• DXY extends the weekly consolidative mood around 103.00.
  • The resumption of the buying interest could challenge 103.50.

DXY alternates gains with losses amidst the weekly range bound theme around the 103.00 zone on Wednesday.

While further consolidation seems probable in the very near term, the continuation of the uptrend in place since mid-June could challenge the weekly high at 103.54 (June 30) prior to the May high at 104.69 (May 31), which appears reinforced by the 200-day SMA.

Looking at the broader picture, while below the 200-day SMA at 104.74, the outlook for the index is expected to remain negative.

DXY daily chart


Today last price103
Today Daily Change35
Today Daily Change %-0.11
Today daily open103.11
Daily SMA20102.92
Daily SMA50102.85
Daily SMA100103.04
Daily SMA200104.46
Previous Daily High103.11
Previous Daily Low102.88
Previous Weekly High103.55
Previous Weekly Low102.32
Previous Monthly High104.5
Previous Monthly Low101.92
Daily Fibonacci 38.2%103.03
Daily Fibonacci 61.8%102.97
Daily Pivot Point S1102.95
Daily Pivot Point S2102.8
Daily Pivot Point S3102.72
Daily Pivot Point R1103.19
Daily Pivot Point R2103.27
Daily Pivot Point R3103.42