USDX trade ideas
Bullish bounce?US Dollar Index (DXY) is reacting off the pivot and could bounce to the 1st resistance.
Pivot: 100.21
1st Support: 99.45
1st Resistance: 101.88
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SELL THE US DOLLARThis is a continuation of our previous analysis on DXY. As we had mentioned USD DOLLAR will drop all the way to 94.800 before we consider any bullish market movement. In the next session we will be monitoring DXY for selling positions (this means buying EURUSD, GBPUSD and GOLD). Keep your risk manageable and use proper risk management. Cheers to you all.
DXY Is Going Up! Buy!
Here is our detailed technical review for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 99.729.
The above observations make me that the market will inevitably achieve 100.749 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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BEARS STILL IN CHARGE ! DXY- USD INDEX FORECAST Q2 W22 Y25DXY USD INDEX FORECAST Q2 W22 Y25
BEARS CRUSHING THE USD!
Professional Risk Managers 👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
✅ U.S. dollar index is a measure of the value of the dollar against a basket of six foreign currencies.
✅The currencies are the Euro, Swiss franc, Japanese yen, Canadian dollar, British pound, and Swedish krona.
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
Pairs to look out for -
EURUSD - BUY
USDCHF - SELL
USDJPY - SELL
USDCAD - SELL
GBPUSD - BUY
- Perhaps it's time to accept that a recovery in the DXY is not occurring anytime soon...
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
USDX retesting demand ZONEcan dollar strength return around here over next little while?!
TDA
D1 W1 DEMAND ZONE of interest
price structure building upside move by confluenced levels of lTF's
can price shake the tree to downside sure and go lower deeper into w1 demand yes times frame dependent of this set up
- to play out is a few weeks for completion.
DXY 1W (Dollar Index Weekly Chart)All eyes on the Dollar’s weekly support zone — it’s looking vulnerable and may attempt a breakdown next week. 📉
If that breakdown confirms, the Dollar could head toward Support 1, and possibly Support 2 in the coming weeks.
And you know what that means...
Bullish for crypto. 🟢🔥
Stay alert — the coming weeks could get exciting!
USD Reversal From 2025 Downtrend- DXY Short-term LevelsThe US Dollar Index rallied more than 4% off confluent support with the recovery failing at the yearly downtrend this month. The decline is responding to initial support late in the week with the near-term recovery may be vulnerable as we head into the close of the month.
A look at DXY price actions shows the index rebounding off support today at 99.40/47- a region defined by the 61.8% retracement of the April rally and the May low-day close (LDC).
Initial resistance is eyed at the 38.2% retracement of the recent decline / 2024 low-close at 100.35 with key resistance around the 50% retracement at 100.65- note that the April trendline converges on this threshold over the next few days. Ultimately, a breach above the Friday close / 61.8% retracement at 100.97 is needed to suggest a more significant low was registered last month / validate a breakout of the yearly downtrend.
A break below the weekly lows would threaten resumption of the broader downtrend towards subsequent objectives seen at the 78.6% retracement at 98.79 and key support at 97.71-98.39- a region defined by the 2018 swing high, the 2025 swing low, and the 61.8% retracement of the 2018 advance. Look for a larger reaction there IF reached.
Bottom line: The U.S. Dollar has broken below a multi-week uptrend with the bulls now attempting to mark resumption of the yearly downtrend. From a trading standpoint, rallies would need to be limited to 100.65 IF the index is heading lower on this stretch with a close below 99.40 needed to fuel the next leg of the decline.
Keep in mind we get the release of key U.S. inflation data next week with core personal consumption expenditures (PCE) on tap into the close of the month. Stay nimble into the release and watch the weekly closes here for guidance.
-MB
USD Bears Take Over After 102 ResistanceTiming moves can be difficult on both long and short-term basis. But when price goes oversold on the weekly chart, it can be really difficult to chase the move lower, such as we saw in DXY back in late-April.
The currency hit a major spot of confluent support on Easter Monday and at that point RSI on the weekly was in oversold territory for only the second time in the past seven years.
As I had highlighted in this post () it was the 102 level that I wanted to see DXY trade through to illustrate bullish control following that oversold reading.
It took a few weeks, but last Monday saw an open door for bulls to make the statement move - but they fell 2 pips shy of the big figure and since then, sellers have taken more and more control of the matter.
This is where the proverbial plot thickens as there's now no oversold reading on the weekly DXY chart, and sellers have an open door to push for a major low.
On that front, we will likely need to see a breach of the 140.00 level in USD/JPY to allow for a push to a fresh low, and given the momentum in both USD and USD/JPY from the past week, that's not something that I would want to discount.
But next week is the final week of May trade and it's a big week for both markets. USD/CAD remains of attraction for USD bears given the longer-term range that remains in play there. - js
Weekly FOREX Forecast: USD, EUR, GBP, AUD, NZD, CAD, CHF, JPYThis is the FOREX Currency futures outlook for the week of May 18 - 24th.
In this video, we will analyze the following FX Majors markets:
USD Index
EUR
GBP
AUD
NZD
CAD
CHF
JPY
USD Index has been bullish for 4 weeks. Will it continue? Expect a pullback before bullish continuation.
Selling the commodity currencies (AUD, CAD, NZD) may be the best course of action this week. Buying the EUR, GBP and CHF may also be worthwhile.
Enjoy!
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DOLLARDXY (US Dollar Index) and Bond Yield Relationship – May 2025
Current Market Situation
US Treasury Yields:
The 10-year Treasury yield is at 4.54% (May 21, 2025), and the 30-year yield is testing the 5% level amid a global bond sell-off.
DXY (US Dollar Index):
The DXY and the 10-year yield are moving in sync again after a period of divergence earlier in 2025.
Relationship Dynamics
Positive Correlation:
Historically, the DXY and US bond yields (especially the 10-year yield) tend to move together. When yields rise, the dollar often strengthens, as higher yields attract foreign capital seeking better returns.
In recent weeks, this positive correlation has resumed after a brief disconnect in April, when yields surged but the dollar weakened due to shifting investor sentiment and US tariff policy.
Periods of Divergence:
In early April 2025, there was a notable divergence: yields climbed while the dollar fell, reflecting a rare episode where investors were wary of US assets despite higher returns, possibly due to concerns about US fiscal health and global trade tensions.
During that period, both US bonds and the dollar declined together, signaling a potential shift away from US assets and raising questions about the dollar’s structural appeal as a reserve currency.
Recent Realignment:
After the Federal Reserve’s recent meeting and a major tariff agreement with China, the DXY and yields began rising together again, indicating renewed confidence in US assets and a return to more typical market behavior.
Key Factors Influencing the Relationship
Fed Policy:
Expectations for future rate cuts or hikes directly influence both yields and the dollar. Higher expected rates generally support both.
Global Risk Sentiment:
In risk-off scenarios, the dollar can strengthen even if yields fall, due to safe-haven demand.
Trade and Fiscal Policy:
Tariffs and concerns about US debt sustainability can disrupt the usual correlation, as seen in early 2025.
Summary Table
Factor Impact on DXY Impact on Yields Typical Correlation
Rising US Yields Strengthens DXY Yields rise Positive
Fed Rate Hike Expectations Strengthens DXY Yields rise Positive
US Fiscal Concerns Can weaken DXY Yields may rise Can diverge
Global Risk Aversion Strengthens DXY Yields may fall Can diverge
Trade Tensions/Tariffs Mixed Mixed May disrupt correlation
Conclusion
As of May 2025, the DXY and US bond yields have resumed a positive correlation, both rising in response to Fed policy signals and improved risk sentiment following a major tariff agreement. However, earlier in the year, this relationship broke down due to concerns about US fiscal stability and shifting global investment flows. The interplay between DXY and yields remains sensitive to Fed policy, fiscal outlook, and geopolitical developments.
#DOLLAR #DXY
My Thoughts #011What I see coming is sells
Here's why
Because the pair just gave a LH in the current bearish trend of the HTF
and the pair just choch and it's only sells after a retest
It could just continue selling
But I will wait to see the market's hand before taking my first trades
This pair could buy so use proper risk management
Let's do the most
Crucial levels for DXY (USD Basket), Risk Trigger On/OffCrucial levels for DXY. If it breaks lower than the lower trendline it tells me that assets like BTC, Gold, Silver, Copper, Palladium and Platinum can shoot to new ATH´s. If the level holds then I think we could hit a correction in the risk assets among assets already mentioned.
TVC:DXY COMEX:HG1! OANDA:XCUUSD OANDA:XAUUSD FX_IDC:XAUUSD ICEUS:DXY FX_IDC:XAGUSD TVC:PLATINUM TVC:PALLADIUM