DXY correction coming to an end?We see a contracting diagonal forming on DXY. Could this be the end of the correction and continuation of for the next wave?
USXUSD trade ideas
DXY - Looking to Big PictureWhen we look back, when Trump first came, Dxy showed a 5.5% increase, Dxy goes to 103.5. And Trump Dxy is too expensive, the dollar is too expensive, it should fall, the statements started. Then Dxy's 14% decrease went to 88.5. Now Dxy is around 102.
I bought it directly as a fractal from August 15, 2016. If Dxy comes to around 104 until the election, the rapid increase with Trump's arrival corresponds to 110s. It has been an expected area for a long time and when Trump Dxy is at 110s, similarly, if the decrease starts with him saying the dollar is too expensive, it goes to 94s, fractal.
Here, my hopes begin and I say that it is still expensive at those levels, we will go down to 86s. This means a 4-year never-ending mega bull.
I applied the same fractal to the euro, and the much-anticipated 1.02s are here again. If I can get a fund, I will look for swing shorts at 1.12s. The fractal and events looked pretty good to me. It also fit the channel nicely.
FX:EURUSD
DXY - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Let me share my personal view on the DXY (Dollar Index) with you.
Based on the chart, I expect DXY to move upward after completing a 78% pullback and reaching the 108.010 level. From there, I anticipate the price to rise toward the range of 110.668 to 110.877.
However, if DXY breaks below the 107.500 level in the 1-hour timeframe, I expect it to move downward toward the range of 106.663 to 106.174.
📉 Expectation:
Bullish Scenario: Upward move to 110.668–110.877 after holding 108.010.
Bearish Scenario: A break below 107.500 targeting 106.663–106.174.
💡 Key Levels to Watch:
Resistance: 110.668, 110.877
Support: 107.500, 106.663, 106.174
💬 What’s your outlook on DXY this week? Let me know your thoughts in the comments!
Trade safe
DeGRAM | DXY downturn in the channelThe DXY is in an ascending channel between the trend lines.
The price is moving from the dynamic resistance, which previously acted as a pullback point.
The chart has formed a harmonic pattern.
We expect the continuation of the decline in the channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
The Questions That Matter, How, What and WhenTrading Into Key Areas: The Questions That Matter, How, What and When
📌 "Price has reached a key level—now what?"
Many traders fixate on areas where price should react but fail to ask why it might react or how it arrived there. To improve decision-making, we need a structured approach that goes beyond simply marking levels on a chart.
But understand this—trading is not merely about lines on a chart. It is about navigating complexity with clarity. The market is a vast, dynamic system, governed by the collective psychology of its participants. If you fail to structure your thinking properly, you will become lost in randomness, reacting emotionally instead of acting with discipline.
Let’s impose order on the chaos.
The Three Critical Questions
✅ 1. How did price arrive?
A slow, controlled approach (efficient) suggests institutional order flow—the kind of deliberate, structured movement that signals purpose.
A rapid, impulsive move (inefficient) hints at imbalances that may need correcting—gaps in liquidity that create instability.
Has liquidity been built up or absorbed? Markets, like nature, do not tolerate inefficiency forever.
✅ 2. What are our expectations?
Are we reacting to a level just because it looks right? Because it feels right? Beware of the trap of wishful thinking—price does not care what you believe.
Does this area align with broader market structure (e.g. range extremes, supply/demand zones)?
Are we leaning on experience or just bias? Are we seeing what is there, or only what we want to see?
✅ 3. What time has price reached this area?
Session timing matters—a reaction at a level during the London Open carries more weight than during low-volume periods.
Upcoming data releases can shift sentiment instantly—are you trading ahead of event risk, or blindly walking into volatility?
Trade With Logic, Not Emotion
The market is a relentless teacher, and those who refuse to ask the right questions will be punished accordingly. When price reaches a key area, think before reacting. Ask yourself:
"Am I trading the market as it is, or as I wish it to be?"
Because the difference between success and failure in trading is the difference between seeing reality for what it is and being blinded by your own assumptions.
⚡ Question: Do you have a checklist for trading key levels? Feel free to comment!
DXY H4 - Long Signal DXY H4
Leading on from yesterday, we have encountered our 'trend support' as identified from 107.500 price. We are simply hoping to see price bounce from this zone and continue upside.
This would support our outlook on ***USD shorts and stock indices etc.
US DOLLAR INDEX (DXY): Important Bearish BreakoutThe DOLLAR INDEX has dropped below an important level of support and has now become a significant resistance.
With the pair in a bearish trend, we can anticipate this downward movement to continue. The target price is 107.12.
DXY Rejection at Key Resistance – Potential Drop AheadThis chart of the U.S. Dollar Index (DXY) on the 4-hour timeframe shows a strong rejection from the highlighted resistance zone around 109.800–110.000.
Key Observations:
- Rejection at Resistance: Price attempted to break above but faced strong selling pressure, leading to a rejection.
- Possible Downtrend Formation:** The price could now move lower, targeting the 1st target zone (~109.100–109.136) and potentially the **2nd target zone (~107.500–107.480)** if the bearish momentum continues.
- Break of Structure (BoS) & Change of Character (ChoCh): The previous market structure shifts indicate potential reversals, supporting the idea of a bearish move.
Conclusion:
A pullback from resistance suggests a possible downside move. If price fails to reclaim the resistance zone, a sell-off towards the marked targets seems likely. Watch for confirmation near the 1st target to assess continuation or reversal.
Dollar Index (DXY): Recovery Continues
Dollar Index may continue recovering today.
A bullish breakout of a falling parallel channel on an hourly
indicates a local strength of the buyers.
Goals: 107.77 / 107.85
❤️Please, support my work with like, thank you!❤️
Levels discussed on Livestream 5th Feb 20255th Feb 2025
DXY: Trading lower, needs to break 107.50 to retest 107 round number support level.
NZDUSD: Wait and look for reaction at 0.57 resistance area
AUDUSD: Buy 0.6280 SL 25 TP 80 (hesitation at 0.6325)
GBPUSD: Buy 1.2530 SL 30 TP 80
EURUSD: Sell 1.0440 SL 30 TP 100
USDJPY: Looking for reaction at current support level. Buy 154.10 or Sell 152.30 (SL 40 TP 120)
EURJPY: Buy 160.10 SL 60 TP 120
GBPJPY: Nothing for now
USDCHF: Downside to 0.8980, no H1 setup
USDCAD: Sell 1.4280 SL 40 TP 150
XAUUSD: Hit my TP at 2865, could retrace to 2841 before trading higher again to maybe 2900
Could the dollar reaches 120 level again ?Debt as Robert Kiyosaki said can be a double edge sword. On a consumer level, if you have outstanding loan , say credit card debts , it is 24% per annum and paying the minimum would be disastrous.
However, on a national level, the government has several tools to play around to minimise their debts. Thus far, I have not heard of any countries that are debt free. It seems as the economy gets better, the more debts the countries got itself into.
The government debt for US is already in trillions and I believe Trump would be printing money soon! And the irony is with more US dollars floating in the market, should its currency not come tumbling down? After the Financial Crisis in 2009, the US dollar has never been stronger , riding on more than a decade of uptrend move.
We must not forget the fact that the US dollars remain a "safe haven" asset to many and when inflation hits US, this would be an asset class that is going to be snap up by the institutions.
Consumers in US would be paying higher price with the tariffs that other countries are imposing to counteract Trump's tariffs. Feds want to bring the inflation rate to 2% and at current rate of 2.89, it has quite a journey to travel.
So , if the inflation rates continues to climb from 2.89, then the Feds will be force to increase its interest rates once more to cool down the economy. Very simple right ? With higher interest rates, consumers would want to hold more cash at bank to earn the interest and spend less, thus lowering the demand of goods and services and making the suppliers/sellers to reduce their price and thus lower inflation.
Let's watch and see over the next few months on how the dollars performance will turn out .
DXY Trading JournalDXY Trading Journal
Feb 6
Well I was wrong yesterday in my analysis. Why?
I was following the premium to discount logic, and also so new that not seeing HTF institutions order flow.
Feb 5 note
"My logic says if price takes out the noted sell side liquidity it should react and seek the 50 level at 108,000, and yet it could just keep seeking lower prices."-yesterdays quote.
Price lowered to below the 50 level wicked through the weekly BISI/volume imbalance from Jan 27 also coming to the .618. on the daily chart.
The previous range is in a discount. I would suspect that Price could seek higher Prices to rebalance the hourly FVG and the equal highs. If price comes to the 107.775-107.820 for the London session and seek lower prices in NY.
Could the price bounce from here?US Dollar Index (DXY) is falling towards the pivot which is an overlap support and could bounce to the pullback resistance.
Pivot: 107.14
1st Support: 106.57
1st Resistance: 108.11
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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.
DXY on the verge of a bearish reversal - The Trump EffectDXY has finally started to give bearish indications from HTF monthly supply and i think history is likely to repeat itself here, similar to trumps last term, where he wanted to weaken the dollar and is wanting to do the same again this term! With this in mind, the technicals are also aligning with this thesis as DXY looks more and more topped out as it hits crucial key levels and supply, giving breakdowns from the daily timeframes.
Its gave a 1,2 and 3 day bearish MS, confirming the monthly supply with this bearish breakdown. From here I want to see continued downside momentum into a weekly bearish MS as marked up on the chart with a body close below this level to really give HTF confirmation of this HTF reversal from supply, leading to a full bearish reversal in DXY and a changed macro outlook as EU, GU, AU all flip bullish on their HTF, fuelling a continued bullish phase in BTC as DXY breaks down with their inverse correlation they hold.
Id expect to see DXY target the SSL on the HTF range lows and come into HTF 6 month and 1 year demand ranges below this to act as key HTF reversal levels in the future. If we see the 1 weak bearish structure flip in DXY from here, its likely we start a new HTF downtrend in DXY for the foreseeable until it hits the SSL on the range lows as a minimum, which will result in a positive outlook for crypto.
Trump has also publicly stated he wants to weaken the dollar and did so in his last term too, where the dollar pulled a HTF bearish reversal putting in the high and starting a bear trend for the following 400 days after his entrance to office as you can see on the chart. This only supports the HTF bearish reversal and thesis here and what im seeing on the charts!
Weakening of the dollar results in many benefits to the USA and global economy:
Trump's push for a weaker dollar boosts U.S. exports, reduces the trade deficit, and makes debt easier to manage by inflating it away. It also drives stock market growth and attracts foreign investment into U.S. assets. However, it risks higher inflation and weaker purchasing power.
For crypto, a weaker dollar is typically bullish—investors seek alternative stores of value like Bitcoin and gold to hedge against currency devaluation. A falling USD also fuels liquidity into risk assets, driving higher speculation in crypto markets. If Trump weakens the dollar aggressively, BTC and alts could see significant upside.
Greenback Today's ISM services led to profit taking in the dollar. Strong Us economic data is key in the coming months. interesting if we can break and retest above Jan 2, 2025, high of 109.40. On another front, the relative strength index is now beginning to cross below 50. failure to defend the 108 area would then depreciate to a price of 105.50, a major structural support zone, and this area is the bull's last line of defense. I am using the September 2024 low as my Fibonacci guide.
DXY Risky Long! Buy!
Hello,Traders!
DXY has been making some
Pretty wild moves on the
Recent geopolitical news
Lately so we need to be
Trading this index with
Caution, however, the
Dollar index is approaching
A horizontal support of 107.000
From where we will be
Expecting a local
Bullish correction
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Dollar index in a bullish daily channel, only doing correction?Drawing out our analysis from a daily time frame we can see the dollar index still in a clear rising uptrend channel. What we currently experiencing could be seen as a correction move after the steep bull move.
If price respects the channel the dollar index could potentially see some bull rally soon.
However, if it breaks the channel,then only my bias would change.
Mighty DollarDxy on Friday saw a rejection of 105.40 with jobs report reading of 227k beating October print of -28k closing the week at 105.97 this area is interesting because of a higher low from rally on November 24. looking ahead cpi on Wednesday could provide fresh direction. capturing a move above 106.35 could approach Fibonacci retracement 0.618 at 107.05 and 0.706 Fibonacci at 107.27. Trade at your own risk.
DXY US Dollar Index Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰🐱👤
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the DXY US Dollar Index Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise placing Sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high or low level should be in retest.
Stop Loss 🛑: Thief SL placed at 108.500 (swing Trade) Using the 2H period, the recent / nearest low or high level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 106.000 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
DXY US Dollar Index Market is currently experiencing a Bearish trend., driven by several key factors.
🟦Fundamental Analysis:
- The US Dollar Index (DXY) has been under pressure due to the contraction in JOLTS job openings, indicating a tightening job market
- The Federal Reserve's monetary policies, geopolitical stability, and global acceptance of the dollar as a reserve currency contribute to the dollar's strength
- A strong economy with high productivity, low unemployment, and stable inflation provides a foundation for strengthening the dollar's position
🟫Macro Analysis:
- The US economy is expected to remain strong, with low unemployment and stable inflation, supporting the dollar's value
- Global trade tensions and geopolitical instability may impact the dollar's value, but its status as a reserve currency provides stability
- Interest rate decisions by the Federal Reserve will influence the dollar's value, with potential rate cuts impacting its strength
🟪Sentimental Analysis:
- 60% of client accounts on IG are long on the US Dollar Index, indicating a bullish sentiment
- However, the recent contraction in JOLTS job openings and potential Fed rate cuts may lead to a bearish sentiment
🟧COT Analysis:
- The latest Commitment of Traders (COT) report shows that speculators are net long on the US Dollar Index, indicating a bullish sentiment
- However, the report also shows that commercial traders are net short, indicating a potential bearish sentiment
🟨Positioning:
- Corporate traders may consider hedging their exposure to the US Dollar Index due to potential volatility
- Investor and hedge fund traders may consider going long on the US Dollar Index due to its potential strength, but should be cautious of potential rate cuts and geopolitical instability
- Institutional traders may consider diversifying their portfolios to minimize exposure to the US Dollar Index
- Retail traders should exercise caution when trading the US Dollar Index due to its potential volatility and should consider using proper risk management strategies
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
DXY Will Go Up From Support! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 107.486.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 108.791 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!
DXY Trading JournalDXY Trading Journal
Feb 5
Price actions wild rally on Sunday to swipe the buy side and then has been energetic to rebalance the damage.
Yesterday Price had a run on stops and rebalanced recent inefficiencies, in a distribution cycle. Price rebalanced Sundays and Mondays inefficiencies.
Price is in Premium on W, and Daily chart coming to the 50 level and is still rebalancing a HTF Weekly SIBI.
The range Price is trading in seems to be in deep discount just below the .70 level. Equal lows sell side and volume imbalance could be the magnet if price seeks lower prices.
I would say for the day Price is in a double discount. Asia has opened in a discount on the range and energetically came to the 50 and lowered and for the moment continuing its seeking of lower prices.
My logic says if price takes out the noted sell side liquidity it should react and seek the 50 level at 108,000, and yet it could just keep seeking lower prices.
Non farm payroll week with PMI today in NY session.
Follow your rules, stay out unless your complete model lines up.
The Stablecoin Revolution: Is the Dollar's Reign Over?
The Future of the Global Cryptocurrency Market: Navigating the Rise of Stablecoins and the Shifting Sands of Global Finance
The cryptocurrency market has exploded in popularity over the past decade, evolving from a niche interest to a global phenomenon. While Bitcoin remains the dominant player, the landscape is rapidly diversifying, with stablecoins like USDC and Tether playing an increasingly crucial role. This article explores the future of the global cryptocurrency market, examining the growing influence of stablecoins and their potential impact on the traditional financial system, particularly in relation to the US dollar and the DXY index.
The Rise of Stablecoins: Bridging the Gap Between Crypto and Fiat
Stablecoins are cryptocurrencies designed to maintain a stable value, typically pegged to a fiat currency like the US dollar. This stability makes them attractive for everyday transactions and as a safe haven within the volatile crypto market. USDC and Tether are the two largest stablecoins, with market capitalizations in the tens of billions of dollars.
The appeal of stablecoins lies in their ability to combine the benefits of cryptocurrencies – such as speed, low transaction costs, and 24/7 availability – with the stability of traditional currencies. This makes them ideal for a variety of use cases, including:
• Remittances: Sending money across borders using stablecoins can be faster and cheaper than traditional methods.
• Payments: Stablecoins can be used for everyday purchases, both online and in physical stores.
• Trading: Stablecoins provide a stable asset for traders to use when navigating the volatile cryptocurrency market.
• Decentralized Finance (DeFi): Stablecoins are a key component of DeFi protocols, where they are used for lending, borrowing, and trading.
The Impact on the US Dollar and the DXY Index
The growing adoption of stablecoins has raised questions about their potential impact on the US dollar and the DXY index, which measures the dollar's strength against a basket of other major currencies. Some analysts believe that the widespread use of stablecoins could weaken the dollar's dominance in global trade and finance.
However, it's important to note that most stablecoins are currently pegged to the US dollar. This means that their value is directly tied to the dollar's performance. As a result, the rise of stablecoins could actually strengthen the dollar's position in the short term.
In the long run, the impact of stablecoins on the dollar will depend on several factors, including:
• Regulation: Governments around the world are beginning to pay close attention to stablecoins. The regulatory frameworks that are developed will play a significant role in shaping the future of these digital assets.
• Adoption: The widespread adoption of stablecoins will be a key factor in determining their impact on the dollar. If stablecoins become a major force in global finance, they could challenge the dollar's dominance.
• Competition: The emergence of other stablecoins pegged to different currencies, or even central bank digital currencies (CBDCs), could reduce the reliance on dollar-pegged stablecoins.
Opportunities and Challenges in the Cryptocurrency Market
The future of the cryptocurrency market is full of opportunities and challenges. The continued growth of stablecoins is likely to play a significant role in shaping this future. Other key trends to watch include:
• Institutional adoption: More and more institutional investors are entering the cryptocurrency market. This is bringing increased legitimacy and liquidity to the market.
• Technological innovation: The cryptocurrency market is constantly evolving, with new technologies and applications being developed all the time. This innovation is driving the growth of the market.
• Regulatory clarity: As governments around the world develop clearer regulatory frameworks for cryptocurrencies, this will help to reduce uncertainty and encourage further adoption.
However, there are also challenges that the cryptocurrency market must overcome, including:
• Volatility: The cryptocurrency market remains highly volatile, which can make it risky for investors.
• Security: There have been a number of high-profile hacks and scams in the cryptocurrency market, which have raised concerns about security.
• Environmental concerns: The energy consumption of some cryptocurrencies, such as Bitcoin, has raised concerns about their environmental impact.
Conclusion
The future of the global cryptocurrency market is bright, with stablecoins playing an increasingly important role. While the impact on the US dollar and the DXY index remains to be seen, it's clear that stablecoins are changing the landscape of global finance. As the market continues to evolve, it will be important to keep an eye on the latest developments and to be aware of the opportunities and challenges that lie ahead.
DXY update#DXY made a super rise 2 days ago due EUR drop !
this super rise made a huge gap in EURUSD chart and also DXY chart its self !
the gaps are filled and now we can see the main trend which is a remaining down spike in DXY it can make the next rise whenever hit the demand zone
