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U.S. Dollar Currency Index

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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
DXY: Supply Zone Ahead – Possible Turning PointWelcome back! Let me know your thoughts in the comments! ** DXY Analysis ! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Welcome back! Let me know your thoughts in the comments!
TVC:DXYShort
by OGT_Forex
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
USD Week 3 of Gains - 23.6% Fibonacci RetracementThis week has been the third consecutive week of gains for DXY and this comes in stark contrast to the bearish trend that drove price in early-April trade. This week was of course a lift from the FOMC rate decision, and next week brings inflation back to center-stage with the Tuesday release of CPI. In DXY, we've only seen a mere 23.6% retracement of the 2025 sell-off so this move is still very much in the early stages. We also can't rule out sellers taking another shot here, as the oversold RSI reading from a few weeks ago often doesn't mark the exact low - because trends can usually take some time before they actually turn. What will probably weigh on the matter is EUR/USD and whether a larger pullback can show there, but for now, it's the 1.1200 handle that's led to a bounce for this week. In DXY, there's key support at 100.22, 100 and then 99.18 for bulls to defend into next week. And key resistance is around the 102.00 handle in DXY. - js
TVC:DXY
by FOREXcom
UXY suggesting a medium-term bullish structure.riggering bullisH Awais Ali: 1. Structure & Market Context Trend Channel: The price action is contained within a clearly defined ascending channel, suggesting a medium-term bullish structure. Support Zone: A horizontal support area is marked around the 99.00 level, which previously served as a strong demand zone, triggering bullish momentum. Break of Structure (BOS): A previous significant support level was broken to the downside (noted as “BOS”), indicating a change in market structure at that point. However, the current structure has resumed an upward trend. 2. Trade Setup Current Price Level: Around 101.39. Entry Zone: Near the midline of the channel, marked by a slight retracement after a recent high. Target Zone: Projected at 103.009, suggesting a bullish continuation toward the upper boundary of the ascending channel. Stop Loss Zone: Below the blue entry box, near 100.481–100.231, indicating a well-defined risk zone. Risk-Reward: Favorable, with a substantial upside potential relative to the defined stop level. 3. Technical Indicators & Tools Channel Lines: Used to map the upper and lower bounds of the trend. Box Zones: Highlight entry and exit zones for trade planning. Arrow Projection: Suggests a potential price retracement followed by continuation to the upside. --- Professional Interpretation The chart reflects a bullish outlook on the U.S. Dollar Index, supported by a well-established ascending channel, strong support structure, and a potential correction before continuation. The trader is likely anticipating a bullish reversal from the current retracement area, targeting a new high around 103.00, which aligns with the previous swing level. This analysis is methodical and uses sound price action principles—ideal for swing traders or short-term position traders seeking directional bias and clear trade execution zones. Awais Ali: bullish reversal from the current re
TVC:DXYLong
by Johnson67
After a rock-bottom RSI on DXY, is XAUUSD due for a fall? I thinIts no mystery that the DXY has an inverse mirroring relationship with XAUUSD. When DXY goes down, XAUUSD usually rises. The RSI for DXY has been bottom of the barrel for a long time now, and combined with a recent break in structure, due certainly due for a temporary rise, which doesn't bode well for XAUUSD in the short term. I placed my SL around 3,254 and TP around 3,243, two key areas of support and resistance from an SMC perspective.
TVC:DXYShort
by SynapseTrade
Sharing of the Latest Trading StrategyAll 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 The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them! 👇 👇 👇 Obtain signals👉👉👉
TVC:DXY
by PagAugustine
Trump's dollar disregardUpdated version of my chart from 2022, whereby we predicted the rising strength of TVC:DXY to fill out the channel forecasted. Gold pumping to ATH's with increased political uncertainty throughout the globe and China dumping its US treasuries i am surprised the dollar has held sustained this price. Here present is some technical analysis outlining the key levels for $TVC:DXY. Keeping this text short i am predicting the decline of the Dollar and i am currently keeping my eye on the GBP/USD chart alongside NOK/USD as see these as the most interesting in the FX markets.
TVC:DXY
by ben_findlay
DXY Breakout! Bullish Momentum Targets 103.6 and 107.4 The US Dollar Index (DXY) has just made a strong bullish breakout from the 99.05–100 demand zone, confirming a reversal from its recent downtrend. This region has acted as a high-volume node and key institutional accumulation zone, as highlighted by the LuxAlgo Supply & Demand Visible Range. Key Technical Highlights: Demand Zone: The 98.5–100.5 range showed significant volume buildup and price rejection, signaling strong buyer interest. Breakout Confirmation: Price broke through minor resistance at 101.2 with strong momentum and a bullish candle close. Next Target: Eyes on 103.621, the next key resistance zone. A break above may push DXY towards 107.467, aligning with a major supply area. Volume Profile: Low volume between 101.2 and 103.6 suggests a potential quick move toward the next resistance. Indicators: RSI trending up but not yet overbought. MACD shows early bullish crossover on the 4H timeframe. Fundamentals to Watch: Upcoming USD economic data (CPI, Retail Sales, FOMC minutes). Risk-off sentiment globally could boost USD as a safe-haven play. Trade Plan (Not Financial Advice): Buy Zone: Already triggered breakout above 101.2. TP1: 103.6 TP2: 107.4 SL: Below 99.8 to invalidate the breakout thesis. What do you think? Will DXY continue its bullish move or face rejection around 103.6? Let’s discuss in the comments.
CAPITALCOM:DXYLong
by FrankFx14