📉 DXY Analysis – June 22, 2025
The U.S. Dollar Index (DXY) is showing clear signs of rejection from the Daily Time Frame Swing Supply Zone around 99.000. A confirmed Head & Shoulders pattern on the H1 chart suggests a short-term bearish reversal. Price action remains under the 100 EMA on the 4H, and the market continues to respect the descending trendline.
Technical Outlook:
🔻 Target 1: 98.000
🔻 Target 2: 94.650 (Major support zone)
📈 RSI divergence confirms downside pressure.
🧭 Fundamental View:
Fed Pivot on the Horizon: Softer inflation and weakening U.S. macro data (e.g. unemployment ticking up, sluggish GDP) increase the probability of a rate cut by Q3 2025.
Risk-On Sentiment Returning: Global risk appetite is improving, pulling capital away from safe-haven USD assets.
Geopolitical Tensions (US–Iran–Israel): Ongoing Middle East conflict is driving temporary spikes in DXY due to safe-haven demand, but if escalation slows or a ceasefire is reached, this could accelerate downside moves in the dollar.
Oil Impact: Rising oil prices due to conflict could hurt the U.S. economy further, worsening the Fed’s policy dilemma and adding pressure on the dollar.
Bias: Bearish
❌ Invalidation above 99.200
🔎 Events to Watch: Fed speeches, PCE inflation, geopolitical developments in the Middle East
#DXY #Forex #USD #Geopolitics #USIranIsrael #HeadAndShoulders #Fed #MacroAnalysis #Tradewithnajamahmed #TechnicalAnalysis #DollarIndex
The U.S. Dollar Index (DXY) is showing clear signs of rejection from the Daily Time Frame Swing Supply Zone around 99.000. A confirmed Head & Shoulders pattern on the H1 chart suggests a short-term bearish reversal. Price action remains under the 100 EMA on the 4H, and the market continues to respect the descending trendline.
Technical Outlook:
🔻 Target 1: 98.000
🔻 Target 2: 94.650 (Major support zone)
📈 RSI divergence confirms downside pressure.
🧭 Fundamental View:
Fed Pivot on the Horizon: Softer inflation and weakening U.S. macro data (e.g. unemployment ticking up, sluggish GDP) increase the probability of a rate cut by Q3 2025.
Risk-On Sentiment Returning: Global risk appetite is improving, pulling capital away from safe-haven USD assets.
Geopolitical Tensions (US–Iran–Israel): Ongoing Middle East conflict is driving temporary spikes in DXY due to safe-haven demand, but if escalation slows or a ceasefire is reached, this could accelerate downside moves in the dollar.
Oil Impact: Rising oil prices due to conflict could hurt the U.S. economy further, worsening the Fed’s policy dilemma and adding pressure on the dollar.
Bias: Bearish
❌ Invalidation above 99.200
🔎 Events to Watch: Fed speeches, PCE inflation, geopolitical developments in the Middle East
#DXY #Forex #USD #Geopolitics #USIranIsrael #HeadAndShoulders #Fed #MacroAnalysis #Tradewithnajamahmed #TechnicalAnalysis #DollarIndex
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.