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fxJun 25, 2026, 3:42 AM

Dollar Index Elliott Wave Forecast: Bullish Sequence Targets Extended Gains

The Dollar Index (DXY) shows an incomplete bullish Elliott Wave sequence from the January 27, 2026 low, suggesting further upside toward the 100%–161.8% Fibonacci extension range.

DXY

According to an Elliott Wave analysis, the Dollar Index (DXY) retains an unfinished bullish wave structure originating from the January 27, 2026 low. This pattern supports expectations for continued upward momentum.

The projected target zone lies within the 100% to 161.8% Fibonacci extension levels measured from that low. Traders are watching for a breakout above recent highs to confirm the extension.

No other specific price levels or timing were provided in the analysis.

Source: FXStreet Forex News