DXY (U.S. Dollar Index) – Weekly Chart Analysis
The weekly chart shows DXY trading inside a well-defined consolidation range for several months. Price is repeatedly respecting both the upper and lower boundaries of the highlighted box, indicating a balance between buyers and sellers. Currently, DXY is approaching the upper end of the range again, making the next few weekly closes important.
Key Levels
* Major Resistance: 100.33 – 100.50
* Range Midpoint: 99.25
* Immediate Support: 98.80
* Strong Support Zone: 98.00 – 97.60
* Major Breakdown Level: 97.18
Technical Observations
* Multiple rejections near the 100.30 area confirm it as a strong supply zone.
* RSI is holding above its moving average and gradually trending higher, suggesting improving momentum.
* Price continues to make higher lows within the range, indicating accumulation pressure.
* A weekly close above 100.33 could trigger a range breakout and open the path toward 102.00–104.00.
* Failure to sustain above resistance may result in another rotation toward 99.25 and 98.80 support levels.
Bullish Scenario
* Weekly close above 100.33
* Follow-through buying above 100.50
* Targets: 102.00 → 103.50 → 104.00
Bearish Scenario
* Rejection from current resistance zone
* Breakdown below 98.80
* Targets: 98.00 → 97.60 → 97.18
Macro Impact
A sustained DXY breakout could pressure equities, commodities, and emerging market currencies, while a breakdown may support risk assets and precious metals.
The weekly chart shows DXY trading inside a well-defined consolidation range for several months. Price is repeatedly respecting both the upper and lower boundaries of the highlighted box, indicating a balance between buyers and sellers. Currently, DXY is approaching the upper end of the range again, making the next few weekly closes important.
Key Levels
* Major Resistance: 100.33 – 100.50
* Range Midpoint: 99.25
* Immediate Support: 98.80
* Strong Support Zone: 98.00 – 97.60
* Major Breakdown Level: 97.18
Technical Observations
* Multiple rejections near the 100.30 area confirm it as a strong supply zone.
* RSI is holding above its moving average and gradually trending higher, suggesting improving momentum.
* Price continues to make higher lows within the range, indicating accumulation pressure.
* A weekly close above 100.33 could trigger a range breakout and open the path toward 102.00–104.00.
* Failure to sustain above resistance may result in another rotation toward 99.25 and 98.80 support levels.
Bullish Scenario
* Weekly close above 100.33
* Follow-through buying above 100.50
* Targets: 102.00 → 103.50 → 104.00
Bearish Scenario
* Rejection from current resistance zone
* Breakdown below 98.80
* Targets: 98.00 → 97.60 → 97.18
Macro Impact
A sustained DXY breakout could pressure equities, commodities, and emerging market currencies, while a breakdown may support risk assets and precious metals.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.