USDX trade ideas
Reversal pattern on DXYPrice entered into the 12 months Fair value gap the second time and took out the old low there. This is called stop hunt, which is particularly significant because it happened inside a Higher timeframe Fair value gap. After this stop hunt came an invalidation of a Fair value gap (BISI). This price signinature cause the reversal of price ultimately... it is noteworthy that price had spent more than a month in the 12 Month Fair value gap. It is worth trading
"Inflation Drops, Jobless Claims Jump — What’s Next for DXY, Gol🚨 Markets are shifting fast. CPI and PPI both came in lower than expected, while jobless claims hit an 8-month high. This triple data combo could mark a turning point for the US economy and the Fed’s next move.
In this video, I break down:
🔹 What soft inflation and rising unemployment mean for monetary policy
🔹 How DXY is reacting to weakening USD sentiment
🔹 Key levels for XAUUSD as rate cut bets rise
🔹 Where BTCUSD may head next with risk-on momentum building
📊 Technical + Fundamental insights — all in one session.
👉 Drop your thoughts in the comments and follow for more real-time market breakdowns!
#DXY #XAUUSD #BTCUSD #Inflation #FedWatch #TradingViewAnalysis #MacroUpdate #Forex #Crypto #Gold
U.S. Dollar Index (DXY) Bearish Setup – Supply Zone Rejection & 🔹 Trend Overview
📊 Overall Trend: Bearish (Downtrend)
📉 Price is forming lower highs and lower lows within a descending channel.
🔻 Recently bounced off a support zone, now heading toward a potential pullback.
🔵 Supply Zone (Resistance Area)
📍 Zone Range: 100.049 – 100.601
🧱 Acts as a resistance block where sellers might step in.
📏 Confluent with EMA 70 at 100.178, strengthening its validity.
🔸 Trade Setup – Short Position
🟠 ENTRY POINT: 100.088
❌ STOP LOSS: 100.587 – 100.595 (Just above supply zone)
🎯 TARGET: 98.000 (With intermediate support levels)
📌 Support Levels
🔹 98.112 – First minor support
🔹 98.106 – Close-range confirmation
🔹 97.885 – Additional support zone
🟦 Main Target: 98.000
⚖️ Risk/Reward Ratio
🟧 Small risk above supply zone
🟩 Large reward to downside = Favorable R:R
📌 Summary
📈 Expecting a pullback into supply zone.
🧨 Look for bearish confirmation around 100.088.
🎯 Target the downside at 98.000 for profit.
Dollar Falling Ends Soon? Look What Pattern Is Forming!”Asset: U.S. Dollar Index (DXY)
Timeframe: 1D (Daily Chart)
Methodology: Elliott Wave + FVG (Fair Value Gap) + Price Action
DXY has completed an impulsive 5-wave bearish structure, now entering a high-probability reversal zone marked by strong buyer interest around the Wave 5 bottom.
📌 Key Insights:
Wave 5 approaching demand zone (Buyers' area)
Price inside Fair Value Gap (FVG) – potential order block
Bullish reversal expected from here
Forecast: A breakout into an ascending channel, confirming reversal
💡 If Wave 5 holds, we may see a sharp upside rally aligning with smart money accumulation + Elliott Wave psychology.
🔔 Watch for bullish confirmations near 97.50–98.00 for a potential long setup targeting the 104–107 zone.
DXY 4hr chart Analaysis It is possible that the DXY may retrace back to the 101.208 level, which previously marked the beginning of a bearish move. Alternatively, it could also resume a bearish trend from its current level or around the 99.80 zone. The market at this point requires heightened caution.
A potential bearish entry could be considered if DXY breaks below the 98.66 – 98.30 support area. A clear break of this level would confirm a fully established bearish trend, with a likely continuation towards the 94.00 – 93.00 range. From there, a bullish momentum may be anticipated.
DXY Will Grow! Long!
Here is our detailed technical review for DXY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 98.198.
The above observations make me that the market will inevitably achieve 98.620 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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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.
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
Potential bulllish reveresal?The US Dollar Index (DXY) is falling towards the pivot, which aligns with the Fibonacci confluence and could reverse to the 1st resistance.
Pivot: 97.08
1st Support: 96.44
1st Resistance: 98.10
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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...
TIME FOR THE DOLLAR TO STRENGTHEN OR FURTHER WEAKNESS.So what are we lookin at? We have been looking at the weakest price in dollar yet.Yesterday we tested the yearly lows at 97.700 which we are using as current baseline. I will mark up that price range to use as our support. Geopolitical tensions are cooling off as Trump called for ceasefire between the two war torn nations but we still have lots of economic data flowing in. Most attention fall towards Fed chair Powell speech as this will shape up the direction of the dollar going forward as we head to a new month. Correction higher means USDJPY will rise as we are having a steady Yen currency. We saw the dollar fail to hold above 99.300 which is our nearest resistance level marked by a horizontal ray.So focus is on those two price levels so as to enable us find opportunities to trade.
24th JuneTA: Many confluences for a bearish bias. Only confirmation needed for high probability price action is running (closing below 4H SL) on 1H. We have to exercise some caution, because price is still in the area of the monthly sweep. For a trade PA has to give us optimal behaviour.
News: Powell testifies at 10:00am. This could lead to a very quick move below the swept monthly low.
EUR/USD Macro Structure | Don’t Miss the Cycle ShiftAfter reviewing the 12M, 2M, and currency indexes — this isn’t just a bounce, it’s a potential macro reversal.
EUR/USD (2M Chart)
We’ve now got two Morning Star Dojis followed by a bullish engulfing — price is climbing steadily toward 1.16319 (neckline zone). If we break and retest clean, 1.25560 becomes a high-probability target. I view this as the neckline of a multi-year W-formation.
💶EUR Index (16D Chart)
The breakout has already occurred. Retest is happening now around the 1.057 zone. Fibonacci structure supports continuation, and volume confirms strength. If momentum holds, 1.085 – 1.130+ are valid extensions.
💵 USD Index (DXY - 16D Chart)
Meanwhile, the dollar is breaking down from a neckline around 98. If the 97–98 range gives way, we may revisit 88.253, confirming a shift in USD dominance.
🌐 Fundamental Alignment:
The Eurozone is pushing hard for digital transformation, with the ECB advancing legislation on the digital euro. Christine Lagarde has been vocal about blockchain innovation — and XRP’s involvement in cross-border integration is no coincidence.
🎯 Key Price Levels:
1.16319: Neckline (retest zone)
1.25560: Mid-term target
1.60195: Macro expansion (long-term, structure-dependent)
📌 I encourage all traders to zoom out and track structure across multiple timeframes. Sometimes the past holds clues to the future.