Get started
U.S. Dollar Currency IndexU.S. Dollar Currency IndexU.S. Dollar Currency Index

U.S. Dollar Currency Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals

DXY trade ideas

Bearish continuation?US Dollar Index (DXY) is rising towards the pivot and could drop to the 1st support. Pivot: 100.54 1st Support: 98.32 1st Resistance: 101.78 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 Weekly ForecastDXY Weekly Forecast A Message To Traders: I’ll be sharing high-quality trade setups for a period time. No bullshit, no fluff, no complicated nonsense — just real, actionable forecast the algorithm is executing. If you’re struggling with trading and desperate for better results, follow my posts closely. Check out my previously posted setups and forecasts — you’ll be amazed by the high accuracy of the results. "I Found the Code. I Trust the Algo. Believe Me, That’s It."
TVC:DXYShort
by Vincent-DA
Skeptic | This Week's Most Profitable Setups: Gold, Forex & SPX!hey, traders, it’s Skeptic ! 😎 Our last watchlist was straight fire, racking up some sweet profits with tons of setups. This week’s looking just as juicy, so stick with me to catch these killer opportunities! 🚖 Welcome to my Weekly Watchlist, where I lay out the markets I’m trading with active triggers—forex pairs, commodities, and CFD indices. No FOMO, no hype, just pure reasoning to keep your trades sharp. Let’s jump in! 📊 DXY (Dollar Index) Let’s kick off with DXY, ‘cause getting this right makes analyzing other indices and pairs a breeze. After multiple failed attempts to break support at 98.8 , it’s still ranging. This is a monthly support, so confirmation of a break needs to come on a monthly or at least weekly chart. Personally, I’m betting it’ll bounce from here. A break above 99.36 gives early confirmation of a rise, but the real deal is breaking resistance at 100 —then you can short USD pairs like EUR/USD . If 98.8 gives way, look for longs, but this monthly zone is tough, so expect some chop! 😬 EURX EURX seems to be in a weak upward channel. A break above 1063 could push us to 1071 . On the flip side, breaking the channel’s midline at 1058 might drag us to the floor or even support at 1049 . So, our EURX game plan is clear. Watchlist Breakdown Let’s hit the watchlist, starting with XAU/USD (Gold ). Triggers here are tricky, but I cloned last week’s downward channel and placed it above—this trick often gives us solid setups. If we bounce off the channel’s floor, a break above resistance at 3340 opens a long. For shorts, I don’t have a trigger yet since the market’s already dumped. If we form a 1-hour range, a break below its floor could trigger a short targeting 3249 or the previous channel’s midline. Now, XAG/USD (Silver) —no triggers this week. Our long trigger from last week’s analysis at 33.68 smashed it, spiking 8%! 🎉 That’s a lock even Bitcoin traders would drool over, but in Skeptic Lab :) Next, EUR/USD. The long trigger is set at a break above resistance at 1.14555 , which lines up with the DXY support break I mentioned. Heads-up: this trade won’t be easy. Reduce risk ‘cause we’re in for a big fight at this level—wild swings and tight stop losses get hunted fast. Stay sharp! 😤 GBP/USD Update My GBP/USD long got stopped out, so let’s break it down. I went long after a resistance break, with crazy uptrend momentum and RSI hitting overbought (which I see as a long confirmation). Everything looked dope except my stop loss placement. The prior move was so sharp that my stop had to be wide, tanking my R/R. It hit the box ceiling target but then dumped, nailing my stop. Lesson? Either jump in before the main momentum or let the move play out and skip it. Mid-move entries with big stops? Recipe for pain... SPX 500 Our SPX 500 long trigger from breaking the box ceiling already fired and seems to have pulled back. My target’s 6128.55 , and my open position has a stop loss below 5952.51. If you missed last week’s trade, a new trigger could be a 1-hour resistance break at 6014.20 . If you’re already long, no need to double up. Final Note my max risk per trade is 1%, and I suggest you stick to that or lower. I’m cooking up a Money management guide soon, diving deep into why it’s the key to outpacing 90% of traders and boosting your odds of consistent profits. Stay tuned! 🚨 No FOMO, and have an awesome week! 💬 Let’s Talk! If this watchlist lit a spark, hit that boost—it means a ton! 😊 Got a pair or setup you want me to tackle? Drop it in the comments. Thanks for rolling with me—keep trading smart! ✌️
TVC:DXY
by SkepticWise
1
DXY NPF delivery and Week Ahead IdeasDXY NPF delivery and Week Ahead Ideas F DELIVERY RETRACE Sell side taken expected buy day to which price delivered *20:00 expands from equilibrium to minor buy side *22:40 judus swing fake to the down side *0:00 expands to session equal highs, previous session equal highs, and FVG *5:00 small retrace *7:30 expansion to take equal highs liquidity *8:30 ND sell side and buy side scoop *8:35 expansion to buy side *small retrace *9:00 expansion to buy side take buy side liquidity *10:00 silver bullet retraces to .70 taking session equal lows *10:30 reverses to buy side and rebalance a FVG consolidates *11:20 retraces to .618 bounces off consolidates on the 50 *1:00 expansion and then a back and forth as price moves narrowly into a consolidation to close NY JUNE 9 Ideas *Price takes key equal highs in NY *Parent bias is bear -this week bias is looking for higher prices over all *possible target for the week is the 50 at price 99.474 *Price is delivering to a premium previous session *I would expect an expansion to seek sell side liquidity in noted equal lows Monday’s delivering, if Sunday consolidates? I will watch for reactions at the session 50 just below the equal lows and go from there. Remember this can all change with Sundays delivery.
TVC:DXY
by LeanLena
DXY Analysis Next Week After Market OpenUS tariff policy is becoming a key variable affecting the Fed's interest rate policy. Current tax policies are facing negative reactions and declining support rates, creating pressure on the US government to promote trade agreements and implement tax cuts to stabilize the economy. At the FOMC monetary policy meeting in May, the Fed kept interest rates unchanged, showing a cautious stance on inflation risks and low unemployment rates. The latest employment figures show that the possibility of the Fed keeping interest rates unchanged at the June meeting is very high. As inventory accumulation can increase inflation, the Fed will wait for a clearer assessment of the impact of tax policies before making a decision. Accordingly, the possibility of the Fed cutting interest rates up to 3 times in the second half of the year is low. The US dollar is expected to continue to decline to adjust Best regards StarrOne !!!
TVC:DXYShort
by StarrOne
1
DXY: Approaching a bottom. Wait for the 1D MA50 to break.The U.S. Dollar Index is neutral on its 1D technical outlook (RSI = 45.278, MACD = -0.450, ADX = 23.415) as it seems to be approaching a long term support level, the bottom of the 12 month Channel Down. As long as it stays under the 1D MA50, the trend will remain bearish towards the bottom but once it crosses above, we will turn bullish and aim for a +9.95% bullish wave (TP = 107.000) same as the one before. Notice how similar the 1D RSI fractals are now and the previous bottom in September 2024. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXYLong
by InvestingScope
DOLLARImpact of June 6 Non-Farm Payrolls (NFP) Data on Fed Rate Decisions Key Data Points Non-Farm Employment Change: 139K (vs. 126K forecast, revised April: 147K from 177K). Unemployment Rate: Steady at 4.2% (matches forecasts). Average Hourly Earnings: 3.9% YoY (vs. 3.7% expected). Labor Force Participation Rate: Declined to 62.4% (from 62.6%). Fed Policy Implications Labor Market Cooling but Resilient: Job growth slowed (139K vs. 147K prior), with cumulative downward revisions of 95K for March and April. This signals moderation but avoids a sharp deterioration. Stable unemployment rate (4.2%) and wage growth (3.9% YoY) suggest the labor market remains tight enough to sustain consumer spending but is losing momentum. Inflation Concerns Persist: Sticky Wage Growth: Elevated wage inflation (3.9% YoY) complicates the Fed’s inflation fight, particularly in services sectors. Productivity-Sensitive Costs: Rising labor costs without productivity gains could pressure corporate margins and consumer prices. Fed’s Balancing Act: Near-Term Hold Likely: The Fed is expected to keep rates at 4.25–4.50% in July, prioritizing inflation control over labor market softness. Rate Cut Odds Shift: Markets now price a ~55% chance of a September cut (up from ~40% pre-NFP), contingent on further cooling in inflation (June 11 CPI data critical). Market Impact DXY (Dollar Index): Minimal immediate reaction, but sustained labor market cooling could weaken the dollar if rate cuts gain traction. Equities: Mixed signals (slower jobs vs. stable wages) may limit gains, though tech and growth stocks could rally on delayed Fed tightening. Bonds: 10-year yields (4.40%) may edge lower if growth fears outweigh inflation risks. Conclusion The Fed will likely delay rate cuts until September unless inflation softens decisively. While job growth is slowing, persistent wage pressures and a stable unemployment rate justify a cautious stance. Traders should monitor June CPI (June 11) and Q2 GDP data for clearer signals. Summary: No July cut expected; September cut remains contingent on inflation easing. DXY range-bound near 98.50–99.50 until CPI release. stay cautious #gold #DOLLAR
TVC:DXY
by Shavyfxhub
US Dollar Analysis - by MMFX This is not a prediction, it never is. My bullish anticipation on the instrument is rooted from many catalyst of course, though the proof of the pudding is communicated on the charts itself. I zero in on the Weekly to Day bias on price action looking for: Market Structure, Inducement, CISD, Candle Stick Patterns, Voids/Gaps, SMT, Liquidity Sweeps, Bullish ChoCH, BOS, etc. On the 4H - 30M scope i look to refine and define the narrative. Monitoring fundamentals & lending rates on the global and domestic scale I pair this with barometers related to the index such as Treasury's, GOLD and other securities to identify if my Bullish suspicions are true.. Thank you.
TVC:DXYLong
by RickoMillenialMarkits
Just got the May NFPs... Let's have a lookWe just received the May NFPs, which, overall, are not bad. Let's dig in. TVC:DXY TVC:DJI FX_IDC:USDJPY FX_IDC:USDCAD TVC:GOLD Let us know what you think in the comments below. Thank you. 77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:DOLLARINDEX
by Marketscom
DXY June 6 Over all notesDXY June 6 Over all notes Parent bias is bear Discount range current/previous MONDAY-EXPANSION *Expands to equal lows TUESDAY REVERSAL *gaps lower *Rally to retrace *Creates equal highs WEDNESDAY REVERSAL-CONSOLDATION *Gaps lower * takes equal highs *Expands lower creates equal lows THURSDAY CONSOLIDATION-EXPANSION *Asia retrace to minor buy side, taps a bearish order block, CE of hourly FVG *London 2 macro expansion sell off *classic 7 macro retrace fake out *NY 8 macro ND Price expands to target of the week equal lows *NY 10 macro SILVER BULLET reversal *Consolidation *dealers range retraces to 50 level F DELIVERY RETRACE Sell side taken expected buy day *Asia on the 50 level previous session-sign that price is seeking buy side liquidity *20:00 expands buy side TAKE AWAYS- REMEMBER THIS Parent bias is KING *4 hour is bias and order flow *1 hour confirm cycle where price has delivered to and what liquidity taken *5 equal lows/highs and candle formations TRADE CHECKLIST confirming bias, direction, liquidity taken, previous session fib levels, and time of day are the keys In hindsight price delivered perfectly to a equilibrium to premium logic, back tested logic for direction on Wednesday, Thursdays speculation for new driver. Wow it must be random ICT 2022 model
TVC:DXY
by LeanLena
Highly likely the DXY goes down.Trading the DXY increase in 2022 was my best trade of that year. Specifically on the USD/CAD pair not the whole index. Options worked great for this. I had call options on USX not the company. It's Options on the US Dollar (USX) on the TMX exchange in Montreal Canada. To gain exposure to a rising dollar, or to hedge existing positions, call options on USX can be an effective tool. If DXY is going down like 2020-2021 it's great for stocks and equities. A falling dollar is also beneficial from the perspective of US national debt, as it makes interest payments cheaper in relative terms. Also many people outside the US have USD debts so example they make CAD but their debts are in USD. Well now their company is worth more as debt went down and revenue up. Otherwise known as currency risk. Very important for companies dealing in multiple currencies regardless of the type of business they do. The US has incentive for a weaker dollar as the interest payments on their debt are now around $1 Trillion a year. This yellow line represents a significant long-term resistance level. As long as the price fails to break and hold above this zone, the path of least resistance remains to the downside. The MACD is currently moving down, supporting a bearish bias. However, there are two key bullish signals I am watching that would challenge this view: The Bullish Crossover: This occurs if the blue MACD line crosses above the orange signal line. On the daily timeframe, a simple crossover can sometimes be a temporary fake-out (like the "flip-flopping" seen around April 3rd-9th). While it's a warning, it's not always a definitive trend changer on its own. The Bullish Divergence: This is the more powerful signal. If the price has set a new low since April 2025 but the MACD has formed a higher low, it creates a bullish divergence. A confirmation of this pattern could signal the end of the long-term downtrend and mark a serious change in market conditions. A bullish crossover happening at the same time as a confirmed bullish divergence would be a very strong combination, making a short position on the DXY extremely risky. **Disclaimer:** *The information provided in this post is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. All investments involve risk, and the past performance of a security, market, or trading strategy does not guarantee future results. I am not a financial advisor. Please conduct your own thorough research and consult with a qualified financial professional before making any investment decisions. You are solely responsible for any investment decisions you make.*
TVC:DXYShort
by JamesRennie
Bullish bounce?US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance. Pivot: 98.36 1st Support: 97.98 1st Resistance: 99.23 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