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.
DXY trade ideas
Dollar At Resistance; Will Lower CPI Cause New Drop? We had a volatile start of a new trading week.
The dollar moved higher across the board as the US and China appear to be moving toward lowering tariffs, suggesting progress toward a potential trade deal. As a result, stock futures are also trading to the upside. However, keep in mind that sharp moves on Monday can easily be reversed through the rest of the week, possibly even today, after US CPI came out lower than expected, which can cause some weakness on yeilds, and possibly FED will be ready to cut rates after-all.
So, I think that USD can still come under pressure, especially if we also consider that rise on DXY is in three legs and that a lot fo gaps from this weekend are still unfilled.
DXY: Sharing of the Trading Strategy for Next WeekAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉
On Friday, the U.S. Dollar Index fell by 0.3% and closed at 100.338. If the U.S. Dollar Index drops below the support level of 100.20 - 100.40, it is likely to retreat to the 50-day moving average of 99.81. In terms of trading operations, one can try to open a short position with a small position near 100.40, and at the same time, pay attention to the U.S. economic data and the dynamics of trade policies.
Trading Strategy:
sell@100.80-100.40
TP:99.50-90.00
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DXY Dual Perspective: Smart Money OB Short vs. Mid-Term LongThis chart presents two perspectives:
My Perspective (Dipanshu - GreenFireForex):
Expecting a bearish reversal from the current Order Block (OB) between 101.9 – 103.2, possibly due to inefficiency and early liquidity sweep.
ChatGPT’s Refined Perspective:
OB refined to 102.4 – 103.0 zone, aligning with imbalance and previous H4 structure break. A rejection from there is more probable.
Target:
Both views expect a drop toward the Demand Zone at 96.4 – 96.3, with bullish reversal expected from that key support.
Let’s observe whether the DXY respects early inefficiency or reaches full OB.
Comment your bias below!
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DXY 4HR , Daily AnalysisThe DXY is expected to make a minor bullish move until it reaches the 101.56 level. From there, a bearish reversal is anticipated, potentially driving the index lower until it forms a new lower low or reaches the key support zone between 96.80 and 95.40. At that level, a significant bullish reversal or a strong upward movement is likely to occur.
DXY Breaks out of long term Bearish ChannelThe Dollar Index TVC:DXY has finally broken out of a long term bearish channel and will most likely push back to top of the channel as Dollar Index strengthens. Expect a minor retracement to the bearish channel to gain momentum for the bullish move.
The financial market will likely experience many short positions/bearish moves on major FX pairs like AUDUSD, EURUSD, GBPUSD, NZDUSD, SGDUSD. Be on the lookout for such moves.
Kindly support this analysis to enable it reach to other people, and do comment your thoughts.
Check the trend It is expected that a trend change will form at the current resistance level and we will witness the beginning of a downtrend. If the index breaks through the resistance level, the upward trend will continue to the specified resistance levels. Then, there is a possibility of a trend change at this level.
DXY Bullish Rebound Expected! Buy!
Hello,Traders!
DXY is making a local
Bearish correction towards
The horizontal support level
Around 100.200 but we are
Locally bullish biased so
After the retest we will be
Expecting a local bullish rebound
Buy!
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DXY Will Go Higher! Long!
Please, check our technical outlook for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 100.428.
Considering the today's price action, probabilities will be high to see a movement to 102.304.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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DXY:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉
Today, the DXY rebounded after a decline. Trump's visit to the Middle East is expected to reach more agreements, and a rising tide of the US dollar is imminent. Technically, the daily - level band also shows a bullish signal. In terms of operation, one can go long near 100.5.
Trading Strategy:
buy@100.20-10050
TP:101.80-102.20
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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.
DXY Rebound or Reversal? All Eyes on the Bearish OB Zone! Analysis:
As anticipated, DXY has now swept the major weekly/monthly sell-side liquidity (SSL) at 99.58, tapping deep into a high-probability reversal zone. This aggressive liquidity raid was followed by a sharp bullish reaction—marking the first signs of potential re-accumulation or a relief rally.
Currently, price is pushing back toward a bearish order block (OB) that aligns with a dense cluster of confluences:
A weekly FVG (Fair Value Gap)
A monthly FVG that’s been previously respected
Major supply resistance from previous highs around 108.40–109.39
This confluence zone is critical.
📍 Two Likely Scenarios:
Rejection from OB Zone: If price respects the OB, expect continuation to the downside—possibly targeting a deeper structural shift and breaking below the recent SSL.
Breakthrough & Reclaim: If price breaks and closes strongly above the OB zone, it opens the door for a move toward 114.60, the next major daily buy-side liquidity.
🧠 Either outcome offers a significant macro play, especially for risk-sensitive pairs (i.e., AUD, NZD, Gold, or equities inversely correlated to USD strength). Keep in mind, DXY's movement is heavily influenced by macroeconomic events, so dollar strength or weakness can cascade across global markets.
Key Levels to Watch:
Support: 100.215 / 99.58
Resistance: 108.40 → 109.39 OB zone
Upper Target if invalidated: 114.60
⚠️ DYOR. Let price confirm before bias is committed.