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USD Index (USX) / US Dollar

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DXY for this week Technical Analysis – Inverse Head & Shoulders with Neckline Retest Current Market Situation The chart shows an Inverse Head & Shoulders pattern, which is a bullish reversal pattern. The neckline has been broken to the upside, providing a strong signal for potential continued bullish momentum. The price is currently in the neckline retest phase, a critical area to confirm the bullish trend before further upward movement. Key Zones Retest Zone (Pullback): 98.300 – 98.700, an important support area. Demand Zone: If price dips further, an additional support zone lies between 97.500 – 97.000. Monthly Trendline: Offers long-term structural support, reinforcing the bullish outlook. Potential Scenarios ✅ Bullish Scenario (Preferred): If the price holds above the retest zone and neckline: Target 1: 101.000 Target 2: 102.500 – 103.500 ⚠ Bearish Scenario (Invalidation): A break below 97.000 invalidates the bullish scenario and opens the door for deeper downside movement. Conclusion The market shows strong bullish potential after confirming the neckline retest. 97.000 is the key invalidation level for the bullish setup. Price action around the retest zone and demand area should be monitored closely before entering trades. ⚠️ Trade at your own risk – We are not responsible for any losses.
TVC:DXYLong
by TradingWithMohamad
DXY bullish trend The market reaction indicates that the economy remains very strong, and there is no immediate need for the Fed or any central bank action. Powell emphasized that any potential rate cuts will depend on the upcoming data, especially the August reports. As a result, the DXY is expected to remain strong and could rise towards the 104.00–106.00 levels. A potential bearish reversal in the DXY would only be likely if there is significant economic deterioration or a clear shift in Fed policy expectations.
TVC:DXYLong
by ProfissionalGoldHntryhunter
DXY with interest rates With interest rates remaining steady, the U.S. Dollar is currently moving in a bullish direction. As shown in the chart, it seems likely that price will break the previous high and form a bullish Quasimodo (QM) pattern. The price may then reach the 50% Fibonacci level. After that, we should wait and observe the market's reaction. If price gets rejected from the 103 zone — especially if accompanied by a rate cut or bearish price action — we could see a sharp decline toward the 95 area. This 95 zone also aligns with a key weekly Fibonacci support level on the Dollar Index. As long as the Federal Reserve maintains its hawkish stance, the U.S. Dollar may continue its upward momentum. However, the 103–104 zone — which aligns with the 50% Fibonacci retracement and a significant supply area — could serve as a strong resistance. If price gets rejected from this area and we simultaneously see signs of a rate cut or weakening U.S. economic data, a trend reversal and corrective phase could begin. In that case, lower targets around 95 or even 93 could become likely in the medium term. good luck
TVC:DXY
by mehdi_kb
DXY | Timeframe: 1MWith the breakout of the downtrend line drawn since 1985 and its breach in late 2014, the DXY index officially entered a relatively stable upward trend and is currently oscillating within a parallel channel. Although, on the monthly timeframe, it has recently touched the lower boundary of the channel, we can expect at least a rise toward the channel’s midline. However, if the lower support of the channel is broken, a static support around the approximate rate of 88 can be considered a notable support level. Should this support also fail, the long-term downtrend dating back to 1985 would be regarded as the most important support for the DXY index. Meanwhile, moving averages such as the MA50, MA100, and other longer-period moving averages serve as dynamic supports along the way. It is also worth mentioning that currently reaching the 120 level is considered an ideal target for the DXY index, and ultimately, it is by breaking this resistance zone that the index can reach its “Utopia”. --------- I will try to continuously update this analysis of the TOTAL symbol according to market changes and developments. Also, I welcome reading your critiques and comments, so don’t forget to leave a comment!
INDEX:DXYLong
by Neomway
DOLLAR INDEX DXYThe U.S. Dollar Index (DXY) is a measure of the value of the United States dollar (USD) relative to a basket of six major foreign currencies. It reflects how strong or weak the dollar is compared to these currencies collectively. The index was created by the Federal Reserve in 1973 The six currencies included in the basket and their approximate weightings are: 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 DXY is calculated as a weighted geometric average of the dollar's exchange rates against these currencies. When the dollar strengthens against this basket, the index rises; when it weakens, the index falls. The index is widely used by traders, investors, and economists to gauge the overall strength of the U.S. dollar in global currency markets and to inform trading and economic decisions. In essence, the Dollar Index provides a standardized barometer of the U.S. dollar's value against its major international trading partners' currencies. The U.S. Dollar Index (DXY) is trading near 98.684 of August 1, Friday market close. July saw the DXY record its first monthly gain in 2025 (rising nearly 1%) as a a result of the demand floor on ascending trendline acting as dynamic support .but selling has resumed at the start of August on ADP data report, the current supply roof presents resistance to upswing capping gains on economic outlook and immigration enforcement concern. Key Fundamental Drivers (August 2025): Fed Policy & Inflation: The Federal Reserve kept rates steady at 4.25–4.50% in July, but persistent inflation (core PCE up to 2.8% YoY in June) and the impact of new U.S. tariffs are keeping rate cuts on hold for now. Tariffs & Trade Policy: Fresh, globally-applied U.S. tariffs announced at the end of July have heightened risk aversion, helped the dollar find support, and stirred inflation concerns—as import price increases feed into core inflation data. Interest Rate Differentials: While the Fed holds rates high, other central banks (especially the ECB and BOE) are signaling further easing. The resulting policy divergence still gives the dollar some support, but large inflows into alternative markets (e.g., eurozone equities, gold, yen) have also pressured the greenback. Safe-Haven Flows: Risk-off sentiment amid trade tension and global policy uncertainty continues to prompt investors to seek the relative safety of the dollar, limiting its downside. Composition: The DXY measures the value of USD relative to a basket of currencies: euro (57.6%), yen (13.6%), pound (11.9%), Canadian dollar (9.1%), Swedish krona (4.2%), and Swiss franc (3.6%). The path ahead depends on upcoming U.S. inflation prints, additional Fed commentary, and how global markets react to ongoing trade disputes and central bank moves. Longer term, The DXY remains under pressure at the start of August 2025 but is showing tentative signs of stabilization just below the key 100 mark. The trend will hinge on Fed policy, global inflation data, and the impact of new tariffs on both inflation and global risk appetite. If buying breaks and close above weekly resistance roof then 104-103 can be reclaimed. trading is 100% probability ,manage your risk and know that any key level can fail. #dollar #dxy #money #eurusd #gbpusd #audusd #usdjpy
TVC:DXYLong
by Shavyfxhub
USD Dollar Index (DXY): Pushing Higher As Forecast!Welcome back to the Weekly Forex Forecast for the week of July 30 - Aug1 In this video, we will analyze the following FX market: USD Index In my last USD video, the forecast was for higher prices. Check the related links below to see that video forecast. It played out exactly as analyzed. The +FVG was used to push for higher prices. The FOMC decision to keep the rate unchanged only pushed it further along. 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:DXYLong
by RT_Money
DXY warning of an incoming bear market?The DXY is into major multifactor support on the weekly timeframe. We have 2 weekly trendlines intersecting right at the 97.00 level. The first connects the highs from March 2020 through the lows of July 2023 to where we are now. The second is much larger and goes all the way back to 2007, connecting the lows from 2007, 2011 and 2021. We could see a major bounce here for months and some companies have reported during earnings that the sole reason for their improved earnings was due to weakness in the dollar. What happens to earnings when the DXY goes back into bull mode???? Time will tell...
TVC:DXYLong
by bradc1984
DOLLAR INDEX The federal funds rate is the interest rate at which U.S. banks and credit unions lend their excess reserve balances to other banks overnight, usually on an uncollateralized basis. This rate is set as a target range by the Federal Open Market Committee (FOMC), which is the policymaking arm of the Federal Reserve. The current target range as of July 2025 is approximately 4.25% to 4.5%. The federal funds rate is a key benchmark that influences broader interest rates across the economy, including loans, credit cards, and mortgages. When the Fed changes this rate, it indirectly affects borrowing costs for consumers and businesses. For example, increasing the rate makes borrowing more expensive and tends to slow down economic activity to control inflation, while lowering the rate stimulates growth by making credit cheaper. The Fed adjusts this rate based on economic conditions aiming to maintain stable prices and maximum employment. It is a vital tool of U.S. monetary policy, impacting economic growth, inflation, and financial markets. In summary: It is the overnight lending rate between banks for reserve balances. It is set as a target range by the Federal Reserve's FOMC. It influences many other interest rates in the economy. Current range (July 2025) is about 4.25% to 4.5%. 1. ADP Non-Farm Employment Change (Forecast: +82K, Previous: -33K) Above Forecast: If ADP employment is much stronger than expected, the Fed would see this as a sign of ongoing labor market resilience. Robust job growth would support consumer spending, potentially keep wage pressures elevated, and could make the Fed less likely to ease policy soon. This reinforces the case for holding rates steady or staying data-dependent on further cuts. Below Forecast or Negative: If ADP jobs gain falls short or is negative again, the Fed may interpret it as a weakening labor market, raising recession risk and reducing inflationary wage pressures. This outcome could increase the chances of a future rate cut or prompt a more dovish tone, provided it aligns with other softening indicators. 2. Advance GDP q/q (Forecast: +2.4%, Previous: -0.5%) Above Forecast: A GDP print above 2.4% signals surprisingly strong economic growth and likely sustains the Fed’s view that the U.S. economy is avoiding recession. The Fed may delay rate cuts or take a more cautious approach, as stronger growth can support higher inflation or at least reduce the urgency for support. Below Forecast or Negative: Weak GDP—especially if close to zero or negative—would signal that the economy remains at risk of stagnation or recession. The Fed may then pivot to a more dovish stance, become more willing to cut rates, or accelerate discussions on easing to avoid a downturn. 3. Advance GDP Price Index q/q (Forecast: 2.3%, Previous: 3.8%) Above Forecast: A significantly higher-than-expected GDP Price Index (an inflation measure) points to persistent or resurgent inflationary pressures in the economy. The Fed might see this as a reason to delay cuts or maintain restrictive rates for longer. Below Forecast: If the Price Index prints well below 2.3%, it suggests that inflation is cooling faster than anticipated. This outcome could allow the Fed to move toward easing policy if other conditions warrant, as price stability is more clearly in hand. Bottom Line Table: Data Surprises and Likely Fed Reaction Data Surprise Fed Outlook/Action All above forecast Hawkish bias, rate cuts delayed or on hold All below forecast Dovish bias, higher chances of rate cut Mixed Data-dependent, further confirmation needed Summary: The Fed’s interpretation hinges on how these figures compare to forecasts and to each other. Stronger growth, jobs, and inflation = less rush to cut; weaker numbers = lower rates sooner. If growth or jobs are especially weak or inflation falls sharply, expect more dovish Fed commentary and a greater likelihood of future easing. Conversely, if the data all surprise to the upside, hawkish (rate-hold) messaging is likely to persist. The U.S. Dollar Index (DXY) is a financial benchmark that measures the value of the United States dollar relative to a basket of six major foreign currencies. It provides a weighted average reflecting the dollar's strength or weakness against these currencies. The DXY is widely used by traders, investors, and economists to gauge the overall performance and health of the U.S. dollar on the global stage. Key Features of the DXY: Currencies included and their weights: Euro (EUR) – 57.6% Japanese Yen (JPY) – 13.6% British Pound (GBP) – 11.9% Canadian Dollar (CAD) – 9.1% Swedish Krona (SEK) – 4.2% Swiss Franc (CHF) – 3.6% It was established in 1973 after the collapse of the Bretton Woods system to serve as a dynamic measure of the dollar's value. The index reflects changes in the exchange rates of these currencies versus the U.S. dollar, with a higher DXY indicating a stronger dollar. The DXY influences global trade dynamics, commodity prices (like oil and gold), and financial markets. It is calculated as a geometric mean of the exchange rates weighted by each currency's significance in U.S. trade. #DXY In essence, the DXY is a crucial tool to assess how the U.S. dollar is performing against its major trade partners’ currencies, helping market participants make informed decisions in foreign exchange and broader financial markets.
TVC:DXYLong
by Shavyfxhub
DXY Approaching Key Resistance — Trend Reversal Ahead?The DXY is forming a strong base at the bottom, showing clear signs of accumulation after a long downtrend. Price has started pushing upward and is now approaching the secondary resistance line. A breakout here could open the path toward the primary resistance zone, which has capped rallies in the past. The RSI is also trending higher, supporting this potential move. If bulls clear the red resistance line, momentum could accelerate quickly. DYOR, NFA
TVC:DXYLong
by unichartz
DOLLAR INDEXDepartments Responsible for Each Economic Report Indicator Responsible Department/Source Average Hourly Earnings m/m U.S. Bureau of Labor Statistics (BLS), part of the Department of Labor Non-Farm Employment Change BLS (Establishment Survey) Unemployment Rate BLS (Household Survey) Final Manufacturing PMI S&P Global/Markit (private company) ISM Manufacturing PMI Institute for Supply Management (ISM, private sector) ISM Manufacturing Prices Institute for Supply Management (ISM) Revised University of Michigan (UoM) Consumer Sentiment University of Michigan (private/public university) Construction Spending m/m U.S. Census Bureau, Department of Commerce Revised UoM Inflation Expectations University of Michigan How the Federal Reserve Interprets “Greater Than” or “Lower Than” Forecast 1. Average Hourly Earnings, 2.Non-Farm Payrolls, 3. Unemployment Rate Higher than forecast (stronger labor market): Tight labor markets (higher wages, more jobs, lower unemployment) suggest inflationary pressure. The Fed may view this as a signal to keep rates higher for longer, as wage and job growth could fuel inflation. Lower than forecast (weaker labor market): Signals cooling in employment and wage growth, reducing upward pressure on inflation. The Fed may see this as justification to consider easing policy or at least pausing further rate hikes. 2. Manufacturing PMIs (ISM, S&P) Above 50: Signals expansion in manufacturing; below 50 indicates contraction. Higher than forecast: Points to stronger economic momentum; the Fed may see upside risks to inflation. Lower than forecast: Indicates weaker manufacturing activity; a possible sign of slowing demand, which could support rate cuts or dovish policy if persistent. 3. ISM Manufacturing Prices Higher than forecast: Suggests inflationary pressures in manufacturing input costs; Fed interprets this as a reason for vigilance on inflation. Lower than forecast: Implies easing input price pressures, supporting a dovish outlook if inflation remains subdued. 4. University of Michigan Consumer Sentiment & Inflation Expectations Stronger than forecast sentiment: Consumers are more optimistic, often a sign of solid spending potential. May amplify inflation if this leads to greater demand. Higher inflation expectations: If consumers expect higher future inflation, this can become self-fulfilling and the Fed may maintain tighter policy. Weaker sentiment/lower inflation expectations: Reduces inflation risk, gives the Fed more flexibility to ease if needed. 5. Construction Spending Higher than forecast: Indicates resilient investment and demand in the real economy. Lower than forecast: Suggests cooling real estate and infrastructure spending; may support a dovish Fed outlook if sustained. Summary Table Data Surprises Interpretation for Fed Policy Higher-than-forecast More hawkish; raises risk of persistent inflation Lower-than-forecast More dovish; reduces pressure to hold rates higher The Fed looks at the overall pattern across these data. Persistent upside surprises heighten concerns about inflation, supporting tighter policy. Downside surprises suggest cooling economic momentum and may encourage future rate cuts or pauses. The relative impact depends on which indicators surprise and the broader economic context. #DXY #DOLLAR
TVC:DXYLong
by Shavyfxhub
DXY Surge Pressures Currency Market in Volatile Market WeekThe US Dollar Index (DXY) has held its rebound off historical support zones on both the price chart and the RSI indicator throughout July. The monthly RSI is bouncing off a support line extending between the troughs of 2008 and 2020. Meanwhile, price action is rebounding from a support trendline that connects the lows of 2008, 2014, and 2021, within the 96–94 zone. Bearish Scenario: A solid close below this support zone may confirm a long-term bearish signal, potentially pushing the index toward the 94 and 90 levels. Bullish Scenario: A confident move above 100 and 103 could signal a reversal in the currency market, potentially leading the DXY back toward the mid-range of the long-standing channel between 105 and 107, originating from the 2008 lows. Written by Razan Hilal, CMT
TVC:DXY
by FOREXcom