Dollar Index has made the break out!#DXY #dollarindex broke the bullish diamond pattern and trend line resistance. The chart seems bullish. If TVC:DXY does not unclaim this breakout, there' ll will serious corrections in markets, soon.Longby naphyse113
USDX,DXYUSDX price is near the important support zone 100.68 - 99.89. If the price cannot break through the 99.89 level, it is expected that the price will rebound. Consider buying 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!Longby Serana2324Updated 2215
Dollar and Trump's WinHi, looking for dollar progression in coming years most are saying that election result gives dollar a push, for me it's following the pattern Dollar/dxy is following 2 patterns/ channels one is falling one and other is rising one , so 1st question is whether it choose the continuation of the downward channel or break it and choose to continue with the rising channel , patterns are showing some important level for the coming years in case dollar/dxy continue to follow the patterns , well it depends on the market will post sub-analysis in the comment section with further deep analysis shortly by omvats1Updated 3
This is the only Dollar chart you’ll need for 2025The current strong recovery of the US dollar is largely Trump-related, as his policies suggest that the economy could expand, potentially leading to higher inflation and rates to counteract it. It’s important to recognize that this move since the end of October is a type of euphoria or optimism surrounding Trump. However, once Trump actually takes office, we may see new flows and trend directions emerge. In Trump’s previous term, the dollar turned lower quite aggressively, topping in December 2016/ January 2017. I’m wondering if we could see a similar price action this time. In Elliott wave terms, we should definitely be aware of a potential reversal. Looking at the current chart, we see five waves down followed by an ABC recovery—the most basic and clear Elliott wave structure. The five-wave decline signals a bearish trend starting in 2022/23, and the current pause could set up for another drop in the dollar. Always when you track a correction or a counter-trend move, watch for a three-wave pattern before concluding that the dollar has reached a resistance point. Currently, wave C is still ongoing, possibly in its late stages, though it hasn’t yet reached the 108 level, which is likely an important reversal area. This zone aligns closely with the 61.8% Fibonacci level, a key for the final stages of corrective retracement. To me, this suggests that the dollar could potentially sell off next year. Now, you may be wondering what this means for other markets. It depends on the catalyst behind the dollar’s turn. If a recession triggers it, stocks might also face downside pressure. Alternatively, if the dollar weakens due to extreme inflows into other assets, particularly stocks, then equities could continue pushing higher. A lot of of money is still on the sideline, and is likely waiting for new opportunities, and if stocks will keep pushing up, funds could shift from the dollar to stocks, potentially creating a blow-off top. This could mean that 2025 might be an “interesting” year for stocks, with potential for a major reversal. Gregaby ew-forecast12
Shorting the Dollar: A Madman's GameI’m going to take this trade—it's close enough to the level where it would invalidate my idea. I may tighten my stops a bit, but I’m okay with taking a second shot later if I get stopped out. The Dollar is indeed strong right now, so I’m going against the trend here. I’ll be aggressively taking profits if it dips a bit. If we push past 106.75, I might consider shorting it. This price action is looking very similar to the July-September 2023 move. TVC:DXYShortby ZelfTradeUpdated 3313
US Dollar MilkshakeYou might not understand it. You might not even like it. But it is happening! #USdollarby Badcharts3315
DXY_INDEX_1D&1Whello Analysis of the US dollar index Mid-term and long-term time frame Elliott wave analysis style The index in wave C is an upward correction. Wave C consists of 5 ascending waves. We are currently at the end of wave 5, and the resistance of this wave can be considered as the range of 107.180 and 108.960.by Elliottwaveofficial225
DXY: Move Down Expected! Sell! Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 106.703 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals223
DXY (USDOLLAR) - Correction Wave Pending US Dollar is nearing completing Wave 1 and should go in correction for Wave 2 before loading a big Wave 3. Overall bias is Bullish due to many macro factors. This should provide a clarity on how other pairs will behave. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Longby MarketsPOV4
$DXY- thougtsretest or deviate back insane strength from the dollar this was my last line before we go for 109.288 which is the trend line of the multi year pennant still recon this deviates back down Silver doing a sweep hopefully of $30 would like to see this nuke and that reverse soon . by CompoundingGain112
DXY Potential Rally to 108: High-Probability Setup with FVG The DXY is currently positioned around 105, showing momentum to potentially push up to the 108 region. This area features a high-probability Fair Value Gap (FVG) on the daily and weekly timeframes, providing a strong confluence zone. Price previously failed to sustain on the monthly OB, indicating a move towards the buyside liquidity above this PD array. Should we see price react at the 108 FVG, it could present a reversal opportunity, especially given the alignment with overlapping daily and higher timeframe FVGs. However, if bullish momentum continues, this setup may also lead to further liquidity grabs. Always remember: DYOR (Do Your Own Research).Longby INSIDER_INTEL2
Bullish DXYMinor descending channel Major descending channel Ranging/consolidating market Channel within channel and a market ranging waiting to break to the upsede or downside. For my two pence I will stick to a bullish DXYLongby rejoicem76Updated 4
Bullish DXYBullish Pinbar candlestick, Daily timeframe Bullish Spinning top candlestickULongby rejoicem76Updated 113
Bullish DXYCurrently consolidating but overall bias looking to break outside the parallel channel to the topsideULongby rejoicem76Updated 111
DXY Trading JournalDXY Trading Journal Nov14 Day projections Price is delivering to a Premium on the weekly/daily. Price broke through a key buy side high. Maybe a market protraction to take out sell side liquidity seems likely. Come down to rebalance yesterdays inefficiency. Seems likely. I will be looking for shorts and I will trade what the chart gives me. Shortby LParnell4
The Impact of Emerging Markets on the Dollar amidst Looming TradThe recent shift in US political landscape has ignited a wave of uncertainty across global markets. A potential escalation of trade tensions with China and other key economies could have far-reaching consequences, particularly for the US dollar and emerging market currencies. The Dollar's Uncertain Future The US dollar, long considered a safe-haven asset, faces a crossroads. While a more protectionist stance could initially bolster the dollar's appeal, it could also trigger a chain reaction of economic consequences. Increased tariffs and trade barriers could lead to higher inflation, which could erode the dollar's purchasing power. Moreover, if the US economy weakens as a result of trade disputes, the dollar's demand as a safe-haven currency could diminish. Emerging Markets in the Crossfire Emerging market economies, which have often relied on exports to fuel their growth, are particularly vulnerable to escalating trade tensions. A trade war could disrupt global supply chains, increase the cost of imported goods, and reduce demand for emerging market exports. This could lead to currency devaluation, higher inflation, and slower economic growth. Currency Pegs Under Pressure Countries that peg their currencies to the US dollar, such as Hong Kong and some Middle Eastern nations, could face significant challenges. If the dollar weakens or strengthens significantly, it could put pressure on these currency pegs, forcing central banks to intervene to maintain the exchange rate. This could deplete foreign exchange reserves and limit monetary policy flexibility. The Renminbi's Rising Influence China's renminbi could emerge as a potential beneficiary of a weakened US dollar. As China continues to expand its economic influence and promote the internationalization of its currency, it could become a more attractive alternative to the dollar for global trade and investment. However, a trade war with the US could also negatively impact the renminbi, as it could lead to reduced demand for Chinese exports and capital flight. Navigating the Uncharted Waters To mitigate the risks associated with a potential trade war, emerging market economies may need to adopt a combination of strategies. These could include diversifying export markets, promoting domestic consumption, and strengthening financial institutions. Additionally, central banks may need to adjust monetary policy to stabilize currencies and manage inflation. In conclusion, the potential for increased trade tensions between the US and China could have significant implications for the global economy, the US dollar, and emerging market currencies. While the full impact of these developments remains uncertain, it is clear that businesses, investors, and policymakers around the world will need to closely monitor the situation and adapt their strategies accordingly. by bryandowningqln0
DXY Upsides: Bullish Rebound At Key Support ZoneHey Traders, in today's trading session we are monitoring DXY for a buying opportunity around 105.700 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 105.700 support and resistance area. Trade safe, Joe.Longby JoeChampion8814
DXY reviewDXY Is in a very important zone. depending on how price continue to respect those levels we may be bearish. by thrilledChart349427
DXY Bullish BIAS- Look at that Daily BISI for my buys. -I just need a 15mins to 1hr MSS/CHOCH to form then I'm in. - Also keeping in mind on Fundamentals and which Killzone we are in. -This might Play out tmrw. Geoduck/ keep in mind of Risk management too...Longby cloudy_Blank_0
DXY - Further Upside Expected Dollar remains strong and supported by the Fib levels and Trendline. Despite promising news and expected FED rate cuts, it still remains Bullish due to Trump coming in power and end of year profit taking. For entries, please wait for at least two candle reversals on 5/15M at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice. Longby MarketsPOV2
DXY: Move Up Expected! Buy! Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 106.178 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals111
DXYDollar index EURUSD GBPUSD USDJPY USDCHF AUDUSD NZDUSD USDSEK USDNOK USDMXN USDRUB USDCNY The U.S. dollar index is a measure of the value of the U.S. dollar relative to a basket of foreign currencies. The USDX was established by the U.S. Federal Reserve in 1973 after the dissolution of the Bretton Woods Agreement.by HavalMamar1