DXY Technical Outlook – Strong Support Test and Bullish Reversa Chart Summary
The DXY (U.S. Dollar Index) chart illustrates a significant technical structure between strong historical support and resistance zones, with potential for a bullish reversal after a key level retest.
🟢 Key Support Zone: 99.000 – 98.000
📍 Labeled as "STRONG SUPPORT", this zone has hel
U.S. Dollar Index (DXY) Bearish Setup – Supply Zone Rejection & 🔹 Trend Overview
📊 Overall Trend: Bearish (Downtrend)
📉 Price is forming lower highs and lower lows within a descending channel.
🔻 Recently bounced off a support zone, now heading toward a potential pullback.
🔵 Supply Zone (Resistance Area)
📍 Zone Range: 100.049 – 100.601
🧱 Acts as a resistanc
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DXY Short-Term Reversal Zone in SightUS Dollar Index (DXY) is approaching a strong support zone at 98.90–98.00, which has historically acted as a base for bullish reversals. The price is now testing the lower bound of this zone after a steady downtrend from the 101.94 high.
Key Technical Structure:
Support Zone: 98.90–98.00 (tested 3+
Dollar Poised for Further Losses as Confidence Erodes – Key LeveThe U.S. dollar is under mounting pressure, with a combination of fundamental and technical factors pointing toward deeper weakness. Investor trust in the U.S. economy is waning, evidenced by a wave of insider selling from top U.S. CEOs. Their net reduction in equity holdings signals caution at the
DXY: Move Down Expected! Short!
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The recent price action suggests a shift in mid-term momentum. A break below the current local range around 98.579 will confirm the new direction downwards with the target being the next key level of 98.459 and a reconvened placement of a st
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
US Dollar Index reached its highest quote on Sep 27, 2022 — 114.963 USD. See more data on the US Dollar Index chart.
The lowest ever quote of US Dollar Index is 88.143 USD. It was reached on Feb 15, 2018. See more data on the US Dollar Index chart.
US Dollar Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Dollar Index futures or funds or invest in its components.