DXY at a Critical Juncture — What’s the Fed’s Next MoveHey Guys,
I’ve put together a swing-style analysis for the DXY.
This one’s been highly requested — my followers are valuable to me, and I never turn them down.
DXY Daily Levels:
- Resistance: 100.606 – 99.837
- Support: 96.530 – 95.902
From a fundamental perspective, the U.S. Dollar Index is currently dropping due to Fed policies.
No steps are being taken to push the dollar higher.
Because of this, investors are choosing gold as a safe haven instead of buying dollars.
Gold keeps hitting new ATHs, and naturally, the dollar index is sliding.
Unless the Fed takes action to support the dollar, this decline will continue.
In short, the drop in the dollar is entirely due to the policies implemented by the Fed Chair.
Remember — DXY isn’t heavily influenced by technical analysis; it’s driven by Fed policy.
That said, since the index has fallen so much, I believe we might see some steps taken in the coming months to lift the dollar.
I’ll be sharing updates right here.📢
Once support or resistance levels are broken, I’ll post new insights immediately.
Every like from you is my biggest motivation to keep sharing these analyses.
Thanks to all my friends who support me — you’re the best. ❤️
