DXY Bullish ideaDXY has a few PD Arrays to support the Bullish idea as I'd like to see the market rally from the Daily FVG but with the current candle bearing I'll monitor the Hourly chart for market structure.
DXY trade ideas
DXYDXY 99.418 Bearish Target – Summary:
99.418 is likely a key support level or technical target based on chart patterns or retracement levels.
It marks a potential bounce zone or short-term bearish goal before deeper levels like 98 or 95.
Break below 100 and weak momentum indicators support the move toward 99.418.
If DXY holds above 99.418, it may trigger a short-term rebound.
DXY Expected to Decline TomorrowDXY is expected to decline tomorrow, with potential for a maximum rise to the 101 resistance area accompanied by upper shadow formation.
A rising wedge pattern has formed, with stochastic in the overbought region, and there's a possibility of rejection at the dynamic resistance level.
DXY Bearish Forecast for Quarter 2, 20251. Technical analysis
The idea is based in ICT's PO3; AMD pattern.
We have a rally above the open price of May 2025, to take out BSL above the highs.
It also aligns with Daily tf premium arrays to short from.
The lowest hanging fruit being the relative equal lows at equilibrium of the dealing range.
2. Fundamental analysis
Investor's confidence in the Dollar is low due to POTUS' tariffs.
ICT: Inner Circle Trader
PO3: Power of 3
AMD: Accumulation, Manipulation & Distribution
BSL: Buy side liquidity
tf: Timeframe
DXY Bullish Based on price Action, this is a swing long with a 1:4 RR
Target is there as we have pending buy side liquidity that was left for future run
Do Not Be Fooled TVC:DXY is not truly weak. Over the past 2 months the only thing mainstream Fin Media has been talking about is how Dollar value is plummeting and while I do not debate the merits o that I do take contention with the idea that this means the DXY Will KEEP going down significantly from here. From a pure TA perspective DXY is simply in a consolidation phase with a high level volatility which did not begin with the recent drop in March. I began watching DXy like a HAWK in November 2024 and for anyone who has not, the extreme volatility began then with DXY going on a rally from Nov 24 to feb 25. The move from Mach until now has been simply another leg of vol extension. This is important to realize because the volatility now points to higher levels of it eventually returning and when that happens I predict it will take the form of an explosive impulse to the upside based on the long term inverse head and shoulders pattern coupled with the near textbook bull flag pattern
DXY:Sharing of the Trading Strategy for Next Week This week’s trading wrapped up successfully. Our exclusive VIP trading signals achieved a 90% accuracy rate!
Recently, the economic data of the United States has shown mixed performance. The non-farm payrolls added in April were higher than expected, but the data for March was revised downward, and the number of initial jobless claims also exceeded expectations. Overall, the U.S. Dollar Index still has a trend of fluctuating. Pay attention to the resistance level of 100.3742 above and the support level of 99.2702 below. In terms of trading operations, it is mainly advisable to take short positions on rebounds.
Trading Strategy:
sell@100.3000-100.0000
TP:59.5000-59.0000
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Heading into 61.8% Fibonacci resistance?US Dollar Index (DXY) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support.
Pivot: 101.39
1st Support: 99.91
1st Resistance: 102.58
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USXUSD H4 FTB FrameworkUSXUSD H4 FTB Framework
NFP High is weak.
Let's see if Medz is right once again.
DXY Analysis: Head & Shoulders or a Bull Trap? Despite a notable contraction in U.S. GDP and a sharp drop in Core PCE — both pointing to increasing recession risk — the U.S. Dollar Index (DXY) managed to sustain its rebound.
On the 4-hour chart, DXY is pushing above the neckline of an inverted head-and-shoulders formation. However, confirmation is still needed — a clean hold above 100.30 is essential to avoid a bull trap.
Upside Levels in Sight (if 100.30 holds):101.30 - 102.00 - 103.50
Downside Risk (if neckline fails):99.30 - 98.90 - 98.00
From a monthly perspective, DXY is holding above the 98 support and remains above the lower border of the up-trending channel extending from the 2008 lows, paving the way for another possible drop this year towards that border should the 98-support be decisively breached.
From a daily momentum perspective, the overall picture may signal a short-term trend reset before markets regain directional clarity
Written by Razan Hilal, CMT
DOLLAR DOLLAR ,the double bottom reversal of gold is showing demand to reclaim the 100 mark,if it stays above this zone we could see a strong bullish kick.
IMP update for all Forex Traders Expect the Dollar Index (DXY) to appreciate in the near future. However, a further decline into the green highlighted region is possible before this upward movement. The green zone represents a potential key reversal area. Monitor the following currency pairs for trading opportunities if the DXY begins to climb:
BUY - USDCAD, USDCHF, USDSGD;
SELL - EURUSD, GBPUSD
DXY updateDXY performing exactly what it performed when Last time TRump became president.
and Technically created a very clear AMD structure.
Now it is in Distribution zone...
DXY Printing a Bullish Triangle??The DXY on the 1 Hr Chart is forming a potential continuation pattern, the Bullish Triangle!
Currently Price is testing the 99.6 - 99.8 Resistance Area and battling with the 200 EMA and 34 EMA Band. The reaction to this conjunction could be pivotal in who overcomes: Buyers or Sellers.
Now during the formation of the potential pattern, Price on the RSI has stayed relatively Above the 50 mark being Bullish Territory suggesting Buyers could win the Bull-Bear battle.
Until Price breaks either the Resistance Area or the Rising Support, we will not have a definitive direction in which USD will strengthen or weaken.
*Wait For The Break*
-If Price breaks the Resistance Area, USD will strength possibly heading to the 100.8 - 101 Area
-If Price breaks the Rising Support, USD will weaken possibly heading to the 98.5 - 98.3 Area
Fundamentally, it is said China and USA are possibly getting closer to potentially ending the Reciprocal Tariff War going on with both sides willing to negotiate.
With the USA being the #1 Consumer of Goods globally, other economies can not afford us to not buy their things so I continue to see the Tariff War more as a Strong-Arm for the USA to be able to negotiate better terms!
USD News:
JOLTS - Tuesday, Apr. 29th
GDP - Wednesday, Apr. 30th
Unemployment Claims / ISM Manu. PMI - Thursday, May 1st
Non-Farm Employment Change / Avg Hourly Earnings / Unemployment Rate - Friday, May 2nd
For all things Currency,
Keep it Current,
With Novi_Fibonacci
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.
USD StrengthGiven the current technical indicators and fundamental backdrop, the DXY may continue to face downward pressure in the short term. However, strong economic fundamentals and potential shifts in Federal Reserve policy could provide support, leading to a stabilization or potential rebound.
DXY - ANALYSIS👀 Observation:
Hello, everyone! I hope you're doing well. I’d like to share my analysis of DXY (Dollar Index) with you.
Looking at the DXY chart, I expect a price increase towards 101.267. After reaching this level, I anticipate a decline to around 96.00.
📉 Expectation:
Bullish Scenario: Price increases towards 101.267.
Bearish Scenario: After reaching 101.267, a decline to 96.00.
💡 Key Levels to Watch:
Resistance: 101.267
Support: 96.00
💬 What are your thoughts on DXY this week? Let me know in the comments!
Trade safe
Price Action + Fundamentals Point to Dollar StrengthThe current market environment presents compelling evidence for a bullish move in the US Dollar Index (DXY). While some patience is required, the setup is increasingly favorable for the dollar to appreciate in the coming weeks and months.
Key Factors Supporting a Bullish Move:
Monthly Close Above 100.160:
A critical technical level to monitor is the monthly close above 100.160. If achieved, it would signal a strong bullish breakout, setting the stage for a continuation higher. Given current price action and market dynamics, this scenario looks highly probable. However, if the price fails to close above 100.160 and instead breaks below it, we could potentially start looking for short opportunities.
Bond Market Strength (30Y, 10Y, 5Y):
This past week, we witnessed notable strength across the US bond market. Yields declined as prices rose, typically a positive signal for the dollar as it reflects capital inflows into US assets.
COT Report Insights:
The Commitment of Traders (COT) report reveals a critical shift: commercial traders, often considered the "smart money," are beginning to accumulate long positions in the dollar. This change in positioning historically precedes significant bullish moves.
Seasonal Patterns:
Seasonality also favors the dollar during this period. Historically, the dollar tends to strengthen in the mid-year months, aligning perfectly with the current technical and fundamental landscape.
Targets:
Initial Target: 106.120
Given the accumulation signs and supportive macro backdrop, a move towards 106.120 seems very realistic.
DXYIf we look at nature's theory , we can define see that the impulsive phase is to the upside and the market corrects to the down side.
We have a clear uptrend with 2 confirmed touches and now anticipating a bullish impulse on the third touch
The third touch is also a third touch of a pattern with 2 confirmed touches waiting for the final touch to go
Multiple confirmations
DXY (LONG)
Inverse Head and Shoulders pattern
Which Serves as reversal pattern
Dollar strength coming
DXY Technical Analysis – Bearish BiasDXY Technical Analysis – Bearish Bias
Market Structure: The price attempted a recovery but failed to break above a strong supply/resistance zone around 99.30–99.40.
Price Action: A rounded bottom (U-shape) move formed, but instead of continuation, the price rejected the resistance and started to fall.
