Dollar Index – Weekly Analysis

The advocates of continued U.S. dollar weakness had a rather uncomfortable week, as DXY delivered a move that was broadly expected within the Investing Angles circles. Last week I wrote that “the Dollar could return toward the $100–101 area relatively quickly.” What can I say except the rather sacramental: “I told you. Hope you were prepared.” Now the real question is not whether the Dollar moved—but how strong and durable this move can become. 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 implications go well beyond currencies. A decisive move in DXY could influence commodities, bonds, precious metals, and the broader risk trade, making the current setup especially important to watch. CANDLES Now we can see just how badly the bears failed on the last weekly signal. The bulls…