U.S. Dollar Index
Long

DXY: Last Dip Before Lift-Off?

20
Previous roadmap played out well — time to refresh the view.

Global (1W)
snapshot
DXY remains in an uptrend. Since 2008 we’ve built a textbook five-wave impulse.
Since 2022/2023 that impulse has been in correction — base read: a single zigzag (SimpleZ).
Base case: correction completes → trend resumes with new highs ahead.
Alternatives
Flat: push toward 114–115, then a deep pullback.
Double zigzag (W–X–Y): bounce first, then one more leg down.

Local (12H)
snapshot
Finishing ABC where C likely prints an ending diagonal → expecting the down leg to terminate and a rising phase to begin (either corrective or impulsive).

Price Action
Imbalances below may still get tapped; we’re below a key level, but the core scenario is dollar strength ahead.
snapshot
snapshot
What’s your take? Which path do you favor — Base (new highs), Flat (114–115 then pullback), or W–X–Y (one more leg lower)?

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