DXY Reversal Incoming?The market is showing early signs of a possible reversal, with sellers losing strength. Should this momentum persist, a breakout from the current bearish structure could occur in the upcoming sessions
DXY trade ideas
DXYWe are expecting DXY to give us slow push to the upside towards 101.5 level.
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dxy bearish biason the higher timeframe the dollar index seems very bearish seeking a strong surport level before it embarks on an upward trajectory as indicated on my technical analysis
$DXY broke structure to the downside.Now waiting for price to retrace into the lower cause/effect zone—ideally the origin of the last impulsive move down.
If that fails, I’ll be watching for a deeper retracement into the discounted schematic, where higher timeframe liquidity sits.
Not chasing—waiting for price to come to me.
DeGRAM | DXY has broken the downward structureThe DXY is under a descending channel above the trend lines.
The price has broken the upper trend line.
The chart maintains a harmonic pattern and has already broken the descending structure.
We expect a rise after consolidation above the resistance level.
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DXY NEXT MOVE AND MARKET EFFECTThe US Dollar Index (DXY) is currently testing a major multi-year support zone around the 99.70–100.00 level. This level has held firm multiple times in the past, acting as a strong demand area during key macroeconomic cycles. Right now, price action is showing indecision with a clear do-or-die moment forming. If bulls defend this zone, we could witness a significant bullish reversal, potentially targeting the 103.00–105.00 range. However, a decisive break below this support could trigger a bearish wave toward the 96.00 handle or even lower.
Technically, this zone is not just psychological, but also a structural demand region, aligning with previous swing lows and price pivots. We’re seeing a potential for either a double bottom reversal or a breakdown structure forming, depending on how the market reacts in the coming sessions. Price is extremely oversold on higher timeframes, which could fuel a relief rally if momentum shifts. The reaction here will be key for broader market direction, especially as the dollar plays a pivotal role across forex majors.
Fundamentally, the DXY is under pressure as recent U.S. macro data reveals weakening momentum. March CPI printed hotter than expected, but other indicators like core PCE, NFP softness, and signs of slowing consumer demand are fueling expectations that the Fed may be nearing a policy pivot. At the same time, global risk sentiment is improving and yields have pulled back slightly, putting pressure on the greenback. However, rising geopolitical tensions and elevated oil prices continue to support USD as a safe-haven asset.
As a professional trader, this is a critical level to watch. I’m keeping an eye on price action confirmation for either a bullish engulfing setup or a clean break and retest of the 99.50 level. Both scenarios offer high-probability trades. Patience here is crucial — let the market reveal its hand, then align with the momentum. Dollar volatility is likely to remain elevated heading into next week, so managing risk with clarity is key.
Dollar Index Monthly Review: Key Support Levels with the help ofIn the first Fibonacci setup, we observe a retracement of the index to the 61.8% Fibonacci level, after which a trendline could be drawn. Applying a second Fibonacci retracement on the chart reveals that the Dollar Index once again found support within the 50.0%-61.8% zone.
In January of this year, the dollar attempted to break above the 110.00 level but encountered resistance at the 61.8% bullish retracement level. This led to another pullback, increasing the likelihood of a decline toward the trendline in the 98.50-99.00 zone. The 100.00 level is expected to act as support, though a temporary dip below this level within a consolidation phase is possible before another solid support is established.
Once a new support base is confirmed, the Dollar Index could initiate the next bullish rally, potentially forming a new high above the 116.00 level.
(SMC) and key liquidity zones aligning for a major bearish reverThe U.S. Dollar Index (DXY) is tracing out its final wave of the Elliott 5-wave structure, with a powerful confluence of Smart Money Concepts (SMC) and key liquidity zones aligning for a major bearish reversal.
Wave (iv) correction might offer the last sell opportunity before a deep wave (v) drives us into the golden demand zone near 91–93.
Watch closely:
Fair Value Gap (FVG) & Order Block aligning at resistance
Wave (iii) completed with strong momentum
Massive bearish pressure setting up for 2025–2026
Next Move?
We’re tracking the wave (iv) pullback into the SMC zone, looking for entries to ride wave (v) down.
Get ready for a potential macro-level shift in dollar strength!
#DXY #ElliottWave #SMC #ForexAnalysis #DollarIndex
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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
U.S. DOLLAR INDEX (DXY) | MACRO OUTLOOKWe’re currently trading at $99.58 — down 8.2% from the recent high around $114.77. Looking at this 12M chart, we see DXY failing to hold its breakout above the previous cycle highs.
🟣 Key Historical Levels:
Last major high: 1985 peak
Previous structure high: $121.18
Long-term support zones: $88.25, $75, and $72.81
🔻 Macro view suggests we could be entering another multi-year corrective phase if momentum doesn’t reclaim previous highs.
What’s next? Will the dollar revisit deeper support — or surprise us with a reclaim and breakout?
👁 Stay alert. This chart isn’t just about the USD — it impacts commodities, equities, emerging markets, and crypto.
#DXY #USDollar #MacroTrading #LongTermOutlook #DollarIndex #TechnicalAnalysis #SmartMoneyMoves #RecessionWatch
Price Action + Fundamentals Point to Dollar StrengthThe current market environment presents compelling evidence for a bullish move in the US Dollar Index (DXY). While some patience is required, the setup is increasingly favorable for the dollar to appreciate in the coming weeks and months.
Key Factors Supporting a Bullish Move:
Monthly Close Above 100.160:
A critical technical level to monitor is the monthly close above 100.160. If achieved, it would signal a strong bullish breakout, setting the stage for a continuation higher. Given current price action and market dynamics, this scenario looks highly probable. However, if the price fails to close above 100.160 and instead breaks below it, we could potentially start looking for short opportunities.
Bond Market Strength (30Y, 10Y, 5Y):
This past week, we witnessed notable strength across the US bond market. Yields declined as prices rose, typically a positive signal for the dollar as it reflects capital inflows into US assets.
COT Report Insights:
The Commitment of Traders (COT) report reveals a critical shift: commercial traders, often considered the "smart money," are beginning to accumulate long positions in the dollar. This change in positioning historically precedes significant bullish moves.
Seasonal Patterns:
Seasonality also favors the dollar during this period. Historically, the dollar tends to strengthen in the mid-year months, aligning perfectly with the current technical and fundamental landscape.
Targets:
Initial Target: 106.120
Given the accumulation signs and supportive macro backdrop, a move towards 106.120 seems very realistic.
USD Tests Long-Term Support + Weekly OversoldLast week I highlighted the oversold reading on the weekly DXY chart. While bulls didn't exactly put in a massive showing it was also one of the first green weekly bars in a month.
Notably, the monthly April bar looks very bearish but the bulk of those losses were in the first 11 days of the month and last week, on Monday, a massive spot of support came into play at the 38.2% retracement of the 2008-2024 major move. This is confluent with a trendline projection, connecting 2001 and 2020 highs, which had come in to hold support back in July of 2023. This adds context to the possibility of a pullback in the USD and this meshes with the 1.1500 resistance test in EUR/USD. - js
DXY TRADING SETUPDXY TRADING SETUP
Confirmation are in sight!
Get ready for a potential DROP!
Stay tuned for updates and confirmation signals!
DXY: Next Move Is Down! Short!
My dear friends,
Today we will analyse DXY together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 99.185 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 99.910..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
DXY 4H TIME-FRAME ANALYSIS Okay, here's a description of the image:
The image shows a 4-hour price chart for the DXY (US Dollar Index).
Key points:
Downtrend: The index is generally in a downtrend.
Support and Resistance: A resistance zone is visible around 110.175, and a support level is around 97.921. Another resistance level is near 102.925.
Recent Price Action: The price has recently broken below the 102.925 level and is currently fluctuating around 99.581.
DXY aka usdollar 25 apr inverted head and shoulderAfter forming positive divergence, an inverted head and shoulder also formed
Not cast in stone but when price goes above the neckline, we can expect a spike up and strengthening of the USD.
Work in progress. Good luck.
Dollar False-break or break down????
1. **Entry:**
- Wait for confirmed false break below weekly deviation channel ( Short)
- Enter long after price reclaims support and shows bullish reversal (long)
- Alternative: Short on confirmed breakdown below channel with follow-through
2. **Stop Loss:**
- False break long: Below recent swing low
- Confirmed breakdown short: Above broken support level
3. **Take Profit:**
- False break long: Previous resistance or mean deviation line
- Breakdown short: Next major support level or extension of channel height
4. **Key Confirmations:**
- Candle patterns daily and weekly
- Weekly close position relative to deviation channel
- Follow-through in subsequent weekly candle
- Correlation check with major pairs (EUR/USD, GBP/USD)
5. **Management:**
- Give trade room to develop (weekly timeframe requires patience)
- Scale in to reduce risk
- Scale out at significant levels
DXY (U.S. Dollar Index) AnalysisDXY, or the U.S. Dollar Index, is an index that measures the value of the American dollar against major currencies such as the Euro (EUR), Japanese Yen (JPY), British Pound (GBP), Canadian Dollar (CAD), Swedish Krona (SEK), and Swiss Franc (CHF). An increase in the DXY indicates that the dollar has strengthened against these currencies; a decrease signifies that it has weakened. This index is susceptible to global economic outlook, interest rates, and geopolitical developments.
In the past, with Donald Trump's rise to the presidency, expectations of rising inflation in the markets had strengthened. This had caused the DXY to rise from the 100 level to 109. However, the tariffs implemented by Trump and the trade wars he initiated weakened the dollar in the long run, leading to a downward trend in the DXY.
As of today, the DXY has technically reached an important support level. At the same time, major currencies forming the index, such as GBP, EUR, and JPY, are trading at resistance points. This situation increases the likelihood of the dollar reacting from this level. If the support level is maintained, we may see an upward movement in the DXY. Conversely, if the support is broken, a deeper downward movement in the dollar index may begin.
DXYThe US Dollar Index (DXY) is showing a downward trend as institutional investors continue to prioritize selling over buying. This sentiment is reflected in the increasing number of sell orders compared to buy orders.
Key Observations:
- DXY price action indicates a bearish trend.
- Institutional investors are adding more sells than buys, contributing to the downward pressure.
Trading Implications:
- Short positions may be favored given the prevailing bearish sentiment.
- Traders should monitor key support levels for potential breakouts or reversals.
Make US(and USD) weak again, and short DXY 99,358Hey traders, this is a fundamentally and technically based idea. I´m expecting a weakening of USD due to actual US goverment policy. Important weekly lenel 100,600 was broken and holding. If you decide to trade this idea, you can enter now at current price 99,358 and hold till profit lines. TP your trade partially. You can consider averaging at 100,600 instead of cutloss after the reaction. Wish you good luck.
DXY - Near TopThe dollar index is showing weakness.
Considering the chart and Trump's policies to support domestic production, interest rate cuts, and other macroeconomic policies, it seems that we will soon be on a downward trend.
[D] DXY - 23.4.2025I like see optimism before capitulation. As crazy as it sounded by the end of 2023, I thought, the death of U.S. Dollar might come in 2026. Now, I'm afraid, it might be sooner than that as Trump continues to beat all expectations.
$DXY last gasp before the monetary reset. Sad.3-3-5 watching the expected rejection at the median line of the channel probably before pivoting and falling out the bottom. Sad times for many..
