6 Mar 2019
US Dollar Index Technical Analysis: Rally expected to visit 2019 highs near 97.40
- DXY keeps the rally well and sound so far this week, managing to reclaim the boundaries of the critical 97.00 handle.
- Extra gains are expected to continue with the next target at 2019 highs in the proximity of 97.40.
- On the broader picture, the greenback is seen keeping the near term bullish view while above the 200-day SMA at 95.69 and the short-term support line at 95.95.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 96.87
Today Daily change: 13 pips
Today Daily change %: 0.04%
Today Daily Open: 96.83
Trends:
Daily SMA20: 96.62
Daily SMA50: 96.27
Daily SMA100: 96.49
Daily SMA200: 95.68
Levels:
Previous Daily High: 97.01
Previous Daily Low: 96.62
Previous Weekly High: 96.61
Previous Weekly Low: 95.82
Previous Monthly High: 97.37
Previous Monthly Low: 95.4
Daily Fibonacci 38.2%: 96.86
Daily Fibonacci 61.8%: 96.77
Daily Pivot Point S1: 96.63
Daily Pivot Point S2: 96.43
Daily Pivot Point S3: 96.24
Daily Pivot Point R1: 97.02
Daily Pivot Point R2: 97.21
Daily Pivot Point R3: 97.41