Dollar Index – Weekly Analysis
Those who followed our mid-week alert were well prepared for Friday’s sharp spike in the U.S. Dollar. The move did not come out of nowhere—the technical setup had already started warning that DXY was approaching an important decision point. In this DXY Technical Analysis, we examine the latest candlestick signals, classical chart patterns, momentum shifts, and multi-timeframe structure to determine which scenario currently carries the better odds. The bigger question is whether Friday’s move was simply another short-lived bounce—or the first sign that the Dollar is ready to challenge the prevailing trend. With DXY sitting near a potential inflection point, the next confirmed move could have implications far beyond currencies, especially for commodities, bonds, and the broader risk trade. CANDLES The Dollar is looking increasingly serious. DXY has broken decisively above the 8 and 20 EMA and is now challenging the 200 DMA resistance. At the same time, MACD completed…
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