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U.S. Dollar Currency IndexU.S. Dollar Currency IndexU.S. Dollar Currency Index

U.S. Dollar Currency Index

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DXY trade ideas

Bearish continuation?US Dollar Index (DXY) is rising towards the pivot an could drop to the 1st support. Pivot: 103.26 1st Support: 101.79 1st Resistance: 104.68 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYShort
by ICmarkets
U.S. Dollar Index (DXY) – Key Resistance & Bearish Target Analys📊 Key Observations: 🔵 Resistance Zone (📍~103.5 Level) A strong resistance area (🔵 blue box) is marked, indicating potential selling pressure if the price reaches this level. The price is moving upwards (📈) towards this resistance, so watch for rejection or breakout. 🔵 Support/Target Zone (📍~101.5 Level) A lower support zone (🔵 blue box) is marked as the bearish target 🎯. If the price fails at resistance, it may head downwards (📉) to this level. 📉 Recent Price Action: 🚀 Sharp drop followed by a rebound (📈). The price is currently moving back up (🔼), possibly forming a lower high before another drop. 📌 Exponential Moving Average (DEMA 9 - 102.488) The price is hovering above the 9-period DEMA (📏), showing short-term bullish momentum. If the price rejects resistance and falls below the DEMA, a bearish continuation (📉) is likely. 🚀 Potential Scenarios: ✅ Bullish Breakout: If price breaks above 🔵 resistance, it may continue rising (📈) to higher levels. ❌ Bearish Rejection: If price fails at resistance, expect a drop (📉) towards 101.5 🎯.
TVC:DXYShort
by Jameshead007
DeGRAM | DXY seeks to close the gapDXY is in a descending channel between trend lines. The price is moving from the support level, which has already acted as a reversal point twice. During the decline, the chart formed a gap and afterwards formed an inverted hammer and a harmonic pattern. On the 1H Timeframe, the Relative Strength Index is in the oversold zone and indicates bullish convergence. We expect the index to head towards the gap after breaking the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYLong
by DeGRAM
1
Bearish reversal?USDX is rising towards the resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 103.43 Why we like it: There is a pullback resistance level that aligns with the 78.6% Fibonacci retracement. Stop loss: 104.13 Why we like it: There is a pullback resistance level. Take profit: 102.30 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
VANTAGE:USDXShort
by VantageMarkets
DXY Will Move Higher! Long! Take a look at our analysis for DXY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 102.170. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.904 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. 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
DXY at Make-or-Break Level Ahead of Trade Deal UncertaintyGood day Traders, Take a moment to go through my outlook of DXY. Currently, DXY is moving within a clearly defined ascending channel, showing a short-term bullish correction after the sharp drop seen last week. Price is respecting the channel's boundaries, making higher highs and higher lows, characteristic of a pullback phase in a broader bearish move. However, attention is now drawn to the resistance zone around 103.80 – 104.19 zone. This area coincides with: 1. Top of the channel (confluence resistance) 2. A harmonic pattern completion zone or reversal block 3. A previous structural support-turned-resistance area In my view, the recent price action suggests a potential reversal at or just above this zone, leading to a new bearish leg that could see DXY breaking below the current trend channel and targeting sub-102.56 and 102.00 levels. From the fundamentals, it appears that optimism around a trade deal is helping the USD recover short-term. The market may be pricing in hope, not reality. If sentiment shifts, or deal details (between US and China) disappoint, a swift reversal is highly likely—aligning with the anticipated turn near 104.00 from the technicals. I think this makes the current zone a high-alert area for dollar bulls and bears alike. A fake-out to the upside into this supply zone could trap late buyers before the larger macro and technical forces push the dollar back down. By implication, we then expect to see a slight drop then rally on EURUSD, GBPUSD etc. Cheers and Happy trading!
TVC:DXYLong
by Samuel124
USD collapse The proposed withholding tax for foreign investors in bonds by Trump’s economic chief could negatively affect both the U.S. dollar and the stock market by reducing demand for USTs, raising bond yields, and accelerating de-dollarization. The dollar might weaken modestly, and U.S. stocks could face a correction, particularly in growth sectors sensitive to rising interest rates. However, the dollar’s reserve status and the resilience of U.S. markets suggest that a catastrophic collapse is unlikely. The real risk lies in how foreign investors and global markets react—if they perceive this as a hostile move, the fallout could be more severe.
TVC:DXYShort
by WagsCapital
U.S. Dollar Index (DXY) - Bearish Breakdown or Reversal?📊 U.S. Dollar Index (DXY) - 4H Chart Analysis 🔵 Supply Zone (104.400 - 104.683) 🟦 Resistance area where sellers may step in 📉 🟡 Key Level (~104.200) 🟧 Decision point – price struggling to hold this level 📉 Trend Line (Broken) 🔻 ❌ Previous uptrend is broken, signaling potential bearish momentum 🟢 Demand Zone (103.200 - 103.400) 🟩 Support area where buyers may get active 📈 🚀 Potential Market Movement: 1️⃣ Bearish Breakdown Expected ⬇️ 🔹 Price broke below trendline ➡️ selling pressure increasing 🔹 Possible pullback to key level (~104.200) before more downside 🔹 Targeting demand zone (~103.200-103.400) 🎯 2️⃣ Invalidation/Stop-Loss 🚫 🔺 If price moves back above 104.683, bearish setup is invalid 🔺 Stop-loss placed at 104.683 for risk management 🎯 Trading Strategy: ✅ Short Entry: After pullback near 104.200 🎯 Target: 103.200 demand zone ⚠️ Stop Loss: Above 104.683
TVC:DXYShort
by Jameshead007
Weekly FOREX Forecast: Buy EUR, GBP, AUD, NZD vs USDThis is an outlook for the week of April 7 - 11th. In this video, we will analyze the following FX markets: USD Index EUR GBP AUD NZD CAD CHF JPY Wait for the market to tip its hand! Monday is a no red folder news day. Great time to let the markets settle on a direction. Trading a market after a huge push in one direction can be tricky. There is likely to be a pullback before continuing the overall trend. Bear this in mind with the USD. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
TVC:DXY
by RT_Money
DeGRAM | DXY broke the triangle downwardDXY is in a descending channel under a triangle. The price is moving from the upper boundary of the channel, resistance level and upper trendline, which previously acted as a pullback point. The chart failed to form an ascending structure, but it formed a harmonic pattern and broke down the mirror support level, which now acts as resistance. On the main timeframes, the relative strength index is below 50 points. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYShort
by DeGRAM
1
DXYThe DXY is expected to become bearish and decline significantly, possibly reaching levels between 96.50 and 94.78. This is primarily due to the taxes imposed by Donald Trump, which led to an economic war. As a result, the dollar has weakened, and we are seeing a severe economic downturn, similar to the financial crisis during the COVID-19 pandemic or the 2008 global recession. Therefore, it is anticipated that the DXY will experience a sharp decline or a strong bearish trend.
TVC:DXYShort
by ProfissionalGoldHntryhunter
DXY – Bullish BAT Harmonic Pattern Formed ✅ Overview: Pattern Identified: Bullish BAT Current Trend: Bearish Reversal Zone: Near 0.886 Fibonacci level (Potential PRZ – Potential Reversal Zone) Bias: Short-term bearish ➝ Medium-term bullish 🧩 Pattern Structure: X to A: Initial bullish leg A to B: Retracement ~38.2%–50% B to C: Extension to ~88.6% C to D: Final bearish leg completing near 0.886 of XA → D point is the potential long entry zone 📈 Trade Plan – LONG Setup (Once PRZ is Hit) Entry: Buy near the 0.886 level of XA leg (watch for reversal candles or structure break) Wait for confirmation on lower timeframes (1H or 4H) Stop Loss: Below the X-point or slightly below 0.886 zone Targets: TP1: 0.382 retracement of AD TP2: 0.618 retracement of AD TP3 (Optional): Break and retest of structure above B point R:R Goal: At least 1:2 ⚠️ Key Considerations: Short-term DXY is still bearish; wait for reaction at PRZ Ideal to pair with bullish divergence or support zone confluence Watch for fundamental catalysts (CPI, NFP, Fed speakers) impacting USD strength
TVC:DXY
by MAAwan