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5 Feb 2019
US Dollar Index Technical Analysis: Recovery could see the 55-day SMA at 96.43 re-tested
- The index is prolonging the rebound from last week’s lows and is now flirting with the critical barrier at 96.00 the figure on the back of a broad-based supportive tone in the buck.
- Further north emerges a Fibo retracement at 96.22 along with the 55-day SMA at 96.43.
- Late January highs near 96.70 should emerge on the horizon is that area is cleared, allowing for a visit to YTD highs in the 97.00 neighbourhood.
DXY daily chart
Dollar Index Spot
Overview:
Today Last Price: 95.95
Today Daily change: 0.13 pips
Today Daily change %: 0.14%
Today Daily Open: 95.82
Trends:
Daily SMA20: 95.88
Daily SMA50: 96.45
Daily SMA100: 96.16
Daily SMA200: 95.32
Levels:
Previous Daily High: 95.92
Previous Daily Low: 95.58
Previous Weekly High: 95.98
Previous Weekly Low: 95.16
Previous Monthly High: 96.96
Previous Monthly Low: 95.03
Daily Fibonacci 38.2%: 95.79
Daily Fibonacci 61.8%: 95.71
Daily Pivot Point S1: 95.63
Daily Pivot Point S2: 95.43
Daily Pivot Point S3: 95.29
Daily Pivot Point R1: 95.97
Daily Pivot Point R2: 96.11
Daily Pivot Point R3: 96.31