Dollar Index Bullish to $111.350 (UPDATE)The DXY wave analysis has been re-counted & bullish bias remains👇
⭕️3 Major Sub-Wave Correction
⭕️3 Minor Sub-Waves Within Major
⭕️Gold Bearish, Which Makes DXY Bullish
DOLLARINDEX trade ideas
Dollar is ready to continue its explosive move upwards TVC:DXY is looking HUGE the support is holding and getting bought up while putting up more technical supports everywhere needed for it to carve out a bottom. The big intersection between the wedge and the inverse head and shoulders scream cash is currently a buy
DXY & BTC FOR NIGHT OWLSDXY & BTC FOR NIGHT OWLS
You know, last Friday night I posted that DXY would see a corrective upward move toward the 104–105.3 range—just a corrective rise, mind you.
At this moment, there’s a bit of a conflict between DXY and BTC. DXY wants to edge up slightly to that range after bottoming out around 101.7. Meanwhile, BTC is stuck, unable to rise alongside DXY, even though they’re currently in the same structural boat.
This very “stuck” situation is what gave you a short position down below 74k—lower than the previous bottom of 76k. So now, as DXY climbs, BTC has the conditions to follow DXY’s lead.
Here’s a key reminder: right now, DXY, BTC, and stocks (CK) are on the same team.
XAU (gold), GBP, and EUR are on the opposing team.
In the medium term, the gold camp has already taken profits, and naturally, GOLD will decline. Medium-term money is shifting back to USD and BTC.
Will this shift provide enough momentum for BTC to surge strongly again? I don’t think so—not yet. DXY will likely cut interest rates soon, and the act of devaluing the US dollar’s peg will kick off shortly after.
Enjoy the read!
DXY s my primary indicator for all usd related pairsSince i have already sent the GOLD Set , this dollar index is showing bearish and the key zone having too much support meaning dollar has a potential of goin weak again , opening oppotunities for new high break on Gold , Gold is investly proposional to the direction of dollar index streangth
Market Insights with Gary Thomson: April 7 - 11Market Insights with Gary Thomson: FOMC Minutes, US Inflation Rate, US PPI, Earnings Reports
In this video, we’ll explore the key economic events, market trends, and corporate news shaping the financial landscape. Get ready for expert insights into forex, commodities, and stocks to help you navigate the week ahead. Let’s dive in!
In this episode, we discuss:
- FOMC Meeting Minutes
- US Inflation Rate
- US Producer Price Index
- Corporate Earnings Statements
Don’t miss out—gain insights to stay ahead in your trading journey.
This video represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
dxy buy tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
DeGRAM | DXY continues to growDXY is in a descending channel between trend lines.
The price is moving from the lower boundary of the channel.
During the momentum corrections, the chart successfully maintained the structure and held the 50% retracement level.
We expect the upward movement in the channel to continue.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | DXY dollar in the turbulence zoneDXY is in a descending channel under the trend lines.
The price is moving from the upper boundary of the channel.
After breaking the trend line, the chart went sharply lower amid the announcement of trade duties, after which it formed a gap.
On the main timeframes indicators have gone into the oversold zone.
We expect that the index will seek to close the gap after testing the lower boundary of the channel.
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DXY Bearish trend continues on SSL and Bearish ORDER BLOCKDXY is known for extreme liquidity grabs especially after Trump's tariff announcements. Until we see countries remove tariffs and companies changing factory locations DXY will still be week. A decent pullback this week?? Probably not, Next? Maybe STAY SHARP!!
downtrendIt is expected that a trend change will form within the current support range and we will witness the start of an upward trend.
If the index crosses the support ranges, a continuation of the downward trend will be likely.
DXY set to go downward to 101.267.Price has respected the 1 hourly volume imbalance, warranting bearish momentum down to 101.267.
DXYU.S Dollar Index - DXY
- Bearish Channel in Long Time Frame
- Break of Structure
- Completed " 123 " Impulsive Waves
- Order Block
- Fibonacci Level - 78.60%
Bearish week forecast DXYWeekly chart is showing price at discount but still in bearish order flow
Daily in bearish order flow and showing a potential internal to external range move
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
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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.
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
DXY PULLBACK EXPECTED|SHORT|
✅DXY surged again to retest the resistance of 103.400
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
DXY (USDX): Trend in daily time frameThe color levels are very accurate levels of support and resistance in different time frames, and we have to wait for their reaction in these areas.
So, Please pay special attention to the very accurate trend, colored levels, and you must know that SETUP is very sensitive.
BEST,
MT
DXY Outlook: Will Trump’s Tariff Shock Fuel a Run to 106?DXY Technical Outlook – April Week 2
After Trump’s tariff announcement shook the markets last week, the Dollar Index (DXY) dropped sharply into an extreme daily demand zone (102.000–101.500) and responded with strong bullish pressure by Friday’s close.
If fear continues into Monday, DXY could extend higher. The key area to watch is 103.500, a solid resistance zone. A clean breakout above this level could trigger an aggressive rally toward 105.500–106.000, where major supply lies.
Bias: Bullish
Key Levels:
• Support: 102.000 – 101.500 (extreme demand zone)
• Resistance 1: 103.500
• Resistance 2: 105.500 – 106.000
This week, USD could be one of the strongest assets if risk-off sentiment continues and equity markets remain under pressure.
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Weekly forecast by Sphinx Trading
Let me know your bias in the comments.
#DXY #USD #DollarIndex #ForexAnalysis #SphinxWeekly #TrumpTariffs #RiskOff #MacroView
Will the DXY Hold the $109 Level Amid Bearish Patterns and CPI?The DXY is currently forming a bearish chart pattern as it awaits the release of today's CPI data. The key question remains: will the $109 support level hold firm, or is a breakdown imminent? I’d love to hear your analysis and insights on this critical matter.
