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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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.