On Friday, the US Dollar Index (DXY), which measures the performance of the US Dollar (USD) against six major currencies, saw a small increase, reaching around 101.00. This was triggered by the latest University of Michigan Consumer Sentiment survey, which showed a less-than-expected result and added to a week of mixed US economic data. The survey revealed a decline in household confidence, yet a surge in inflation expectations, painting an uncertain picture for the US economy. The ongoing unpredictability of President Trump’s tariff plans and vague policies on trade have also contributed to a lack of optimism. Despite these factors, the DXY has managed to maintain its weekly gains as traders take into account decreasing risk appetite and prepare for future signals from the Federal Reserve (Fed). As of now, the DXY remains in neutral territory with a slight upward trend, trading within a range of 100.52 to 101.14. The Relative Strength Index (RSI) remains in the center at around 50, indicating a neutral momentum. The Moving Average Convergence Divergence (MACD) shows a small bullish crossover and the Average Directional Index (14) suggests a weak trend with a value in the 30s. The Ultimate Oscillator is around 60, while the Bull Bear Power is close to zero, indicating a lack of decision-making in the market. Although the 20-day Simple Moving Average (SMA) indicates a short-term buy signal, the 100-day and 200-day SMAs continue to show a bearish trend. If the DXY drops, support levels are expected at 100.93, 100.67, and 100.61, while resistance can be seen at 101.16, 101.75, and 101.82. Overall, the outlook for the DXY is currently neutral with a slight upward bias.