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DXY trade ideas

$dxy 103.65 stoch topped out and assuming we cross it to the downside and loose 103.65 to start the acceleration to the downside alternatively flip yellow line and breaking out would be no bueno assuming it does start its descent would be a life saver for quite a few currency which have been struggling and give some relief along with making those countires more attractive to invest in with a currency on the up . should be fun to see what happens either way took 12 years for the rsi to come here so not going to happen overnight hence the max zoom out.
TVC:DXYShort
by CompoundingGain
Highlights of J.Powell's monetary policy testimony1. Interest rate outlook: Reiterating that there is no need to rush to adjust interest rates. If the economy remains strong and inflation does not get close to 2%, policy can remain prudent for longer. If the labor market weakens unexpectedly or inflation falls more than expected, policy could be loosened modestly. 2. Inflation situation: Long-term inflation expectations appear solid. Inflation is close to the 2% target, but still a bit high. Focus on achieving your dual goals. The Fed's framework review will not focus on inflation targeting. 3. Labor market: Unemployment rate remains low and stable. The labor market situation has cooled after the previous overheating period and remains solid, not becoming a source of inflationary pressure. The labor market situation in general remains balanced. 4. Banking supervision: Commit to adjusting banking supervision activities, avoiding creating excessive burdens for banks. It is necessary to reconsider the "non-bank" issue. Committed to the ultimate goal of completing Basel III. 5. Long-term interest rates: The Federal Reserve cannot control long-term interest rates, and the reason long-term interest rates are high has nothing to do with Federal Reserve policy. Long-term interest rates are determined by supply and demand in the bond market. 6. Tariff issue: I still maintain my previous view that countries implementing free trade will have faster economic growth. The Federal Reserve declined to comment on the Trump administration's tariff policy. 7. Housing issues: Fannie Mae and Freddie Mac may lower mortgage rates. Even as interest rates fall, the housing shortage continues. It is unclear whether interest rate cuts will lead to a reduction in housing inflation. 8. Other highlights: If the Consumer Financial Protection Bureau (CFPB) is shut down, there will be a gap in consumer compliance protections. There is no possibility of launching a central bank digital currency.
TVC:DXY
by Xayah_trading
DXY is bearish, dont be caught off guardI've been saying this since beginning of this year. I've given macro reasons. The chart is also reflecting it now. Monthly time frame Dxy on the monthly formed an indecison candle. I'm expecting February to close bearish to complete the formation of evening star. Wkly time frame A close look at the weekly timeframe will show a double top forming. And it formed after taking a critical high. And evening star has already formed here. Last week price action caused a retest and rejection from the zone Daily time frame Now the daily time frame is filled with patterns pointing downwards. We start with a 3 drive pattern that has been broken to the downside. Last weeks price action offered a retest and has also moved away from it with impulse. We can also see a classic head and shoulder pattern. Some may be seeing double top depending on how you draw it. Market has also been following a trendline since 30th September,2024. The trendline has been broken, retested and moved away from with impulse. In all, the trend is down. I wonder how you guys are missing all this Now, I know you may be confused as a result of Trump's policies and sanctions and actions and inactions. fear not, he did the same in 2017, he wants dollar to be weaker to ease purchase for average Americans. The only thing he will offer is crazy spikes. That's all The market has already recovered from his tariff shenanigans. It's all an illusion, a fugazi to swerve you from what is really happening, dollar will be weak. At least till 4th quarter of this year. My target is still 100. Let's see how it goes You can use any of your strategy to look for buy in cross pairs like EUR ang GBP I will also send some for you guys, just follow me to see it on time cos I mostly enter with buy order and not limit order. Udo diri unu
TVC:DXYShort
by UGBOR
Dollar Index - Trump & TariffsWith a lot of fundamental conflicts at play, one being the tariffs war on China, EU, Mexico and Canada (we don’t know yet if any more countries will be affected), we are seeing the result in price action. We are trading in a range from 110.176 - 106.969 and so far, Dollar has managed to support the weekly BISI @ the 107.500 region but also trade up to and reject the 109.770 HTF PD array. Ultimately, it will be fundamental news that will grant dollar the necessary volatility to run to liquidity pools. My guess, to the downside
TVC:DXYShort
by LegendSince
China - U.S. Tariff Trade War!🩸China has slapped the U.S. with 10% tariffs on Energy products & automobiles as a retaliation🩸 China’s tariffs on U.S. energy & cars will hurt American exporters by reducing demand & pushing down prices, affecting profitability. Energy producers may struggle with oversupply, while automakers like Tesla and Ford face declining sales in China. The move escalates U.S.-China trade tensions, discouraging investment and increasing market volatility. While lower energy prices could help inflation, job losses in key industries may offset any benefits. U.S. policymakers might respond with countermeasures. If tensions rise further, a broader trade conflict could emerge, increasing risks for the global economy.
TVC:DXY
by BA_Investments
A bullish DXY I think the dollar index TVC:DXY is gonna go higher coz of the recent price action. On the daily timeframe, we had a BOS and price created a swing failure as we couldn't close above the previous month's high. Price then retraced, took out internal range liquidity, tapped into a higher timeframe POI and reacted bullish (CISD). NFP triggered buy entries from the 4H OB, which rested below the pdl. Besides, the unemployment rate data indicates strengthening of the dollar as the rates have decreased from 4.3% to 4.0% in the past 6 months. I am confident jobs are increasing in the United States and unemployment rates will decrease
CAPITALCOM:DXYLong
by Fx-Eddie
DXYThe U.S. Dollar Index (USDX), also known as DXY, DX, or informally the "Dixie," measures the value of the U.S. dollar relative to a basket of six foreign currencies. It was created by the U.S. Federal Reserve in 1973 after the Bretton Woods system ended. The index rises when the U.S. dollar gains strength compared to other currencies and falls when it weakens. The USDX is calculated as a geometrically weighted average of the following currencies. Euro (EUR): 57.6% Japanese Yen (JPY): 13.6% British Pound Sterling (GBP): 11.9% Canadian Dollar (CAD): 9.1% Swedish Krona (SEK): 4.2% Swiss Franc (CHF): 3.6% The value of the U.S. Dollar Index is influenced by the demand and supply of the U.S. dollar and the component currencies. Currency demand is affected by several factors, including monetary and trade policy, economic growth, inflation, geopolitical events, and financial market sentiment. As of February 5, 2025, the U.S. gross national debt is $36.22 trillion8. On January 2, 2025, the debt limit was reinstated at $36.104 trillion. The United States breached the debt ceiling on January 21, 2025. Here's how the debt may affect the U.S. government in the future: Growing interest payments The Congressional Budget Office (CBO) projects that interest payments will total $952 billion in fiscal year 2025. Interest payments are projected to rise rapidly throughout the next decade, climbing to $1.8 trillion in 2035. Strain on essential programs Programs that millions of Americans depend on may be squeezed by interest costs on the national debt. Slower economic growth Unsustainable debt levels may lead to slower economic growth and increase the chances of a fiscal crisis. Limited resources Larger explicit debt means more future receipts devoted to debt service, reducing funds for public goods and services. Fiscal policy challenges The U.S. faces several fiscal policy challenges in 2025. Increased borrowing costs The government's annual spending on net interest has more than tripled . Unsustainable path The federal government is on an unsustainable fiscal path that poses serious economic, security, and social challenges if not addressed. Growing Deficits The U.S. is projected to run a federal budget deficit of $1.9 trillion in fiscal year (FY) 2025. High percentage of GDP Publicly held debt is projected to grow more than twice as fast as the economy, reaching 200% of the size of the economy by 2047. many Americans don't know and don't see what is coming, its bigger than them . disclaimer; trade at your risk and manage your risk, if you find yourself in a bad trade try as much as possible to come out of it.
TVC:DXY
by Shavyfxhub