Dollar Index – Weekly Analysis

The Dollar Index has already gained more than 6% since January and is now trading near $101.5. The key question remains unchanged: what comes next for DXY — $105 or $95? The answer matters well beyond the currency market. A continued dollar advance could keep pressure on precious metals and other dollar-sensitive instruments, while a reversal could finally provide some relief. To assess the next likely move, we examine the latest signals from candles, classical patterns, momentum, and multi-timeframe structures. In this DXY technical analysis, we review the most important signals across key timeframes, analyze the structure behind the recent advance, and assess the mid- and long-term outlook for the U.S. Dollar. CANDLES The Dollar Index completed its three-week consolidation and ended the week with a bullish continuation candle, while also reclaiming the 100 WMA. The potential target from the monthly Double Bottom remains in the $104–105 area. Overall, DXY…