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US Dollar Index

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USDX trade ideas

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.
TVC:DXYShort
by Yassine_Houd
$DXY, $BTC, $XRP, Theory The TVC:DXY is in a spiralling downtrend which will cause CRYPTOCAP:BTC to pass its current ATH eventually topping again which will correlate with the TVC:DXY finding strong support between 103.6 and 104. The TVC:DXY will probably set a local range before eventually continuing on a bullish trajectory back toward 110+ ( *this will mark the end of the first half of the bull market * from Now - May) Some event in May will cause the TVC:DXY rebound to 110+ during which time we will see a major market crash lasting from (May to July). However: From 110+ i suspect the TVC:DXY will see another major correction downward which will mark the final phase of the bullrun begining about June/July until only God knows when, but historical indicators point to around October/Nov for the top. Unless CRYPTOCAP:BTC completely crashes on one of its famous bloody corrections and go to ZERO then, it MUST go above $200,000 This cycle. Remember CRYPTOCAP:BTC floats all boats , so just imagine what price CRYPTOCAP:XRP and the broader digital currency market will be... gimmi your best guess!
CAPITALCOM:DXYShort
by howiegeneral
Daily DXY The US Dollar Index (DXY) is currently indicating the likely direction after closing below 106.965. I anticipate a move back to the 107.200-250 range before continuing its bearish swing. Several confluences support this, including the reversal point, an ascending trendline, a descending trendline, a rejection candlestick, the daily 0.382 Fibonacci level, the 4-hour 0.5 Fibonacci level, and a 4-hour order block. My target for the DXY is 106.083. As for gold, it has reached a new all-time high of 2954.944. I expect a pullback before it heads higher, potentially towards the 3000 level. 4hr DXY Chart 1hr DXY Chart 30m Gold Chart
TVC:DXYShort
by ChartStrategist
1
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
TVC:DXYLong
by PouyanTradeFX
DXY Is Very Bearish! Short! Here is our detailed technical review for DXY. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 106.963. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 106.002 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!
TVC:DXYShort
by SignalProvider
1
DXY: Bullish ABC Pattern AnalysisDXY Bullish ABC Pattern Analysis On February 14th, the DXY (US Dollar Index) completed a Bullish ABC pattern. The price is already reacting, indicating that the USD is still resilient despite the challenges posed by President Trump's tariff policies. The DXY is expected to rise to a minimum of 107.30, which corresponds to a strong resistance zone. If the price moves above this initial zone, it could push further towards the next targets of 107.80 and 108.40. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
TVC:DXYLong
by KlejdiCuni
2
DXY Bearish Setup: Shorts Triggered, Targeting 106.000The US Dollar Index (DXY) is presenting a compelling short setup. After price tested the bearish breaker block yesterday we formed a channel that i see price is going to break out of and move lower with the current resistance level it is at, the DXY is showing signs of weakness.This breakdown suggests further downside momentum is likely. We are initiating short positions targeting the 106.000 level, which represents a key prior support zone. Look for continued dollar weakness towards this target.
TVC:DXYShort
by liamsmith
1