DXY (Dollar Index) Elliott Wave Analysis
The Dollar Index measures the value of the US dollar against a basket of six major currencies (EUR, JPY, GBP, CAD, SEK, CHF). EUR has the largest weight at 57.6%.
DXY wave structures provide the macro framework for all dollar-denominated pairs. A bullish DXY impulse wave implies bearish structures on EUR/USD, GBP/USD, and gold. Multi-year DXY counts are essential for macro positioning.
Key levels at 100, 103, 105, 108. The 100 level is a major psychological and structural pivot.
Always start your analysis session by counting the DXY waves on the weekly chart. This tells you whether the dollar is in an impulse or correction, which guides all your forex pair analysis.
H4 Wave Count
4-hour timeframe for precise entry timing
Daily Wave Count
Primary trading timeframe structure
Weekly Wave Count
Macro context and trend direction
Fibonacci Targets
Precise price targets from wave structure
Invalidation Levels
Exact price where the count is wrong
Alternative Scenario
What happens if the primary count fails
Get Daily DXY (Dollar Index) Analysis
Updated before London open, every trading day. H4, Daily, and Weekly wave counts with precise Fibonacci targets.