Introduction The dollar is still trading inside a broad range, but the recent price action is starting to lean weaker after the ceasefire in the Middle East. After pushing up toward the 100–101 area, DXY has failed to hold those gains and is now drifting back lower. This is the same zone that has acted Read More…
Recap From Yesterday In yesterday’s DXY technical analysis, we highlighted: Today’s price action confirms the bounce is gaining traction. What’s Changed Since Yesterday? Strong Impulsive Move Higher The momentum is accelerating as the conflict in the Middle East continues to escalate. From here, the next most obvious level that comes into focus is the 100 Read More…
Introduction The U.S. Dollar Index (DXY) had a small uptick in buying pressure after the weekend’s turmoil over the Middle East. Now the greenback is trading at 98.2, and the price spiked 1% after the open. The catalyst is as follows: What Just Happened in the Dollar Index? A lot hinges on the developments in Read More…
Introduction The U.S. Dollar Index (DXY) continues to consolidate between the 96-97 support and the 101 level. Range-bound strategies would be taking centre stage in these market conditions, with longs being taken at the low of the range and shorts taken at the top. There are a few important elements we need to focus on, Read More…
Introduction The Dollar index (DXY) dropped 9.3% in 2025, mainly due to the U.S interest rate advantage fading as global growth and risk appetite improved. This meant money flowed elsewhere. It has also been a factor that has helped US indices to rally, with the S&P 500 rallying 16.8% for the year. Let’s take a Read More…
Introduction The U.S. Dollar Index (DXY) has fallen back slightly after rallying 4.4% since September. The 50-day moving average has held the price for the moment, which could lead to a new push back up toward 100. The 50 and 200-day moving averages are also converging, and if the 50 crosses above the 200, it Read More…
