DOLLARINDEX trade ideas
US Dollar Index (DXY) – Testing Long-Term Channel SupportBy MJTrading:
Chart Overview:
The US Dollar Index has now approached a major technical confluence zone that could define the next directional move. Price is pressing into the Danger Zone near the lower boundary of a multi-year descending channel, with an Ultimate Oversell Target sitting just below.
🔹 Key Technical Highlights:
Long-Term Down Channel (Daily & Weekly):
The DXY has respected this structure for several years.
Price is currently challenging the lower boundary, a zone where reactions often occur.
Danger Zone (~95–96):
A historically reactive area.
Prior demand and channel floor converge here.
Ultimate Oversell Target (~89–90):
Marked as a deeper potential exhaustion area if the channel fails.
Moving Averages:
15 EMA ~97.8
60 EMA ~99.3
Price remains below both EMAs, confirming persistent bearish momentum.
🔹 Potential Scenarios:
Scenario A (Green Path):
A bounce off current support could trigger a relief rally back toward 98–100, targeting the mid-channel and EMAs.
Scenario B (Red Path):
A breakdown below ~95 could accelerate selling pressure, aiming for the Ultimate Oversell Target (~89).
🔹 How I See It:
This is a high-risk inflection zone. Any bullish setups here remain counter-trend and require confirmation via strong reversal signals. Conversely, a decisive breakdown could have significant implications for USD pairs and commodities.
💡 Notes:
This chart includes the weekly inset view for broader context.
Keep risk management tight in this volatile area.
🔹 Reminder:
This idea is for educational purposes only—not financial advice.
💬 How are you positioning around the USD? Share your thoughts and charts below!
#Hashtags:
#MJTrading #DXY #USDollarIndex #Dollar #Forex #TechnicalAnalysis #TradingView #ChartAnalysis #PriceAction #FX #USD #Majors #DollarWeakness #DollarStrength #SupportAndResistance #TrendAnalysis #MarketOutlook
DXY: 2 Cycles InterconnectedDownward tilt defines highs of '01 and '22 at phi
Topologically looks like expanded version of previous cycle. Relating them creates confluence zones.
DXY IS BULLISHA possible upward move might take place . Looking forward to go long until resistance area . I will wait and see how it goes .
Happy Trading
I dare say, DXY has bottomed, only higher from now on!This is the low on DXY. It can range from here or glide up slowly.
DXY is predictable this year because Trump is unpredictable. Causing the market to just repeat history. Check DXY on 2017
Conservative traders can wait for 4hrs close before entering.
The SL and TP are outlined on the chart.
Enjoy
US Missiles Flyin'! Buy USD vs EUR GBP AUD NZD CAD CHF JPY!This is the FOREX futures outlook for the week of Jun 22-28th.
In this video, we will analyze the following FX markets:
USD Index, EUR, GBP, AUD, NZD, CAD, CHF, and JPY.
The USD is the world's reserve currency. When there are geo-political hot spots in the world, the USD sees inflows from investors. In light of US strikes against Iranians nuke sites last night, buying the USD versus other currencies is prudent and wise.
The USD should see more gains as long as the current tensions are high. If Iran comes back to the negotiations table, then the environment switches back to a risk on scenario, where the outflows from the USD go back into riskier assets like the stock market.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
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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.
DXY Technicals Add Pressure on FED Data〽️Weekly RSI Divergence Spotted in the US Dollar Index (DXY)
A bearish divergence has emerged on the weekly RSI chart of the US Dollar Index (DXY), signaling a potential loss of upward momentum. Historically, such divergences often precede price corrections or reversals.
✅Market Implications:
USD pairs, gold, and crypto assets may see retracement as dollar strength wanes in response to technical exhaustion.
Traders should watch for signs of consolidation or reversal in assets inversely correlated with the dollar, such as gold (XAU/USD) and Bitcoin (BTC/USD).
📈Macro Outlook:
All eyes on the Federal Reserve: The divergence adds weight to market speculation that the Fed might pivot toward a rate cut at its July 15 meeting.
If confirmed, rate cuts could further pressure the dollar, accelerating moves in risk-on assets and emerging market currencies.
#XAUUSD
#DXY
#BTCUSD
#tgifx
DXY Bearish - 4HR Sell Side LiquidityDXY Bearish - 4HR Sell Side Liquidity - very likely DXY will push down this week and take out the SSL
Bull Flag on DailyDXY looking bullish on the daily timeframe with a bull flag noticed. Bullish confirmation candles should be looked out and confirmed before placing any long positions
DOLLAR INDEX the US Dollar Index (DXY) is trading around 97.704 -98.572,0.34% . The index has been under pressure due to easing geopolitical tensions ,Particularly optimism about a ceasefire between Israel and Iran and expectations of Federal Reserve rate cuts later in the year. The DXY remains below its 100-day,200 day exponential moving average (EMA), 100day, 200 day simple moving average with bearish momentum supported by interest rate hold and expected rate cut before the end of the year.
the 10 year united states bond yield is trading around 4.279%-4.324%,we have seen gold sell off at 3336-3334 on dollar rally.
Market Outlook:
The DXY is attempting to stabilize but remains in a bearish phase until it decisively breaks above 100 resistance.
the future of the dollar index is depending on Fed policy and global economic conditions.
Summary:
The DXY is currently weak around 97.88 -98.00 due to easing geopolitical risks and Fed rate cut expectations.
Bearish momentum dominates below the 100-day EMA, 200-day EMA, 100-day SMA AND 200 day SMA
A break above 100 would be needed to signal a bullish reversal, if the retest to broken supply at 100 could become demand floor .
#dxy
Make Dollar Great AgainDXY Big Picture
While looking at other DXY charts to use a clean chart for HTF, I saw that it touched historical trend support. It didn't touch only on the TVC chart, so I am adding it with the other charts and accepting that it touched the trend.
According to the fractal I added in August last year, the price is moving very well.
I expect a correction from these areas. I think we have reached the reversal areas due to both the momentum in the declines and the oversold.
The decline fatigue I mentioned is more evident in LTF charts. The price cannot reach the EQ zone of the decline channel that has been going on since February on the daily chart. Although it is a very inclined channel on the 4h chart, it can no longer reach the channel bottom. For this reason, I think this region is where reversal should be sought. After the first 0.38 of this decline, I think a pullback to 0.5 is possible.
DXY - 4H BASEUSD is creating a base just below H4 EMA9.
This is very important combination of candles. It's a setup that gives bulls hope for a bounce at least. A condition - bulls must step in NOW. Confirmation will come only when price closes above EMA 9.
Long term Long!Hello all. as you see my last Long term forecast was exact and I think it is time to go up. it is risky.(wink)
DXY ready to push upThe first trade got stopped out. Entered too early.
There is nothing stopping us now.
This means that we sell EURUSD, GBPUSD etc
Enjoy
DXY: Strong Bullish Sentiment! Long!
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 96.899 Therefore, a strong bullish reaction here could determine the next move up.We will watch for a confirmation candle, and then target the next key level of 97.077.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
Free fall on DXY?With gap open at 97.66 level before the monthly close price has broken the monthly support and started to drop. We may see the price to drop to long term monthly support at 96.622 or further below to 95.66 as with the increased bearish pressure we may see the price to continue to drop to this longer term support level.
As with upcoming USD news we may see the price to move to this level with high probability bearish trend.
DXY hello trader, the price of DXY has reached major support level, price will likely reverse after fully liquid sweep on bearish side in daily tf... price could test the 97.7 in 1hr tf, so look for proper reversal in lower tf also, however weekly handle already did liquidity sweep of previous weekly candle. overall the target is 110 for now or could breakout.. price above 200ma will be a good sign of bullish momentum..
good luck to all
DXY 4Hr And Daily Bearish ( A minor & aslight bull trend)The DXY (US Dollar Index) could potentially rise to the 100.257 level to complete a bullish structure or flag pattern. However, it's also possible that it may face rejection around its current zone and resume its bearish trend, targeting support levels between 99.00 and 98.25.
As always, our entries should be guided by what the market and its structure are showing us. For now, the broader trend for the DXY remains bearish until it potentially reaches the lower support zone around 96.00 – 94.00, or even below that range.
This extended downside expectation is driven by several fundamental factors: anticipations of interest rate cuts in the coming months, potential tax policy changes under Trump, and persistent inflation concerns within the U.S. economy.
In light of these uncertainties, the market demands extra caution at this stage.
Good luck and trade safe!
DXY Elliott Wave AnalysisThe dollar is finishing a corrective pattern. A good trade opportunity will present itself shortly. Stay tuned for updates.
DXY | daily outlookYALL LIKE THE NEW FACE LIFT??
Price tapped into a refined demand zone after breaking short-term structure, confirming bullish intent. Entry was executed on the mitigation of a prior imbalance, with confluence from BOS (Break of Structure) and trendline liquidity sweep.
Now aiming for the next H1 supply zone where price is likely to react. Bullish continuation expected as long as price holds above 98.080.
TP set just before the high to secure profits before potential distribution.
PLS BOOST & LIKE FOR MORE...
DXY Liquidity Sweep Into POI Before Bullish Expansion 🔍 Key Levels & Zones
Extreme POI: Price is approaching a major demand zone (marked as EXTREME - POI), expecting reaction from this area.
Fair Value Gap (FVG): Price recently filled a small FVG at ~97.75 before pulling back.
Target: Implied move towards 98.95 area after internal liquidity is swept.
Scenario
Price tapped into the FVG and showed reaction — but no shift yet.
Anticipating liquidity sweep of recent lows into the Extreme POI (~97.11).
If bullish reaction confirms from POI, expecting strong move to:
Reclaim FVG
Break above IMB
Reach target zone at 98.95
🧠 Confluences
50 EMA resistance aligning with FVG — short-term sell pressure.
Classic Wyckoff accumulation schematic potential in POI zone.
Liquidity below marked lows for smart money grab.
⚠️ Invalidation
If price breaks and holds below 97.00 with bearish structure, bullish scenario is invalid.
Bias: Short-term bearish, then bullish continuation.
Dollar Index Analysis: Wedge + Powell Outlook – June 25, 2025📉 Technical Outlook: Bearish Rising Wedge + Liquidity Sweep Setup
TVC:DXY The Dollar Index (DXY) is currently trading within a rising wedge pattern, typically a bearish structure. We're anticipating a fake breakdown, potential sweep of the key demand zone, followed by a reversal move targeting key highs.
🔍 Key Technical Zones
📥 Demand Zone (Buy Area):
🔵 97.50 – 97.20 = Institutional accumulation + unfilled orders
🚫 Invalidation Level (Stop-Loss) :
❌ 96.70 = Clean break below confirms full bearish continuation
🎯 Target Projections (Upside Levels) :
TP1: 99.00
TP2: 100.00
TP3: 101.04 (HTF swing high liquidity cleanout)
🧠 Summary Setup :
Downtrend
Rising wedge formation
Sweep of 97.20 possible
Watch for fakeout & reversal play toward 101.04
🏛️ Fundamental Analysis – Powell’s Testimony Insights
Fed Chair Powell highlighted the following during his recent testimony:
🔄 “We’re not there yet on inflation” — Core services remain sticky
🛑 No immediate rate cuts — Growth is slowing but not crashing
🕰 Rate cuts likely postponed to Q4 2025
🔐 “Real rates are restrictive enough” = No more hikes expected
💡 Implication for DXY :
✅ Short-term bullish bias as higher U.S. yields remain attractive if rate cuts are delayed.
🌍 Macro Context Snapshot (as of June 25, 2025)
🇺🇸 US Disinflation: CPI & PCE easing, but not collapsing
🇪🇺 ECB Cut in June: Euro may weaken further
🇯🇵 BOJ Policy Unclear: USD/JPY likely volatile
🌐 Global Risk Appetite High: Volatility may return with geopolitical events
🔥 Watch This: Trade Tariff Narrative Heating Up
🚨 New U.S. Tariff Signals on Chinese tech and EU autos are resurfacing. This could:
Push inflation risk higher
Delay Fed’s easing timeline
Add support to USD short term as markets price in geopolitical tension and uncertainty
📌 Trading Strategy Recap :
Monitor wedge support near 97.20
Look for fakeout/sweep and bullish reversal
Target 99–101 zone on rebound
Stay alert to Powell/Fed rhetoric + tariff news
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DXY Daily And 4hr chart analaysis The DXY remains in a bearish trend and is expected to continue declining toward the 99.442 level. From there, a potential reversal could occur, with a projected target around 95.75. However, while I anticipate the index may reach that level, there’s also a realistic possibility it could reverse earlier around the 96.00 area and resume a bullish trend from that point.
