US Dollar Index technical analysis: DXY pares its intraday losses as the buck trades near 97.50

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).


DXY 4-hour chart

DXY had a quick sell-off on Thursday but the market seem to have found support above 97.20 and the 200 SMA.


DXY 30-minute chart

A bullish break above 97.50 can see the index travel to 97.70, 97.90 and 98.10 level.
Support is seen at 97.35 and 97.20 level.  


Additional key levels

 

GBP/JPY technical analysis: 15-week old trend-line still in focus despite soft RSI levels

Despite bouncing off an upward sloping support-line stretched since late-January, the GBP/JPY still remains weak as it trades near 142.75 during early Friday.
Baca selengkapnya Previous

Japan Overall Household Spending (YoY) came in at 2.1%, above forecasts (1.7%) in March

Japan Overall Household Spending (YoY) came in at 2.1%, above forecasts (1.7%) in March
Baca selengkapnya Next