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US Dollar Index Technical Analysis: DXY bulls counter-attack – 96.00 target

DXY daily chart

  • The US Dollar Index (DXY) is trading in a bull trend above the 200-period simple moving average (SMA). 

DXY 4-hour chart

  • DXY is having a bullish reversal as the market found support at the 95.00 figure.

DXY 30-minute chart

  • Bulls have reclaimed the main SMAs.
  • 95.60 target has been achieved, the next objective for bulls is the 96.00 figure. 

Additional key levels

Dollar Index Spot

Overview:
    Today Last Price: 95.69
    Today Daily change: 15 pips
    Today Daily change %: 0.157%
    Today Daily Open: 95.54
Trends:
    Previous Daily SMA20: 96.5
    Previous Daily SMA50: 96.7
    Previous Daily SMA100: 96
    Previous Daily SMA200: 94.84
Levels:
    Previous Daily High: 95.62
    Previous Daily Low: 95.03
    Previous Weekly High: 96.96
    Previous Weekly Low: 95.82
    Previous Monthly High: 97.71
    Previous Monthly Low: 96.06
    Previous Daily Fibonacci 38.2%: 95.39
    Previous Daily Fibonacci 61.8%: 95.26
    Previous Daily Pivot Point S1: 95.17
    Previous Daily Pivot Point S2: 94.81
    Previous Daily Pivot Point S3: 94.58
    Previous Daily Pivot Point R1: 95.76
    Previous Daily Pivot Point R2: 95.99
    Previous Daily Pivot Point R3: 96.35

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