News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
US Dollar Technical Analysis: Buyers Stage Reversal

US Dollar Technical Analysis: Buyers Stage Reversal

Ilya Spivak, Head Strategist, APAC

US Dollar Technical Analysis Prices found interim support above a rising trend line set from late February and launched a recovery, with the bulls now challenging the 50% Fibonacci retracement at 10673. A further push higher targets the 61.8% level at 10721. The 38.2% Fib at 10625 is near-term support, with a reversal back beneath that eyeing the 10565-576 area marked by the 23.6% retracement and the March 11 high.

dailyclassics_us_dollar_index_body_Picture_2.png, US Dollar Technical Analysis: Buyers Stage Reversal

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for

To contact Ilya, e-mail Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.