Dollar Index – Monthly Analysis

The Dollar closed June with several signals we have long anticipated. Now the key question is whether DXY is ready for a rally toward $105 — or whether the Greenback has a different path in mind. Candles, classical patterns, and multi-timeframe structure are starting to align, 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 the recent move, and assess the mid- and long-term prospects for the U.S. Dollar. CANDLES The Dollar Index closed June with an impressive set of candles. The semiannual, quarterly, and monthly frames all formed convincing bullish continuation candles and reclaimed major long-term support lines. The monthly frame also likely completed the Double Bottom we have been warning about for some time. The potential target from the Double Bottom is now in the $104–105 area. During the first few…