DXY consolidates in a narrow range, minor bullishness only above 97.60
Ichimoku Analysis (1-hour chart)
Tenken-Sen- 97.42
Kijun-Sen-97.24
DXY is trading in a narrow range between 97.58 and 97.30 for the past 3 trading days. The minor jump in us US dollar index was due to strong USDJPY which constitutes 13.5%. It hits a high of 97.47 at the time of writing and is currently trading around 97.45.
According to the Fed watch tool, the probability of rates to be unchanged has decreased to 87.3% from 90% and the chance of 25 bps rate increase jumped to 12.7% from 10%.
On the flip side, near term support is at 97.30 and any violation below will drag the index down till 97/96.54.
The major resistance is around 97.60, any indicative break above targets 97.85/98.25/98.60.
It is good to buy on dips around 97.35-40 with SL around 97.14 for the TP of 97.85.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro: EUR/AUD downward momentum remains in place
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro: USD/ZAR sell bias remains below key resistance zone
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 



