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DXY trade ideas

DXY could start correcting soonThe last quarter of 2024 was exceptionally bullish for the DXY, with the price climbing from 100 to a peak around 109—a substantial 9% increase in a relatively short period. The bullish momentum has continued into the start of 2025. However, since late December, the price action has become more overlapping, which could indicate the potential for a reversal. At present, the price remains above the bullish trendline, so there are no clear reversal signals yet. That said, it’s important to monitor for a downside break. If such a scenario occurs, the index could drop toward the 106 support level.
TVC:DXYShort
by Mihai_Iacob
Levels discussed during livestream 10th Jan 202510th January 2025 (Pre NFP) DXY: Consolidating below 109.40 strong nfp: break 109.40 trade up to 110 weak nfp; needs to break 108.80, to trade down to bottom of channel at 108.40 NZDUSD: Sell 0.5570 SL 30 TP 60 (DXY strength) AUDUSD: Look for reaction at 0.62 support area, Sell 0.6255 SL 20 TP 50 (rejection of trendline) GBPUSD: Sell 1.2250 SL 30 TP 60 (DXY strength) EURUSD: Sell 1.0270 SL 25 TP 60 (DXY strength) USDJPY: Sell 157.80 SL 30 TP 120 (DXY weakness MASSIVE Counter Trend) EURJPY: Do Nothing GBPJPY: Buy 195.50 SL 60 TP 250 USDCHF: Buy 0.91430 SL 30 TP 60 USDCAD: Buy 1.4390 SL 20 TP 70 XAUUSD: Continuation higher, break above 2678 to trade up to 2690
TVC:DXY
by JinDao_Tai
DXY in 4H timeframehello dear traders U.S. Dollar Index (DXY) and the potential for a correction over the next month: Federal Reserve Monetary Policy: If the Federal Reserve signals a slowdown or pause in its rate hikes, it could put downward pressure on the DXY. Upcoming speeches or FOMC minutes will be key indicators to watch. U.S. Economic Data: Weaker-than-expected economic data, such as lower GDP growth, higher unemployment rates, or declining inflation, could suggest a less aggressive Fed policy, leading to a potential correction in the dollar. Global Economic Trends and Risk Sentiment: Increased risk appetite in global markets could drive investors toward riskier assets (like equities or emerging market currencies), reducing demand for the dollar as a safe-haven asset. Geopolitical and International Developments: Any easing of geopolitical tensions or positive trade agreements between major economies could diminish the dollar’s safe-haven appeal and contribute to a potential correction. Correlated Markets like Gold and Oil: Rising prices in gold or oil often correlate with a weaker dollar. If these assets strengthen, it could be a sign of dollar weakness. In summary, weaker U.S. data or dovish signals from the Fed, combined with a more favorable global economic environment, could increase the likelihood of a DXY correction over the next month.
TVC:DXYShort
by mehdi_kb
My Analysis of the DXY ChartLooking at this chart, the DXY is moving within an ascending channel defined by the two white trendlines. Based on my analysis, there are a few key levels to watch, especially the Fibonacci retracement levels. First, if the price starts to drop from the upper boundary of the channel, it is likely to retrace down to the 0.61 Fibonacci level. This is an important support zone, and the price might bounce back up from here. However, if the 0.61 Fibonacci level doesn’t hold, the price could continue falling towards the 0.78 retracement level. This level is a much stronger support and could trigger a significant reversal if the price reaches it. Finally, the lower boundary of the channel, marked by the white trendline, serves as the ultimate area of support. If the price falls this far, there’s a strong chance it will bounce back upward within the channel. This analysis highlights the key zones where the price is likely to react and helps identify the next potential moves for the DXY
TVC:DXYShort
by professionalgoldtrader
DXY for short-term DownsideHello Fellow Traders, Its BEEN A WHILE! I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For DXY The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk! &. Plan Your Trade & Trade The Plan! Let Me know if you have any Questions or Comments Below! Negative Or Insulting Comments Are Not Welcome See You in the next Analysis! Global Fx Education
CAPITALCOM:DXYShort
by Global_Fx
Forecast UPDATES! Jan 15, WedIn this video, we will update the forecasts for the following markets: ES \ S&P 500 NQ | NASDAQ 100 YM | Dow Jones 30 GC |Gold SiI | Silver PL | Platinum HG | Copper Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
TVC:DXY
by RT_Money
US Dollar Index (DXY) Rising Channel IntactChart Analysis: The US Dollar Index (DXY) continues to trade within a well-defined ascending channel (green-shaded area), signaling sustained bullish momentum. 1️⃣ Ascending Channel: The DXY is consolidating near the channel's midline, with the upper boundary around 110.00 acting as a potential resistance area. A breakout above the channel's upper boundary would signal continued bullish momentum, while a retracement to the lower boundary around 106.00 could provide buying opportunities. 2️⃣ Key Support Levels: The 50-day SMA (blue line) at 106.50 is providing dynamic support, aligning with the channel's lower boundary. The 200-day SMA (red line) at 104.50 reinforces long-term support. 3️⃣ Momentum Indicators: RSI: Currently at 62, indicating bullish momentum but shy of overbought levels. MACD: Momentum remains positive, with the MACD line above the signal line, supporting the bullish bias. What to Watch: Monitor the channel's upper boundary for potential resistance or breakout opportunities. Watch for pullbacks towards the 50-day SMA and lower trendline for potential support levels. RSI and MACD trends will be key in confirming momentum strength or weakness. The DXY remains firmly within its bullish structure, with the ascending channel and moving averages providing a clear technical framework for traders to follow. -MW
TVC:DXY
by FOREXcom
1
DXY Is Going Down! Sell! Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 108.155. The above observations make me that the market will inevitably achieve 107.189 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. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
3
The Axis of RESISTANCEI have drawn an imaginary ascending parallel channel. The midline of this ascending channel seems to be acting and a giant Resistance at the moment. Breaking above this resistance level is going to send the DXY flying to the moon, which can drown the stock and the crypto market. On the other hand DXY is struggling to break above this resistance level and it is forming a divergence in the 4H RSI chart. The EMA 150 on the daily chart is pointing to a support at around 105-106 level. The interesting part is that the price chart also agrees that 105-106 level is a strong support area to study. DXY has been crushing the crypto market specially the alt coins for the past few weeks. A break below the ascending channel and a visit to the 105-106 support area will give the stock market and the crypto market the chance to breathe.
TVC:DXY
by Se7enSkies
DXY Is Going Down! Sell! Here is our detailed technical review for DXY. Time Frame: 17h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 109.631. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 107.871 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
1
Levels discussed on Livestream 15th Jan 202515th January 2025 DXY: Consolidating below 109.40, price stays below 109.40, could trade down to 108.75 (bottom of the channel and 61.8%) NZDUSD: Sell 0.5580 SL 20 TP 40 AUDUSD: Buy 0.6210 SL 20 TP 40 (IHS) GBPUSD: Sell 1.2140 SL 30 TP 80 (watch out at 1.2110) EURUSD: Sell 1.03 SL 40 TP 110 USDJPY: Sell 156.95 SL 30 TP 80 EURJPY: Sell 161.25 SL 35 TP 105 GBPJPY: Nothing for now, possibly lower to 188 USDCHF: Look for reaction at 0.91 USDCAD: Sell 1.4345 SL 20 TP 40 XAUUSD: Look for price to trade up to 2697, previous swing high
TVC:DXY
by JinDao_Tai