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Dollar Index (DXY) Analysis

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Dollar Index (DXY) Analysis
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The dollar index rose on Friday, touching the 104.050 area, and closing at this area, after the issuance of positive data (the private sector employment report (NFP), which gave a strong impetus to the dollar, although the Federal Reserve seems ready to raise interest rates in June, which leads to a rise in the dollar and a decline in indices and gold. Currently, the dollar At the 104.040 area, in the event of stability above the 104.650 area, we will see the 105,000/105,600 areas, but in the event of stability below the 103,500 area, we will see the 103.000/102.600 areas