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US DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEXUS DOLLAR CURRENCY INDEX

US DOLLAR CURRENCY INDEX

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DXY trade ideas

DXY ||| • Sell Completed Below Orange Line📉 Pair: GBP/USD ⏱ Timeframe: 4H 🔶 Orange Line = Major S/R Zone 📌 Confirmed Break + Retest 🎯 Profit Locked | Risk Managed Strategy: Elliott Wave + Parallel Channel + SMC (Break of Structure) 🔶 Status: Completed Wave 5 inside falling wedge Sell executed after orange support break Anticipating accumulation phase > BOS > bullish reversal 📍Key Zones: Demand zone near 97.455 Resistance near 98.426 🎯 Next Steps: Looking for bullish structure post BOS + Wave 2 pullback. 🔁 Watch for: Accumulation near lower trendline Structure shift > Breakout of wedge Long confirmations in late July – early August 🟢 Plan the trade, trade the plan.
TVC:DXYShort
by Greenfireforex
Bullish bounce?USD Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance. Pivot: 97.81 1st Support: 97.19 1st Resistance: 98.69 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.
TVC:DXYLong
by ICmarkets
DXY: Local Bullish Bias! Long! My dear friends, Today we will analyse DXY together☺️ The market is at an inflection zone and price has now reached an area around 97.757 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 97.970.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
CAPITALCOM:DXYLong
by FreeXauusdSignals
Follow up on DXY Short post from 2022The DXY follows Fib levels quite accurately on macro movements using the monthly chart. Both on retracement and extension. It has recently tagged the .618 retrace of the last bullish wave 5 movement that started its decline. I would suppose it is close to completion of wave A of a ABC correction that will play out over the next several months. As it tagged the .618 mentioned above, it has also tagged the .786 extension of what is likely the c wave of the abc structure (of the larger A). B wave trade to the upside has good probability now in my opinion. I took the trade this morning with a 3-1 RR in place. It could fall to the trend line which is fine, but if it breaks in earnest and closes a few sessions below then my stop would be triggered. There was a bullish divergence prior to the April lows on the Daily TF and one is developing at the current lows. A close above 99.40 would confirm. Long term the dollar is likely still going to weaken and go much lower as QE inevitably comes back into the market picture. TP levels are at 99.40, 100.54, 101.25 and 101.76.
TVC:DXYLong
by cogent-trader
Caution for Dollar Shorts with Middle East Tensions FlaringMy educated guess is that the dollar is moving similar to the first time trump was elected. I am expecting dollar weakness to abate early next year. A major swing low formed in early 2018 one year after Trump was elected first round. Let us see if a similar situation forms next year. For now with DXY structured bearish caution is warranted with Oil up and 10 yr remaining elevated. There is a prior up move in April and until a decisive break below the current area Price Action and circumstances in the middle east warrant caution for dollar shorts.
TVC:DXY
by Trade_Navigator
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.
TVC:DXYLong
by Greenfireforex
Just got the May US CPIs. PPIs next...Here is the reaction in the US instruments to the numbers. Let's dig in. TVC:DXY TVC:DJI MARKETSCOM:US500 MARKETSCOM:US100 Let us know what you think in the comments below. Thank you. 77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:DOLLARINDEX
by Marketscom
DXY Ready to Reload? Eyes on 99.100 as Tariff Tensions Ease!!Hey Traders, In tomorrow's trading session, we're closely monitoring the DXY for a potential buying opportunity around the 99.100 zone. After trending lower for a while, the dollar index has successfully broken out of its downtrend and is now entering a corrective phase. We’re watching the 99.100 support/resistance area closely, as it aligns with a key retracement level making it a strong candidate for a bullish reaction. On the fundamental side, Friday's NFP data came in slightly above expectations, which is typically USD-positive. In addition, recent Trump-led de-escalation in U.S.-China tariff tensions is another supportive factor for the dollar. Trade safe, Joe.
TVC:DXYLong
by JoeChampion
11
Bullish bounce?US Dollar Index (DXY) has bounced off the pivot which lines up with the 50% Fibonacci retracement and could rise to the 1st resistance. Pivot: 98.91 1st Support: 98.36 1st Resistance: 99.60 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.
TVC:DXYLong
by ICmarkets
1
DXYThe DXY has faced severe sell off due to President Trump's policy and idea of how the dollar should be controlled/managed. Though it has fallen, a pullback will happen soon. I will be using the DXY as a good guide for all the USD/XXX or XXX/USD pairs. You as a trader can take what you can from this. These 4HR FVG'S seem like a very good place where you can do one of two things. First you may be able to manage and hold a trade throughout the whole pullback. Another option is take complete profits instead of partials and enter in at good prices with this pullback in mind for bias.
CAPITALCOM:DXYLong
by Ka1eeb
1
$DXY Repeating 2016 Post-Election I have highlighted the 2016 to 2020 Presidential Elections time period and then pasted that timeframe onto the 2024 election and found that the pattern is going along very similarly to Trump 1.0. If we assume that the future unfolds the same as last time, which is low probability, of course, then the future will unfold as shown in the yellow bars going into the future, as shown. Initially in 2016 post election there was a 7% rally in the U.S. Dollar Index and then a 15% retreat for the following year. So far in 2025 we have seen the same rally and a similar decline, but only faster this time. It would appear as thought the bulk majority of the declines in the TVC:DXY are over at this time with perhaps 4% further downside over the balance of the year. The Dollar Index has been useful for predicting changes in the earnings estimates for the S&P500 in the USA due to the high percentage of earnings coming back to the US for quarterly reporting. I have posted a few charts in the past which have been helpful at determining the risk in the stock market. The behavior of the global central banks has certainly had its impact on monetary aggregates and inflation. The policy response since the Covid Pandemic has been for maximum liquidity and maximum Government spending to keep the global economy afloat. The post-Covid response is now coming to a head along with new policy directives to cut wasteful Government spending and to reduce inflation (caused the Gov't spending). Global investors have flocked to the US for access to high technology stocks and have driven up the value of US assets to extreme levels compared to other markets. This adjustment phase where investors remove money from overvalued, or highly valued, US assets back to other markets has created a wave of selling in the US Dollar and US listed equities. What does the future hold? We never know but we sure can learn from what happened in the past by looking at charts just like this one to see what may happen. Looks like a bounce in the TVC:DXY from here, followed by a new low and then a rebound into the next few years. All the best, Tim April 22, 2025 1:16PM EST TVC:DXY 98.78 last
TVC:DXYShort
by timwest
5
DXY – U.S. Dollar Faces Downside RiskAfter a period of strength driven by its safe-haven appeal, the DXY is showing signs of weakness as doubts emerge over the true resilience of the U.S. economy. Recent data — including retail sales, industrial production, and consumer sentiment — have all fallen short of expectations, raising the likelihood that the Fed may pivot to a more dovish stance sooner than anticipated. As a market analyst closely monitoring capital flows, I believe the dollar is gradually losing its edge. With risk appetite improving and capital rotating into the euro and other risk assets, the DXY is likely to remain under pressure in the near term. Current outlook: Bearish bias, especially if the Fed softens its tone and weak U.S. data persists. The market is waiting for confirmation — but the pressure is already building.
TVC:DXYShort
by Edward_TradingFX
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.
TVC:DXYShort
by Jameshead007
18
DXY OVERVIEW AND ANALYSIS - SELLOFF AT FOMC PRESS CONFERENCE 🟣DXY🟣 H4 CHART As we witness the unfolding of a conflict in the Middle East this week I expect the commodities of OIL and GOLD to raise more after a pullback that will offer buy entries. On my view the DXY index will pullback to the previous broken support now resistance in the 99.200 - 99.340 area and selloff to the weekly targets 97.500 and 96.800. FOMC on Wednesday should catalyse this move and I expect the pullback to take place between the first days of the week
TVC:DXYShort
by SalvoVaccaro
DXY: US dollar To Drop Further Around 95?The US dollar has been steadily declining since the new president was elected in the USA. This decline has been accompanied by the ongoing trade wars. Numerous economic indicators have supported this trend, and we anticipate further depreciation in the coming days or weeks. Before trading, it’s essential to conduct your own analysis and gain a comprehensive understanding of the market. We wish you the best of success in trading. Good luck and trade safely. Like and comment for more, and as always, happy trading! Team Setupsfx_
TVC:DXYShort
by Setupsfx_
4