US Dollar Index – Thursday, July 17, 2025
If the pivot and support levels are able to withstand the #USDX's weakening correction in the near term, the #USDX has the potential to continue strengthening, supported by the Golden Cross EMA (50 & 200) and the 914 RSI (Neutral-Bullish) conditions.
Key Levels
1. Resistance 2: 99.47.
2. Resistance 1: 98.87.
3. Pivot: 98.27.
4. Support 1: 97.67.
5. Support 2: 97.07.
Tactical Scenario
Positive Reaction Zone: If the price successfully breaks through and closes above 98.87, the #USDX has the potential to continue strengthening to 99.47.
Momentum Extension Bias: If the 99.47 level is successfully broken through and closes above it, the #USDX will continue its strengthening momentum to 100.97.
Invalidation Level / Bias Revision
Upside bias weakens when the price breaks through and closes below 97.07.
Technical Summary
EMA(50): 98.40.
EMA(200): 98.11.
RSI(14): 55.15.
Economic News Release Agenda:
Safety Demand & Yield Rebound, concerns over political pressure to lower interest rates on the Fed, and strong US industrial data against weak PPI, all combine to give the #USDX the potential to strengthen today.
Tonight, there are news releases from the United States:
US Core Retail Sales m/m - 7:30 PM WIB.
US Retail Sales m/m - 7:30 PM WIB.
Unemployment Claims - 7:30 PM WIB.
