USD Index Price Analysis: No changes to the consolidative phase

DXY extends the negative price action and challenges once again the key 106.00 neighbourhood at the beginning of the week. It seems the index keeps tr

DXY adds to the ongoing downtrend on Monday. Gains appear so far limited around the 106.80 zone. ading within a consolidative phase for the time being. Occasional bullish attempts, in the meantime, continue to target the weekly high of 106.78 prior to the 2023 top of 107.34 . So far, while above the key 200-day SMA, today at 103.31, the outlook for the index is expected to remain constructive. DXY daily chart Dollar Index Spot Overview Today last price 106.

17 Today Daily Change 30 Today Daily Change % 0.01 Today daily open 106.16 Trends Daily SMA20 106.33 Daily SMA50 105.11 Daily SMA100 103.68 Daily SMA200 103.3 Levels Previous Daily High 106.42 Previous Daily Low 106.07 Previous Weekly High 106.67 Previous Weekly Low 105.96 Previous Monthly High 106.84 Previous Monthly Low 103.27 Daily Fibonacci 38.2% 106.2 Daily Fibonacci 61.8% 106.28 Daily Pivot Point S1 106.01 Daily Pivot Point S2 105.86 Daily Pivot Point S3 105.66 Daily Pivot Point R1 106.

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