The DXY Index has been going up since Jerome Powell speech after FOMC on 17 September 2025 and has continued its bullish trend since then, looking at the weekly chart this may be headind to an important resistance in the 101.395 area if the index succesfully breaks the 100.040 level of resistance, data will dictate its next move
I expect the index to test the 97.700 - 97.500 level of support early in the week and raise gradually to 100.040
Once there we have the following options:
- Poor usd data = selloff of the index on the way to the previous lows
- Strong usd data = break of the 100.040 level of resistance and the index reaching the weekly resistance 101.395
BE REACTIVE AND NOT PREDICTIVE
I expect the index to test the 97.700 - 97.500 level of support early in the week and raise gradually to 100.040
Once there we have the following options:
- Poor usd data = selloff of the index on the way to the previous lows
- Strong usd data = break of the 100.040 level of resistance and the index reaching the weekly resistance 101.395
BE REACTIVE AND NOT PREDICTIVE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.