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
USDX trade ideas
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.
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
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.
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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Share your opinion in the comments and support the idea with like. Thanks for your support!
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.
Correction According to the behavior of the index in the current support range, possible scenarios have been identified. It is expected that the upward trend will continue according to the specified paths. If the 78.6% level is broken, the continuation of the downward trend is likely
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DXY Presidential Cycle Dec 2024As everyone is longing the Dollar, worth rehashing it is not so kingly under Republicans
correctionIt is expected that the correction trend will form up to the specified support levels, then there will be a possibility of a trend change.
If the index crosses the 78.6% level, the continuation of the downward trend will be likely
DXY Idea he U.S. Dollar Index (DXY) closed the week with a modest 0.2% gain, reflecting the influence of rising Treasury yields and persistent concerns over inflation, driven by the Federal Reserve’s hawkish outlook and the policy proposals from President-elect Donald Trump. Although the index dipped slightly by 0.06% on Friday, the dollar remains on track for a robust 6.6% annual gain in 2024. chart The 10-year Treasury yield climbed to 4.625%, marking its highest level since May, underscoring the market’s recalibration of interest rate expectations.
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
Dollar analysis based on Weekly tieframeAfter a year off trading we took out the weekly pool of liquidity, a large one, And with this we broke out off the weekly consolidation. We started consolidating after hitting the weekly range 705 fibbonaci retracement. It is clear dollar bias is bullish. with this said we can dive in to a more in depth analysis of dollar index. after we have taken out the pool of liquidity in form off some key equal highs we started getting some bearish indications. the buys are weakning and a bearish setup is starting the form.Some key details to further back up the bearish idea is that we have traded up in to a weekly negative breaker and fvg. Based on this what is the outlook for dollar this upcoming year? Answer is BULLISH, we continue bullish but first its time to retrace. We most likley will start off the next quarter going bearish in to the bullish levels. I am reconsidering the bullish breaker and fvg aswell as the ote. From here we look for bullish idea's again.
$dxy 104.5 Hola ,
so we poke above the multi year pennant and bouncing of the 7 ema
rsi topped out and looking for a test of 104.5 before it starts accelerating
let see what happens to our metals with this obviously reclaim 108.2 and this idea is invalidated
but with Sivler doing a sweep of a key level and reclaiming $29 am still holding my spot and waiting on $35 to be broken
let see what we get soon
DXY at a Critical Juncture: Will Bulls Break the Resistance?The US Dollar Index (DXY) is currently consolidating just above the ascending trendline while approaching a critical horizontal resistance zone around 108.00.
The price action shows a contracting triangle pattern, suggesting indecision in the market. A breakout above the resistance could confirm bullish momentum, potentially driving the index toward 109.50 or higher. Conversely, a breakdown below the ascending trendline and support zone could indicate bearish pressure, targeting the next key level at 106.50.
DXY - EUR - GBP Forecasting new years price action for the $TVC:DXY. As we are closing the yearly candle with momentum and energetic. I am seeing a bullish price action for the dollar index this year until the external high. This could take maybe 1-3 months.
I want to see the new years candle to manipulate in to the wick/immediate rebalance, then move higher. O.L .H.C
Bullish dollar = Bearish PA for other pairs.
DXY BREAK AND BEARISH (READ CAPTOIN)Hi trader's. What do you think about dxy
Current price: 108.10
Dxy break some time and breakout 108.20 low
Resistance zone: 108.10
Support zone: 107.85-107.700
I placed the remaining target in the details in the chart
Please don't forget to like comment and follow
Will the US DOLLAR {DXY} continue to RISE? Bulls still Bullin..?TVC:DXY
"Successful trading has always been about understand the convictions, the strength and the weakness of buyers and sellers. Once you understand what the other traders are doing in the market, you can successfully trade with them." -Michael Valtos
As we head into the New Year 2025> I have struggled with the idea of the DXY rising or falling. However, I will sit back and watch PA play out and I will strike once we have further confirmation from the Order Flow. As we can see now on the 4Hr TF Bulls are in control with the Dominant Hand. Now if we back up just a bit and head to a HTF we have a Weekly Supply Zone / Daily Resistance Level ($109.452) above that we could see Mitigated here to come in the next few days/weeks all depending upon Intentional Volume. Let's stay on point>>
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Bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 107.49
1st Support: 106.72
1st Resistance: 108.52
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DXY - Possible Outcomes
Dear Friends,
How I see it:
Can the $ break through the "RED" overlapping resistance above 108.00 ?
** For this we need at least a Daily Body close above red zone
"OR"
Will the range be respected once again?
** This will be confirmed by a deep correction from here
Keynote:
Fundamentally the $ seems unstoppable at this point, yes.
Perhaps a possible rate hike on the Yen could trigger some form of correction.
I deeply appreciate you taking the time to study my analysis and point of view.
DXY Trading plan Here’s a more detailed
CAPITALCOM:DXY
DXY Trading Plan:
- **Buy Entry:** Enter a buy position around **107.800**, watching for price action confirmation at this level.
- **First Target:** **108.000** – This is the immediate resistance and serves as a safe partial profit-taking level.
- **Second Target:** **108.300** – A key resistance level, ideal for booking the remaining profits.
Risk Management:
- If **107.800** fails to break out or shows signs of reversal, **close the trade immediately** to minimize potential losses. Look for candlestick patterns, rejection wicks, or bearish momentum as warning signs.
Additional Notes:
- Monitor DXY momentum and overall trend direction on the 1-hour timeframe.
- Keep an eye on related macroeconomic data or news events that could impact dollar strength.
The U.S. Dollar Index may be approaching a potential buy zoneHere’s a more detailed version of your DXY trading plan:
DXY Trading Plan**
Buy Zone:**
Enter a buy position around **107.900**, but only after confirming bullish price action (e.g., rejection wicks, strong bullish candles, or signs of support holding firmly).
Targets:**
- First Target:** **108.200** – A key resistance level. Consider partial profit-taking or setting a tighter trailing stop here.
- Third Target:**108.500** – If **108.200** breaks out with strong bullish momentum, hold for this higher resistance level as your final target.
Risk Management:**
- Stop-Loss:** Place your stop-loss slightly below **107.800** to protect against sudden reversals.
- Close Trade:** If the price at **107.900** fails to hold or shows signs of weakness, exit the trade to limit losses.
position Sizing:** Keep your risk-to-reward ratio in check, aiming for at least 1:2 (or higher).
What to Watch For:**
- **Confirmation Signals at 107.900:** Look for bullish candlestick patterns like hammer candles or engulfing patterns.
- **Momentum Around 108.200:** Pay attention to price reactions at this level. If DXY struggles here, consider securing profits or exiting.
- **Market Context:** Keep an eye on macroeconomic data, news, or events impacting the dollar index, as these can shift momentum quickly.
**Additional Tip:**
If the price nears **108.200**, move your stop-loss to breakeven or slightly above **107.900** to secure your position while giving the trade room to breathe.
TVC:DXY
DXY UP active zone The US Dollar trades flat and is unphased by headlines out of China about ramping up bond sales next year. Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The US Dollar Index (DXY) resides above 108.00, very close to eke out a fresh two-year high.
The US Dollar Index (USDX) is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies. These currencies are the Euro (constituting 57.6% of the weighting), Japanese Yen (13.6%), British Pound (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%) and Swiss Franc (3.6%). The index started in 1973 -with the absolution of Bretton Woods- with a base of 100.000, and values since then are relative to this base. For example, if the current reading says 99.800, this means that the dollar has fallen 0.2% since the start of the index (99.800 - 100.000).Being the Dollar Index a geometrically weighted index and not a trade-weighted one, it is too concentrated in Europe and does not include two of the U.S. top four trading partners Mexico and China. It does not appear to be used by corporates or many asset managers, like mutual funds, insurance companies, and endowments. It is primarily a speculative vehicle. It's also important to acknowledge that a geometric mean artificially lowers the value of the USD over time
