Skip to content
Back to Guavy Wire
Forex

Dollar Index Holds Firm Amid Geopolitical Tensions

Instruments
USD
Share

The US Dollar Index (DXY) continues to hold above 101.00, reinforcing its bullish structure, while the Nasdaq remains capped below 29,000 resistance and its June-July consolidation range.

Market participants remain focused on several key catalysts, including US-Iran negotiations, security guarantees for commercial shipping, the FOMC policy decision, and major earnings releases from Microsoft and Meta on Wednesday.

The monthly chart of DXY shows an ascending channel dating back to 2008 supporting the Dollar Index's broader bullish trend. A break above 102.00 would strengthen the bullish outlook, exposing resistance at 102.80, 104.50, and ultimately 107.00.

More on Forex

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc