24 Nov 2018
US Dollar Index Technical Analysis: DXY bulls back on the forefront staging a breakout to the 2018 high
US Dollar Index (DXY) daily chart
- DXY is trading in a bull trend above the 50, 100 and 200-day simple moving averages (SMAs).
- Bulls need a breakout above 97.00 figure. The RSI and Stochastic are above the 50 line while the MACD is slowly picking up.
- The path of least resistance is to the upside. Bulls are targeting the 2018 high at 97.70 level.
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Additional key levels
Dollar Index Spot
Overview:
Last Price: 96.97
Daily change: 47 pips
Daily change: 0.487%
Daily Open: 96.5
Trends:
Daily SMA20: 96.7
Daily SMA50: 95.83
Daily SMA100: 95.46
Daily SMA200: 93.68
Levels:
Daily High: 96.74
Daily Low: 96.32
Weekly High: 97.7
Weekly Low: 96.4
Monthly High: 97.2
Monthly Low: 94.79
Daily Fibonacci 38.2%: 96.48
Daily Fibonacci 61.8%: 96.58
Daily Pivot Point S1: 96.3
Daily Pivot Point S2: 96.1
Daily Pivot Point S3: 95.88
Daily Pivot Point R1: 96.72
Daily Pivot Point R2: 96.94
Daily Pivot Point R3: 97.14