DXY Update 21 November 2025

At key level

DXY put in a pretty solid green candle yesterday and has continued higher today. Let’s see if we can confirm back in the uptrend because if we do, there could be fireworks to the upside.

Currently price is constrained by the 2 pivots at 99.80, with 98.60 as a clear reversal point to the downside.

USD/YEN and USD/CAD performing well, for different reasons, is pulling the DXY up and if we do get no change in interest rates on 10 December, there could be a really good move higher.