly upside limited near 96.40. Focus stays on Trump-Xi

 In Blog

US Dollar Index Technical Analysis: Weekly upside limited near 96.40. Focus stays on Trump-Xi

  • DXY failed to extend the up move further north of weekly peaks around 96.40, as the greenback succumbed to the generalized cautious tone in the global assets.
  • The Trump-Xi meeting will be key for the very near term price action in the greenback. Immediately to the upside lies the 200-day SMA and the multi-month resistance line in the 96.55/60 band.
  • Above this key area, the outlook on the greenback stays constructive and should target the 98.00 region.
  • Support comes in at recent lows in the 95.80 region, coincident with late February lows and ahead of March low at 95.74.

DXY daily chart

 

Dollar Index Spot

Overview
Today last price 96.06
Today Daily Change 20
Today Daily Change % -0.16
Today daily open 96.21
Trends
Daily SMA20 96.9
Daily SMA50 97.4
Daily SMA100 97.12
Daily SMA200 96.67
Levels
Previous Daily High 96.39
Previous Daily Low 96.14
Previous Weekly High 97.77
Previous Weekly Low 96.15
Previous Monthly High 98.38
Previous Monthly Low 97.03
Daily Fibonacci 38.2% 96.24
Daily Fibonacci 61.8% 96.29
Daily Pivot Point S1 96.1
Daily Pivot Point S2 96
Daily Pivot Point S3 95.85
Daily Pivot Point R1 96.35
Daily Pivot Point R2 96.5
Daily Pivot Point R3 96.6
Recent Posts

Leave a Comment

0

Start typing and press Enter to search