• DXY (US Dollar Index) is starting the week on the back foot.
  • The level to beat for bulls is at the 98.42 and 98.68 resistance levels.
 

DXY daily chart

 
DXY (US Dollar Index) is trading in a bull trend above its main daily simple moving averages (DSMAs). DXY is consolidating its recent losses for the third day in a row.

DXY four-hour chart

 
The Greenback is trading above the 98.10 support and the 200 SMAs. DXY bulls need to overcome the 92.42 resistance to regain the 98.68 price level in the medium term.
 

DXY 30-minute chart

 
DXY is trading below the main SMAs, suggesting bearish momentum in the near term. If the market breaks below 98.10 support, then the 97.90 level could come into play. 

Additional key levels

Dollar Index Spot

Overview
Today last price 98.21
Today Daily Change -0.21
Today Daily Change % -0.21
Today daily open 98.42
 
Trends
Daily SMA20 98.26
Daily SMA50 97.77
Daily SMA100 97.57
Daily SMA200 97.1
Levels
Previous Daily High 98.52
Previous Daily Low 98.18
Previous Weekly High 99.38
Previous Weekly Low 98.08
Previous Monthly High 99.02
Previous Monthly Low 97.21
Daily Fibonacci 38.2% 98.39
Daily Fibonacci 61.8% 98.31
Daily Pivot Point S1 98.23
Daily Pivot Point S2 98.03
Daily Pivot Point S3 97.89
Daily Pivot Point R1 98.57
Daily Pivot Point R2 98.71
Daily Pivot Point R3 98.91

 

 

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