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USDX trade ideas

DXY:Today's trading strategyTrump's announced comprehensive tariff plan has triggered global attention. As for the U.S. Dollar Index, on Thursday, the price of the U.S. Dollar Index generally showed a significant downward trend. On that day, the price rose to a high of 103.931 at most, dropped to a low of 101.232, and closed at 101.937. Looking back at the performance of the U.S. Dollar Index price on Thursday, after the opening in the morning, the price continued to decline in the short term. Subsequently, the price remained weak all the way with almost no rebound. It underwent short-term oscillatory consolidation and finally closed with a large bearish candlestick on the daily chart. For now, pay attention to the resistance in the 102.80 area and the level of 102.40, and keep a continuous watch for further bearish pressure. Trading Strategy: Sell@102.50-102.60 TP:101.50-101.30 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:DXYShort
by LeoBlackwood
DXY reversal, Bullish for BTC, but 50 day chop is likelyGood Sunday, dear friend! I'm scribbling down some ideas I had. It's good to be back home after a week on a job project. TradingView on a phone is awesome, but I definitely prefer a bigger screen. The chart was not as clean as I wished, but it just tells some history with the correlations between DXY and BTC. For instance: Q4 2022 - DXY tops (BTC bottoms). Trend reversal for DXY (BTC corrects ABC after W1 after bear market). DXY declines to a WCL, BTC soars from 25k to 73k. In the meantime, as BTC soared, DXY also inclined, which led to an extended correction of 7.5 months. DXY rolled over in June 2025, and there was a 60-day lag before BTC felt the boost from the DXY decline. This leads us to today. DXY and BTC have gone up together. I believe the last leg up is a consequence of the June - September decline of DXY, and BTC went up with DXY, and BTC is now left to feel the consequences of the DXY upturn. Given DXY (most likely) topped 11 days ago, we might chop for 50 more days before BTC resumes upward. In the last WCLs, DXY retraces a minimum to 0.786. In this case, the trendline suggests a March timeframe for a low in DXY. History suggests the BTC local top is in when DXY bottoms, or is soon to top in about 2 months.
TVC:DXYShort
by martinxi5u4
DXY Will Go Lower From Resistance! Sell! Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 104.207. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 102.727 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
1
DXY | Major Cycle Peak – Is the Dollar Losing Its Grip?The U.S. Dollar Index (DXY) appears to be following a well-defined historical cycle, marking major peaks approximately every 15–20 years. If history repeats, the 2022 peak near 114 could signal the beginning of a multi-year dollar decline, impacting global markets, commodities, and currency pairs like EUR/USD. Historical Peaks & Reversals Examining past DXY cycles, we see: 969 Peak (~120): Followed by a prolonged decline into the 1970s. 1985 Peak (~165): Marked by the Plaza Accord, triggering a sharp dollar downtrend. 2001 Peak (~120): Led to a multi-year decline as the Fed shifted policies. 2022 Peak (~114): The most recent high—could it mark the next major reversal? Each peak historically aligns with aggressive Fed tightening cycles, followed by a shift towards easing policies, leading to a weaker dollar. With U.S. interest rates expected to plateau or decline, this pattern suggests a potential long-term bearish trend for the dollar. Implications of a Weaker Dollar Bullish for EUR/USD – A declining DXY typically strengthens the euro. Boost for Commodities – Gold, oil, and other dollar-denominated assets could rally. Stronger Emerging Markets – A softer dollar eases financial conditions globally. With DXY showing signs of a historical cycle peak, investors and traders should watch for confirmation of a multi-year downtrend, potentially reshaping global markets.
TVC:DXYShort
by adiyatcoto
DXY April 3 Analysis DXY April 3 Analysis *My parent bias is bear *News 8:30 & 10 *Previous session price is in a discount the and in a discount on current trading range. April 2 Analysis Fantastic sell off that I was suspecting in NY. Price did not reach for the buy side I suspected however, In Asia Price did take very minor buy side at the 3 macro London and starting selling from a Premium. Retraced before NY open. And continued to sell off. Nice silver bullet at 10 macro, coming into the hourly FVG. Small retracement at 12 and small consolidation. At 16:00 huge retracement and wick sell off to make the low of the week I was again looking for. Notice how Price took weeks of sell side in 1 day. Great delivery. April 3 Idea I could see Price in Asia and London continue to sell off completing the rebalancing of the hourly FVG and seek the clean equal lows. Reassess for NY after that. That said there are 2 new drivers in NY to be open to reading what the chart gives me. Stay humble to what Price prints and don't get stuck in any idea yet be nimble.
TVC:DXY
by LeanLena
DXY April 1 AnalysisDXY April 1 Analysis *My parent bias is still bear coming into this week. *News 10 *Previous session price is in a premium and in a discount on current trading range in a consolidation cycle. Price opened in Asia to the down side taking sell side from last Thursday, creating equal lows, London Price retraced to the 50 level which was my original target and in NY rebalance Fridays FVG closing in consolidation. I suspected higher prices for the beginning of this week. Great delivery. Today I suspect that Price will come up to take the noted buy side and seek to rebalance the noted FVG, possibly take the noted clean equal highs. I am bull on this day. Stay humble to what Price prints and don't get stuck in any idea yet be nimble.
TVC:DXY
by LeanLena
DXY:Seize the opportunity to sell short at high pricesThe situation in the Middle East is clearly deteriorating, which undoubtedly has a huge stimulating effect on the global risk aversion sentiment. More funds have started to seek safe havens. However, the best choice at present is not the US dollar. With the continuous rise of the East, more and more capital will favor this side of the East. Therefore, the pressure on the US dollar index is actually increasing, and it will be very difficult for it to rise. Regarding the trend of the US dollar index today, although the current situation exerts great pressure, the actions to support the market of the US dollar index still take effect from time to time. So the price will not keep falling, and there will still be some oscillatory patterns. However, even if it moves in an oscillatory pattern, the upward pressure on the US dollar index will be significant. Therefore, when the price reaches the effective resistance level, it will be an excellent opportunity to short the US dollar index. DXY Trading Strategy: buy@104.500 TP:103.500 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:DXYShort
by LeoBlackwood
DXY March 30 Weekly AnalysisDXY March 30 Weekly Analysis *My parent bias is still bear coming into this week. *No news Monday *Previous session price is in a discount and in a consolidation cycle. *Note that price is weaving in between 2 HFT inefficiencies. *Study Sundays delivery Since March 18 Price has had a run on buy stops. Price pivoted on Wednesday at the 50 level of the range its trading in. I like how Price came up to the 50 level of the range its trading in and didn't spend much time there before breaking down. Avoiding the market on high resistance days like Thursday is getting easier to identify. When price is high resistance it is tipping its hand to a larger move coming so be patience and wait for price to come to my levels. NFC is this week. Will complete my weekly idea once Sundays delivers. My bias is lower prices and suspect it could be a violative week of Price delivery. Stay humble to what Price prints and don't get stuck in any idea yet be nimble.
TVC:DXY
by LeanLena
DXY Is Bullish! Long! Take a look at our analysis for DXY. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 104.402. Taking into consideration the structure & trend analysis, I believe that the market will reach 105.208 level soon. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
DOLLAR INDEX Good Day Fellow Traders We have seen that the Dollar has stopped trending at 110 area as market on the chart as a weekly level of resistance, with thus we have closely been tracking the cot index which indicates that a correction is due, although there has not been much action of impulsive move down, we do expect at least a 3-wave pullback down to the 105 area, should this level break it open the chart for a drop down to the weekly level at 104.00. Yesterday we had a higher inflation reading, with trump policies in action we could expect more of the same higher volatile moves to come and USD to be the dominant trading currency under the rain of Trump. My personal opinion would be to stay away from forex pairs and rather shift focus to swing and position trade the global indices as political turmoil will affect currencies most, look at monthly, weekly and daily charts(entries) with wide stops
TVC:DXY
by Mike_SnD
1
Dollar near term strenght coming, Weekly demand holdingThe DOllar has been in a decline over the last couple of months, We can see from tracking how the COT INDEX COT Index in Forex for 6 months and 36 months The 6-month and 36-month time frames typically refer to the historical analysis of COT data for specific currency pairs, providing insights into: 6-month COT Index: This reflects the trading positions over the past 6 months. It shows the trends in how market participants (e.g., hedge funds or commercial traders) have been positioned recently. Traders typically use this shorter time frame to gauge recent trends and near-term sentiment. A higher COT Index value indicates that speculators have a larger net long position, suggesting potential bullish sentiment, and vice versa for a lower COT Index. 36-month COT Index: This reflects the trading positions over the past 3 years. It provides a longer-term view of trader positioning, helping to identify historical trends and market cycles. A higher 36-month COT Index suggests persistent bullish positioning over the longer term, we can see the Dollar has been bought up at WEEKLY Demand, we will start looking for a shift to buy the Dollar on a daily chart.
TVC:DXYLong
by Mike_SnD
DXY:Pay attention to the retest of the daily chart supportOn Tuesday, the price of the US Dollar Index generally declined. The intraday price peaked at 104.444, bottomed out at 103.917, and closed at 104.189. From the perspective of the daily chart, the level of 103.80 below serves as a crucial watershed for the wave trend. As long as the price remains above this level, a short-term bullish position is advisable for the time being. Meanwhile, the short-term support of the four-hour chart is in the 104.10 area. Currently, the price in the short term is fluctuating and is likely to continue to retest the support area of the daily chart. Therefore, in trading operations, focus on the support of the daily chart and anticipate an upward movement. Trading strategy: buy@103.70-103.80 TP:104.50-105.00 Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!
TVC:DXYLong
by LeoBlackwood
US Dollar's Worst Month Since 2023: DXY Faces Make-or-Break The greenback ends Q1 under pressure as soft inflation data, central bank divergence, and rising risk appetite weigh on the long-term outlook. 📉 A Fragile Finish to Q1 for the Dollar As we close out March and head into Q2, the US Dollar Index (DXY) is on track for its worst monthly performance since December 2023, erasing nearly half of its four-month rally. From a high of 110.00 in January 2025, the index has dropped to a recent low of 102.84, highlighting growing fragility in the dollar's long-term structure. The 7.2% slide since the start of the year reflects shifting expectations around Federal Reserve policy, global interest rate convergence, and an increase in risk-on sentiment. With the DXY trading around 103.80 at the time of writing, bulls are struggling to reclaim momentum above the critical 104.00 barrier—a zone that has served as both support and resistance over the last eight months. 🔍 What's Driving the Weakness? Several fundamental forces have contributed to the dollar's Q1 decline: 📉 1. Cooling Inflation and Dovish Fed Signals February and March inflation prints came in softer than expected, leading markets to price in rate cuts sooner than the Fed's official guidance. Fed Chair Jerome Powell has maintained a cautious tone, but recent FOMC minutes and commentary from regional presidents suggest that a mid-year rate cut is increasingly likely—a development that undermines the dollar's yield advantage. 🌍 2. Global Central Bank Catch-Up The European Central Bank (ECB) and Bank of England (BoE) have recently resisted premature rate cut expectations, with hawkish commentary supporting their respective currencies. Meanwhile, Japan's move away from the ultra-loose monetary policy has lifted the yen, reducing the dollar's appeal as a carry-trade favourite. 💹 3. Equities, Risk-On Sentiment, and Gold Strength The S&P 500's record highs, strong demand for emerging markets, and gold's breakout to new all-time highs are clear indicators of a market rotating into risk assets and inflation hedges—further weakening safe-haven demand for the dollar. 📊 Technical Analysis: 104.00 Is the Line in the Sand The DXY's decline from 110.00 has retraced 50% of the four-month rally, with a firm low found at 102.84 earlier this month. While that level has provided near-term support, upside momentum remains capped below 104.00, a multi-month resistance level that must be reclaimed to reestablish bullish control. 🔺 Key Resistance Levels: 104.00 – Multi-month pivot zone, critical for trend shift 104.46 – Minor breakout level; confirmation of bullish continuation 105.96 – Short-term upside target if 104.46 is cleared 🔻 Key Support Zones: 103.58–103.25 – Minor support zone just below current levels 102.84 – March low; major near-term support 102.39–102.00 – Final downside target if 102.84 fails A break below 102.84 could accelerate bearish momentum into the 102.00 psychological level, especially if April's macro data confirms a slowing US economy or rising expectations for rate cuts. 🧭 April's Outlook: All Eyes on 104.00 The month of April will be pivotal in shaping the medium- to long-term outlook for the dollar. Key catalysts to watch include: March jobs report (NFP) – Signs of labour market cooling will intensify rate cut bets. Core PCE inflation – The Fed's preferred inflation gauge could confirm the disinflation trend. Geopolitical developments – Ongoing tensions in the Red Sea, Taiwan, and Ukraine could spark temporary safe-haven flows, but may not be enough to reverse the downtrend. Unless the DXY can close April above 104.46, it risks confirming a longer-term bearish reversal, which could open the door to sub-100 scenarios later in the year—especially if US macro data continues to soften and global rate differentials tighten further. 🔄 Scenarios to Watch: Bulls Need a Breakout 📈 Bullish Scenario: Price holds above 103.25, reclaims 104.00, and breaks 104.46 Momentum builds toward 105.96 April data surprises to the upside, delaying Fed cuts 📉 Bearish Scenario: Rejection at 104.00, breakdown below 102.84 Push into 102.00 support zone or lower April macro data reinforces dovish narrative, equity strength continues ⚠️ Final Thoughts: Cautious Tone, Technical Pressure The US dollar is ending Q1 under clear technical and fundamental pressure, with the DXY sitting at a critical inflection point. While the March low at 102.84 may hold in the short term, failure to break above 104.00–104.46 will leave the index vulnerable to further downside. With central bank divergence fading and risk appetite on the rise, the greenback's role as a defensive play is weakening. Unless April delivers a surprise upside catalyst, the path of least resistance appears to remain lower.
TVC:DXY
by Rotuma