USDX trade ideas
USDCAD SELLING OPPORTUNITIESIn February, price has shown a large rejection at 1.48000 phycology level.
The last time we see price at this level was in March 1, 2000. We see this on the monthly time frame.. We also see some sort of bearish retracement to 61.8% Fibonacci level. If this level holds on weekly that means a new bearish move have started for USDCAD and this will be the first Lower lower.. for this new week, one will need to watch price actions on the lower timeframes(h4,h1) for bearish confirmations for shorting opportunities.
however, we are also open to buying opportunities back to 1.48000, should price fail to break 1.43000 phycological level and start giving us more higher highs..
"Bearish Pressure on DXY: Key Levels to Watch"🔹 Technical Analysis of U.S. Dollar Index (DXY) - 4H Chart
▪️Market Structure & Trend Analysis:
- The chart shows a clear downtrend in the U.S. Dollar Index (DXY), with a series of lower highs and lower lows.
- The price is trading below the 200-period moving average (blue line) and 50-period moving average (red line), reinforcing bearish sentiment.
🔹Key Levels:
1. Strong Resistance Area ( 107.300 - 107.400)
- This is a significant supply zone where sellers have aggressively pushed the price down in the past.
- The price recently tested this area and failed to break higher, indicating strong resistance.
2. Resistance Level for Further Downside ( 106.700 - 106.800)
- The price is struggling to stay above this level, which has now become a short-term resistance zone.
- If price stays below this level, further downside is likely.
3. Target Area ( 105.453)
- This is the next major support level, where price could find buying interest and potentially reverse or consolidate.
▪️Market Expectation:
- Bearish Continuation:
- If price remains below the 106.700 resistance level, it is likely to continue downward towards the 105.453 target zone.
- Invalidation of Bearish Bias:
- If price breaks and closes above 107.400, it could signal a trend reversal or deeper retracement.
🔹Conclusion:
- Bias: Bearish
- Trading Plan: Look for sell opportunities below resistance zones and target 105.453 for a potential move lower.
😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
DXY is headed for a Super-cycle TVC:DXY is headed for an e Supercycle that will rival what BTC has gone on over the past 5 years. USDXY’s chart from 1985 to today is the exact same pattern in BTC from 2016 to 2020 with a long double bottom a breakout retest and now the explosive impulsive move upward is left for DXY. The bull flag looks very strong on the chart and considering the length of the consolidation pattern the explosiveness to the upside could be like nothing this asset has ever seen before. As for how I'm actually playing this, I have positioned myself with heavy calls on AMEX:UUP that is the Dollar bull fund and mirrors dxy.
DXY Correction Plays Out – Is a Reversal Next? Since the end of January, I have been anticipating a correction in the TVC:DXY , with a target around the 106 support level.
This correction has unfolded as expected, with the Dollar Index touching 106 on Monday, followed by another test and reversal yesterday.
A key observation is that since the early February spike, the DXY has been trading within a falling wedge—a pattern that often signals a potential reversal.
What’s Next?
✅ Bullish confirmation would come with a daily close above the 106.60–106.70 zone. If this happens, we could see a move up to 108.50, a key resistance level.
✅ Interim resistance sits at 107.30, which could also act as a potential target for bulls.
Trading Implications:
If the Dollar Index confirms an upside breakout, it could present selling opportunities in FX:EURUSD , FX:GBPUSD , FX:AUDUSD , and TRADENATION:NZDUSD .
STRONG DXY Over the Next 12 - 24 months? With Donald Trumps Tariffs will we see the DXY retest all time highs $132 - $150?
The DXY maintains its bullish stance, The DXY maintains its bullish stance, reinforcing dollar strength as a wedge market structure develops. With mitigation around the 105.600s, the pattern suggests a continued push toward the 109.000s. As the Gold market declines .Traders should monitor key levels for confirmation of sustained momentum follow for more insights , comment , and boost idea .
Is the Dollar's Rally Over? Key Levels to WatchIs the dollar trend doomed? Many say the trend is over, but the charts tell a different story. The Dollar Index remains at key support levels, with technicals pointing to a potential upside. A breakout retest around 105 could determine the next move. Will inflation, wage growth, and the Fed's stance push the dollar higher? Or will weak economic data trigger a breakdown? Watch now and decide—long or short?
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#DXY 4HDXY (4H Timeframe) Analysis
Market Structure:
The price is forming a falling wedge pattern, which is generally considered a bullish reversal pattern. This suggests that the downtrend is losing momentum, and a potential upward move could follow if the price breaks above the wedge resistance.
Forecast:
A buy opportunity may arise if the price confirms a breakout from the falling wedge pattern, signaling increased bullish pressure.
Key Levels to Watch:
- Entry Zone: A buy position can be considered after a confirmed breakout above the wedge resistance.
- Risk Management:
- Stop Loss: Placed below the recent swing low to manage risk.
- Take Profit: Target key resistance levels based on previous price action.
Market Sentiment:
The falling wedge suggests potential bullish momentum. A confirmed breakout with strong price action can provide better validation for the buy setup.
2025 – The Year of the Normalized Dollar📉💵 2025 – The Year of the Normalized Dollar! 🔥
The U.S. Dollar Index (DXY) is showing clear signs of weakness after breaching key support levels. With interest rate cuts on the horizon and a shift in economic policy, we may be entering a new phase for the dollar’s normalization.
🔍 Key Levels to Watch
🔹 Resistance: 107.5 (Immediate resistance)
🔹 Key Mid Support: 100.95 (Next major level)
🔹 Final Target: 94.8 (Major support & potential bottom)
📰 Fundamental Factors Driving the Move
💡 Trump’s Dollar Policy: Historically, Trump has favored a weaker dollar to boost exports. His recent remarks during the Executive Order signing on January 23, 2025, reinforce this stance, as he pushes for interest rate cuts and lower energy costs.
Remarks by President Trump at Executive Order Signing (January 23, 2025):
Q: Mr. President, you said earlier that you would like to see interest rates come down.
THE PRESIDENT: Yeah.
Q: How much would you like to see them come down?
THE PRESIDENT: A lot.
Q: And will you talk with Powell?
THE PRESIDENT: I’d like to see them come down a lot, and oil prices will come down. And when oil prices come down, everything is going to be cheaper for the American people — and actually for the world — but for the American people. So, I’d like to see oil prices come down.
Q: Are you worried that there’s too much going on at once if you’re trying to bring interest rates down and get the economy back going?
THE PRESIDENT: No, no. It just works that way. I mean, it just economically works that way. When the oil comes down, it’ll bring down prices, then you won’t have inflation, and then the interest rates will come down.
Q: You said that you would demand that the interest rates come down. Do you expect the Fed to listen to you?
THE PRESIDENT: Yeah.
📉 What’s Next for the Dollar?
🔸 If 100.95 breaks, we could see further downside, testing the 94.8 region.
🔸 A retest of resistance at 107.5 would be a key test before further declines.
🔸 The global macro environment (oil prices, inflation, and geopolitical shifts) will heavily influence the dollar’s trajectory.
🌍 Economic & Geopolitical Impact
Beyond monetary policy, Trump’s trade and labor policies are also playing a role in shaping the inflation outlook. His push for tariffs and tighter immigration policies has led to higher labor costs, causing short-term inflation. However, on the global stage, Trump's potential deal with Putin to resolve the Ukraine conflict could help ease inflation worldwide by stabilizing supply chains and reducing geopolitical risks.
With Trump pushing for rate cuts, the Fed under pressure, and DXY losing momentum, could we see a full-scale dollar correction in 2025? Let’s discuss! ⏬
📢 Follow for more macro insights & market analysis!
One Love,
The FXPROFESSOR 💙
Bearish drop?US Dollar Index (DXY) has rejected off the pivot and could drop to the 1st support that line sup with the 161.8% Fibonacci extension.
Pivot: 107.49
1st Support: 105.44
1st Resistance: 108.67
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. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
DXY weekly Perspective 23.02.25DXY Analysis & Bias for This Week
My outlook for the Dollar Index (DXY) remains bearish, which aligns with my bias for bullish moves on pairs like GU, EU, and Gold. Since price has already broken structure to the downside, I anticipate a retracement to mitigate the newly formed 14-hour supply zone before continuing lower.
While price may react bullishly from the 3-hour or 2-hour demand zones I’ve marked, the overall momentum still favors the downside, as seen from the strength of recent bearish candlesticks.
Plan of Action:
📌 Once price reaches the 14-hour supply zone, I will wait for lower timeframe confirmations before taking action.
📌 I will also check for any corresponding demand zones on my other pairs to ensure alignment across the board.
DXY - 4H Bearish SignsTVC:DXY has shown an impressive rally from the 100 zone, forming three major bullish legs, each contributing approximately 4% gains. These bullish phases have now brought the index close to the critical 110 level.
However, in the third major leg, we observe the formation of three minor legs, signaling some hesitation as it nears the resistance zone. While many expect the index to break through 110 easily, I anticipate price swings around the 109-110 range, and even the possibility of a deeper pullback before resuming its upward trend.
With the NFP data release today, we might see increased volatility, offering opportunities for a potential DXY decline before any further rise. Stay alert for sharp market moves! 📉
Are we going to 103?TVC:DXY CAPITALCOM:DXY
The uptrend was broken at a strong resistance with a retest of the trend and resistance, I think the price will go down, also we have a gap at 103 which I think will close soon .
waiting ...
DXY BullishThis analysis is based on the Wyckoff Accumulation Schematic #2. I'm bullish on DXY. We will see the full strength of the dollar soon.
DXY bearish pressureThe dollar index is slightly defensive. The result is a break of the ascending trend line. For now, the dollar is supported by the EMA 50 moving average. If the index falls below the moving average line, the index would retreat below 107.00. A potential target is 106.00 on the EMA200 daily moving average.
DXY on high time frame
"Hello traders, focusing on DXY on high time frames, as per my previous analysis, the price has shifted towards a bearish direction. The price has reached the 110 zone, and candle formations are indicating a downtrend. I anticipate further pullback towards the 108 zone and potentially lower prices thereafter."
If you have any specific questions or need further assistance with your message, feel free to let me know!
Republican bear cycle / QELong-term sell-off in expectation of the Trump administration's projected monetary policies. In addition, on a technical aspect, the inefficiencies of the last DXY drop in Nov. 2022 are filled. The entry is given by the change in the daily structure after filling the aforementioned inefficiency. The target is looking for liquidity at the low of Jul. 23', coinciding at the 61.8 fibo of the bullish momentum of the Democratic Biden administration.
Dollar idex is ready to drop next week are you ready ?This week, the market was slow with little movement. However, starting next week, keep an eye on the dollar. The order flow is showing a strong sell, and the daily chart reveals an FVG that indicates a sell from this level. Additionally, the current low aligns with the monthly FVG level. Trading next week should be exciting!
DXY Trade Idea - Bullish Bias### **📈 DXY Trade Idea - Bullish Bias 🚀**
**🔍 Market Outlook:**
I am now considering **DXY bullish** due to multiple confluences aligning with **ICT & SMC** principles:
✅ **Break of Structure (BOS):** DXY closed above a short-term high, confirming bullish intent. 📊
✅ **Bullish Fair Value Gap (FVG):** A strong bullish FVG has formed, acting as a potential support zone. 📉➡️📈
✅ **Unicorn Model + Breaker Block:** ICT structural setup aligns with smart money movements. 🦄📦
✅ **SMC Confirmation:** Price action is in sync with **Smart Money Concepts**, suggesting institutional participation. 🏦💰
### **📌 Trade Plan:**
🔹 **Entry:** Wait for a retracement into the **bullish FVG** or **breaker block** for a high-probability entry. 🎯
🔹 **Stop Loss:** Below the recent **swing low** or the invalidation level. 🚨
🔹 **Take Profit:** Target **liquidity above** the next significant high. 🎯💵
🔹 **Extra Confirmation:** Look for **BOS on lower timeframes (LTF)** and **bullish order flow** before executing. 🔄🔍
Would you like me to add a chart analysis or refine the execution details further? 📊📉📈
Short Dolla Long BTCWe'll see
things haven't been great but it also feels like there's a lot of fear and uncertainty right now
Potential bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as an overlap resistance and could rise to the 1st resistance that lines up with the 50% Fibonacci retracement.
Pivot: 107.09
1st Support: 106.64
1st Resistance: 108.04
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. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
