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DOLLARINDEX trade ideas

USD Rallies into a Major Week - Fed, PCE, NFP on the WayReversals of long-term moves can be tough to work with, especially for shorter-term traders. While fundamentals are important for shaping future price moves and technicals are key for explaining past moves, while also allowing for strategy and risk management, it's sentiment and positioning that probably matter more. Because if any and everyone in the world that wants to be long already is, well it doesn't matter how positive the news is if there's simply nobody left to buy. And if there's no influx of fresh demand, and only incoming supply, well, then price can drop, even on good news. And at that point, a heavy one-sided market will take notice of falling prices even in the face of good news, when price should be going up, and they'll be disconcerted to hold long positions, which can lead to even more supply, more selling, and in-turn, lower prices. As the old saying goes, if a market doesn't rally on good news, well then look out below. This shows in various ways on varying time frames in numerous markets but from a longer-term perspective, that shifting trend is akin to turning a cruise ship in the middle of the ocean - it's not going to happen suddenly. It takes time, it takes shifting, and it takes the slow grind of late-to-the-trend bulls turning into ahead-of-the-curve sellers. This is what allows for the build of wedges, just as I had looked at earlier in the month in both USD and EUR/USD. Bulls suddenly get shy as prices approaches highs, although they remain aggressive on pullbacks and tests of support. This leads to a weaker trendline atop the move and, eventually, unless buyers get motivated to punch up to higher-highs with a new breakout, that motive for profit taking can soon take over. In the USD, the sell-off in the first half of this year was a grinding matter, and the polar opposite of the trend that had held in DXY as we came into 2025. But, now the question is whether resilient US data leads to profit taking from bears and as we saw again last week, sellers have been showing lacking motivation at tests of lows or around support. The big question for this week is whether we see that shift take-hold on a larger basis. We've seen sellers getting shy around lows, but are buyers ready to punch up to fresh highs in the USD? There's certainly ample potential for motivation as given the economic calendar with FOMC, Core PCE and NFP in the final three days of this week. - js
TVC:DXY
by FOREXcom
DXY at Its Most Critical Level of 2025 — Will the 100 Bank LevelThe Dollar Index (DXY), just like several other majors, is approaching a very important level. We’re now near the 100 mark, which is not only a psychological level — but also a key institutional (bank) level. There’s also a gap zone left behind that price is about to fill. I believe the index will stay in a range over the next 1–2 days as it waits for critical data later this week — especially Wednesday’s announcements and Friday’s NFP report, which could set the tone for what’s next. Based on current market sentiment, Trump’s remarks, Powell’s upcoming speech, and broader macro factors, I believe DXY has the potential to break above 100 and move toward 102–104, if that level is broken cleanly. Let’s also not forget — price bounced from a monthly demand block near 96, and we’re seeing weak support across majors like EUR and Gold. That adds confluence for potential dollar strength. 📌 What do you think — is dollar strength just around the corner? 🔁 This analysis will be updated whenever necessary. Disclaimer: This is not financial advice. Just my personal opinion.
TVC:DXY
by Mehrasfx
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
Will DXY Get Supported With Fresh US-EU Trade Agreement?Macro approach: - The US dollar index has traded mixed since last week, pressured by lingering trade uncertainty and cautious market sentiment ahead of major economic events.  - Dovish Fed expectations and subdued US inflation continued to weigh on the greenback, while news of a fresh US-EU trade agreement and upcoming talks with China contributed to two-way price action. - Economic data reflected a resilient labor market but flagged moderating US growth, with investors closely watching forthcoming GDP figures and the Fed's policy stance. - The US dollar index may remain range-bound as markets await catalysts, including the Fed meeting, the 2Q GDP release, and key labor market data. Technical approach: - DXY surged and closed above the descending trendline and the resistance at around 98600, indicating an early signal of a shift in the market trend. - If DXY maintains above 98600, it may retest the following resistance at 99400, confluence with EMA78. - On the contrary, closing below the descending trendline and EMA21 may prompt a retest of the swing low at 96.60. Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
TVC:DXYLong
by DatTong
IS A HIGHER LOW SECURED ON THE DXY? LET'S FIND OUTIn this weekend analysis, I am still paying attention to the higher time frame downtrend on the dollar index while acknowledging the higher low support on the daily chart forming an inverse Head and Shoulders pattern. On the 4H and lower timeframes we have a strong ceiling made up of the 200SMA and 50SMA resistance level and need to break through from the 20SMA Line in the sand support. This weeks trade plan and thesis is for price to hold above the 20 SMA on the 4H timeframe expecting a potential dip to the zone of 97.128 (liquidity zone) and then bounce up to a weekly target of 97.7. This Thesis is INVALIDATED if a candle opens and closes below 97.015. I wish everyone a great trading week. Thank for supporting my publications and trade ideas. Cheers!!!
CAPITALCOM:DXYLong
by RICHINVESTOR
the retail trader outlookWe see that the wedge pattern has been completed and the bullish market is strong as the candles a huge, this is a high risk low reward trade as it clear and obvious to the vest public that the markets wants to rally. the role of the dollar price plays a vital role in this not happening as we see that the dollar has formed the yearly low as is starting to move up in an increasingly high speed suggesting that Gold is more likely to be affected by the sudden Rally in the dollar currency and the opposite is true given a drop in dollar.
TVC:DXY
by PriceAction_by_CeePointFx
DOLLAR INDEX The federal funds rate is the interest rate at which U.S. banks and credit unions lend their excess reserve balances to other banks overnight, usually on an uncollateralized basis. This rate is set as a target range by the Federal Open Market Committee (FOMC), which is the policymaking arm of the Federal Reserve. The current target range as of July 2025 is approximately 4.25% to 4.5%. The federal funds rate is a key benchmark that influences broader interest rates across the economy, including loans, credit cards, and mortgages. When the Fed changes this rate, it indirectly affects borrowing costs for consumers and businesses. For example, increasing the rate makes borrowing more expensive and tends to slow down economic activity to control inflation, while lowering the rate stimulates growth by making credit cheaper. The Fed adjusts this rate based on economic conditions aiming to maintain stable prices and maximum employment. It is a vital tool of U.S. monetary policy, impacting economic growth, inflation, and financial markets. In summary: It is the overnight lending rate between banks for reserve balances. It is set as a target range by the Federal Reserve's FOMC. It influences many other interest rates in the economy. Current range (July 2025) is about 4.25% to 4.5%. 1. ADP Non-Farm Employment Change (Forecast: +82K, Previous: -33K) Above Forecast: If ADP employment is much stronger than expected, the Fed would see this as a sign of ongoing labor market resilience. Robust job growth would support consumer spending, potentially keep wage pressures elevated, and could make the Fed less likely to ease policy soon. This reinforces the case for holding rates steady or staying data-dependent on further cuts. Below Forecast or Negative: If ADP jobs gain falls short or is negative again, the Fed may interpret it as a weakening labor market, raising recession risk and reducing inflationary wage pressures. This outcome could increase the chances of a future rate cut or prompt a more dovish tone, provided it aligns with other softening indicators. 2. Advance GDP q/q (Forecast: +2.4%, Previous: -0.5%) Above Forecast: A GDP print above 2.4% signals surprisingly strong economic growth and likely sustains the Fed’s view that the U.S. economy is avoiding recession. The Fed may delay rate cuts or take a more cautious approach, as stronger growth can support higher inflation or at least reduce the urgency for support. Below Forecast or Negative: Weak GDP—especially if close to zero or negative—would signal that the economy remains at risk of stagnation or recession. The Fed may then pivot to a more dovish stance, become more willing to cut rates, or accelerate discussions on easing to avoid a downturn. 3. Advance GDP Price Index q/q (Forecast: 2.3%, Previous: 3.8%) Above Forecast: A significantly higher-than-expected GDP Price Index (an inflation measure) points to persistent or resurgent inflationary pressures in the economy. The Fed might see this as a reason to delay cuts or maintain restrictive rates for longer. Below Forecast: If the Price Index prints well below 2.3%, it suggests that inflation is cooling faster than anticipated. This outcome could allow the Fed to move toward easing policy if other conditions warrant, as price stability is more clearly in hand. Bottom Line Table: Data Surprises and Likely Fed Reaction Data Surprise Fed Outlook/Action All above forecast Hawkish bias, rate cuts delayed or on hold All below forecast Dovish bias, higher chances of rate cut Mixed Data-dependent, further confirmation needed Summary: The Fed’s interpretation hinges on how these figures compare to forecasts and to each other. Stronger growth, jobs, and inflation = less rush to cut; weaker numbers = lower rates sooner. If growth or jobs are especially weak or inflation falls sharply, expect more dovish Fed commentary and a greater likelihood of future easing. Conversely, if the data all surprise to the upside, hawkish (rate-hold) messaging is likely to persist. The U.S. Dollar Index (DXY) is a financial benchmark that measures the value of the United States dollar relative to a basket of six major foreign currencies. It provides a weighted average reflecting the dollar's strength or weakness against these currencies. The DXY is widely used by traders, investors, and economists to gauge the overall performance and health of the U.S. dollar on the global stage. Key Features of the DXY: Currencies included and their weights: Euro (EUR) – 57.6% Japanese Yen (JPY) – 13.6% British Pound (GBP) – 11.9% Canadian Dollar (CAD) – 9.1% Swedish Krona (SEK) – 4.2% Swiss Franc (CHF) – 3.6% It was established in 1973 after the collapse of the Bretton Woods system to serve as a dynamic measure of the dollar's value. The index reflects changes in the exchange rates of theses versus the U.S. dollar, with a higher DXY indicating a stronger dollar. The DXY influences global trade dynamics, commodity prices (like oil and gold)
ICEUS:DXYLong
by Shavyfxhub
DXY with interest rates With interest rates remaining steady, the U.S. Dollar is currently moving in a bullish direction. As shown in the chart, it seems likely that price will break the previous high and form a bullish Quasimodo (QM) pattern. The price may then reach the 50% Fibonacci level. After that, we should wait and observe the market's reaction. If price gets rejected from the 103 zone — especially if accompanied by a rate cut or bearish price action — we could see a sharp decline toward the 95 area. This 95 zone also aligns with a key weekly Fibonacci support level on the Dollar Index. As long as the Federal Reserve maintains its hawkish stance, the U.S. Dollar may continue its upward momentum. However, the 103–104 zone — which aligns with the 50% Fibonacci retracement and a significant supply area — could serve as a strong resistance. If price gets rejected from this area and we simultaneously see signs of a rate cut or weakening U.S. economic data, a trend reversal and corrective phase could begin. In that case, lower targets around 95 or even 93 could become likely in the medium term. good luck
TVC:DXY
by mehdi_kb
USDX at a crucial price point, which will decide trendThe next few candles for USDX price will be extremely important to understand where the dollar index is headed. Based on that, we'll be able to choose 'which' Forex pairs we can trade, and more importantly 'how' we can trade them. If price starts to follow the green line, and takes out 99.000, we'll be in an uptrend. If price goes back to the red line and eventually goes below 96.400, we'll be in a downtrend. Hopefully price won't consolidate too much, and trend in a particular direction.
PEPPERSTONE:USDX
by Nikladon
10
DXY | Timeframe: 1MWith the breakout of the downtrend line drawn since 1985 and its breach in late 2014, the DXY index officially entered a relatively stable upward trend and is currently oscillating within a parallel channel. Although, on the monthly timeframe, it has recently touched the lower boundary of the channel, we can expect at least a rise toward the channel’s midline. However, if the lower support of the channel is broken, a static support around the approximate rate of 88 can be considered a notable support level. Should this support also fail, the long-term downtrend dating back to 1985 would be regarded as the most important support for the DXY index. Meanwhile, moving averages such as the MA50, MA100, and other longer-period moving averages serve as dynamic supports along the way. It is also worth mentioning that currently reaching the 120 level is considered an ideal target for the DXY index, and ultimately, it is by breaking this resistance zone that the index can reach its “Utopia”. --------- I will try to continuously update this analysis of the TOTAL symbol according to market changes and developments. Also, I welcome reading your critiques and comments, so don’t forget to leave a comment!
INDEX:DXYLong
by Neomway
USD Dollar Index (DXY): Pushing Higher As Forecast!Welcome back to the Weekly Forex Forecast for the week of July 30 - Aug1 In this video, we will analyze the following FX market: USD Index In my last USD video, the forecast was for higher prices. Check the related links below to see that video forecast. It played out exactly as analyzed. The +FVG was used to push for higher prices. The FOMC decision to keep the rate unchanged only pushed it further along. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
TVC:DXYLong
by RT_Money
DOLLAR INDEX The federal funds rate is the interest rate at which U.S. banks and credit unions lend their excess reserve balances to other banks overnight, usually on an uncollateralized basis. This rate is set as a target range by the Federal Open Market Committee (FOMC), which is the policymaking arm of the Federal Reserve. The current target range as of July 2025 is approximately 4.25% to 4.5%. The federal funds rate is a key benchmark that influences broader interest rates across the economy, including loans, credit cards, and mortgages. When the Fed changes this rate, it indirectly affects borrowing costs for consumers and businesses. For example, increasing the rate makes borrowing more expensive and tends to slow down economic activity to control inflation, while lowering the rate stimulates growth by making credit cheaper. The Fed adjusts this rate based on economic conditions aiming to maintain stable prices and maximum employment. It is a vital tool of U.S. monetary policy, impacting economic growth, inflation, and financial markets. In summary: It is the overnight lending rate between banks for reserve balances. It is set as a target range by the Federal Reserve's FOMC. It influences many other interest rates in the economy. Current range (July 2025) is about 4.25% to 4.5%. 1. ADP Non-Farm Employment Change (Forecast: +82K, Previous: -33K) Above Forecast: If ADP employment is much stronger than expected, the Fed would see this as a sign of ongoing labor market resilience. Robust job growth would support consumer spending, potentially keep wage pressures elevated, and could make the Fed less likely to ease policy soon. This reinforces the case for holding rates steady or staying data-dependent on further cuts. Below Forecast or Negative: If ADP jobs gain falls short or is negative again, the Fed may interpret it as a weakening labor market, raising recession risk and reducing inflationary wage pressures. This outcome could increase the chances of a future rate cut or prompt a more dovish tone, provided it aligns with other softening indicators. 2. Advance GDP q/q (Forecast: +2.4%, Previous: -0.5%) Above Forecast: A GDP print above 2.4% signals surprisingly strong economic growth and likely sustains the Fed’s view that the U.S. economy is avoiding recession. The Fed may delay rate cuts or take a more cautious approach, as stronger growth can support higher inflation or at least reduce the urgency for support. Below Forecast or Negative: Weak GDP—especially if close to zero or negative—would signal that the economy remains at risk of stagnation or recession. The Fed may then pivot to a more dovish stance, become more willing to cut rates, or accelerate discussions on easing to avoid a downturn. 3. Advance GDP Price Index q/q (Forecast: 2.3%, Previous: 3.8%) Above Forecast: A significantly higher-than-expected GDP Price Index (an inflation measure) points to persistent or resurgent inflationary pressures in the economy. The Fed might see this as a reason to delay cuts or maintain restrictive rates for longer. Below Forecast: If the Price Index prints well below 2.3%, it suggests that inflation is cooling faster than anticipated. This outcome could allow the Fed to move toward easing policy if other conditions warrant, as price stability is more clearly in hand. Bottom Line Table: Data Surprises and Likely Fed Reaction Data Surprise Fed Outlook/Action All above forecast Hawkish bias, rate cuts delayed or on hold All below forecast Dovish bias, higher chances of rate cut Mixed Data-dependent, further confirmation needed Summary: The Fed’s interpretation hinges on how these figures compare to forecasts and to each other. Stronger growth, jobs, and inflation = less rush to cut; weaker numbers = lower rates sooner. If growth or jobs are especially weak or inflation falls sharply, expect more dovish Fed commentary and a greater likelihood of future easing. Conversely, if the data all surprise to the upside, hawkish (rate-hold) messaging is likely to persist. The U.S. Dollar Index (DXY) is a financial benchmark that measures the value of the United States dollar relative to a basket of six major foreign currencies. It provides a weighted average reflecting the dollar's strength or weakness against these currencies. The DXY is widely used by traders, investors, and economists to gauge the overall performance and health of the U.S. dollar on the global stage. Key Features of the DXY: Currencies included and their weights: Euro (EUR) – 57.6% Japanese Yen (JPY) – 13.6% British Pound (GBP) – 11.9% Canadian Dollar (CAD) – 9.1% Swedish Krona (SEK) – 4.2% Swiss Franc (CHF) – 3.6% It was established in 1973 after the collapse of the Bretton Woods system to serve as a dynamic measure of the dollar's value. The index reflects changes in the exchange rates of these currencies versus the U.S. dollar, with a higher DXY indicating a stronger dollar. The DXY influences global trade dynamics, commodity prices (like oil and gold), and financial markets. It is calculated as a geometric mean of the exchange rates weighted by each currency's significance in U.S. trade. #DXY In essence, the DXY is a crucial tool to assess how the U.S. dollar is performing against its major trade partners’ currencies, helping market participants make informed decisions in foreign exchange and broader financial markets.
TVC:DXYLong
by Shavyfxhub