DXY trade ideas
DXY Short-Term Reversal Zone in SightUS Dollar Index (DXY) is approaching a strong support zone at 98.90–98.00, which has historically acted as a base for bullish reversals. The price is now testing the lower bound of this zone after a steady downtrend from the 101.94 high.
Key Technical Structure:
Support Zone: 98.90–98.00 (tested 3+ times)
Double Bottom Potential forming if bulls hold the zone
Upside Targets:
101.94: Key horizontal resistance
103.50: Swing high from early April
Scenarios to Watch:
🔹 Bullish Rebound:
Price bounces off 98.90–98.00 support
Confirmation: Break and close above 100.50 near-term resistance
Could fuel move back to 101.94, possibly 103.50
🔹 Bearish Breakdown:
Daily close below 98.00 would invalidate bullish setup
Opens downside to 97.00 and even 95.50
Macro Drivers to Watch:
FOMC speakers and interest rate guidance
US jobless claims or inflation surprise
Risk-off sentiment (benefits USD) vs. continued global risk appetite
Conclusion:
DXY is trading at a make-or-break support zone. Watch for clear bullish reaction or bearish breakdown before committing. The setup favors a bounce unless 98.00 fails.
DXY Update..PWL takenGood day traders I’m back yet again with another update but this this it’s DXY(dollarindex)).
Price has taken previous week’s low, and for me that’s the manipulation phase in the power of 3 because my bias is bullish on the dollar and bearish on foreign currencies. Price has taken the PWL in a zone/area where we saw price react higher in that BPR zone/area. For the rest of the week I personally believe we can expect higher prices on DXY, Atleast till the midpoint of that gap above price. ICT teaches more on the importance of that halfway/midpoint of gaps and other PD arrays.
Since we are in a discount zone we can expect price to move higher into the premium range of the daily TF dealing range and our first liquidity (internal) is also inside the premium zone.
Will the Dollar’s Drop Fuel More Gold Upside After Weak PCE DXY OUTLOOK – Will the Dollar’s Drop Fuel More Gold Upside After Weak PCE and Trade Tensions?
📉 TECHNICAL STRUCTURE – DXY CONTINUES TO WEAKEN
The US Dollar Index (DXY) has failed to hold the 99.20–99.30 support zone and continues to respect its bearish structure on the H2 chart. The sharp sell-off at the end of May was a direct response to weaker-than-expected PCE inflation data, combined with growing political uncertainty surrounding US–China and US–EU trade negotiations.
🔻 Key Resistance Levels: 99.234 – 99.618
🔻 Key Support Zone: 98.030 – A clean break below this may open the door toward 97.50
🌍 MACRO CONTEXT – USD UNDER PRESSURE ON MULTIPLE FRONTS
Trump’s tariff decisions remain unclear. While some deadlines were delayed (e.g., steel tariffs on the EU), no substantial agreements have been reached.
Core PCE inflation – the Fed’s preferred gauge – continues to ease, reducing expectations of further rate hikes in the short term.
Institutional flows are shifting toward safe havens like gold, especially as uncertainty clouds the outlook for both US fiscal and trade policy.
📊 IMPACT ON XAUUSD – DOLLAR DROP GIVES GOLD ROOM TO RALLY
Gold remains supported by:
A weakening DXY trend
A bullish structure on H1 with EMA 13–34–89–200 alignment in favor of upside
Strong safe-haven demand heading into a new month with fresh capital inflows
If DXY breaks below 98.70 and slides toward 98.030, gold could extend its rally toward key resistance zones at 3348 – 3361.
🎯 TRADING STRATEGY (Based on DXY Bearish Continuation):
Prioritize buy setups on XAUUSD if DXY fails to reclaim the 99.23 resistance
Watch for a potential DXY pullback to resistance – if rejected, this would confirm momentum for gold to climb further
📌 NOTE: Traders should stay alert to any major news from the Fed or new developments in US–China–EU trade talks. While the current DXY structure favors continued downside, short-term pullbacks can provide gold with consolidation before another leg higher.
DXY Breakdown Could Trigger a Massive Market Shift !Hello Traders 🐺
I hope you're doing well!
In this idea, I want to once again talk about the DXY situation, because in my opinion, we're currently at a very critical level—and it's decision time!
First, let’s take a look at the chart, and then I’ll explain the potential impact this setup could have on other markets—especially crypto and stocks:
As you can see in the daily chart, DXY was perfectly supported by the red box area—which has now flipped into resistance. In my opinion, there are two key levels to watch here.
There’s an old rule in technical analysis:
"The more a level gets tested, the weaker it becomes."
And that’s exactly what we saw—DXY tested that support zone multiple times. Once it finally broke down, we witnessed a massive pump in dollar-hedged assets!
Now, the price is retesting that zone as resistance. If DXY breaks below its previous low, we could see a strong bullish wave in both crypto and equity markets.
🔎 So what does this mean for different markets?
1. Crypto Market
If DXY gets rejected and breaks lower, we’re likely to see a big move in BTC, and in my opinion, an even crazier rally in altcoins—especially since BTC.D is near its peak (~70%). If it collapses, the altcoin party begins!
2. Stock Market
A weaker dollar = boost for U.S. exports
Foreign investors love cheaper dollars = more capital flows into U.S. assets
In short?
📈 It's a green light for equity bulls.
3. Global Markets (Commodities & Gold)
Dollar down? Commodities up.
Gold shines as the go-to hedge in times of dollar weakness.
Oil and metals surge, since they’re priced in USD.
When the DXY slides, hard assets come alive.
I hope you enjoyed this idea, my friends!
Remember: markets reward those who stay patient and act with conviction. Jump on the train at the right moment. You’ve got my word:
Buy when there’s fear, sell when there’s greed.
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN 🐺
USDX-NEURAL SELL strategy 6 hourly chart GANNThe index is under pressure, and it has moved as expectation since I started my travels. However, am cautious selling right now, as there is some room to see minor recovery before lower. Also we are near a previous bottom.
Strategy SELL @ 99.00 - 99.25 and take profit near 96.50 for now.
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Weekly CLS I Model 2 I Target CLS Highs / OBHey, Market Warriors, here is another outlook on DXY. If you’ve been following me, you already know my setups are based on CLS Footprint, a Key Level, Liquidity and a specific personal execution model.
If you haven't followed me yet, start now.
System is completely mechanical and repeatable— designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings of multiple patterns Just one setup and market context working on all markets.
🧩 What is CLS?
CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets.
✅ Understanding the behavior of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits.
📍 Model 1
is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
Please don't gamble on this setup, just because you seen majority of my setups played out. You can never know which trade will work and which not. It's just a probability. Rather take this as opportunity to learn.
David Perk aka Dave FX Hunter ⚔️
👍 Hit like if you find this analysis helpful, and don't hesitate to ask me questions, Im always happy to help others and respectfully discuss other opinions.
check the trendIt is expected that a trend change will form within the current support range and we will witness the beginning of an upward trend. Otherwise, the correction trend will continue until the next support ranges.
Weekly trade ldea on DXYAm still short term bullish on the dollar, this morning trade war is causing the dollar to fall a little bit
We might see a little rise and then a deep fall in the dollar
which will help our decision aking on its pairs
Like follow for more updates
DXY Under Pressure: Breakdown Incoming Below 99.00?After testing the 102 resistance zone in mid-May, the TVC:DXY resumed its downward move, dropping back into the 98.50–99.00 support zone.
The brief spike above the psychological 100 was quickly rejected, and price has since rolled over — currently trading around 99.27 at the time of posting.
🔻 The downside pressure is strong, and a break below support looks imminent.
If that break occurs:
🎯 Short-term target: 98 (approx. 1% drop)
📉 Medium-term potential: A deeper decline toward 95
Could that be it for DXY ?DXY could drop at the best scenario to 98 - 100 or a deeper correction giving the market some oxygen
Weekly FOREX Forecast Jun 2 - 6th: Wait to BUY Majors vs USD!This is the FOREX futures outlook for the week of Jun 2 - 6th.
In this video, we will analyze the following FX markets:
USD Index EUR GBP AUD NZD CAD CHF JPY (CHF and JPY forecast to follow).
It's been a consolidative week, but the USD is still weak. Look for valid breakdowns of consolidations before buying against the USD.
NFP week ahead! Mon-Wed will be the best days to trade.
Enjoy!
May profits be upon you.
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Disclaimer:
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DXY Analysis today : Possible reversal?With strong liquidity grab at 99.00 DXY, with monthly rejection to the upside, past week we have seen with gap open the market started to drop long term support level 99.000 which smart money zone price has got bounce back to the upside with strong momentum potentially forming a double bottom with series of higher low price may continue to move up to the 100.75 to long term monthly resistance with NFP we may see further rejection down again.
A bullish on support is high probability !
1. "What do you think — is DXY ready to fly or fall?"DXY 4H Analysis – Decision Time for the Dollar?
After completing a falling wedge with a clean 5-wave Elliott structure, the U.S. Dollar Index is approaching a key demand zone.
Will buyers step in to push price toward the bullish target near 106 📈?
Or will we see another rejection from the supply zone and a deeper drop to 94? 📉
Wave A or Wave B?
Market structure shows signs of reversal, but confirmation is still pending a break of resistance or further rejection.
👉 What do you think — bounce or breakdown?
Comment your view below ⬇️
Let’s see who’s riding the next big wave 🌊
#DXY #USD #ElliottWave #SupplyAndDemand #GreenFireForex #ForexAnalysis #WaveTheory
DXY Weekly ForecastDXY Weekly Forecast
- keep looking for down move
- in any case DXY has to come down to 96.000 level
"I Found the Code. I Trust the Algo. Believe Me, That’s It."
DXY 4H Breakout? Bulls Eye Momentum Shift!Hey There;
The U.S. Dollar Index (DXY) appears to have reached a critical turning point from a technical analysis perspective. According to Elliott Wave Theory, following a five-wave downtrend, the AB corrective wave has been completed, and a bullish movement towards the C wave is emerging. This scenario could signal a transition from a bearish market to a bullish one.
Technical Outlook:
- A move towards 104.460 on the DXY may indicate that the market is entering a strong recovery phase.
- The completion of the AB corrective wave suggests that buyers are stepping in, driving upward momentum in price action.
- The C wave typically retraces a portion of the prior decline, creating potential for a higher price level.
Macroeconomic Factors:
- U.S. monetary policy and inflation data remain key determinants of the dollar index’s trajectory.
- Increased global risk appetite may bolster the dollar’s appeal as a safe-haven asset.
- U.S. Treasury yields could provide additional support for DXY’s upward movement.
If DXY successfully reaches 104.460, this could confirm a shift into a bullish trend. However, the strength and sustainability of the C wave will depend on supportive volume and momentum indicators. The interplay between technical and fundamental factors could drive a solid recovery in the dollar index.
Should this scenario unfold, it may mark the beginning of a renewed period of dollar strength against global currencies. However, market dynamics and macroeconomic developments must be monitored closely to validate this outlook.
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DXY (USDX): Trend in weekly time framehe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
DXY moving to Sub-Wave 5 of Wave 3Now we see the recent move is toward the completion of Wave 3 with 5 sub-waves. Sub-waves 1,2,3,4 already completed. The final Sub-Wave 5 will move in impulsive waves.
Trump will make it happen soon. haha..
My Thoughts #012The pair is in a bearish trend on the weekly time
In the bearish trend the pair seems to be making a LH
Meaning we are currently moving up and currently on the lower time frame we are in bullish trend.
The pair still has equal highs open on the weekly time frame.
It further sweeped equal lows on the daily time to fuel for the next move up.
The pair broke out, retested and after that it's been trying to gain more momentum for the upside.
Sells could still happen just use proper risk management
let's do the most
