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U.S. Dollar Currency Index

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USD index bearish trendThe analyst expects the correction to end when the USDX reaches a value of 101.800. This is the predicted target for the end of the "C" wave of the correction. Once the index hits 101.800 (according to this analysis), the correction is expected to be complete, and the USDX may then resume its previous (likely upward) trend. In short: The USDX is expected to fall to 101.800 to finish a temporary price dip (correction) that's shaped like an ABC pattern.
TVC:DXYShort
by Ibrahim1984
DXY Is Bullish! Buy! Take a look at our analysis for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 99.408. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 101.388 level. 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. 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
Global Market Overview. Part 1: USDXThe Dollar Index is drifting at the key 99.5 mark. This strategic support level, which has held since early 2024, is on the verge of collapsing. Let’s be clear: this isn’t just about the strength of the dollar. What’s at stake is the monetary sovereignty of the United States, caught between inflation, politics, and election-season hysteria. And make no mistake — this has nothing to do with technical analysis. What we’re witnessing is a fundamental fire, and Donald Trump and his administration are fanning the flames. Powell: “Rates remain unchanged.” But for how long? Just days ago, Fed Chair Jerome Powell delivered what seemed to be a firm message: “We are in a wait-and-see mode. Cutting rates prematurely could do harm.” “If inflation accelerates, more difficult decisions may follow.” On the surface — classic hawkish rhetoric. But in reality, this isn’t resolve. It’s a delay tactic. Even Powell admits: “The labor market is walking a fine line.” “Economic growth weakened in Q1.” “Business sentiment is deteriorating.” “Tariff policy could lead to stagflation.” “Political pressure is mounting by the week.” The Fed says, “It’s too early to cut rates.” But the market hears something entirely different: “We’re getting close.” Trump applies pressure Ahead of the elections, Trump declares: “If we don’t cut rates now, we’ll lose to China, Europe, and our own markets.” This isn’t just campaign rhetoric. It’s an open challenge to the Fed’s independence. And history already tells us what happens when Trump applies pressure — 2019 rate cuts proved he can break through Powell’s defenses. What the charts are saying The Dollar Index (USDX) is locked in a persistent downward channel. The 103.0 support zone has been broken The 101.17 level remains the final significant support 99.5 is already being tested as a potential sell-off trigger Below that — only air until 98.0 and 97.5 The technical setup confirms a fundamental truth: The market no longer believes in the dollar’s strength. What if the Fed actually cuts rates? If the Fed moves to cut, USDX will break below 99 and enter a systemic phase of weakening. Capital will flow into gold (as if it hasn’t already gone far enough), oil, crypto, and high-yield emerging markets. The United States will lose its competitive edge in monetary policy, and the dollar will slowly cease to function as the global anchor it once was. Powell can talk tough all he wants. The market is no longer listening. The Dollar Index isn’t dropping because rates are already cut — it’s falling because everyone knows it’s just a matter of time. U.S. monetary policy has lost the initiative, and market expectations have taken over. Today, the Fed rate is no longer a tool of control. It’s a signal of approaching capitulation. The question is no longer “Can we hold 99.5?” The real question is: “What happens after it breaks?” Manipulation or strategy? Black swans on a leash Powell’s rate policy, DXY charts, inflation forecasts — all of it loses clarity when the dominant market force is no longer economics, but politics. We live in an era where markets break not from bad data, but from tweets, briefings, and backroom deals — moves that only reveal themselves in the charts after the fact. That’s what makes the current cycle the most toxic in the last 15 years. Markets aren’t just volatile — they’ve become irrational. Trade war: scalpel in a surgeon’s hand or a bat in a brawler’s grip? Tariffs aren’t new. But in Trump’s hands, they’ve evolved — from macroeconomic tools to blunt political weapons. He uses them as battering rams — to force concessions, corner opponents, and set up ideal conditions for insider gains. The market reacts exactly as you’d expect: Tariffs announced — indexes fall Panic ensues — capital flees into dollars and gold Within 48 hours — videos surface of Trump and his allies joking about the “hundreds of billions” they made during the crash This isn’t conspiracy. It’s already triggered official investigations, but everyone knows: the odds of accountability are near zero. And that’s the biggest risk for fundamental analysis today: It’s powerless against narratives crafted behind closed doors. So who’s really running the market? Trump is deliberately deflating the bubble. Loudly. Dramatically. On camera. But the goal isn’t destruction. It’s control. And while Powell fears making a mistake, Trump fears only one thing — losing control of the narrative. The market is no longer a field for rational actors. It has become a battlefield, where officials already understand: You can control more than just money through the market — you can shape public consciousness. How not to lose your footing in this chaos? We’ll break it down in the next part of the Global Market Overview. Stay tuned.
PEPPERSTONE:USDXShort
by StarTradePro
USD Price Action Correlation with Bitcoin PriceIn the later stages of the liquidity cycle you have a devaluation of USD leading to bitcoin breaking out of its bullish trend into a parabolic trend. -Last 2 cycles this predictive correlation leaded bitcoins breakout by 4 to 6 months. -Current cycle DXY/Bitcoin charts look very similar to 2018 Taking this correlation into account, we could likely see the bullish trend on Bitcoin transform into a parabolic trend sometime between May and June. Meaning, we are in the final stages of a bottoming in Bitcoin at the time of this post, likely about to continue bullish momentum as we just went through significate market strain. Removing the possibilities of another Black Swan event, like a major geopolitical event but it is my belief that this was already priced in from the markets reaction just this month. This being said, there are no certainties. Things could always get worse. Time will tell, but given my aforementioned annalists, the buying opportunity at this current point is to great to ignore. Reward greatly outweighing the risk.
TVC:DXYLong
by merchtank19
USD Oversold on Weekly & Fibonacci Support TestWeekly charts can be helpful for tracking the motion of the ocean, or larger dominant trends. And so far in 2025, that trend has been quite bearish for the US Dollar and this showed up even with the Greenback coming into 2025 with a full head of steam. But last week something that's somewhat rare showed up - as weekly RSI on DXY went into oversold territory for only the second time in the past seven years. The last time this happened was August of 2024, and that was followed by the Q4 reversal in the USD. And before that - it was all the way back in early-2018, which is around when DXY marked a major low that still hasn't been traded through. This isn't to say that RSI is an automatic indication of reversal because it's not - it's simply a lagging indicator that shows how one sided a trend has been of late. But - it does illustrate how chasing the USD lower could be a challenge here especially given how quickly bears have come on over the past couple of months. There's also some Fibonacci support that's in-play which is very near support in the range of USD that held for a couple of years before the Q4 breakout. The 61.8% retracement of the 2021-2022 major move plots right at 98.98, which has so far held the lows in DXY. Of interest and perhaps a bigger component of this move is whether EUR/USD will be able to establish a reversal at or around the 1.1500 handle. And that's a question mark right now, because from a data and driver perspective, it would seem that the backdrop is there as US retail sales printed with strength this week, and Chair Powell sounded somewhat hawkish around the prospect of inflation given the tariff situation. And then the ECB rate cut on Thursday sounded dovish - all factors that would normally be expected to push EUR/USD weakness. The fact that it hasn't happened is of interest as this could be a bigger picture dominant trend showing it's hand. As I shared in the EUR/USD post which I'll link below, bulls are still in charge of the pair from a price action perspective so accordingly I would still assume bears are in-control of USD until evidence suggests otherwise. In DXY, it's the 102 level that I would like to see traded through as illustration of bulls taking control. -js
TVC:DXY
by FOREXcom
Smart Traders Watch the Fed — Smarter Ones Watch the DollarHello Traders 🐺 In this idea, I decided to talk about the U.S. Dollar Index (DXY) — because so many people have been asking me: “How do you predict the Fed’s moves, and how do they affect deflationary assets like BTC?” My last idea was about BTC, where I explained why I believe a major bull run is coming — and part of that is because the Fed might soon shift back to QE. But if you're trying to predict QE... The first thing you need to watch is the U.S. Dollar Index, which reflects the strength of the U.S. Dollar. So let’s break it all down: 🔍 Part 1: What Does the Fed Actually Do? The Fed isn’t just a printer — it’s the U.S. central bank, and it has a dual mandate: ✅ Keep prices stable (control inflation) ✅ Promote maximum employment That means the Fed doesn’t just want growth — it wants sustainable growth. No crazy inflation, no deep recession. Balance is key. 🧰 How Does the Fed Do It? Through Monetary Policy, which is basically the toolkit used to control liquidity, interest rates, and economic behavior (like how much people borrow, spend, or save). Let’s break down the main tools: 1️⃣ Federal Funds Rate This is the most powerful tool the Fed has. It’s the rate banks use to lend to each other overnight. If the Fed raises the rate: → Loans get expensive → Spending slows → Inflation drops → But markets can crash If the Fed cuts the rate: → Loans get cheaper → Demand rises → Growth accelerates → But inflation can surge 2️⃣ Open Market Operations (OMO) This is how the Fed injects or removes liquidity using bonds. Buys bonds → Injects money → 🟩 QE (Quantitative Easing) Sells bonds / lets them expire → Removes money → 🟥 QT (Quantitative Tightening) 3️⃣ Reserve Requirements This used to be a big deal — the % banks had to hold in reserves. But since 2020, it's set to 0%. 4️⃣ Discount Rate The interest rate the Fed charges banks directly. A change here sends a strong signal to the markets. Sometimes the Fed also works in sync with the U.S. government — using fiscal support like: 💸 Stimulus checks 🏢 Corporate bailouts 🧾 Tax relief packages 📈 So... Why Does the Dollar Index (DXY) Matter? There’s a very clear inverse correlation between the DXY and BTC. When the dollar gets stronger (DXY pumps), BTC usually dumps. Why? Because rising DXY often means: 🔺 The Fed is raising rates 🔺 Liquidity is being pulled out 🔺 QT is in play Let me show you some real chart examples: 📉 July 2014 — DXY pumped → BTC dumped hard DXY Chart: BTC Chart: ➡️ Just a 28% DXY pump → 80% BTC crash. Ouch. 📈 2017 — DXY dropped → BTC entered full bull market DXY Chart: BTC Chart: ➡️ A 15% DXY drop → Bitcoin bull run of a lifetime. Now here’s the good news 👇 DXY is starting to look very bearish on the chart: Combine that with the Fed shifting to QE, and guess what? We're likely entering the early stages of another bull market. If you read my last BTC idea, you already know what I’m expecting... 🚀 A massive run is just around the corner. I hope you found this idea useful, and as always — 🐺 Discipline is rarely enjoyable, but almost always profitable 🐺 🐺 KIU_COIN 🐺
TVC:DXYEducation
by Kiu_Coin
Despite long-term support, the dollar is eyeing deeper watersAlthough the US Dollar (USD) Index has connected with a monthly support area between 98.72 and 99.67, April’s lower low at 99.01 reached levels not seen since early 2022 and price crossing below the 50-month simple moving average (SMA) at 101.91 potentially questions this support zone. Bolstering the likelihood of additional downside in the USD are the daily and H4 charts. The former exhibits scope to reach support at 98.58 (and formed a Death Cross ), while the latter completed a bearish pennant pattern (ruptured the lower boundary), extended from 100.64 and 99.01. As you can see, H4 action is currently retesting the underside of the breached pattern’s border. In view of the above technical surroundings, USD shorts could have some gas left in the tank.
TVC:DXYShort
by FPMarkets
DXY – Key Level Broken, More Downside Ahead?Hello Folks , Long time no see . The US Dollar Index (DXY) just broke below 106.5, and things are getting interesting. The trend has been weakening, and price is now sitting at a crucial zone. 📌 Here’s what I’m watching: 107.66 is the big resistance. If price can reclaim it, bulls might have a chance. 105.48 & 104.46 are the next major support levels. 👀 My Take: If we stay below 106.5, I expect more downside towards 105.4 and maybe 103.3. If price bounces and reclaims 107, I’ll reconsider. What’s your view? More downside or a bounce coming? Drop your thoughts below! 🚀🔥 🚨 Disclaimer: Just sharing ideas here—this isn’t a trade advice . Everyone sees the market differently, and the goal is to improve our analysis, not tell anyone what to do. At the end of the day, your trades are your call, your responsibility. Trade smart! 🚀📊
TVC:DXYShort
by QuantumFusion
1
DXY - Is a relief bounce to the 4-h FVG coming?The US Dollar Index (DXY) has been in a clearly defined downtrend over the recent period, showing consistent lower highs and lower lows. During its latest downward move, the DXY formed a 4-hour Fair Value Gap (FVG), which aligns with a significant gap in price action. This confluence of technical factors marks a strong rejection area, and from a trading perspective, it presents an ideal zone to consider short positions, especially if bearish price action confirms the setup. Currently, however, the DXY is sitting at a major support level. This level has historically acted as a demand zone, and given the extended move downward, a bounce or retracement to the upside is a realistic scenario. Traders should stay alert for signs of bullish momentum or reversal patterns, as the potential for a temporary recovery from this support is not unlikely before any continuation of the broader trend. Thanks for your support. - Make sure to follow me so you don't miss out on the next analysis! - Drop a like and leave a comment!
TVC:DXYShort
by Youriverse
31
The Great Long. DXY LIQUIDITY GAME.We knowgood old SEC days are coming, Fed Pivot is coming and a strong dollar is coming with it. But for now Let me explain you this chart. The chart is on a weekly timeframe but all the points of interest and liquidity can be perfectly seen on the monthly as well. I want to show you how price moves from liquidity zone to liquidity zone touching specific areas no matter what. Following all the red lines that are previous highs that the price made (liquidity) and the low from July 2023. For me this chart is pure art, this is the game I look for when daytrading, but for this being on a weekly/monthly chart is just mesmerizing. This previous -10% drop from Jan-Feb till today, comes from a very specific point in the chart. And the +15% pump that I see, is coming from a very specific point as well. As you can see this drop comes after liquidating several highs (sellside liquidity) on the way to a predominant imbalance that respected perfectly. What I want to say is that price follow liquidity first then touches a specific zone and respects it. Now, we have the same scenario but now we have targeted July 2023 low and a weekly imbalance. A significant low has been triggered and a point of interest has been fille. Fed Pivot is coming and we expect to see a strong dollar in the long run. I think this is just the perfect point in the chart for direction to shift and to start to price-in what is about to come. Last monday (Black Monday) was a climatic point. Events bring the volatility for price to make it where it has to, I think this is the turning point. I hope you enjoyed the content this is NOT Financial advice. I just want this analysis and info to be here.
TVC:DXYLong
by TheHardestEasiestWay
Dixie 41625Still in a long term uptrend and testing the lower range of its rising channel. Uncertainty may bring short term vol to the downside . But once the world understands that this is a global crisis. Dollar will once again gain strength against all others, Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona, Swiss Franc. The dollar will rip to new highs and continue its golden retrace target. Bitcoin down, which ive said. Gold and silver continue marching up. Real things hold stable and are the only true stores of value.
TVC:DXY
by BrandonrG