USD Index (USX) / US Dollar forum
DXY coming off oversold, short term recovery underway.
DXY this thing will never recover
DXY Look at the 3 month chart. A rise on the DXY could trigger a risk off move and vice versa. Goes back to 1985
DXY 🤑 "Money isn’t made… it’s TAKEN!" 💰💸Based on the 🔥 Thief Trading Style 🔥 (a lethal mix of technical + fundamental + psychological warfare), we're executing a DXY Dollar Index Bank Heist—a high-stakes robbery where YOU get to keep the loot!
📜 THE HEIST BLUEPRINT (TRADE PLAN)
🎯 ENTRY ZONE – "BREAK THE VAULT DOOR!"
📍Key Trigger: Wait for price to SMASH through the Moving Average Wall (97.700) – then STRIKE!
🔪 Thief’s Entry Trick:
Buy Stop Orders above MA (aggressive)
Buy Limit Orders near recent swing low (smart pullback play)
DCA/Layering Strategy for max profit extraction (real robbers scale in!)
🚨 ALERT SETUP: "Don’t miss the breakout – set an ALARM!" ⏰
🛑 STOP LOSS – "DON’T GET CAUGHT!"
"Yo, rookie! If you’re entering on a breakout, WAIT for confirmation before placing SL!"
📍Thief’s SL Zone: 97.400 (30min swing low – adjust based on your risk appetite!)
⚠️ WARNING: "Place it wrong, and the cops (market) will lock YOU up!" 🚔
🎯 TARGET – "ESCAPE WITH THE LOOT!"
🏆 Primary Target: 98.350 (Take profits before the resistance police show up!)
🔄 Scalper’s Bonus: "Trail your SL, squeeze every pip!"
💡 Pro Tip: "If you’re underfunded, ride with the swing traders – teamwork makes the dream work!"
DXY Tez Cruz has asked senate for 250 billion more dollars for Israel after texas flooding!
USDX - Back to the 20D EMA!!!
It's actually bullish it's trying to take out key resistance at daily frame
DXY f the jobless claims are lower than expected I guess there are a lesser need for lowering the interest rates. Why stimulate the economy if everything is fine for now? They need ammo for the next crisis when the bubble bursts
DXY 2/2 Summary of Key Levels
Daily & 4-Hour Support and Resistance
Daily Support: 96.800, 96.500
Daily Resistance: 98.000, 98.500
4-Hour Support: 97.200, 96.900
4-Hour Resistance: 97.700, 98.100
Exponential Moving Average (EMA) Levels
Daily Time Frame
EMA 50: 97.850
EMA 100: 98.200
EMA 200: 98.600
EMA 400: 99.000
4-Hour Time Frame
EMA 50: 97.450
EMA 100: 97.750
EMA 200: 98.000
EMA 400: 98.200
Weekly Pivots
Pivot Point: 97.600
Resistance 1: 98.200
Support 1: 97.000
Daily Pivots
Pivot Point: 97.425
Resistance 1: 97.700
Support 1: 97.200
Fibonacci Retracement Levels
23.6%: 97.637
38.2%: 98.002
61.8%: 98.521
Fundamental Analysis and USD News 📈
Looking ahead, several important economic indicators are set to be released that could significantly impact the DXY:
Consumer Price Index (CPI): Scheduled for July 12, this report will provide insights into inflation levels, which are critical for the Federal Reserve's monetary policy decisions. A higher-than-expected CPI could strengthen the USD, while a lower reading may lead to bearish sentiment.
Retail Sales Data: On July 15, the retail sales figures will be released, offering a glimpse into consumer spending trends. Strong retail sales could boost confidence in the economy and support the DXY.
Federal Reserve Meeting Minutes: The release of the minutes from the latest Federal Reserve meeting on July 17 will provide traders with insights into the central bank's future monetary policy direction. Any hints towards interest rate hikes could positively influence the DXY.