USD Index Price Analysis: Extra gains appear in store near term

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USD Index Price Analysis: Extra gains appear in store near term
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- DXY extends the upside momentum near 106.00. - Further up comes the weekly top past the 107.00 barrier.

DXY climbs to the vicinity of the 106.00 region amidst the positive price action so far this week. In case the buying interest gathers extra pace, the index could revisit the so far November high at 107.11 ahead of the 2023 peak of 107.34 . In the meantime, while above the key 200-day SMA, today at 103.55, the outlook for the index is expected to remain constructive. DXY daily chart Dollar Index Spot Overview Today last price 105.79 Today Daily Change 36 Today Daily Change % 0.

27 Today daily open 105.5 Trends Daily SMA20 106.17 Daily SMA50 105.72 Daily SMA100 104.02 Daily SMA200 103.54 Levels Previous Daily High 105.78 Previous Daily Low 105.23 Previous Weekly High 107.11 Previous Weekly Low 104.94 Previous Monthly High 107.35 Previous Monthly Low 105.35 Daily Fibonacci 38.2% 105.57 Daily Fibonacci 61.8% 105.44 Daily Pivot Point S1 105.23 Daily Pivot Point S2 104.96 Daily Pivot Point S3 104.69 Daily Pivot Point R1 105.78 Daily Pivot Point R2 106.

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