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DXY trade ideas

Bullish Bias Until Opposing DisplacementClassic SMC concept: Price at Premium area, in order to gather liquidity it has to go to Discount area. Lets break down it into available Week unfolding Scenario: Scenario A: The easiest target for Price is to take PWH (Premium) and then we may face the some sort of displacement it could create Daily/4h -OB then we may trade up to Thursday for having Bearish Bias (short term) by keeping in mind Bullish Bias intact in mind (long term). Scenario B: Price may drop into FVG:BISI(4h) and may turn Bullish and then we may notice FVG creation on Monday and may ride Tuesday retracement to frame Bullish trade up to Thursday/Friday.
TVC:DXY
by Arrsalaan
1
U.S. Dollar Index (DXY) Update: Peaking Phase in FocusIn our previous analysis, we projected a bullish trend for the U.S. Dollar Index (DXY), forecasting its strength to persist until it reached a critical "Area of Interest" (highlighted in pink on the chart). This area corresponds to a significant resistance zone near the 109.6–110.0 level, as marked on the chart. Current Observations: - The DXY has now entered the projected "peaking phase," as shown by its approach to the identified resistance zone. - Momentum indicators, such as the RSI, suggest overbought conditions near this level, reinforcing the likelihood of a reversal. - The chart highlights a series of ascending waves culminating in the current peak, aligning with the earlier analysis of the bullish phase ending by early 2025. What’s Next? - A bearish reversal is anticipated, with the DXY likely retracing to lower support levels. Key targets for the downturn are: - The 100.00 psychological level, which also aligns with a structural support zone. - The 97.8 level, representing a major support from previous price action. - The longer-term downtrend trendline remains intact, suggesting the DXY could experience sustained weakness throughout 2025. Implications for Bitcoin and Cryptocurrencies: As noted earlier, a weakening U.S. dollar often correlates with upward momentum in dollar-denominated assets, including Bitcoin and other cryptocurrencies. If the DXY confirms its reversal, we could see a bullish breakout in Bitcoin beginning around Q1–Q2 2025, as the market prices in dollar devaluation. Conclusion: Investors should monitor the DXY's behavior closely within the "Area of Interest." Confirmation of a bearish reversal could trigger significant market shifts across various asset classes. Stay vigilant for further updates as the DXY's trajectory unfolds.
TVC:DXYShort
by Kenayi
1
DXY Is Going Up! Long! Please, check our technical outlook for DXY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 109.638. Taking into consideration the structure & trend analysis, I believe that the market will reach 111.019 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
DXY Strongly Bullish:DXY Strongly Bullish The DXY (US Dollar Index) is currently showing a strong bullish momentum. I do not expect the price to retrace back into the monthly breakout gap unless the extreme high is taken out first. With the ongoing strength in the US Dollar, the market is likely to continue pushing higher, especially if the price holds above key support levels. The bullish trend is intact, and any pullbacks might be shallow before the next leg up. Traders should remain focused on higher targets, monitoring for any significant shifts in market structure that could signal a reversal. The key point is that the extreme high must be taken out for the continuation of this strong bullish trend.
TVC:DXYLong
by Asif_Brain_Waves
DXY BIASAs we wait for the market to open it is important for you to know the overall direction of the market in general and that is where I come in as Dr. Trade, my job is to help you see what you are not seeing and I will do my best to make sure I provide you with the best market structure always, the target area for DXY is the POI above before I will be looking for short entries, so whatever trading strategy you use you can do well to use this as a blueprint when making your analysis and use correlation analysis too to make sure you are on the right path. stay tuned for more updates.
TVC:DXYLong
by Dr_Trade1
1
Long - If price pullbacks and form CLS on this levelLong - If price pullbacks and form CLS on this level you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔
TVC:DXYLong
by David_Perk
2
US Labor Market Surprises and Redefines Expectations for the FedThe US labor market has ended 2024 with unexpected strength, significantly exceeding market expectations. The addition of 256,000 new jobs in December, the highest figure in nine months, contrasts with forecasts of 160,000, consolidating a year of economic resilience. This robust data adds to a series of positive economic indicators, such as the services PMI and job openings, strengthening the narrative of a reduced need for an aggressive stance by the Federal Reserve (Fed). This labor market performance, bringing the total jobs created in 2024 to 2.2 million, though below the 3 million in 2023, directly impacts monetary policy expectations. Markets now more strongly anticipate that the first rate cut may not occur until the second half of 2025, with some suggesting it could be the only downward adjustment. This outlook diverges significantly from the Fed's revised projections at its December FOMC meeting, which reduced rate cut expectations from four to two for the next year. The strength of the US labor market, highlighted in the December non-farm payroll report, raises questions about the Fed’s monetary policy trajectory. This data, coupled with other positive economic indicators, suggests that the economy might be holding up better than expected, potentially delaying the need for rate cuts. A sectoral breakdown reveals particular dynamism in areas like healthcare (+46,000 jobs), government (+33,000), and retail trade (+43,000), the latter recovering from a contraction in November. However, certain weaknesses in manufacturing (-13,000 jobs) are evident. This strengthening of the US dollar, driven by robust economic data, is reflected in the DXY index, briefly reaching the 110 mark with a gain of approximately 0.7%. This appreciation of the dollar pressures emerging markets, particularly in Latin America, where the Mexican peso posted losses of over 0.8%. Additionally, downward pressure is observed in the equity markets, with the S&P 500 falling more than 1.5%. The market’s reaction to this data is clear: a stronger dollar, higher fixed-income yields, and pressure on equities. This scenario underscores the importance of closely monitoring the evolution of the US economy and its impact on global markets.
PEPPERSTONE:USDX
by Pepperstone
Confluence of Gartley 222, AB =CD and Three Drives to the topAt times they work out perfectly but you must always guard against euphoria. Anything can happen in the market ! Another butterfly pattern with not so perfect fib ratios. Had to wait for other confirmations to get into the trade . CD leg terminated as a measured move of the AB leg and immediately evolved into a Three drives to the top pattern and that was my trigger, entered the trade with a sell limit and a tight stop. So far so good! Its a scalp trade! Always trade what you see and practise sound money management.
TVC:DXYShort
by ChasuraGold
The chart suggests that the price might experience a retracement Analysis of the DXY (US Dollar Index) Chart Using Support, Resistance, and Projected Movements This is a 4-hour timeframe analysis for the US Dollar Index (DXY), highlighting critical support and resistance levels and potential price movements: Key Levels: Support Zone: A strong support zone is identified around 108.000 - 108.500. If the price retraces to this zone, it is expected to find significant buying interest. Resistance Zone: The first resistance zone lies between 109.000 - 109.500. The next resistance zone, which could act as a target, is located around 110.000 - 110.500. Proposed Movement Pattern (Blue Lines): The chart suggests that the price might experience a retracement toward the support zone at 108.000 - 108.500. After hitting the support and confirming a bounce, the price is expected to rally toward the 109.000 - 109.500 resistance zone. If the resistance at 109.500 is broken, the price could continue its upward trajectory toward the next target at 110.000 - 110.500.
AFTERPRIME:DXY
by EhsanFibo
DXY Friday rallyThe DXY has created a double bottom forming a W patten, followed by creating a new Bull flag over the past 2 days. A break out of the bull flag could see a rally breaking high levels from 2022 at 110. If a rally to these levels does occur we will need to see bullish out announcements regarding the news over the weekend such as, Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate, Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations. I'd like to see a strong rally to end the week for the DXY, then monitor the news results over the weekend to form my Bias coming into next week on Monday.
TVC:DXYLong
by KGHP