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24 Oct 2018
DXY Technical Analysis: Green light for a test of YTD peaks near 97.00
- The greenback keeps the rally well and sound so far this week, managing to advance to the 96.50/55 band before losing some upside momentum.
- Immediate hurdle for the index arises at the 2018 peak in levels just shy of 97.00 the figure seen in mid-August.
- Further north emerges 97.87, coincident with a Fibo retracement of the 2017-2018 drop and June 2017 peak.
DXY daily chart
Dollar Index Spot
Overview:
Last Price: 96.4
Daily change: 46 pips
Daily change: 0.479%
Daily Open: 95.94
Trends:
Daily SMA20: 95.47
Daily SMA50: 95.21
Daily SMA100: 94.97
Daily SMA200: 92.91
Levels:
Daily High: 96.16
Daily Low: 95.8
Weekly High: 96.09
Weekly Low: 94.79
Monthly High: 95.74
Monthly Low: 93.81
Daily Fibonacci 38.2%: 95.94
Daily Fibonacci 61.8%: 96.02
Daily Pivot Point S1: 95.77
Daily Pivot Point S2: 95.61
Daily Pivot Point S3: 95.41
Daily Pivot Point R1: 96.13
Daily Pivot Point R2: 96.33
Daily Pivot Point R3: 96.49