US Dollar Index Price Analysis: Extra gains look likely above 91.45

DXY extends the upside momentum beyond 92.00.
Bets on a move to 92.40 remain on the increase.
DXY extends the positive mood beyond the 92.00 yardsticks, recording at an equivalent time new multi-session peaks.
If the buying impulse gathers extra steam, then a subsequent hurdle of note is found at recent tops around 92.40 (June 18). This area of resistance is additionally reinforced by the Fibo level (of the November-January rally) at 92.46.
In the meantime, and searching at the broader scenario, the outlook for the dollar is seen as constructive while above the 200-day SMA (91.45).
DXY daily chart
Today last price 92.09
Today Daily Change 16
Today Daily Change % 0.00
Today daily open 92.09
Daily SMA20 91.05
Daily SMA50 90.7
Daily SMA100 91.15
Daily SMA200 91.46
Previous Daily High 92.2
Previous Daily Low 91.86
Previous Weekly High 92.38
Previous Weekly Low 91.51
Previous Monthly High 91.44
Previous Monthly Low 89.54
Daily Fibonacci 38.2% 92.07
Daily Fibonacci 61.8% 91.99
Daily Pivot Point S1 91.9
Daily Pivot Point S2 91.71
Daily Pivot Point S3 91.56
Daily Pivot Point R1 92.24
Daily Pivot Point R2 92.39
Daily Pivot Point R3 92.58


Read Previous

When is the US ADP jobs report and how could it affect EUR/USD?

Read Next

Gold Price Forecast: XAU/USD to stop its decline at the $1735 mark – Commerzbank

Leave a Reply

Your email address will not be published. Required fields are marked *