DXYDXY Index
Completed " 12345 " Impulsive Waves
Break of Structure
Falling Wedge as an Corrective Patten in Short Time Frame and Long Time Frame
Order Block
Change of Characteristics
DOLLARINDEX trade ideas
USD Bulls on the RopesThe US dollar (USD) – per the US Dollar Index – is on track to end February on the ropes following January’s monthly indecision candle at the resistance of 109.33. I believe USD bears have space to drive towards a ‘local’ descending support around 105.40ish, extended from the high of 107.35.
Similarly, the daily timeframe demonstrates scope for sellers to strengthen their grip. Last week witnessed the Index reject resistance at 107.05, drawing focus towards an ‘alternate’ AB=CD from 105.77 (the 1.272% Fibonacci projection ratio). For those unfamiliar with Harmonic trading, an alternate AB=CD is simply an extended equal AB=CD formation using either 1.272% or 1.618% Fibonacci projection ratios. Interestingly, not only does the alternate AB=CD pattern share chart space with daily support at 105.62, but these daily levels are located just north of the monthly timeframe’s descending support line underlined above. Consequently, although there is room for bears to take control in the short to medium term, the combination of the monthly and daily support levels could entice profit-taking and encourage fresh long positions into the market, should we reach said area.
Given monthly and daily charts echoing a bearish vibe, I will primarily focus on short-term resistance levels this week. One standout area of H1 resistance is between 107.24 and 107.14, made up of two trendline resistance lines (drawn from 109.88 and 106.57), a horizontal resistance level and two Fibonacci retracement ratios (78.6% and 38.2%). What is also interesting from a technical perspective is that the above-noted H1 resistance zone converges closely with daily resistance mentioned above at 107.05, therefore should the H1 resistance area be tested, the fact daily resistance is also present could add weight to a bearish showing. Should we fail to reach as high as the H1 zone, my next base case scenario is to watch local H1 supports to cede ground to trigger possible selling opportunities: the 106.43 low, for example.
DXY up first before the fallThis is one scenario for DXY, USD Index
We are waiting for DXY to go up first before the next drop
In all the cases, sell setup is what we will wait for mid term, Short term you can look for buy setups.
DXY WEEK LONGAfter taking the Swing Low, we expect an upward reaction of the DXY with a possibility of reaching 50% of the weekly range and then taking the weekly low as the weekly target.
DOLLAR INDEX (DXY) – NEXT WEEK’S TRADE PERSPECTIVEDOLLAR INDEX (DXY) – NEXT WEEK’S TRADE PERSPECTIVE
Heading into next week, keep an eye on the upper zone around 108 and the 106 area. The DXY could make a short-term bounce toward 108, then continue its primary downtrend, aiming for 106.
Looking further down, starting around March, DXY is likely to trade below the 103 handle, indicating extended downside pressure.
Dollar index expecting to be short for next weekas we can see in ichi indicator we have broke the green cloud in daily chart
and as ICT trader , expecting to go for FVG and go for next Sell Side Liquidity
U.S. Dollar Index (DXY) Technical Analysis1. Long-Term Uptrend & Ascending Channel
The DXY has been respecting a well-established ascending channel for over two decades, with price action bouncing between the upper and lower trendlines. This suggests a macro bullish structure, despite periodic corrections.
2. Wave Structure for Clarity
The green waves highlight significant price swings within the trend.
These waves illustrate market cycles of expansion and correction, showing how DXY has moved through phases of strength and retracement.
The current movement suggests a similar pattern is playing out, with a likely correction before the next potential leg higher.
3. Key Price Levels
Resistance at ~113.07: A major historical level where the index has faced selling pressure.
Support Zone (~100-102): The blue area represents a critical support region that has acted as a demand zone in previous corrections.
Lower Trendline (~98): If selling pressure continues, the lower boundary of the channel (~98) could act as the final line of support before a potential reversal.
4. Potential Market Scenario
The price has recently rejected the upper region and is heading toward support.
If the 102-100 range holds, a bounce toward the upper trendline (~113) is likely.
If broken, the next target would be the lower channel support (~98) before a possible long-term recovery.
US DOLLAR INDEX(DXY): Intraday Bearish ConfirmationThe Dollar Index is likely to continue its downward trend following a significant bearish rally.
This is supported by the breakout of a support line of a bearish flag pattern after testing a critical resistance level.
It is anticipated that the price will soon reach a level around 106.63.
My model say DXY will retrace smallI just saw a possibility of a small retracement in DXY. You can take it as a trade advise or wait for an opportunity to sell higher.
I'm still overall bearish, till around year end, it's just that I saw a possibility of a retracement. I will update you guys when I'm sure it will sell again.
I will like for this move to play out today or next and set the tone for the next leg down.
This is counter trend, trade wisely
USDX-BUY strategy 90MIN chartIt is a bit oversold, and requires some corrective actions. I feel we may see a return to 107.17 area before weakness sets in.
Strategy BUY @ 106.45-106.55 and take profit @ 107.08.
Bearish Dollar = Bullish for cryptoThe image speaks for itself.
It's historically proven.
Matter of time for crypto.
US dollar to 112-113 on a completed gartley. Looks like the dollar is set to head back higher for a run at 112-113. Let’s see if we can catch a bid here.
DXY's Plan for the week For the week:
No news monday, anticipating an accumulation phase below the daily gap formed on last Friday.
Tuesday 10:00 am brings the first possible liquidity into the market. I'm waiting for an upside manipulation into the daily fair value gap.
Wednesday may hang around for a little (no news), but the distribution phase can start after price displaced out of the daily gap.
Overall i'm targeting the monthly gap.
Ok be safe byyyyyyyy
DXY May Continue to Rise from the Support Zone.When the DXY daily chart is examined; It is observed that the price movements continue above the support zone. It is evaluated that the DXY price may exceed the 110.46 level and target the 118.87 level in price movements above the 106.70 level as long as the 104.65 level is not broken down.
DXY - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on the Dollar Index (DXY) with you.
Based on the chart, if DXY breaks below 106.879 in the 15-minute timeframe, I expect it to drop further toward 106.517.
However, if this level holds and does not break, I anticipate DXY to push back up toward the range high, as we are currently at the range low in the monthly timeframe. Additionally, a price imbalance has formed, which I’ve highlighted in the chart. If 106.879 remains intact, I expect DXY to climb toward the range high around 110.160.
📉 Expectation:
Bearish Scenario: A break below 106.879 could lead to a drop toward 106.517.
Bullish Scenario: If 106.879 holds, DXY may rise toward 110.160 (range high).
💡 Key Levels to Watch:
Resistance: 110.160
Support: 106.879, 106.517
💬 What’s your outlook on DXY? Let me know in the comments!
Trade safe
DXY Is Bearish! Short!
Please, check our technical outlook for DXY.
Time Frame: 7h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 106.448.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 105.539 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
DXY Long into Zero Issuance WindowThe DXY was hammered when bad economic data came in last week. It also took a hit when a 30-year bond auction rallied the long bond, and caused yields to drop.
This move of dropping also occurred as the Treasury issued bills almost every day of the month, but now there's a window where no bonds will be auctioned until Tuesday.
The chart structure shows a falling wedge consolidation which bounced from the bottom, and this is a key level which resulted in a pivot going back to November 2023.
If DXY can solidify a support where there used to be resistance, this could add confidence to a further swing upward.
DXY or USD INDEX (Bearish)Nicely rejected twice from the top, broke the trendline & support, making it ready for continuation towards the downside, showing us more money being printed and coming to the market, all the time it was going up, but hopefully this is the best probability right now.
Dollar index Based on our analysis, there is a high probability that Dollar may enter a bullish trend in the near future.
DXY on high time frame
"Hello traders, focusing on DXY on high time frames, as per my previous analysis, the price has shifted towards a bearish direction. The price has reached the 110 zone, and candle formations are indicating a downtrend. I anticipate further pullback towards the 108 zone and potentially lower prices thereafter."
If you have any specific questions or need further assistance with your message, feel free to let me know!
Dollar idex is ready to drop next week are you ready ?This week, the market was slow with little movement. However, starting next week, keep an eye on the dollar. The order flow is showing a strong sell, and the daily chart reveals an FVG that indicates a sell from this level. Additionally, the current low aligns with the monthly FVG level. Trading next week should be exciting!
DXY at the Crossroads: How the 108–110 could reshape the market
Key Highlights
The U.S. Dollar Index TVC:DXY is currently near an important resistance level of 108–110.
A potential reversal of the dollar at this level could lead to further growth in stock markets and strengthen cryptocurrencies, while a break above 110+ would continue to put pressure on risk assets.
If CAPITALCOM:DXY surpasses 110 and holds above it, there is a possibility of reaching as high as the 120 mark. A rejection from the 108–110 zone would indicate a downward trend developing, possibly pushing the index toward the 98 area or lower.
Future outcomes will depend on Federal Reserve monetary policy, global demand for the dollar and other safe-haven assets, as well as overall economic stability.
What about crypto?
There are serious risks for CRYPTOCAP:TOTAL2 CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS
A long-term perspective on ICEUS:DXY suggests that “alt seasons” tend to occur during periods of dollar weakness. Currently, the 108–110 zone and the MA50-W are pivotal. A potential DXY reversal here may act as a catalyst for another major altcoin rally in the coming months, while continued dollar strength could postpone any such “alt season.”
Shaka
