$XEU – Daily

The Euro makes up the lions share of the DXY index, so the dollar moves in the opposite direction to the Euro.

$USD – Daily

A downward move in the dollar is conducive to rising commodity and precious metals prices.
An upward move in the dollar puts pressure on commodities and precious metals (deflationary)
The dollar built an inverse SHS bottom that morphed into a SHS continuation pattern, that seems to have failed. The dollar has rallied back above its neckline and seems likely to continue higher, at least for awhile. More turns than a snake in the grass.