DXY aka USD daily chartUnless there is a big move down the bullish channel, the bias is still bullish in the longer term. You never know, the "tariff" thing is still on going, just one sentence from trump could cause bulls to push it back up. For now it is work in progress.by stanchiam2
DXYThe DXY (U.S. Dollar Index) measures the strength of the U.S. dollar against a basket of six major currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. It serves as a key indicator of the dollar’s value in global markets. The index tends to rise when the dollar strengthens and falls when it weakens. Major economic events, Federal Reserve policies, inflation data, and geopolitical developments significantly impact its movements. Traders and investors use the DXY to assess currency trends, hedge risks, and make informed decisions in forex and commodities markets.Longby HavalMamar6
DXY 1hMaking High Resistance we are Bearish but we are also Bullish because we come from Support i recommend to see what liq will be taken pref. sellside sweep after a MSS bullish and to push a little Higher, if we see some drops the probability is higher take that local +OB below liq beeing taken outLongby PagueUpdated 2
🇺🇸 Is Trump Really Making America Great Again? Or Is DXY Telli🇺🇸 Is Trump Really Making America Great Again? Or Is DXY Telling a Different Story? 💰 The US Dollar Index (DXY) is at a critical crossroads, pulling back to weekly support while sitting at deep Fibonacci retracement levels. This is a key area to watch—if support holds, we could see a strong rebound. But if it fails, a deeper pullback and correction may be on the horizon. Keep an eye on this level—the next move could set the tone for what’s ahead. 📉📈 by samstoobad0
Scenario on DXY 13.2.2025I would see the dollar index like this if I was considering going short I would first consider going above the monthly level of 108.048 if the market continued then I have one more SFP at a price around 108.6 if I was going to talk about a long position then first around the monthly level of 107.053 then the next one below the daily level of 106.724.by Sony971
DXY Will Go Higher From Support! Buy! Here is our detailed technical review for DXY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 107.865. The above observations make me that the market will inevitably achieve 110.063 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider114
**DXY 4H Analysis: Ascending Channel Support, Bullish Move AheadThis DXY 4H chart shows an ascending channel with multiple BOS (Break of Structure) and CHoCH (Change of Character) points. The price is currently near the lower trendline support, around 107.754, suggesting a potential bullish reaction. A minor BOS has formed, and a possible retest of the 108.000 zone could act as confirmation for a bullish move. If the price holds above this support, the next upside target is around 110.062. However, a breakdown below the ascending trendline could indicate weakness, with support levels at 107.706–107.675 and a stronger demand zone lower around 106.400.Longby TRADE_CENTER_16
DeGRAM | DXY retest of the trend lineDXY is in a descending channel between trend lines. The price is moving from the lower boundary of the channel and has already reached the dynamic support, which has previously acted as a rebound point twice. The chart dropped below the 62% retracement level and afterwards formed a harmonic pattern and even though the descending structure has been maintained, the index has not yet formed a descending bottom. We expect that after consolidation above 107.760 DXY may rise in the channel to the nearest resistance at 108.540. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM448
DXY OutlookIt appears that DXY is pausing this uptrend briefly soon. A push up with a B wave followed by a C wave correction. After that we should continue to hit the technical target of the uptrend.by PepeOnlyFrens113
DeGRAM | DXY growth in the channelThe DXY is in an ascending channel between the trend lines. The price is moving from the lower boundary of the channel and dynamic support, which has already acted as a rebound point twice. The chart has formed a harmonic pattern. The index will continue to grow after consolidation above the 62% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAMUpdated 7712
DXY- Trade Plan 11/02/2025Dear Traders, I expect price will be start correction to 105.200 Area , Now price started downward movement (Descending Channel) i have 2 Scenario`s for Correction 1- Start correction from 108.600-108.700 2- Start Correction from 109.000-.109.100 If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!Shortby alirezakUpdated 6
$DXY Weekly Analysis: Bearish Divergence and Trendline Breakdown DXY Shows Bearish Divergence and Breakdown – Bullish Implications for Bitcoin, Gold, and Forex The U.S. Dollar Index ( TVC:DXY ) has formed a clear bearish divergence on the weekly timeframe, indicating potential downside momentum. Additionally, it has lost key trendline support, further confirming weakness in the dollar. Key Support Levels for #DXY Next Major Support: 102 - 100 zone If the 110 support level is breached, DXY could experience a sharp plunge, accelerating further downside. Bullish Impact on Bitcoin, Altcoins, Gold, and Forex Since the DXY moves inversely to risk assets and other currencies, its bearish outlook could support: ✅ #Bitcoin & #Altcoins: Potential for upward momentum ✅ #Gold: Increased demand as a hedge against a weaker dollar ✅ #Forex Markets: Currencies like EUR, GBP, and others could gain strength against the USD The current bearish divergence and breakdown of trendline support in DXY suggest continued dollar weakness. If key support levels fail, we could see strong rallies in Bitcoin, altcoins, gold, and major forex pairs in the coming weeks. Longby crypto_vulture_signals1
ABC Correction perfection A Beautiful ABC pattern Lines up perfectly with : - Previous range Point Of Control - Previous month Value Area Low - A Daily Naked - The 1 to 1 - Global Swing Low Avwap Elliot wave theory I expect early next week being hit. Then target the highs for a wyckoff distribution pattern. People are already positioning EU swing longs, without a spring. We need to punish dem early bulls 🏌️♀️ CAPITALCOM:DXY OANDA:EURUSD CME:6E1! ICEUS:DX1! by robot_heidi3
DXY hovers near the ascending channel's support at 107.50Technical Perspective: DXY pared recent gains as the price approached the ascending channel's lower bound and support at 107.50, which coincides with the 78.6% Fibonacci extension and 61.8% Fibonacci retracement. If DXY rebounds above 107.50, the price could gain upward momentum and retest the 109.50 resistance, which aligns with the 78.6% Fibonacci extension. Conversely, a break below the 107.50 support level could prompt a steeper decline toward the next support at 105.50. Fundamental Perspective: Hot inflation data in the US has spurred speculation that the Fed will not have much room to cut rates this year. Fed Chair Powell echoed this sentiment, indicating that the central bank will keep interest rates at restrictive levels. Consequently, bond yields soared, with the US 10-year Treasury hovering around 4.6%, putting pressure on equities, though tech stocks remain resilient. Fed's hawkish stance and the inflationary nature of trade tariffs could continue to support the US dollar's strength. Author: Li Xing Gan, CMT, CFTe, Financial Market Strategist Consultant to Exness Longby lixing_gan3
DXY Trading JournalDXY Trading Journal Feb 13 I like how Price did seek to complete rebalancing the Volume gap and lowered to just shy of .79. Spot on analysis, celebrate! Then I suggested that Price would react at that level and it did. Today Price opens in a double discount on the previous days range, and session range. Its likely that Price will gravitate to 15M and rebalance in Asia and London. Will it lower to the sell side equal lows, before seeking higher Price in NY? News In New York which is really pushing price around in search of liquidity. Im mainly bullish looking for longs! Longby LeanLena2
How I see dollar indexI see dollar index bearish in next 3 month so we can assume and search for buys in following pairs 1. #eurusd 2. #gbpusd 3. #audusd 4. #nzdusd 5. #xauusd 6. #S&P and #NQShortby sincapital1
Skyrocket Inflation at 3%!Previous U.S. Inflation Rate: 2.9% New U.S. Inflation Rate: 3% U.S inflation rate has rocketed up once again, which comes as no surprise. An excuse they’ll use to keep interest rates high, which effects the everyday person. Part of the game they’re playing📈by BA_Investments7
DXY: Dollar Surges Amid Inflation Pressures! Hi Traders Since the CPI came in higher than expected (0.5% vs 0.3%), this signals continued inflationary pressures, which may lead the Federal Reserve to delay interest rate cuts or even consider raising them if inflation continues to rise. The dollar could gain strength 💪 due to expectations that the Fed will remain hawkish. Markets may experience significant volatility ⚠️, especially in dollar pairs and U.S. indices.Educationby hamidTrader210
DXY Analysis Before CPI News📊 DXY Analysis Before CPI News 🔹 The price is still bouncing from the marked zone, showing some buying strength. 🔹 But be cautious! Today's CPI news will have a significant impact on the dollar. 🔹 If CPI comes in weak, we might see a bearish breakout below this zone. 🔹 On the other hand, if CPI is strong, it could support a further bounce upwards. 💬 What do you think about the possible scenarios? 🚀by hamidTrader211
DXYThe U.S. Bureau of Labor Statistics is releasing the Consumer Price Index (CPI) report, with forecasts anticipating an annual CPI increase of 2.9%, matching the previous reading. The core CPI, excluding food and energy prices, is predicted to remain above the Federal Reserve's (Fed) target at 3.1% year-over-year. Monthly forecasts suggest a 0.3% increase in both CPI metrics. Potential Market Impact: US Dollar (DXY): The CPI data might influence the US Dollar’s (USD) price action in the short term. Higher-than-expected CPI figures may strengthen the USD, while lower figures could weaken it. Rising inflationary expectations may get a nod if the US CPI comes in higher than expected. The US Dollar Index is rallying off range support, opening the door for extended gains if the CPI data fuels a DXY rally. A stronger dollar typically has a negative correlation with the price of gold, as gold is often priced in U.S. dollars while The Fed is expected to maintain its hawkish stance. The market anticipates the central bank will likely begin its easing cycle in June there is on going Uncertainty about tariffs and trade policy change which could weigh on the US Dollar Index (DXY). The rising inflationary expectations may get a nod if the US CPI comes in higher than expected, while any new tariff announcements will likely add to the USDs appeal. If the core CPI m/m exceeds the expected 0.3%, the US Dollar Index (DXY) could experience a boost A higher-than-expected core CPI reading could make it more likely that the Federal Reserve will continue to raise interest rates Higher interest rates typically make the dollar more attractive to investors, leading to increased demand and a stronger dollar An increase in the CPI prints, particularly the core reading could then in theory be responsible for another leg higher in the US Dollar index (DXY EURUSD,AUDUSD,GBPUSD,USDJPY,USDZAR,USDCHF, will be watched on highers than expected data print to win in the direction of DOLLAR11:27by Shavyfxhub3
possibility of uptrendIt is expected that the corrective and fluctuating trend will continue until the specified support levels are formed, then there is a possibility of a trend change and the upward trend will begin.by STPFOREX0
US Dollar Currently the price is in a consolidation where we have sellers dominating. The participants are price takers and we need more buyers to continue and so we need more demand. to make the market there must give the opportunity to people to come and buy therefore come to the level of the price takeoff in a demand zone of January 27 and there people can buy to create a new highLongby Yannick9225
Highlights of J.Powell's monetary policy testimony1. Interest rate outlook: Reiterating that there is no need to rush to adjust interest rates. If the economy remains strong and inflation does not get close to 2%, policy can remain prudent for longer. If the labor market weakens unexpectedly or inflation falls more than expected, policy could be loosened modestly. 2. Inflation situation: Long-term inflation expectations appear solid. Inflation is close to the 2% target, but still a bit high. Focus on achieving your dual goals. The Fed's framework review will not focus on inflation targeting. 3. Labor market: Unemployment rate remains low and stable. The labor market situation has cooled after the previous overheating period and remains solid, not becoming a source of inflationary pressure. The labor market situation in general remains balanced. 4. Banking supervision: Commit to adjusting banking supervision activities, avoiding creating excessive burdens for banks. It is necessary to reconsider the "non-bank" issue. Committed to the ultimate goal of completing Basel III. 5. Long-term interest rates: The Federal Reserve cannot control long-term interest rates, and the reason long-term interest rates are high has nothing to do with Federal Reserve policy. Long-term interest rates are determined by supply and demand in the bond market. 6. Tariff issue: I still maintain my previous view that countries implementing free trade will have faster economic growth. The Federal Reserve declined to comment on the Trump administration's tariff policy. 7. Housing issues: Fannie Mae and Freddie Mac may lower mortgage rates. Even as interest rates fall, the housing shortage continues. It is unclear whether interest rate cuts will lead to a reduction in housing inflation. 8. Other highlights: If the Consumer Financial Protection Bureau (CFPB) is shut down, there will be a gap in consumer compliance protections. There is no possibility of launching a central bank digital currency.by Xayah_trading4