DOLLAR DXY REJECTED DAILY CLOSE AT 101.781U.S. Dollar Currency IndexICEUS_DLY:DXYShavyfxhubThe daily line chart close of dollar index,a key barometer in trading EURUSD,GBPUSD,GOLD,SILVER,COPPER,BITCOIN rejected a Supplyroof at 101.781-101.800 zone.the make things worst the daily structure has formed double top and the neckline is broken ,the break of the neckline of double with a successful retest is a sell confirmation and DOLLAR bulls are pulling back from rally. DOLLAR on daily remains above 100,a key bullish benchmark,this capital pause has given GBPUSD,EURUSD ,GOLD ,SILVER a rally window. the last FOMC policy outlook helped firm bullish sentiment and kept long positions running,it seems buyers are pricing yesterday PCE data outlook. What is PCE? The PCE (Personal Consumption Expenditures) is the Federal Reserve’s preferred measure of inflation. It tracks changes in prices paid by consumers for goods and services, based on actual spending patterns (unlike CPI, which uses a fixed basket). The Fed targets 2% PCE inflation over the longer run.  United States economic dockets on 25th June 2026 Core PCE Price Index m/m 0.3%0.3%0.3% Final GDP q/q 2.1%1.6%1.6% Final GDP Price Index q/q 3.6%3.5%3.5% Unemployment Claims 215K225K227K• Inflation PCE 4.1% unemployment 4.3% for may and GDP 2.1% These figures came in roughly in line with expectations but showed further acceleration in inflation, driven by services, energy, and broader pressures Impact on Fed Rate Decisions in July and Beyond The hotter-than-desired readings (well above the 2% target) reinforce a cautious/hawkish stance for the Federal Reserve. • The Fed held rates steady at 3.50%–3.75% at its June 18th 2026 meeting (fourth consecutive hold), with the dot plot signaling possible hikes later in 2026 amid rising inflation forecasts.  • This PCE report strengthens the case against near-term cuts and keeps a rate hike on the table for 2026 (markets and some officials had already priced in potential tightening). It reduces the likelihood of easing soon.  The July meeting typically does not include updated economic projections (dot plot), so it may be a “wait-and-see” session focused on incoming data.  The Fed prioritizes data-dependence; persistent core pressures (services, etc.) make cuts unlikely until clearer disinflation appears.  Next FOMC Meeting: July 28–29, 2026 (decision announced on the 29th).  Markets will now digest this alongside other indicators (e.g., employment, Q2 GDP). Overall, yesterday’s PCE print tilts policy expectations toward higher-for-longer rates in the near term. The DXY market structure in context. The DXY is a key indicator and barometer in trading,understanding weekly/daily/4hr structure is key. The daily line chart rejected 101.781-101.800 Supplyroof on daily close,but on 4hr line chart close the structure is giving a double top and the break of the neckline to form a pattern which aligns perfectly with daily line chart close rejection. Demandfloor will hinge on the 4hr ascending trend line breakout for buy continuation,if this layer fails then 100.724 comes into play. Key demand to watch 100.225 and last demand floor to watch will be on the ascending trendline connecting the 17th/18th fOMC price surge . #DXY #DOLLAR