Dollar Index – Weekly Analysis

What is more probable at this point for the Dollar — a rollback into the two-digit zone, or a rally toward $105? If DXY closes the month near the current level, the next target is already on the table. Candles, classical patterns, and multi-timeframe structure are beginning to align again, and the message is becoming increasingly difficult to ignore. In this analysis, we examine the latest DXY signals across key timeframes, review the technical structure behind this week’s move, and assess the mid- and long-term prospects for the Dollar. CANDLES In the final two days of the week, the Dollar Index had a chance to form a local top, but bullish forces proved too strong. DXY closed Friday with a bullish consolidation signal on the daily frame, while the weekly climbed above the 100-week MA — a significant bullish mid-term signal. If this momentum holds and June closes at the…