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Dxy 1Hr Analysis 15-May-2025The US Dollar Index (DXY) showed signs of recovery following its sharp decline in April 2025. This rebound appeared to coincide with easing concerns around trade tensions between the US and other countries, particularly China. The index climbed toward the 102 level before retreating, likely influenced by lower-than-expected CPI (inflation) data. Looking ahead, potential scenarios for DXY include: • A sustained move above the 101 level may open the door for a test of the 102 area. If momentum continues, market participants may observe whether the index approaches the 103–103.2 range. • Alternatively, if DXY struggles to stay above the 101 level and a downward pressure persists, attention may shift to the 100, and even lower to the 99 level — a zone that has previously attracted buying interest. Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:USXUSD
by easyMarkets
US Dollar Index (DXY) – Bullish Setup in PlayThe market has spoken and it’s whispering a potential bullish breakout . As seen in the chart, the US Dollar Index (DXY) recently broke out from a short-term consolidation zone after forming a solid base near the 99.00 region. Currently, it's retesting a minor support level (highlighted by the yellow horizontal line). Key Observation: Price is holding above this support zone with strength. If this level holds, I anticipate a continuation to the upside as marked by the white arrow. Target: The next major resistance zone lies near the 103.00 area, where price previously reversed. This becomes the logical next stop if the bullish momentum continues. What I’m Watching: Reaction from the current support zone Strength of buyers stepping in Any fundamental catalysts from USD-related news/events In trading, it's not about predicting, it's about preparing. This chart reflects a classic "break-and-retest" scenario often seen before major moves. Let’s see how this plays out over the coming days.
CAPITALCOM:DXYLong
by Mrshazee
USD Holds Key Res at 102 but Bulls Show Up at Higher-LowUSD came into the week with a full head of steam as price broke out to the 102.00 level on Monday. This was pushed by a strong move in USD/JPY testing 148 and EUR/USD testing 1.1100 - but then the Tuesday CPI report came out soft and that gave bulls reason to take profits on the USD. That pullback ran vividly into early-Wednesday trade but at that point, support appeared at an important spot of prior resistance of 100.28, which was the neckline for the inverse head and shoulders pattern that led into last week's FOMC-fueled breakout. That support has so far held and that keeps bulls in control of the trend on daily and four-hour charts. The key test now is a big batch of drivers for tomorrow morning with retail sales, PPI and a speech from FOMC Chair Jerome Powell. At this point, EUR/USD retains bearish potential and USD/JPY bullish potential, which I'll touch on in a following post, and the door is open for Dollar bulls to make a move into the end of the week. On the other side of DXY, USD/CAD remains of interest as the pair has re-tested the psychological level of 1.4000. - js
TVC:DXY
by FOREXcom
1
DXY Sell this rally. Bearish until end-of-year.The U.S. Dollar index (DXY) has been trading within a Channel Down since the September 26 2022 High and is currently on a medium-term Bearish Leg. The last 3 weeks however have been a short-term rebound (all 1W candles green), but the price is still below both the 1W MA200 (orang trend-line) and the 1W MA50 (blue trend-line). This doesn't alter the bearish trend as this is not the first time we've seen this price action. More specifically, DXY also made a short-term rebound during the first Bearish Leg of the pattern and rebounded on January 30 2023 back to the 1W MA50. This delivered a strong rejection which eventually completed the Bearish Leg with one last round of selling to complete a -13.30% Bearish Leg in total. Before that, we also saw the same pattern (also on 1W RSI terms) in 2020, when on August 31 2020 the price again had a short-term rebound only to resume the bearish trend and finish the sequence again at -13.40% from the top. As a result, as long as the price remains (closes) below the 1W MA50, the last sell signal is given when the 1W RSI breaks above its MA (yellow trend-line) and then we can expect the Bearish Leg to complete a -13.30% decline with a 96.000 Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
USD overstretched to the downside as traders eye US retail salesApril retail sales data is scheduled to be released at 12:30 pm GMT tomorrow and will be a closely watched report as investors seek signs of any impact derived from tariffs, as well as potential future rate cuts by the US Federal Reserve (Fed). According to LSEG Data and Analytics, economists expect retail sales to have stagnated, following a 1.5% gain in March – the largest one-month surge since the start of 2023; the estimate range is between a high of 0.4% and a low of -0.6%. Excluding autos, retail sales are anticipated to have cooled to 0.3%, down from March’s reading of 0.5%; however, estimates range from a high of 0.7% to a low of -0.5%. Hard data is yet to follow soft data Heading into the event, we are aware that soft data demonstrate a soft economy, which includes consumer and business sentiment surveys. In contrast, hard data has yet to follow suit and remains reasonably robust. You will recall that CPI inflation data (Consumer Price Index) came in lower-than-expected in April, providing a modest shot in the arm for risk assets. Should retail sales come in stronger-than-anticipated, this could fan the fire and fuel the risk rally. The April jobs report revealed that the US economy added 177,000 new payrolls according to the establishment survey. Consisting of 167,000 new private jobs and 10,000 government roles, this defied the market’s median estimate of 130,000, though it was lower than March’s downwardly revised reading of 185,000. According to the household survey, the population increased by 174,000, and the labour force grew by 518,000, resulting in a 0.1 percentage point increase in the labour force participation rate to 62.6%. As expected, the unemployment rate held steady at 4.2%, while average hourly earnings rose by less-than-expected on both a month-on-month and year-on-year basis, increasing by 0.2% (down from the 0.3% estimate) and 3.8% (down from 3.9% expected), respectively. On the growth side, real GDP (Gross Domestic Product) – that is, economic activity adjusted for inflation – fell to an annualised rate of 0.3% in Q1 25. However, to clarify, this is the first estimate; there are three monthly estimates to complete the quarter, with the next being the preliminary and then the final print. According to the Bureau of Economic Analysis, the slowdown in growth was largely due to increased demand for imports. Nevertheless, according to the Atlanta Fed's GDPNow latest estimate (May 8), real GDP is now expected to grow at an annualised pace of 2.3% in Q2 2025. USD Unwind? According to the Commitment of Traders report (COT), the US dollar (USD) is overstretched to the downside, and the Citigroup Economic Surprise Index has been largely subdued, indicating that hard data has yet to be impacted by global trade tensions. This, coupled with the Fed in ‘wait-and-see’ mode and positive sentiment fuelling USD bids following the temporary US-China trade truce announced earlier this week, leads me to remain of the view that there is a solid backdrop for a higher USD. Consequently, my preference heading into the event would be to look for a beat in the data and possible long opportunities. The USD index remains at monthly support at 99.67, but is struggling to overthrow the 50-month simple moving average (SMA) at 102.05, as well as daily resistance from 101.92/50-day SMA. As you can see from the charts below, daily support is now in play at 100.54, and, ultimately, I am looking for this level, along with the 38.2% Fibonacci retracement ratio at 100.45, to hold ground. Written by FP Markets Chief Market Analyst Aaron Hill .
TVC:DXYLong
by FPMarkets
Slower Inflation Growth, Takes DXY lower.Overnight, the DXY traded lower, driven by 2 main factors. 1) The release of lower-than-expected CPI data at 2.3% 2) Rejection of the long-term bearish trendline and the area of confluence formed by the 61.8% and 38.2% Fibonacci retracement levels from the longer term. If the DXY breaks below the 38.2% Fibonacci retracement level of the shorter term, we could expect to see further downside, toward the target level of 100. This round-number level would align with the 61.8% Fibonacci retracement level and the short-term bullish trendline.
TVC:DXYShort
by JinDao_Tai
USD Index (DXY) Short Setup: Reversal Expected from Resistance Z1. Entry Point: ~102.430 The price is currently below this level at 101.583, suggesting a potential short setup once the entry level is reached or confirmed. 2. Stop Loss: ~103.196 This is the price level where losses are limited if the trade moves against the intended direction. It's placed above a strong resistance zone. 3. Resistance Point: ~100.580 This was a previous resistance level which has now been broken, indicating a bullish push. The current price is above this, which may signal a breakout. 4. EA Target Point: ~97.857 The take-profit level, significantly lower, indicating a bearish target. This suggests a short position is intended from the entry point. Indicators and Signals The chart uses moving averages (likely 50 EMA and 200 EMA), and the price has surged above them, often a bullish signal. However, the analysis seems to anticipate a reversal from the 102.430 level, expecting a drop back down toward 97.857. The move from the current price to the target would be a 4.40% decline, a significant move for an index. Trade Plan Summary Trade Type: Likely a short/sell from the 102.430 level. Risk: ~0.77 (103.196 - 102.430) Reward: ~4.57 (102.430 - 97.857) Risk-to-Reward Ratio: Approx. 1:6, which is favorable if the setup works out.
TVC:DXYShort
by EA_GOLD_MAN_COPY_TRADE
19