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DXY trade ideas

DeGRAM | DXY movement is in a rangeDXY is in a range, in an ascending channel between the trend lines. The price is moving from the lower boundary of the channel and is now testing the support level. The chart maintains an ascending structure and is now holding in the accumulation zone after the correction. At the moment the indicators have formed a bullish convergence on the 1H timeframe. We expect the price to rise if the index consolidates above the current range. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYLong
by DeGRAM
1
DXY: Ascending Triangle topping soon. Excellent sell opportunityThe U.S. Dollar Index is on a steady bullish 1D technical outlook (RSI = 60.447, MACD = 0.640, ADX = 33.835) as with the exception of November's last week, it has been rising nonstop since September 30th 2024. The price is near the HH Zone of the Ascending Triangle, the 1W RSI has double topped and we are, or getting close to, the new long term top. Technically the 1W RSI is already similar to the October 9th 2023 top. The risk now is lower in going short. Aim for the 1W MA200 (TP = 103.000), which was the level that offered the late September support. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXYShort
by InvestingScope
1
Markets were in consolidation on 9th Jan 20259th January 2025 DXY: Consolidate between 109 and 109.40, could breakout to 110 NZDUSD: Sell 0.5575 SL 30 TP 60 AUDUSD: Look for reaction at 0.62, Buy 0.6220 SL 25 TP 50 or Sell 0.6175 SL 20 TP 60 GBPUSD: Sell 1.2260 SL 20 TP 70 EURUSD: Sell 1.0270 SL 25 TP 60 USDJPY: Watching that 158 resistance level EURJPY: Sell 162.40 SL 50 TP 80 GBPJPY: Sell 193.30 SL 50 TP 100 USDCHF: Buy 0.9130 SL 20 TP 50 USDCAD: Buy 1.4415 SL 20 TP 45 XAUUSD: Watch 2672 resistance (61.8%), possible rejection.
TVC:DXY
by JinDao_Tai
US Labor Market Surprises and Redefines Expectations for the FedThe US labor market has ended 2024 with unexpected strength, significantly exceeding market expectations. The addition of 256,000 new jobs in December, the highest figure in nine months, contrasts with forecasts of 160,000, consolidating a year of economic resilience. This robust data adds to a series of positive economic indicators, such as the services PMI and job openings, strengthening the narrative of a reduced need for an aggressive stance by the Federal Reserve (Fed). This labor market performance, bringing the total jobs created in 2024 to 2.2 million, though below the 3 million in 2023, directly impacts monetary policy expectations. Markets now more strongly anticipate that the first rate cut may not occur until the second half of 2025, with some suggesting it could be the only downward adjustment. This outlook diverges significantly from the Fed's revised projections at its December FOMC meeting, which reduced rate cut expectations from four to two for the next year. The strength of the US labor market, highlighted in the December non-farm payroll report, raises questions about the Fed’s monetary policy trajectory. This data, coupled with other positive economic indicators, suggests that the economy might be holding up better than expected, potentially delaying the need for rate cuts. A sectoral breakdown reveals particular dynamism in areas like healthcare (+46,000 jobs), government (+33,000), and retail trade (+43,000), the latter recovering from a contraction in November. However, certain weaknesses in manufacturing (-13,000 jobs) are evident. This strengthening of the US dollar, driven by robust economic data, is reflected in the DXY index, briefly reaching the 110 mark with a gain of approximately 0.7%. This appreciation of the dollar pressures emerging markets, particularly in Latin America, where the Mexican peso posted losses of over 0.8%. Additionally, downward pressure is observed in the equity markets, with the S&P 500 falling more than 1.5%. The market’s reaction to this data is clear: a stronger dollar, higher fixed-income yields, and pressure on equities. This scenario underscores the importance of closely monitoring the evolution of the US economy and its impact on global markets.
PEPPERSTONE:USDX
by Pepperstone
Bullish Bias Until Opposing DisplacementClassic SMC concept: Price at Premium area, in order to gather liquidity it has to go to Discount area. Lets break down it into available Week unfolding Scenario: Scenario A: The easiest target for Price is to take PWH (Premium) and then we may face the some sort of displacement it could create Daily/4h -OB then we may trade up to Thursday for having Bearish Bias (short term) by keeping in mind Bullish Bias intact in mind (long term). Scenario B: Price may drop into FVG:BISI(4h) and may turn Bullish and then we may notice FVG creation on Monday and may ride Tuesday retracement to frame Bullish trade up to Thursday/Friday.
TVC:DXY
by Arrsalaan
DXY Long-Term Roadmap🧭 Roadmap Overview: The DXY (US Dollar Index) moves in multi-decade cycles of bull and bear runs, reflecting changes in global economic conditions, monetary policies, and investor sentiment. In this chart, I’ve mapped out a long-term roadmap based on historical cycles that indicate where we are now and what to expect in the future. I’ve also included how crypto adoption and stablecoins could potentially impact the DXY in the coming years. 🔎 Historical Cycles & Trends: 1️⃣ 1980-1985 Bull Run: Driven by Federal Reserve rate hikes to combat inflation. The DXY reached a peak around 160, marking a major bull run. 2️⃣ 1985-1995 Bear Run: The Plaza Accord in 1985 led to a devaluation of the dollar. The DXY dropped significantly during this period. 3️⃣ 1995-2002 Bull Run: The dot-com boom and a period of economic expansion saw the DXY rally once again, reaching highs above 120. 4️⃣ 2002-2008 Bear Run: Post-9/11 and the housing bubble crash triggered a major decline in the DXY. 5️⃣ 2008-2022 Bull Run: The global financial crisis in 2008, combined with Fed tightening policies, triggered a long bull run in the DXY, peaking around 114 in 2022. 🧩 Where We Are Now: Currently, the DXY is at a critical inflection point. Based on historical cycles: The next bear run is expected to start soon, driven by a potential Fed pivot to lower interest rates and increasing global de-dollarization efforts. After this bear run, I expect another multi-year bull run, starting around 2030, as the dollar remains the world’s primary reserve currency. ⚡ How Crypto Could Impact the DXY: 🔵 1. Bitcoin as a Hedge Against USD: Bitcoin is often seen as digital gold, offering investors a way to diversify away from the U.S. dollar. If Bitcoin adoption grows globally, it could reduce demand for USD and put downward pressure on the DXY. 🟢 2. Stablecoins Competing with USD: Stablecoins like USDT, USDC, and DAI are pegged to the USD and used globally as digital dollars. However, if crypto-native stablecoins start to replace traditional banking systems, it could challenge the dominance of the USD in global trade. For example: USDT has a higher daily transaction volume than PayPal. Crypto transactions across borders bypass traditional banking systems, reducing the need for USD reserves. 🟡 3. De-Dollarization & Crypto Adoption: Countries like Russia, China, and BRICS nations are pushing to reduce reliance on the USD. If they adopt crypto or blockchain-based settlement systems, it could accelerate the decline of the DXY. Example: Russia is exploring digital currencies to settle international trade. China’s digital yuan (CBDC) aims to reduce reliance on the USD for cross-border payments. ⚡ Key Risk: The more crypto adoption grows, the more demand for traditional USD may decline, which could negatively impact the DXY in the long term. 🎯 Predicted Cycles: 📉 Bear Run: 2025-2030 📈 Bull Run: 2030-2040 💬 What are your thoughts on how crypto adoption could impact the future of the DXY? Let me know your thoughts below! 👇 #DXY #USD #Crypto #USDT #Stablecoins #Bitcoin #DeDollarization #Forex #Trading #MacroAnalysis #BTC
TVC:DXY
by Ehsanzh
Levels discussed on Livestream 14th Jan 202514th January 2025 DXY: Test support of 109.40, if below 109.30 can trade down to 108.75 NZDUSD: Sell 0.5580 SL 20 TP 40 AUDUSD: Sell 0.6190 SL 20 TP 60 GBPUSD: Sell 1.2180 SL 25 TP 75 or Sell 1.23 SL 30 TP 100 EURUSD: Sell 1.0315 SL 30 TP 120 USDJPY: Sell 156.90 SL 30 TP 80 EURJPY: Buy 162.00 SL 40 TP 80 GBPJPY: Sell 191.80 SL 50 TP 150 USDCHF: Buy 0.9155 SL 25 TP 60 USDCAD: Sell 1.4350 SL 20 TP 45 XAUUSD: If price stays below 2675 could trade down to 2645
TVC:DXY
by JinDao_Tai
"Awaiting Bearish Confirmation at Key Resistance Zone on DXY"Based on the chart of the U.S. Dollar Index: 1. **Trend Analysis**: The index is currently within an upward channel, indicating a bullish trend. The price is oscillating between the upper and lower boundaries of this channel. 2. **Recent Movements**: There’s a noticeable price peak around the upper boundary, suggesting potential exhaustion. The recent downward movement indicates the possibility of a reversal. 3. **Bearish Confirmation**: The note emphasizes waiting for bearish confirmation before executing any trades. This suggests that it's prudent to look for signs of trend reversal or weakening momentum before making a bearish move. 4. **Strategy**: The advice is clear: without confirmation of a bearish trend, no trading should occur, highlighting a cautious approach. 5. **Key Levels**: Watch for key support around the mid-channel and resistance near the upper boundary, which could signal entry or exit points. Overall, the chart indicates a cautious approach is necessary, focusing on confirmations before taking any trading actions.
TVC:DXYShort
by TRADE_CENTER_1
U.S. Dollar Index (DXY) Update: Peaking Phase in FocusIn our previous analysis, we projected a bullish trend for the U.S. Dollar Index (DXY), forecasting its strength to persist until it reached a critical "Area of Interest" (highlighted in pink on the chart). This area corresponds to a significant resistance zone near the 109.6–110.0 level, as marked on the chart. Current Observations: - The DXY has now entered the projected "peaking phase," as shown by its approach to the identified resistance zone. - Momentum indicators, such as the RSI, suggest overbought conditions near this level, reinforcing the likelihood of a reversal. - The chart highlights a series of ascending waves culminating in the current peak, aligning with the earlier analysis of the bullish phase ending by early 2025. What’s Next? - A bearish reversal is anticipated, with the DXY likely retracing to lower support levels. Key targets for the downturn are: - The 100.00 psychological level, which also aligns with a structural support zone. - The 97.8 level, representing a major support from previous price action. - The longer-term downtrend trendline remains intact, suggesting the DXY could experience sustained weakness throughout 2025. Implications for Bitcoin and Cryptocurrencies: As noted earlier, a weakening U.S. dollar often correlates with upward momentum in dollar-denominated assets, including Bitcoin and other cryptocurrencies. If the DXY confirms its reversal, we could see a bullish breakout in Bitcoin beginning around Q1–Q2 2025, as the market prices in dollar devaluation. Conclusion: Investors should monitor the DXY's behavior closely within the "Area of Interest." Confirmation of a bearish reversal could trigger significant market shifts across various asset classes. Stay vigilant for further updates as the DXY's trajectory unfolds.
TVC:DXYShort
by Kenayi
DXY Friday rallyThe DXY has created a double bottom forming a W patten, followed by creating a new Bull flag over the past 2 days. A break out of the bull flag could see a rally breaking high levels from 2022 at 110. If a rally to these levels does occur we will need to see bullish out announcements regarding the news over the weekend such as, Average Hourly Earnings m/m, Non-Farm Employment Change, Unemployment Rate, Prelim UoM Consumer Sentiment and Prelim UoM Inflation Expectations. I'd like to see a strong rally to end the week for the DXY, then monitor the news results over the weekend to form my Bias coming into next week on Monday.
TVC:DXYLong
by KGHP
Something NEW!!1. Identify your htf. 2. Identify a htf bias. 3. Identify your current trading range on your htf. 4. Identify your premium or discount level. 5. Inside your premium or discount level identify your htf point of interest. 6. Wait for price to pull into your htf point of interest. 7. Pop down to a ltf where you'll observe bearish or bullish price action. 8. Wait for the buy model or sell model to play our wait for a market structure shift on the ltf. 9. Look for 2 stack pois like a breaker block coupled with an imbalance 10. Enter at the stacked poi( point of interest) after a market structure shift.
CAPITALCOM:DXYEducation
by darrenblignaut78
USDX, DXYUSDX is in an uptrend. The price has tested the 110.16 resistance and failed to break through. It is believed that in the short term there may be a correction. If the price can still stand above 107.41, it is expected that the price will continue to rise. Consider buying in the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
EIGHTCAP:USDXLong
by Serana2324
DXYThe Dollar Index (DXY) measures the value of the U.S. dollar relative to a basket of six major foreign currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. It provides a comprehensive gauge of the dollar’s strength in global markets and is widely used by traders, investors, and policymakers. A rising DXY indicates a stronger dollar, often reflecting investor confidence in the U.S. economy, while a declining index suggests a weakening dollar. The index is closely watched for its impact on commodities, trade balances, and global financial markets.
TVC:DXYShort
by HavalMamar