DXY Weekly Chart Analysis U.S. Dollar Currency IndexTVC:DXYJunmadayagDXY Weekly Chart Analysis The U.S. Dollar Index is in a clear downtrend since mid-2025, sliding from ~110 highs to the 99.5–101 zone now. It’s testing key weekly S/R levels (blue lines) around 100–101, with the orange EMA 50 acting as dynamic resistance and the red EMA 200 still sloping downward above price. RSI (28) sits at 51.44 (above its SMA 50 at 43.05) and shows a clear bullish divergence — price made lower lows, but RSI formed higher lows. Momentum is turning positive even as price is weak. Bullish Case If DXY holds the 99.5 support + divergence plays out, we could see a bounce. First target: reclaim orange EMA 50, then push toward 104–108 S/R. A weekly close above both EMAs would confirm reversal. Bearish Case Break and close below 99.5 support kills the divergence signal. Price could accelerate lower with both EMAs still acting as resistance overhead — continuation of the downtrend. Indicator Settings: Ema 50 (orange) Ema 200 (red) RSI: Period 28; SMA 50 #DXY #USDIndex #TechnicalAnalysis #BullishDivergence #Forex #SRAnalysis