STRONG DXY Over the Next 12 - 24 months? With Donald Trumps Tariffs will we see the DXY retest all time highs $132 - $150?
DOLLARINDEX trade ideas
DXY Correction Plays Out – Is a Reversal Next? Since the end of January, I have been anticipating a correction in the TVC:DXY , with a target around the 106 support level.
This correction has unfolded as expected, with the Dollar Index touching 106 on Monday, followed by another test and reversal yesterday.
A key observation is that since the early February spike, the DXY has been trading within a falling wedge—a pattern that often signals a potential reversal.
What’s Next?
✅ Bullish confirmation would come with a daily close above the 106.60–106.70 zone. If this happens, we could see a move up to 108.50, a key resistance level.
✅ Interim resistance sits at 107.30, which could also act as a potential target for bulls.
Trading Implications:
If the Dollar Index confirms an upside breakout, it could present selling opportunities in FX:EURUSD , FX:GBPUSD , FX:AUDUSD , and TRADENATION:NZDUSD .
USDX, DXYUSDX price is approaching the support zone of 106.45-105.36. If the price fails to break through the main support zone of 105.36, it is expected that there is a chance that the price will rebound. On the contrary, if the price can break through the level of 105.36, it will have a negative impact on the dollar.
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Potential bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as an overlap resistance and could rise to the 1st resistance that lines up with the 50% Fibonacci retracement.
Pivot: 107.09
1st Support: 106.64
1st Resistance: 108.04
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DXY is ready to fall againI think this sell will be swift. I analyse DXY just to cause it relates to all others. By this I mean EURUSD AND GBPUSD will buy. My only reserve is the 107.38 region but I dont think it will reach there. I've entered now. I will enter again if it reaches there. Overall, the trend has turned bearish.
I will post other charts soon.
Follow me cause my trades are market orders, so you will be able to see them on time and enter on time
DXY Holds Above 106, Currency Markets at Risk?The US Dollar Index (DXY) remains firm above the 106-mark, applying pressure on the latest currency market rebound amid escalating tariff and trade war concerns.
With the first wave of tariffs on Canada and Mexico set to take effect in early March, Trump's renewed tariff threats against the EU are further strengthening the Dollar's stance.
This has kept the EURUSD capped below 1.0530 and GBPUSD struggling at 1.27. Friday’s key inflation reports—including the German Prelim CPI and US Core PCE—are expected to introduce additional volatility risks.
🔻 Downside Scenario:
A break below 106, aligning with June 2024 highs, could expose the next support at 1.0520, coinciding with the upper boundary of the declining channel connecting lower highs from October 2023 to June 2024.
Further declines could see DXY testing 104 and 102.20, aligning with the 50% and 61.8% Fibonacci retracement levels.
🔺 Upside Scenario:
A solid close above 107.30 could reignite bullish momentum, pushing DXY towards the 2025 high of 110, potentially derailing the currency market’s 2025 rebound.
- Razan Hilal, CMT
Is the Dollar's Rally Over? Key Levels to WatchIs the dollar trend doomed? Many say the trend is over, but the charts tell a different story. The Dollar Index remains at key support levels, with technicals pointing to a potential upside. A breakout retest around 105 could determine the next move. Will inflation, wage growth, and the Fed's stance push the dollar higher? Or will weak economic data trigger a breakdown? Watch now and decide—long or short?
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DXY Is Going Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 106.184.
Considering the today's price action, probabilities will be high to see a movement to 107.245.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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#DXY 4HDXY (4H Timeframe) Analysis
Market Structure:
The price is forming a falling wedge pattern, which is generally considered a bullish reversal pattern. This suggests that the downtrend is losing momentum, and a potential upward move could follow if the price breaks above the wedge resistance.
Forecast:
A buy opportunity may arise if the price confirms a breakout from the falling wedge pattern, signaling increased bullish pressure.
Key Levels to Watch:
- Entry Zone: A buy position can be considered after a confirmed breakout above the wedge resistance.
- Risk Management:
- Stop Loss: Placed below the recent swing low to manage risk.
- Take Profit: Target key resistance levels based on previous price action.
Market Sentiment:
The falling wedge suggests potential bullish momentum. A confirmed breakout with strong price action can provide better validation for the buy setup.
My ViewI think price is at a daily resistance and might drop since the rising channel has been violated to the downside and price has BOS twice to the down side
USD INDEX ACTIVATING AGAIN ?The name of the game for the us dollar index was breaking bottom , retest and go during the last few weeks. The short term trend is not acting as bearish as expected at the moment. The previous bottom at 106.5 also unable to form the new top and its under attack since start of the week. Finding support on 106.5 will prepare a hike in the short term targeting 107.3 first.
DXY – Break or Bounce? Key Levels to WatchTVC:DXY
The DXY has broken below the 106.96 support, establishing a new fractal at 106.14 while testing the major April 2024 fractal resistance forged at 106.51. This price action leaves the dollar in a critical decision zone, with two main scenarios in play:
1️⃣ Bullish Scenario: If the dollar holds above the newly formed support and reclaims the daily fractal resistance at 107.38, it could trigger a recovery attempt, potentially leading to a retest of previous highs and the weekly fractal resistance.
2️⃣ Bearish Scenario: A failure to hold current levels could push the DXY below the emerging triangle structure, targeting the weekly fractal support at 105.42. A break below this level increases the probability of reaching the 200% Fibonacci extension at 104.59, where a bullish Crab pattern is projected in convergence —a critical area for potential trend reversals.
🔍 Key Technical Factors:
📌 Consolidation Triangle: DXY is stuck below the double top neckline but above the most recent fractal support forged at 106.14.
📌 Fibonacci Levels : The dollar is currently trading at the 38.2% Fibonacci retracement (106.35) , with projected harmonic patterns aligning near the next 50% retracement level.
📌 Liquidity & Stop Hunts: Multiple bullish harmonic patterns emerging just below the weekly fractal support indicate possible stop-hunting activity against short positions.
💡 Key Levels to Watch:
📈 Resistance Levels:
Weekly – 110.17
Daily – 107.38
4H – 106.65
Monthly – 106.51
📉 Support Levels:
4H – 106.17
Daily – 106.14
Weekly – 105.42
Monthly – 100.15
⚠️ Final Thoughts: DXY is at a crucial inflection point. A breakout above 107.38 could fuel a bullish move, while a breakdown below 105.42 may accelerate a bearish extension towards 104.59-104.78.
Until the price confirms direction, it is advisable to remain neutral and wait for a clear signal before committing to a directional bias.
Happy Trading,
André Cardoso
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DXY BullishThis analysis is based on the Wyckoff Accumulation Schematic #2. I'm bullish on DXY. We will see the full strength of the dollar soon.
DXY Swing Long! Buy!
Hello,Traders!
DXY is approaching a
Horizontal support level
Of 105.500 so after the
Retest we will be expecting
A local bullish correction
Buy!
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Check out other forecasts below too!
DXY Bearish to 85-90The U.S. Dollar Index (DXY). Here are some key insights from the chart:
A zigzag corrective pattern is identified.
Resistance levels at 113 and an inverse bearish level at 115 are highlighted.
The Exponential Moving Average (EMA 9) and Simple Moving Average (SMA 50) are displayed.
Elliott Wave analysis appears to be used, indicating a possible downward correction.
A bearish scenario targeting around 90 in the long term is projected.
The U.S. Dollar Index (DXY). Here are some key insights from the chart:
A weakening dollar will boost growth in the export sector. I believe this will occur during President Trump's term.
possibility of uptrendConsidering the behavior of the index in the resistance range and the resistance trend line, possible scenarios have been identified. It is expected that we will see the start of an upward trend.
26.02.25 Morning ForecastPairs on Watch -
FX:AUDNZD
FX:EURNZD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Dollar strength into Trump inauguration A weaker dollar is good for Bitcoin. Let's see if the dollar gets weaker after inauguration.
My belief is that it will weaken and risk assets/S&P will continue to trend upward.
DXY SankAs analysed in the previous post. Dxy sank to the bottom of the range. The final target is the sell side liquidity resting below, so I expect bearishness until that area is breached
DXY: Buy ideaBuy idea on DXY as you can see on the chart if only if we have the breakout with force the vwap and the resistance line.
2025 – The Year of the Normalized Dollar📉💵 2025 – The Year of the Normalized Dollar! 🔥
The U.S. Dollar Index (DXY) is showing clear signs of weakness after breaching key support levels. With interest rate cuts on the horizon and a shift in economic policy, we may be entering a new phase for the dollar’s normalization.
🔍 Key Levels to Watch
🔹 Resistance: 107.5 (Immediate resistance)
🔹 Key Mid Support: 100.95 (Next major level)
🔹 Final Target: 94.8 (Major support & potential bottom)
📰 Fundamental Factors Driving the Move
💡 Trump’s Dollar Policy: Historically, Trump has favored a weaker dollar to boost exports. His recent remarks during the Executive Order signing on January 23, 2025, reinforce this stance, as he pushes for interest rate cuts and lower energy costs.
Remarks by President Trump at Executive Order Signing (January 23, 2025):
Q: Mr. President, you said earlier that you would like to see interest rates come down.
THE PRESIDENT: Yeah.
Q: How much would you like to see them come down?
THE PRESIDENT: A lot.
Q: And will you talk with Powell?
THE PRESIDENT: I’d like to see them come down a lot, and oil prices will come down. And when oil prices come down, everything is going to be cheaper for the American people — and actually for the world — but for the American people. So, I’d like to see oil prices come down.
Q: Are you worried that there’s too much going on at once if you’re trying to bring interest rates down and get the economy back going?
THE PRESIDENT: No, no. It just works that way. I mean, it just economically works that way. When the oil comes down, it’ll bring down prices, then you won’t have inflation, and then the interest rates will come down.
Q: You said that you would demand that the interest rates come down. Do you expect the Fed to listen to you?
THE PRESIDENT: Yeah.
📉 What’s Next for the Dollar?
🔸 If 100.95 breaks, we could see further downside, testing the 94.8 region.
🔸 A retest of resistance at 107.5 would be a key test before further declines.
🔸 The global macro environment (oil prices, inflation, and geopolitical shifts) will heavily influence the dollar’s trajectory.
🌍 Economic & Geopolitical Impact
Beyond monetary policy, Trump’s trade and labor policies are also playing a role in shaping the inflation outlook. His push for tariffs and tighter immigration policies has led to higher labor costs, causing short-term inflation. However, on the global stage, Trump's potential deal with Putin to resolve the Ukraine conflict could help ease inflation worldwide by stabilizing supply chains and reducing geopolitical risks.
With Trump pushing for rate cuts, the Fed under pressure, and DXY losing momentum, could we see a full-scale dollar correction in 2025? Let’s discuss! ⏬
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One Love,
The FXPROFESSOR 💙
Dollar Topped, Crypto BottomedEach cycle we've seen the same pattern in USD: Relentless rise, pops out of the range, traps bulls and slams them below the range over the subsequent ~1 yr. Each top in USD has coincided with a bottom in altcoins and kicked off altseason.
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