Get started
US Dollar Index CashUS Dollar Index CashUS Dollar Index Cash

US Dollar Index Cash

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

USDX trade ideas

USD Bulls on the RopesThe US dollar (USD) – per the US Dollar Index – is on track to end February on the ropes following January’s monthly indecision candle at the resistance of 109.33. I believe USD bears have space to drive towards a ‘local’ descending support around 105.40ish, extended from the high of 107.35. Similarly, the daily timeframe demonstrates scope for sellers to strengthen their grip. Last week witnessed the Index reject resistance at 107.05, drawing focus towards an ‘alternate’ AB=CD from 105.77 (the 1.272% Fibonacci projection ratio). For those unfamiliar with Harmonic trading, an alternate AB=CD is simply an extended equal AB=CD formation using either 1.272% or 1.618% Fibonacci projection ratios. Interestingly, not only does the alternate AB=CD pattern share chart space with daily support at 105.62, but these daily levels are located just north of the monthly timeframe’s descending support line underlined above. Consequently, although there is room for bears to take control in the short to medium term, the combination of the monthly and daily support levels could entice profit-taking and encourage fresh long positions into the market, should we reach said area. Given monthly and daily charts echoing a bearish vibe, I will primarily focus on short-term resistance levels this week. One standout area of H1 resistance is between 107.24 and 107.14, made up of two trendline resistance lines (drawn from 109.88 and 106.57), a horizontal resistance level and two Fibonacci retracement ratios (78.6% and 38.2%). What is also interesting from a technical perspective is that the above-noted H1 resistance zone converges closely with daily resistance mentioned above at 107.05, therefore should the H1 resistance area be tested, the fact daily resistance is also present could add weight to a bearish showing. Should we fail to reach as high as the H1 zone, my next base case scenario is to watch local H1 supports to cede ground to trigger possible selling opportunities: the 106.43 low, for example.
TVC:DXYShort
by FPMarkets
U.S. Dollar Index (DXY) Technical Analysis1. Long-Term Uptrend & Ascending Channel The DXY has been respecting a well-established ascending channel for over two decades, with price action bouncing between the upper and lower trendlines. This suggests a macro bullish structure, despite periodic corrections. 2. Wave Structure for Clarity The green waves highlight significant price swings within the trend. These waves illustrate market cycles of expansion and correction, showing how DXY has moved through phases of strength and retracement. The current movement suggests a similar pattern is playing out, with a likely correction before the next potential leg higher. 3. Key Price Levels Resistance at ~113.07: A major historical level where the index has faced selling pressure. Support Zone (~100-102): The blue area represents a critical support region that has acted as a demand zone in previous corrections. Lower Trendline (~98): If selling pressure continues, the lower boundary of the channel (~98) could act as the final line of support before a potential reversal. 4. Potential Market Scenario The price has recently rejected the upper region and is heading toward support. If the 102-100 range holds, a bounce toward the upper trendline (~113) is likely. If broken, the next target would be the lower channel support (~98) before a possible long-term recovery.
TVC:DXYShort
by Yassine_Houd
DXY - ANALYSIS👀 Observation: Hello, everyone! I hope you're all doing well. Let me share my personal view on the Dollar Index (DXY) with you. Based on the chart, if DXY breaks below 106.879 in the 15-minute timeframe, I expect it to drop further toward 106.517. However, if this level holds and does not break, I anticipate DXY to push back up toward the range high, as we are currently at the range low in the monthly timeframe. Additionally, a price imbalance has formed, which I’ve highlighted in the chart. If 106.879 remains intact, I expect DXY to climb toward the range high around 110.160. 📉 Expectation: Bearish Scenario: A break below 106.879 could lead to a drop toward 106.517. Bullish Scenario: If 106.879 holds, DXY may rise toward 110.160 (range high). 💡 Key Levels to Watch: Resistance: 110.160 Support: 106.879, 106.517 💬 What’s your outlook on DXY? Let me know in the comments! Trade safe
TVC:DXYLong
by PouyanTradeFX
DXY Long into Zero Issuance WindowThe DXY was hammered when bad economic data came in last week. It also took a hit when a 30-year bond auction rallied the long bond, and caused yields to drop. This move of dropping also occurred as the Treasury issued bills almost every day of the month, but now there's a window where no bonds will be auctioned until Tuesday. The chart structure shows a falling wedge consolidation which bounced from the bottom, and this is a key level which resulted in a pivot going back to November 2023. If DXY can solidify a support where there used to be resistance, this could add confidence to a further swing upward.
TVC:DXYLong
by DarklyEnergized
DXY at the Crossroads: How the 108–110 could reshape the market Key Highlights The U.S. Dollar Index TVC:DXY is currently near an important resistance level of 108–110. A potential reversal of the dollar at this level could lead to further growth in stock markets and strengthen cryptocurrencies, while a break above 110+ would continue to put pressure on risk assets. If CAPITALCOM:DXY surpasses 110 and holds above it, there is a possibility of reaching as high as the 120 mark. A rejection from the 108–110 zone would indicate a downward trend developing, possibly pushing the index toward the 98 area or lower. Future outcomes will depend on Federal Reserve monetary policy, global demand for the dollar and other safe-haven assets, as well as overall economic stability. What about crypto? There are serious risks for CRYPTOCAP:TOTAL2 CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS A long-term perspective on ICEUS:DXY suggests that “alt seasons” tend to occur during periods of dollar weakness. Currently, the 108–110 zone and the MA50-W are pivotal. A potential DXY reversal here may act as a catalyst for another major altcoin rally in the coming months, while continued dollar strength could postpone any such “alt season.” Shaka
TVC:DXYShort
by shakatrade1_618
Profit and Learn: Is the U.S. Dollar Still Money?In this episode of Profit and Learn, we dive into the future of the U.S. dollar. Is it still the undisputed king of global finance, or is its dominance fading? With rising competition from alternative assets, central bank policies, and global de-dollarization efforts, we explore whether the dollar remains the ultimate store of value, medium of exchange, and unit of account. Join us as we break down market sentiment, policy threats, and the role of crypto and commodities in shaping the dollar’s future. Is the dollar “too strong” for its own good, or are we seeing the early signs of its decline? 💰 Is the dollar still money? Tune in to find out!
TVC:DXYEducation
by moneymagnateash
Short swing trade set up developingI can see a good short trade opportunity developing. 1)The price sharply dropped below the major support/resistance zone around 107 area and retraced up gently within the ascending parallel channel to fill the fair value gap.  2)The current 4H candle is moving below the bottom parallel channel. (developing) 3) MACD is in the bear zone and it looks like it is about to cross to the downside (but not confirmed).  4) RSI is also in the bear zone and it is starting to cross to the downside.  
TVC:DXYShort
by EbonyFalcon