DXY (US Dollar Index) Daily Chart Analysis – Shavyfxhub Strategy
Current Price: ≈ 99.75
Market Structure
The daily chart shows DXY trading inside a broad ascending channel.
A rising red trendline and a parallel green trendline form the main channel.
Price previously tested the upper part of the channel near the Weekly Supply Roof.
Multiple purple circles mark key RT/SR (Resistance Turned Support) reaction points along the structure.
Recent price action shows a pullback from the highs, with price now sitting in the middle of the channel.
Key Levels (Shavyfxhub Style)
Supply Roof / Resistance:
Weekly Supply Roof (horizontal green zone near 101.00–101.60)
Upper channel boundary (red ascending resistance)
Horizontal resistance around 100.75 – 100.50
Demand Floor / Support:
Rising green trendline (dynamic demand)
Horizontal demand zone near 97.90
Major lower demand around 95.81
Current Bias & Scenarios
Bullish scenario:
Hold above the rising green trendline and 99.50–99.70 area
Upside targets: 100.50 → 100.75 → Weekly Supply Roof (101.00–101.60)
A break above the Weekly Supply Roof would open the path toward the upper channel (102.50+)

Bearish scenario:
Clear break below the rising green trendline
Opens the door for a deeper move toward 97.90, and potentially the major demand at 95.81 (as projected by the long red arrow)
Summary (Shavyfxhub View)
Structure = Still inside an ascending channel (higher highs & higher lows on the larger scale)
Immediate focus = Reaction at the mid-channel and rising demand trendline
Critical resistance = Weekly Supply Roof + 100.50–100.75 zone
Critical support = Rising green trendline + 97.90
DXY is currently in a corrective pullback within a broader uptrend. Holding the rising demand keeps the bullish channel structure intact. A break below it would shift the short-term bias lower.