DXY Presidential Cycle Dec 2024As everyone is longing the Dollar, worth rehashing it is not so kingly under Republicans
USDX trade ideas
DXY at 108.4: The Dollar’s Midlife Crisis—Breakout or Breakdown?Alright, traders, let’s not sugarcoat it. What you’re looking at here isn’t just another chart—it’s the U.S. Dollar Index (DXY) standing at the gates of destiny. 💥
🔥 The Setup:
Testing the almighty 108.4 resistance. Will it smash through like a battering ram or faceplant into oblivion? 🤔
Riding the top of the Bollinger Bands like it’s a rollercoaster at peak speed. Overbought much? 🎢
RSI? She’s chilling at 59 —neither here nor there but whispering “don’t count me out just yet.” 🧘♂️
🚀 The Bullish Dream: Break 108.4, and this thing’s flying to the moon (or at least 112). Bulls will party like it’s 1985. 🐂💃
💀 The Bearish Nightmare: Rejected here? Say hello to a pullback at 104, and if things really hit the fan, we’re looking at 100.6. Bears will sip their coffee smugly. 🐻☕
But here’s the kicker: DXY isn’t just a chart—it’s the puppet master pulling the strings of everything from Bitcoin to gold to your morning cup of coffee. ☕ (Yes, inflation is still a thing.)
⚡ Final Word: Whether it breaks or bends, this is the make-or-break moment for the dollar. Get ready for fireworks. 🎇
George out. ✌️ #DXY #DollarIndex #Forex
DeGRAM | DXY pullback from 50% retracement levelThe DXY is in an ascending channel between the trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart is holding under the 50% retracement level.
We expect a decline to the lower boundary of the channel.
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A CLEAR INDICATION THAT DXY IS GOING FOR @114.DXY HAS BEEN RANGE BOUND SINCE YEAR@22..
And during this time it has a couple of attempts to break out of the range and failed until APPR @16 OF DEC 25 it mananged to not only break but retest THE PREVIOUS RANGE CEILING.
WHICH CURRENTLY CLEARLY INDICATES THE CLEAR INTENTIONS OF THE DXY TO GO AFTER @114 THE ALL TIME HIGH.
Previously we had intentions of swinging THE DXY LOW but with this analysis our BIASED HAS CHANGED WE ARE OF COURSE LOOKING FOR POSSIBLE SHORT short POSITIONS FOR THE BIG RETEST OF THE CEILING BEFORE THE PUSH FOR THE @114 BREAK.
-AND SHORTLY LOOKING AT HOW THE US ECONOMY HAS BEEN STRONG TOWARDS THE END OF year@24 this makes our bias that the DXY has strength and determination to eliminate @114 in the first quarter of 2025.
DXY Reversal Zone We are expecting Dollar strength towards 110 above level and before that every time it will fall, its a chance to look for buy setups.
DXY SELL IDEADXY is currently in its 5th wave, the wave 5 is the completion of the bullish trend, i am expecting a change of market direction once the red trendline i drew is broken, i call that the risk trendline. For entries; look for the break of risk trendline and set your SL above the high. This is a swing setup, so you have to be patient, take into account risk management, all emotions aside, we are trading not playing.
DXY: HTF Analysis (72D)What’s Happening Now on the High-Timeframe?
The DXY measures the strength of the U.S. dollar against other major currencies. On the 72-day chart, we’re seeing signs of a potential shift, but the overall trend is still in downtrend territory. Keep an eye on how the price reacts to these levels and stay ready to adjust your strategy!
RESISTANCE (Areas where price struggles to rise above):
If Resistance holds firm, Price Action could reach Support I (see below)
If Resistance is strong, Price Action could short to Support II (see below)
118.53 (Sell Limit Order II): the 2nd resistance level for sellers
117.09 (Supply Zone): This is a hard ceiling for now, far above the current price.
113.50 (Sell Limit Order I): the 1st resistance level for sellers
110.29 (Resistance) If the price keeps getting stuck here, it might fall back down.
SUPPORT (Areas where price might stop falling):
100.4180 (Support I): The first major safety net if the price drops.
95.8590: A deeper support that could attract buyers.
93.96 (Support II): The second major safety net if the price drops.
89.9269: A historical level where prices have bounced in the past.
OSCILLATORS (Measure speed or momentum of price)
Relative Strength Index (RSI): At 81.36, it suggests the price is overbought, meaning it’s been rising too fast and might slow down.
Commodity Channel Index (CCI): At 134.004, it’s signaling a potential SELL since the price might drop soon.
Momentum: Shows a weak SELL signal, suggesting the upward speed is losing steam.
MACD: Shows a small BUY signal, meaning there’s still some upward energy left.
MOVING AVERAGES (Track average price over time)
Most moving averages (10-day, 20-day, etc.) show a BUY, meaning the price has been above its averages and is in an uptrend for now.
Hull Moving Average: Shows a SELL signal, hinting at potential short-term weakness.
KEY TAKEAWAYS
The Good News (for buyers): The moving averages suggest that DXY is still in an upward move on shorter timeframes, with prices above key averages.
The Bad News (for sellers): Oscillators like the RSI and Momentum show that the current upward push might be losing strength. The market might correct (fall) soon.
If the price struggles to break 110.2990, it might fall back to 100.4180.
A breakthrough above 112.5000 could lead to a move toward the 118.5326 zone.
Even though we’re seeing some upward action now, the bigger trend is still downward. A reversal would need sustained movement above major resistance.
If price falls: Look for potential rebounds around 100.4180 or 95.8590.
If price rises: Be cautious as it approaches 112.5000, where sellers might come back in.
Right now, DXY is facing challenges near 110.3990. If it can’t push higher, it’s likely to fall back to lower levels.
Moving averages suggest strength, but oscillators are hinting at exhaustion. This mix of signals means you should be cautious and wait for clear moves.
DOLLAR INDEX END OF 2024 IDEA.Currently the DXY is hovering around 108 zone, My view is that we are about to see a top in the Dollar soon. Most opportune time to see that will likely and probably be when Trump takes office at the beginning of January 2025.Most probable top might be around 109.5 zone there about. If it does so, Altcoin session will be confirmed for a bull run and outperform BTC dominance. Generational wealth is here.
DXYDXY - U.S Dollar Index
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
Completed " 12345 " Impulsive Waves
Change of Characteristics
Strong Support
Is the US Dollar Index Set for a Pause?Following the recent Federal Reserve meeting, where expectations for 2025 interest rate cuts were adjusted from three to two, the US Dollar Index surged by approximately 1.28%. But what are the technical scenarios shaping its next moves?
On the daily chart, the US Dollar Index remains in an overall uptrend, recently hitting a higher peak at 108.071. The daily trading range lies between 108.539, marking the higher high and resistance level, and 105.420, the higher low and support level. Traders might watch for a pullback near 106.015 before a potential continuation of the long-term uptrend.
On the 4-hour chart, the index is experiencing a general downtrend, forming a new bottom. A rise to 108.276 could face selling pressure, possibly leading to a continuation of the downward move. Key targets for this downtrend include 107.784 as the first level and 106.086 as the longer-term target.
However, the negative outlook on the 4-hour chart becomes invalid if the price breaks above 108.539, forming a new higher peak.
In summary, the downtrend on the 4-hour chart appears to be a corrective wave within the broader uptrend seen on the daily chart.
DXY Is Going Up! Long!
Here is our detailed technical review for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 108.922.
Considering the today's price action, probabilities will be high to see a movement to 110.143.
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 FORECASTIn this forecast we are analyzing 1H time frame for finding the upcoming moves. Today I'm looking for buy opportunity. As we know that market create a clear break of structure and price continue moving upside. If this high is valid than market will need inducement or liquidity, so I'm expecting from market that price first came down and hunt previous SSL and than continue moves in upward direction. Let's delve deeper into these levels and potential outcomes.
Use stoploss for your trade.
Always use proper money management and proper risk to reward ratio.
This is just my prediction.
#DXY 1H Technical Analyze Expected Move.
DXY Dollar Index Market Bullish 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 Dollar Index market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point after the Breakout.
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level.
Goal 🎯: 110.500
Scalpers, take note : only scalp on the Long 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 💰.
Based on the fundamental analysis, I would conclude that the DXY (US Dollar Index) is: Bearish
Reasons:
Interest rate differential: The Federal Reserve's (Fed) interest rate (4.50%) is high compared to other major economies, but the rate hike cycle is expected to slow down, which could lead to a decline in the DXY.
Economic growth: The US GDP growth (2.1%) is slowing down, and the economy is facing headwinds from trade tensions and global economic uncertainty, which could lead to a decline in the DXY.
Trade balance: The US trade deficit (USD 50 billion) is large and growing, which could put downward pressure on the DXY.
Fiscal policy: The US fiscal policy is becoming increasingly expansionary, which could lead to a decline in the DXY.
However, it's essential to consider the following risks:
Global economic slowdown: A slowdown in global economic growth, particularly in China and Europe, could lead to a flight to safety and support the DXY.
Geopolitical tensions: Escalating geopolitical tensions, particularly in the Middle East and North Korea, could lead to a flight to safety and support the DXY.
Fed's monetary policy: The Fed's dovish stance and potential interest rate cuts could support the DXY.
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.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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.
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I'll see you soon with another heist plan, so stay tuned 🫂
Mighty Dollar Eyes Further GainsThe US Dollar Index (DXY) commenced the new year on a strong note, breaking out of its consolidation phase and surging toward the 109.50 level on January 2.
◉ Technical Observations
● The daily candle close on Friday formed an inside bar bearish candle, indicating a potential pullback in the week ahead.
● Immediate support levels are situated between 107.50 and 107.00.
◉ Market Outlook and Key Events
The US jobs report comes out on Friday and will be the main focus for the market this week. A strong jobs report could strengthen the US dollar, affecting emerging markets and commodities.
USD completing wave 5US Dollar index hit the long term 61.8% retracement at 108.95.
This could be the wave 5 completion, which may be a big resistance for the US Dollar to start the year.
DXY : The D is strongThe chart above explains.
As I explained previously, there is still some juice left - approx 25% - for the dollar to advance.
The more it moves UP, the more 'expensive' it becomes, until eventually, demand evaporates - as with all $--denominated assets.
As always, watch the US10Y.
Good luck.
DXY Parabolic Rally IncomingDXY recently reached its highest level since 2022 after a huge rally off of $100. This is a longer term monthly chart. We can see what appears to be bullish consolidation since 2022 between $100-$105. The next move will be up to that 2022 high followed by a move back up to the 2001 high and potentially higher. This will be a disaster for equities.
US treasury yields are about to skyrocket causing the collapse of the Japanese Yen and most likely many other currencies. The fed will have to pause the cuts, they may even be forced to hike again. The writing is on the wall. If I'm wrong and it falls instead, $100 is the next area I'd look for it to hold. As long as it holds there, it is still bullish on the longer term time frames in my opinion.
Dxy market keeps maintaining the bullish rally The DXY continues its bullish rally, breaching the 109.000 level and signaling strong upward momentum. Current projections indicate a potential demand zone forming around 107.900, which could serve as a key support for continued gains follow for more insights , comment, and boost idea
Apparently, bright days are ahead of DXYDXY has underwent a reversal:
1- A clean inverted head and shoulders
2- A dropping wedge break high (Which is a reversal at the end of the bearish move)
3- Break and retest of the inverted head and shoulders and the wedge simultaneously
4- Ichimoku cloud broken high as well, indicating the shifting trend bias
Expect the target area as marked on the chart either by the end of this year or whenever FED announces rate cuts.
Best of luck and happy trading!
Bullish dollarPrice is bullish on the weekly, price broke out of a weekly resistance zone and retested it, price also formed a symmetrical triangle which broke out above with a little pullback and it's impulse move
DOLLARTHE DXY remains on bullish net supported by hawkish fed shift in monetary policies and president trump America first policy
DXY close the year on bullish sentiment which could continue its rally into break of structure and sell into my supply roof ascending trendline
DXY - 4H🕯 **Weekly Analysis of the Dollar Index** 💵
📌 Based on the chart, the price has two likely scenarios ahead, which you can observe in the image. To identify the main price movement, you should pay close attention to the micro-waves at the beginning of the week.
