More Green in the Greenback?U.S. Dollar Currency IndexTVC:DXYTradeStationThe U.S. Dollar Index has been rangebound for more than a year, and some traders may think it’s ready to push higher. The first pattern on today’s chart is the series of slightly lower lows between July 2025 and February 2026. Instead of continuing downward, DXY held its ground and started making higher lows. That may be consistent with a longer-term bottom. Second is a double bottom at the April and May monthly lows around 97.6. Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in early April. The 8-day exponential moving average (EMA) more recently crossed above the 21-day EMA and MACD is rising. Those signals may reflect long- and short-term bullishness. Next, DXY closed at roughly 99.5 immediately before the ceasefire with Iran. The index mostly stayed below that level since, but now is pushing back toward that resistance. Finally, PMI data showed Europe’s economy weakening in May. U.S. numbers, in contrast, have mostly remained strong. Could that also boost the greenback relative to its transatlantic counterparts? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. Learn more here about TradingView’s Broker of the Year! Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com/DisclosureOptions. Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com/Important-Information/. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com/DisclosureTSCompanies for further important information explaining what this means.