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U.S. Dollar Currency Index

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DXY trade ideas

Why I'm Bullish on the DXY: A Fundamental Approach!Powell continues to take a cautious tone, emphasizing a wait-and-see approach while acknowledging rising inflation risks, which suggests there's no urgency to cut rates. This leans slightly hawkish, especially compared to the market’s more dovish expectations, and could support some near-term Dollar strength. However, a more sustained move in the USD likely hinges on progress in upcoming trade discussions—particularly with China. Today's FOMC outcome is just one part of the broader picture; the next key signal may come with developments in the coming days. For now, the bias remains USD bullish heading into the London session. Technically, the DXY has broken its downtrend, signaling a potential shift in momentum. I’ll be watching for a possible retracement toward the 99.700 area, which could serve as a key support level before any further upside continuation.
TVC:DXYLong
by JoeChampion
4
Heading into 61.8% Fibonacci resistance?US Dollar Index (DXY) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support. Pivot: 101.39 1st Support: 99.91 1st Resistance: 102.58 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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. IC Markets 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.
TVC:DXYShort
by ICmarkets
DXY Rebounds on Fed Pause and Trade Deal Hopes.Macro approach: - DXY edged higher, recovering earlier losses as the Fed held rates and Powell was cautious. - Jun cut hopes faded, though markets expect three cuts this year, potentially lifting DXY short-term. - A potential US-UK trade deal also helps ease bearish sentiment on the dollar. Technical approach: - DXY is hovering around the key resistance at around 100.200, confluence with EMA21, indicating a potential short-term correction. - If DXY closes above the resistance at 100.200, the price may continue to claim to retest the following resistance at 101.800. - Conversely, closing below the current trendline may lead DXY to retest the swing low at around 98.000. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
TVC:DXYLong
by DatTong
Dxy bullish idea for next week - MMBMThis is a bullish possibility for DXY price action for next week. Monthly: - Price took a swing low confluent with a bearish breaker in discount and closed above the level; Weekly: - Price Took a swing below monthly swing with a bullish reaction. If this week closes with above previous weeks high, it confirms a bullish weekly swing; Daily: - Monday printed the likelly low of the week - A daily fair value gap is open allow with a volume imballance around monday open signalling bullish price action - a retrace to these levels would be a good buying opportunity. 4h: - there is a market maker buy model in play. - as of now, price already printed an intermidiate term low signalling that low risk buy myght have happened. News forecast: - I expect NFP to either retrace price to daily fvg or daily volume imbalance and leave a bullish reaction. - FOMC next week might bring the volatility to complete the mmbm Thank you for reading
TVC:DXYLong
by josefreis
1
DXY - ANALYSIS👀 Observation: Hello, everyone! I hope you're doing well. I’d like to share my analysis of DXY (Dollar Index) with you. Looking at the DXY chart, I expect a price increase towards 101.267. After reaching this level, I anticipate a decline to around 96.00. 📉 Expectation: Bullish Scenario: Price increases towards 101.267. Bearish Scenario: After reaching 101.267, a decline to 96.00. 💡 Key Levels to Watch: Resistance: 101.267 Support: 96.00 💬 What are your thoughts on DXY this week? Let me know in the comments! Trade safe
TVC:DXYShort
by PouyanTradeFX
1
DXY Analysis: Rising Dollar and Market ImplicationsAnalyzing the recent DXY chart, we observe a significant upward movement following a demand build-up. This article explores the implications of a rising U.S. Dollar Index (DXY) on currency pairs and major indices like the SP 500 and NASDAQ, aligning with current market dynamics. DXY Chart Breakdown: The chart highlights a strong weekly/daily demand level at 98,500, with an internal structural shift marking a pivot point. A demand build-up preceded a sharp rise, tapping the extreme level of the last point of supply at 100.385, suggesting bullish momentum. The DXY currently stands at 99.915, with potential to test previous supply levels around 101.850. Impact on Currency Pairs: A rising DXY typically strengthens the USD, influencing forex markets: • XXXUSD Pairs (e.g., EURUSD, GBPUSD): These pairs are likely to decline as fewer dollars are needed to purchase foreign currencies, reflecting the USD’s increased value. • USDXXX Pairs (e.g., USDJPY, USDCAD): These pairs are expected to climb, as a stronger USD buys more of the counterpart currency. Exceptions may arise due to region-specific economic data or central bank policies. Effects on Major Indices: The strengthening dollar has broader market implications: • SP 500: Multinational companies may face pressure from reduced overseas earnings, while higher interest rates (often linked to a rising DXY) could lower valuations, potentially leading to declines. • NASDAQ: Tech-heavy and growth-oriented, the NASDAQ may underperform due to its sensitivity to a stronger USD and rising borrowing costs, especially for firms with global revenue. However, a risk-off sentiment or strong U.S. economic data could counter these effects, supporting both indices. Conclusion: The DXY’s upward trajectory signals a robust USD, likely pressuring XXXUSD pairs downward and lifting USDXXX pairs. For indices, the SP 500 and NASDAQ may face headwinds, though context like economic releases or global sentiment will play a key role. Traders should monitor these levels closely for strategic entries and exits. Trump’s speech today may create short-term volatility for the DXY. A focus on tariffs could push it toward 101.850.
TVC:DXY
by Apexfx_Alpha
DXY Bear Flag: Is the Dollar on Thin Ice ?Hello Traders 🐺 Hope you're doing well. In my last idea about DXY, I mentioned the possibility of the FED cutting interest rates — and although at the time of writing this update they haven’t made a move yet, several key indicators still suggest that Quantitative Easing (QE) is on the horizon. If that happens, there’s a strong opportunity to profit from both sides: → Shorting the U.S. Dollar → Going long on deflationary assets like BTC, Gold, and even selected Altcoins 💰🔥 🔍 Technical Outlook: As shown on the chart, DXY is currently forming a bear flag, which is typically a bearish continuation pattern. We could see further downward momentum, especially if price breaks below the green support box. Also, if you zoom out to higher time frames, the bigger picture is still bearish. Recent upward movement? Just a classic retest of broken support, which now acts as resistance — as highlighted here: 🖼️ View Chart : So trade wisely, stay sharp — and as always remember: 🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺 🐺 KIU_COIN 🐺
TVC:DXYShort
by Kiu_Coin
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 99.61 1st Support: 99.36 1st Resistance: 100.03 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. 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. IC Markets 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.
TVC:DXYLong
by ICmarkets
DXY:Sharing of the Latest Trading StrategyAll the trading signals today have resulted in profits!!! Check it!!!👉👉👉 Today, the 4-hour chart of the DXY shows a volatile downward trend, and it is currently testing the support area of 99.40 - 99.30. Overall, it remains in a downtrend. Pay attention to the resistance near 100.00 above and the support near 99.00 below. Wait for a rebound and then go short. Trading Strategy: sell@100.00-99.80 TP:99.00-98.80 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:DXYShort
by PagAugustine
Dollar Bounce to 103 Incoming or Straight to 96?Will the Dollar Keep Tumbling, or Are We About to Bounce Back to 103 in May? Checking out the monthly charts, April finally delivered a close under that critical 100 level, breaking a floor that held firm for years: Zooming into the weekly chart, we’ve retraced back to test the 100 level from below. It’s now acting as resistance—so, is another big drop coming? Long term, my bias is clear: the dollar looks set to keep sliding lower after breaking the crucial 100 mark. But if we flip to the daily charts, we can clearly see signs of a short-term bounce brewing. It looks like price might want to squeeze back inside the range, aiming for that juicy sell zone around the 103 mark—the very origin of the leg down that initially broke 100: This 103 area is a prime spot for short-term bulls, and an even better opportunity to start loading up on shorts for a move down towards the Monthly buy zone around 96. Personally, I won’t trade USDX directly to the upside—I'll instead use this analysis to play setups on pairs like EURUSD and AUDUSD, as they're approaching key resistance areas right now. My game plan: wait patiently for price to reach around 103, then start hunting for sell signals. But first, we’ll need a solid daily close back above 100, something I think we could see happen this week. Don’t forget—we’ve got the Fed’s interest rate decision coming up, which might trigger some volatility. We could easily rally up to 103 ahead of the decision and then see a sell-off afterward. Of course, if the Fed throws us a curveball, the dollar might never get back above 100, and just continue dropping straight away. Right now, the 100 level is crucial—so watch closely. What’s your take? Drop your thoughts below! 😊
PEPPERSTONE:USDXLong
by TheFxAce
1
"DXY is building a textbook bullish flag — here’s exactly where For Traders (technical + confident) DXY bulls gearing up for a double-leg rally” 1. Context & Market Structure: After a sharp impulsive drop (green falling wedge), DXY has begun corrective accumulation in an ascending channel. Current price 99.531 is consolidating inside a broadening bullish flag pattern. Key Zones: Major supply zone: 100.500 – 101.000 (highlighted yellow box) Short-term resistance: 99.700 Short-term support: 98.8Projected Path (2 bullish legs): First push (red path): Minor pullback → break to ~100.100 Second push (blue path): Consolidation → breakout towards 100.500–101.000 (target zone) 00–98.500 Bias: Short-term bullish → Targeting supply zone around 100.5–101.0 Invalidation level: Clear break below 98.500 (would negate bullish setup) > Trade Idea: Buy on dips within the ascending flag, targeting 100.100 and 100.500 Watch reaction near supply zone for possible reversal or continuation
CAPITALCOM:DXY
by Greenfireforex
DXY Outlook: FVG Retest Complete — Is 105 the Next Sweep?DXY Weekly Forecast In recent weeks, DXY dropped to the extreme demand zone, sweeping the lows around 98–99, before launching a bullish reversal and breaking through multiple minor highs. Last Friday, price retested a daily Fair Value Gap — perfectly aligned with the NFP release — and held. Now, we may see some sideways consolidation at this level before continuation higher toward the 105.000 zone, where key liquidity sits above prior highs. Bias: Bullish Key Zones: • Support: 102.000 (FVG / demand area) • Resistance: 105.000 (liquidity target) The structure is clean: bulls in control, as long as the FVG zone holds. — Weekly forecast by Sphinx Trading Drop your thoughts in the comments. #DXY #DollarIndex #USD #ForexAnalysis #LiquiditySweep #SphinxWeekly #FairValueGap #NFP #SmartMoney
TVC:DXYLong
by Sphinx_Trading
Analysis of the DXY's Trend and Operational SuggestionsDuring today's US market trading session, from a technical analysis perspective, on the daily chart level, the stochastic indicator forms a death cross and diverges downward, which is undoubtedly a strong bearish signal. In terms of the K-line pattern, the current price continues to be under pressure from above, and the overall trend is weak. At the 4-hour level, the stochastic indicator also forms a death cross and points downward. The K-line presents a horizontal consolidation pattern in the shape of a straight line. This pattern usually indicates that the price is accumulating downward momentum, so it can be regarded as an important basis for bearish sentiment under pressure. By comprehensively considering the technical indicators of various cycles and the K-line pattern, the current market is clearly under the dominance of bears, and its weak characteristics are fully manifested. The DXY encounters strong suppression at the mid-axis position of the daily chart, and the suppression effect is significant. Combining the current market environment and technical trends, it is expected that the DXY will continue its downward trend, and its subsequent performance remains pessimistic. DXY sell@99.700-99.500 tp:99-98.500 Investment itself is not risky; it is only when investment is out of control that risks occur. When trading, always remember not to act on impulse. I will share trading signals every day. All the signals have been accurate without any mistakes for a whole month. No matter what gains or losses you've had in the past, with my help, you have the hope of achieving a breakthrough in your investment.
TVC:DXYShort
by VolatilityWise