US DOLLAR Analysis: Bullish Momentum Building?TVC:DXY is finally showing signs of stabilization. The index has successfully rejected a key support level, an area where price has historically attracted strong buying interest. This level closely aligns with the psychological $100 mark, which has once again acted as a pivotal point for market par
USD Index (DXY) Short Setup: Reversal Expected from Resistance Z1. Entry Point: ~102.430
The price is currently below this level at 101.583, suggesting a potential short setup once the entry level is reached or confirmed.
2. Stop Loss: ~103.196
This is the price level where losses are limited if the trade moves against the intended direction. It's placed ab
DOLLAR INDEX (#DXY): Classic Trend-Following PatternI spotted a nice bearish pattern on Dollar Index chart on a daily timeframe.
The price formed a bearish flag pattern.
Trading in a bearish trend, the violation of a support of the flag is a strong
trend-following signal.
We can expect a movement down to 98.95
US DOLLAR INDEX(DXY): Bullish Outlook & BreakoutThe Dollar Index formed a significant inverted head and shoulders pattern on a 4-hour chart.
Following the release of yesterday's economic data, the market surged and broke through both the neckline and a strong downward trend line.
This created an expanding demand zone with two broken structures
Dollar Weekly CLS I Continuation setup Model 2 , Target 50%Hey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS range, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely mech
DOLLAR INDEX (DXY): Bullish Reversal Confirmed?!
Dollar Index formed an inverted head and shoulders pattern on a daily.
Its neckline breakout is a strong bullish reversal signal.
The broken neckline of the pattern turns into a significant support now.
We can expect a growth from that at least to 101.25 resistance.
❤️Please, support my work w
DXY Ready to Pop – Watch That 100 Break!After breaking below the key psychological level at 100 and making a low just under 98, the Dollar Index ( TVC:DXY ) has entered a consolidation phase.
Over the past three weeks, price has developed an inverted head and shoulders pattern, with the neckline perfectly aligning with the horizontal r
Why I'm Bullish on the DXY: A Fundamental Approach!Powell continues to take a cautious tone, emphasizing a wait-and-see approach while acknowledging rising inflation risks, which suggests there's no urgency to cut rates. This leans slightly hawkish, especially compared to the market’s more dovish expectations, and could support some near-term Dollar
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 100.37
1st Support: 99.93
1st Resistance: 102.02
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Tradin
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Related indices
Frequently Asked Questions
US Dollar Index CFD (USD) reached its highest quote on Sep 28, 2022 — 114.723 USD. See more data on the US Dollar Index CFD (USD) chart.
The lowest ever quote of US Dollar Index CFD (USD) is 88.510 USD. It was reached on Mar 27, 2018. See more data on the US Dollar Index CFD (USD) chart.
US Dollar Index CFD (USD) is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US Dollar Index CFD (USD) futures or funds or invest in its components.