United States Dollar Index Price Forecast: Bears await break below 23.6% Fibo. near 100.80
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers following an intraday uptick to the 101.22 area on Monday and fills a modest weekly bullish gap.
  • DXY struggles to capitalize on its modest intraday uptick beyond the 100-SMA on H4.
  • Momentum indicators point to limited upside potential amid an overall capped setup.
  • Acceptance below the 23.6% Fibo. level is needed to back the case for further losses.

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some sellers following an intraday uptick to the 101.22 area on Monday and fills a modest weekly bullish gap. The index touches a fresh daily low, around the 100.80 region, during the early European session, stalling its recovery move from an over one-week low set on Friday.

From a technical perspective, the DXY struggled to find acceptance above the 100-period Simple Moving Average (SMA) on the 4-hour chart and is now flirting with the 23.6% Fibonacci retracement level of the May-June upswing. Adding to this, the Relative Strength Index (RSI) at 46.66 hovers just under the neutral line, hinting at subdued momentum. Moreover, the Moving Average Convergence Divergence (MACD) shows a slightly positive reading near the zero line, suggesting only tentative upside interest within an overall capped setup.

That said, it will still be prudent to wait for some follow-through selling below the 23.6% Fibo. level before positioning for losses towards a deeper cushioned near the 38.2% retracement at 100.20. On the topside, the 100‑period SMA at 101.12 is the first significant resistance, ahead of the recent swing high region around 101.79; A sustained breakout through the latter would be needed to ease the current bearish bias on the DXY.

(The technical analysis of this story was written with the help of an AI tool. Know more.)

DXY 4-hour chart

Chart Analysis Dollar Index Spot

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.20% 0.02% 0.23% -0.12% 0.14% -0.41% -0.09%
EUR 0.20% 0.22% 0.43% 0.08% 0.36% -0.18% 0.12%
GBP -0.02% -0.22% 0.22% -0.15% 0.15% -0.38% -0.06%
JPY -0.23% -0.43% -0.22% -0.36% -0.09% -0.61% -0.28%
CAD 0.12% -0.08% 0.15% 0.36% 0.28% -0.23% 0.09%
AUD -0.14% -0.36% -0.15% 0.09% -0.28% -0.49% -0.17%
NZD 0.41% 0.18% 0.38% 0.61% 0.23% 0.49% 0.33%
CHF 0.09% -0.12% 0.06% 0.28% -0.09% 0.17% -0.33%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

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LIVE QUOTES

Pangalan / Simbolo
Tsart
% Pagbabago / Presyo
GBPUSD
1 araw na pagbabago
+0%
0
EURUSD
1 araw na pagbabago
+0%
0
USDJPY
1 araw na pagbabago
+0%
0

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