Dollar Index – Monthly Analysis
The Dollar chart has been practically unchanged for almost three years. Well… 35 months, to be precise. Bookmark it. Just don’t show it to gold bulls or Canadians—it may cause mild nausea. The long-term roadmap has barely moved while price continues to respect the broader structure laid out years ago. Now, with September and Q3 in the books, it’s time to check whether the latest monthly and quarterly closures strengthen that roadmap—or finally give us a reason to redraw it. Let’s have a look at the monthly and quarterly signals, key levels, and the long-term prospects for DXY. CANDLES It is difficult to imagine a more bullish close for September and Q3. The quarterly frame pulled a rabbit out of the hat, avoiding the 8/20 EMA bearish cross while further strengthening the 50/200-quarter MA structure. The monthly formed a very convincing Bullish Engulfing, with an 8/20 EMA bullish cross now…
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