US Dollar Index Technical Analysis: DXY bulls erase daily losses
DXY daily chart
- The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages near the 97.00 figure.
- DXY bears tested the waters below by attempting to break below the triangle pattern. Bulls were alive and kicking and managed to erase earlier losses ending the day virtually unchanged.
- The market is fairly balanced with bulls having the advantage of the main trend on their side.
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Additional key levels
Dollar Index Spot
Overview:
Today Last Price: 96.97
Today Daily change: 1.0 pips
Today Daily change %: 0.0103%
Today Daily Open: 96.96
Trends:
Previous Daily SMA20: 96.84
Previous Daily SMA50: 96.19
Previous Daily SMA100: 95.64
Previous Daily SMA200: 93.94
Levels:
Previous Daily High: 97.15
Previous Daily Low: 96.71
Previous Weekly High: 97.54
Previous Weekly Low: 96.62
Previous Monthly High: 97.7
Previous Monthly Low: 95.68
Previous Daily Fibonacci 38.2%: 96.88
Previous Daily Fibonacci 61.8%: 96.98
Previous Daily Pivot Point S1: 96.73
Previous Daily Pivot Point S2: 96.5
Previous Daily Pivot Point S3: 96.29
Previous Daily Pivot Point R1: 97.17
Previous Daily Pivot Point R2: 97.38
Previous Daily Pivot Point R3: 97.61