Get started
US DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEX

US DOLLAR CURRENCY INDEX

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

DXY trade ideas

Dollar Index in Danger: Patterns Point to More DownsideThe dollar index (DXY) is flashing serious warning signs. In this video, I break down the technical evidence behind my bearish outlook on both the monthly and daily charts. The head and shoulders pattern we spotted did work it's way to breaking the neckline BUT the target will Not be achieved as the data on the charts have changed. On the daily charts we have a strong bearish engulfing candle, there is also an RSI divergence in the overbought zone, stochastic indicator has turn down and momentum is also following along. The downtrend on the monthly timeframe has not formed any divergence yet so I expect price to fall below the previous month's low in the coming weeks. There will be bounces from support zones on the daily and 4 hours, these will be opportunities for good entries. If you’re holding USD or trading around it, this is a must-watch. The signals are clear—are you prepared? Cheers and I wish everyone a profitable trade in the coming week.
CAPITALCOM:DXYShort
by RICHINVESTOR
Dollar Index ProjectionWhere We Were – Market Structure Recap, The Dollar Index completed a six-month range (110.176 to 96.768) with a bearish engulfing pattern, signaling long-term weakness. From March to June, DXY printed consistent lower lows and closes. July marked a shift with a higher high and close, indicating a possible retracement toward premium levels within the broader downtrend. Where We Are Now – Current Market Conditions, DXY is trading near the bottom of its range, interacting with a monthly price imbalance. Last week’s candle closed higher (higher high, higher close), suggesting short-term bullish control. On the daily timeframe, structure has shifted into a potential sell-to-buy scenario. A new range is defined, and the 62% Fibonacci retracement overlaps with a bearish order block — a likely accumulation zone. The recent daily low is now critical support for this short-term bullish case. Where We’re Going – Weekly Outlook, The immediate outlook favors a bullish retracement targeting liquidity above last week’s high and into the monthly imbalance. If support holds, continuation toward premium levels is likely. A break below support invalidates the bullish scenario and shifts the structure bearish. A false break and rejection (turtle soup) could still keep the bullish case intact if followed by strong buy pressure. Video Link: www.youtube.com
TVC:DXYShort
by thehaitiansniper
Technical Analysis | DXY | U.S. Dollar Index4-Hour Timeframe🔍 Technical Analysis | DXY | U.S. Dollar Index 4-Hour Timeframe After hitting a strong supply zone marked in blue at the top of the chart, the price faced selling pressure and entered a bearish phase. Currently, the price is trading within a decision zone between buyers and sellers, where both bullish and bearish scenarios are possible. 🔼 Bullish Scenario: If the price finds support at the mid-level support zone marked in green, and signs of a bullish reversal appear—such as proper candlestick formation or a renewed breakout of minor resistances (creating higher highs)—then the index is expected to move toward higher resistance levels. 🔽 Bearish Scenario: Considering the market structure, if the mid-level support is lost and the price settles below this zone, the downtrend may accelerate. The dollar index could then move toward the lower support zone, marked in blue, which previously acted as a strong barrier and reversal area. This level may again serve as a key point to watch for market reactions. ✅ Conclusion The U.S. Dollar Index is currently in a corrective phase, oscillating within a sensitive range. The price reaction to the current support zone will likely determine the next directional move. Therefore, it is recommended to wait for a confirmed breakout or bounce from this area before entering any trades.
TVC:DXY
by esmaeilesmaeilzade_fx
US Dollar Index (DXY) Technical Analysis:The DXY has recently exited a bearish wave, retested support levels, and began a recovery — currently trading near 100.09, a key resistance area. 🔹 If price breaks and holds above 100.09, the upward move may continue toward the 102.00 zone. 🔹 However, if the index rejects this level and reverses, a retest of 98.80 could follow. ⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always perform your own analysis and monitor the markets before making any investment decisions.
TVC:DXY
by Fadi_radar
USD to continue down?: Weekly Review/ fundamental analysis There was a lot of information to take in during the week starting Monday 28 July. A US / EUR trade deal announcement, US GDP, MICROSOFT earnings all contributed to positive market sentiment as the S&P continued to push all time highs. But in a reminder that anything can happen, a combination of NFP, AMAZON earnings and fresh TARIFF UNREST, ensured the week ended on a sour note. The week got off to a good start with the US / EUR announcement. Although the news weakened the EUR as it appeared the US got the better end of the deal. And all of last weeks EUR positivity was unwound. Despite the overall positive market mood at the beginning of the week, the currencies once again didn't quite correlate with the environment, as the USD and JPY both started the week particularly strong. Which could have been put down to 'EUR liquidity', meaning the USD and JPY benefited most from the weakness of the EUR. But, more likely, I suspected it was 'positioning' ahead of the important central bank interest rate meetings. The meetings didn't disappoint, starting with the FOMC. The overall message was a continued reluctance to immediately cut interest rates. In a thinly veiled dig at the president, the line, "looking through inflation by not HIKING rates" sent the USD soaring as the probability of a September cut dropped to 40%. A few hours later it was the BOJ'S turn. Although acknowledging inflation, a reluctance to immediately HIKE rates disappointed JPY bulls. And when added to positive MICROSOFT earnings, by Thursday's European session we had a peak JPY short opportunity. But, alas, it wasn't long before disappointing Amazon earnings and the president stirring the tariff pot rocked the boat. And when Friday's NFP data 'surprised to the downside', the rot set in, the S&P dropped and in particular, sentiment for the USD crumbled. And the probability of a September rate cut significantly rose back up to 90%. It's difficult to trade NFP at the best of times, but particularly when ISM data shortly follows. But I wouldn't argue with anyone who fancied a USD short on Friday. I begin the new week with an open mind. I do think the S&P has a good chance of recovering (it's only natural for traders to use bad news as an excuse to take profits from all time highs). Sentiment for the USD could remain subdued, I suspect the US 10year will be a prominent part of the narrative. On a personal note, outside of trading, drunk idiots smashing a bakery window and a member of staff leaving at short notice kept me busy. But I did manage one trade. A post BOJ 'short JPY'. It was coin toss between a post FOMC 'USD long' or a standard 'risk on AUD long'. I plumbed for the AUD. Ultimately, it wouldn't have mattered and the trade it profit. Please feel free to offer thoughts questions, maybe you've spotted something I've not mentioned. Results: Trade 1: AUD JPY +1.3 Total = +1.3%
TVC:DXYShort
by johnelfedforexblog
DXY testing 100.00 resistanceThe US dollar index has risen to rest a key resistance area around the 100.00 level. Previously a key support and resistance zone, what happens here could determine the near-term technical direction for the US dollar. Key support below this zone is at 98.95, marking a prior resistance. Given the short-term bullish price structure, I would expect this level to hold if the greenback were to ease back from here. If the bullish momentum gathers pace, then 101.00 could be the next stop, followed by the recent high of 101.97. From a macro point of view, resilient economic data and persistent core inflation concerns continue to support the Federal Reserve’s cautious policy approach. Today’s core PCE inflation reading came in slightly above forecast, at 2.8% year-over-year versus the expected 2.7%. In addition, jobless claims were better than anticipated, registering 218,000 compared to the 224,000 forecast. The Q2 Employment Cost Index also surprised to the upside, rising 0.9% quarter-on-quarter. These figures follow yesterday’s stronger-than-expected GDP report and a solid ADP private payrolls release, further underscoring the strength of the U.S. economy. Attention now turns to Friday’s nonfarm payrolls report, which could have a meaningful impact on rate expectations. Fed Chair Jerome Powell has emphasized the importance of the unemployment rate as a key metric, so any upside surprise could reinforce the Fed’s current position. However, expectations are not very high for the non-farm payrolls report. Current forecasts suggest an increase of 106,000 jobs, with average weekly earnings rising 0.3% month-over-month, and the unemployment rate edging up to 4.2%. Yet, the scarcity of strong leading indicators this month adds a layer of uncertainty to the outlook. By Fawad Razaqzada, market analyst with FOREX.com
TVC:DXY
by FOREXcom
USD Working Strongest Month Since April 2022After a decisive sell-off ran for most of the first-half of the year, USD bulls have stepped up in July and DXY is currently up 3.3% for the month. That's the strongest monthly outing in the currency since April of 2022- and that's just after the Fed had started their rate hike campaign that year. It led into a massive rally that ran through September as the USD set fresh 20-year highs. The question now is one of continuation, and motive seems to be fairly clear. I've outlined the technical backdrop as this shift has taken place over the past month, as the Dollar held a higher-low last week and that drove into a higher-high this week. There's likely some short squeezing contributing to the rally but with U.S. data remaining strong, and inflation on the way back up, the rate cuts that markets had priced-in back in March and April for 2025 are now in question. This brings attention to the next major item - with Non-farm Payrolls tomorrow morning. On a short-term basis the USD move has already started to show overbought conditions on the four-hour chart, and daily RSI is getting close to the 70-level. So perhaps ideal would be a soft report tomorrow at which point a pullback could show. It's from that that we can see whether bulls will come in to defend higher-lows, and there's now support potential at prior resistance of 99.40 in DXY. If we do see a strong report, the 100 level is the spot for bulls to reckon with and at that point, we may be looking at an overbought RSI scenario on the daily chart - which doesn't necessarily preclude bullish continuation although it will make it more difficult to chase topside breakouts. - js
TVC:DXY
by FOREXcom
Fundamentals Support Dollar’s Potential Trend ReversalThe dollar appears to be reversing its direction on the 4-hour timeframe. The trendline has been broken and retested twice, but the dollar has held above it, signaling a potential shift in momentum. Despite intense pressure from the White House on the Federal Reserve, the data is likely to prevent the Fed from cutting rates at the upcoming meeting and possibly at the one after that. A potential rate cut in September will largely depend on incoming inflation and labor market data. The inflation impact of tariffs became more visible in the latest CPI report, but the effect is still relatively modest. This aligns with our theory that tariff-driven inflation will build gradually and persist over a longer period, rather than cause an immediate spike. Meanwhile, the labor market has not shown clear signs of rapid weakening, so there is no strong case for a rate cut from that side either. The Financial Conditions Index also indicates that monetary policy remains on the accommodative side. Bloomberg financial conditions index is at highest level since March. As markets increasingly recognize that no rate cuts are likely in the near term, and with the August 1 tariff deadline approaching amid potential rising risks of trade tensions between the U.S. and the EU, the dollar may gain further support. The U.S.–EU bond market spread also does not favor a stronger euro at the moment, adding to the dollar's upside potential. In the short term, 98.10 and 98.53 are immediate support and resistance levels. If the dollar breaks above 98.53 again, upward momentum may strengthen and open the path toward the 100 level.
TVC:DXYLong
by ftdsystem
DXYThe Federal Open Market Committee (FOMC) announced on July 30, 2025, that it will maintain the federal funds rate at the current target range of 4.25% to 4.50%. This keeps the rate unchanged from previous meetings, continuing a "wait-and-see" approach amid mixed economic signals. The decision was supported by a 9-2 vote. The committee highlighted that recent data suggests economic activity growth has moderated in the first half of the year, with low unemployment and somewhat elevated inflation. The FOMC indicated it would carefully assess incoming data, the evolving economic outlook, and the balance of risks before making further adjustments. There is no rate cut at this meeting, but the Fed remains attentive to risks on both sides of its dual mandate of maximizing employment and achieving inflation around 2%. Federal Reserve Chair Jerome Powell emphasized the need for additional data, particularly regarding the impact of tariffs on inflation and economic conditions, before changing policy. The economy showed stronger-than-expected second-quarter growth, but inflation remains above the Fed's 2% target, contributing to the decision to hold rates steady. The committee's stance reflects caution despite pressure from political sources to cut rates. The next FOMC meeting after this one will be in September 2025, and some economists predict a possible rate cut then depending on economic developments. Powell's press conference and the FOMC statement will be closely analyzed for any subtle shifts in policy tone or outlook. In summary: Federal funds rate maintained at 4.25% - 4.50% Economic growth moderated but remains solid Low unemployment, inflation somewhat elevated Fed is data-dependent and cautious No rate cut for now but possible in September This is consistent with the ongoing approach since late 2024 of holding rates steady to balance inflation control and support for the labor market.
ICEUS:DXYLong
by Shavyfxhub
U.S. Dollar Index (DXY) – Pro Analysis | 1H Chart |1. Strong Bullish Momentum DXY broke out sharply above the 99.41 resistance, showing clear strength from bulls with minimal pullbacks during the rally. 2. Short-Term Rejection at Supply Price was rejected from the 99.978 zone — a key supply area. This indicates the presence of active sellers near the psychological 100 level. 3. Retesting Breakout Structure Currently hovering just above 99.669, the DXY is retesting the previous breakout level. This could act as short-term support if bullish momentum resumes. 4. Next Key Zones Resistance: 99.978 → 100.534 Support: 99.411 → 98.92 Break below 99.411 may invalidate the breakout. 5. Outlook Bias remains bullish above 99.41. However, failure to reclaim 99.978 soon may signal temporary exhaustion or consolidation before next leg up.
TVC:DXY
by TheWallstreetCapital
Dollar I Weekly CLS I Model 2 I Ready for pullbackYo Market Warriors ⚔️ Fresh outlook drop — if you’ve been riding with me, you already know: 🎯My system is 100% mechanical. No emotions. No trend lines. No subjective guessing. Just precision, structure, and sniper entries.
 🧠 What’s CLS? It’s the real smart money. The invisible hand behind $7T/day — banks, algos, central players. 📍Model 1: HTF bias based on the daily and weekly candles closes,
Wait for CLS candle to be created and manipulated. Switch to correct LTF and spot CIOD. Enter and target 50% of the CLS candle. 
For high probability include Dealing Ranges, Weekly Profiles and CLS Timing.

 Trading is like a sport. If you consistently practice you can learn it. “Adapt what is useful. Reject whats useless and add whats is specifically yours.” David Perk aka Dave FX Hunter 💬 Don't hesitate to ask any questions or share your opinions
CAPITALCOM:DXYLong
by David_Perk
37
DOLLAR INDEX DXYThe latest U.S. economic data released on July 30, 2025 shows: ADP Non-Farm Employment Change: Actual increase of 104,000 jobs, significantly above the forecast of 77,000. This marks a strong rebound from the previous decline of -23,000 in June and indicates solid labor market momentum, particularly in services sectors like leisure/hospitality, financial activities, and trade/transportation. However, education and health services saw job losses. Wage growth remains steady at 4.4% year-over-year for job-stayers. Advance GDP q/q Growth: Actual growth came in at 3.0%, beating the forecast of 2.5% and improving sharply from -0.5% previously. This suggests that the economy is expanding robustly in the second quarter Advance GDP Price Index q/q (Inflation measure): Actual was 2.0%, slightly below the forecast of 2.2%, and down from 3.8% previously, indicating easing inflation pressures . Interpretation of this data for Federal Reserve policy: The stronger-than-expected job growth and GDP expansion signal a resilient economy, which may reduce the immediate likelihood of Fed rate cuts, as these indicators support sustained economic momentum. The slightly softer inflation reading on the GDP Price Index suggests inflation pressures are continuing to moderate, which could offer some flexibility to the Fed. Overall, the Fed is likely to view this data mix as supportive of a cautious, data-dependent approach, possibly maintaining current rates in the short term without rushing to cut, but monitoring to ensure inflation stays on a downward path. If the Fed prioritizes strong growth and a resilient labor market, rate hikes or holds are more likely than cuts. If inflation remains subdued, it could permit a gradual easing down the line but probably not immediately. Let me know if you want a detailed outlook on market reactions to this release or the potential Fed communication following today’s data. #GOLD
ICEUS:DXYLong
by Shavyfxhub
DXY BEARISH TREND 30-JUL 15-JUN 2025There are some major upcoming events that could significantly impact the US dollar index (DXY), including the ADP Non-Farm Employment Change and the Federal Funds Rate decision. Because of this, I expect the DXY to continue its downward movement until it reaches around 94.5. If it breaks below that level, it’s also possible that it could drop further and reach 89.00. Currently, the DXY is expected to start its move downward from the 99.20–99.50 range, making a decline from that level quite likely
TVC:DXYShort
by ProfissionalGoldHntryhunter
1
Bearish reversal?The US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support. Pivot: 99.24 1st Support: 98.27 1st Resistance: 99.97 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 warning of an incoming bear market?The DXY is into major multifactor support on the weekly timeframe. We have 2 weekly trendlines intersecting right at the 97.00 level. The first connects the highs from March 2020 through the lows of July 2023 to where we are now. The second is much larger and goes all the way back to 2007, connecting the lows from 2007, 2011 and 2021. We could see a major bounce here for months and some companies have reported during earnings that the sole reason for their improved earnings was due to weakness in the dollar. What happens to earnings when the DXY goes back into bull mode???? Time will tell...
TVC:DXYLong
by bradc1984