USDX-BUY straegy Daily chart Regression channelThe USDX shows clearly we should be cautious in selling USD, and this applies across the board. Based on channel and the extreme case we are in, we can bounced back ttowards 101.20-101.70 area in the near term.
Strategy BUY @ 97.80 - 98.20 and take proft in stages 1. @ 100.37 and 2. 101.57.
DXY trade ideas
DXY Ready to Pop – Watch That 100 Break!After breaking below the key psychological level at 100 and making a low just under 98, the Dollar Index ( TVC:DXY ) has entered a consolidation phase.
Over the past three weeks, price has developed an inverted head and shoulders pattern, with the neckline perfectly aligning with the horizontal resistance at 100 — a strong zone of confluence from both a technical and psychological standpoint.
Despite the current hesitation under resistance, the structure suggests bullish potential. I believe we are approaching a breakout above 100, and once that happens, an acceleration to the upside is likely to follow.
🎯 Target: 102
🔒 Invalidation: A break below 98 would cancel the bullish bias.
As long as the price stays above the 98 area, I remain bullish and expect the dollar to strengthen.
🚀 The breakout hasn’t happened yet — but the pressure is building.
DXY Update – Bullish Correction in PlayAt the beginning of the month, I mentioned that the USD Index (DXY) could start a corrective move to the upside, with the 100 level being the critical line in the sand.
Indeed, the index managed to break and hold above this psychological and technical level, currently trading around 100.70, well above the former resistance now turned support.
My bullish outlook remains intact, and I expect the upside continuation to target the 102 zone in the coming sessions.
Conclusion: For pairs like EURUSD and GBPUSD, rallies should be sold as long as this bullish momentum holds. 🚀
Check the trend It is expected that a trend change will form at the current resistance level and we will witness the beginning of a downtrend. If the index breaks through the resistance level, the upward trend will continue to the specified resistance levels. Then, there is a possibility of a trend change at this level.
Viper Sunday Breakdown May11th 2025On Sunday's we give a weekly peek into the markets and see what happened last week and what's possible for the week ahead.
Using the Viper indicator and 3 distinct strategies we breakdown DXY,Gold, US30, Nas100, Oil and Forex pairs.
CPI news coming this week, looking for a great volatile week ahead!!
Bearish revrsal off pullback resistance?US Dollar Index (DXY) is rising towards the pivot and could reverse from this level to the 1st support.
Pivot: 101.78
1st Support: 98.90
1st Resistance: 103.41
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DXY Will Go Higher! Long!
Please, check our technical outlook 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 100.428.
Considering the today's price action, probabilities will be high to see a movement to 102.304.
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.
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DXY 4HR , Daily AnalysisThe DXY is expected to make a minor bullish move until it reaches the 101.56 level. From there, a bearish reversal is anticipated, potentially driving the index lower until it forms a new lower low or reaches the key support zone between 96.80 and 95.40. At that level, a significant bullish reversal or a strong upward movement is likely to occur.
DXY May 11 week in review and week ahead notesDXY
May 11
Week in review
Monday price was in consolidation, Tuesday Price lower to take sell stops creating the low and then started to seek higher prices into Tuesday, Wednesday and Thursday, while Friday retraced Thursday’s delivery. Price broke its range on Thursday for Friday to create the high.
Fridays Delivery
Price was in a premium in Asia Price expanded to take minor buy side. Price reversed to lower prices to noted inefficiencies to rebalance. Price lowered to the .618 to then retrace in NY and went into consolidation to close.
Week ahead
Price on the weekly is a discount
Price current range is a Premium
Previous session is delivering to a discount
Price is seeking higher prices to rebalance a W SIBI and a 4 hour FVG
I suspect that DXY could be shifting to a bull bias in the coming weeks. I note the event horizon at lower prices to keep watch for.
NO news Monday and Wednesday
I suspect for Price to enter Monday with a continuation seeking higher prices to rebalance the 4 hour FVG. Note the equal lows that could be a magnet.
Let Sundays delivery occur and plan from there.
Dollar Plunge To 97.921: Trump’s Tariff Tsunami Erodes DollarDollar Index fell to 97.921, its lowest since April 2025, as Trump’s aggressive tariffs on critical minerals and China trade retaliation spooked investors.
Analysts warn the dollar’s status as a reserve currency is under threat, with foreign holdings of U.S. assets declining sharply.
However in the short-term, dollar might see appreciation up into premium PD arrays, namely the weekly fair value gap outlined.
My Thoughts #006My Thoughts
Are that we still continuing with the bullish trend still waiting for a choch on the 4h demand zone to take my trade as illustrated...
We need to see the pair move from bearish to bullish trend in line with the overall trend
The pair could sell
use proper risk management
Let's do the most
USD Week 3 of Gains - 23.6% Fibonacci RetracementThis week has been the third consecutive week of gains for DXY and this comes in stark contrast to the bearish trend that drove price in early-April trade. This week was of course a lift from the FOMC rate decision, and next week brings inflation back to center-stage with the Tuesday release of CPI.
In DXY, we've only seen a mere 23.6% retracement of the 2025 sell-off so this move is still very much in the early stages. We also can't rule out sellers taking another shot here, as the oversold RSI reading from a few weeks ago often doesn't mark the exact low - because trends can usually take some time before they actually turn.
What will probably weigh on the matter is EUR/USD and whether a larger pullback can show there, but for now, it's the 1.1200 handle that's led to a bounce for this week. In DXY, there's key support at 100.22, 100 and then 99.18 for bulls to defend into next week. And key resistance is around the 102.00 handle in DXY. - js