19 Mar 2019
US Dollar Index Technical Analysis: Correction lower expected to hold around 95.80
- DXY remains on the defensive so far this week, testing the 96.40 region and approaching the critical 55-day SMA, today at 96.34.
- The continuation of the selling mood is expected to test the critical 95.80 region, where coincide late-February lows and the critical 200-day and 200-week SMAs.
- That said, the positive stance on the greenback is seen unchanged as long as 95.82 underpins (February 28 low).
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 96.43
Today Daily change: 13 pips
Today Daily change %: -0.07%
Today Daily Open: 96.5
Trends:
Daily SMA20: 96.67
Daily SMA50: 96.37
Daily SMA100: 96.58
Daily SMA200: 95.82
Levels:
Previous Daily High: 96.63
Previous Daily Low: 96.38
Previous Weekly High: 97.45
Previous Weekly Low: 96.38
Previous Monthly High: 97.37
Previous Monthly Low: 95.4
Daily Fibonacci 38.2%: 96.48
Daily Fibonacci 61.8%: 96.53
Daily Pivot Point S1: 96.38
Daily Pivot Point S2: 96.25
Daily Pivot Point S3: 96.13
Daily Pivot Point R1: 96.63
Daily Pivot Point R2: 96.75
Daily Pivot Point R3: 96.88