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DXY: rebounding at the bottom of the Megaphone.The U.S. Dollar Index is neutral on its 1D technical outlook (RSI = 48.335, MACD = 0.03, ADX = 16.853) as it took a turnaround on the HL trendline of the 2 month Bullish Megaphone. The 4H MACD will form a Bullish Cross today and once the 4H MA50 breaks, we will have the buy trigger for the new bullish wave. We expect this to test at least the LH trendline (if not the R1 Zone), which is where January's wave peaked, marginally over the 0.786 Fibonacci. Go long (TP = 109.500). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXYLong
by InvestingScope
INTRADAY DXY -CHART -showing at leat one more attempt to confirmThe dxy technical challenge shows a possible uptrend which is can be confirmed by the data coming at 2:30- our suggestion is that the data will be positive for the US dollar since yesterday ATP no phone payroll came strong and it's going to be a strong indication. If the data confirms our logic, we expect another 0.40% positive appreciation of the dollar against the euro. Have to mention I'll be on at a critical into the point where the market right now is ranging, clearly showing that major players is waiting for the data, and then the price field break out. As we get closer to the weekend I do believe more and more Market participants like the position themselves to be safe and file into the dollar if so during the weekend the government of United States will hint or impose tariffs on the European Union.
TVC:DXY
by ElGatoTrade
DXY - Looking to Big PictureWhen we look back, when Trump first came, Dxy showed a 5.5% increase, Dxy goes to 103.5. And Trump Dxy is too expensive, the dollar is too expensive, it should fall, the statements started. Then Dxy's 14% decrease went to 88.5. Now Dxy is around 102. I bought it directly as a fractal from August 15, 2016. If Dxy comes to around 104 until the election, the rapid increase with Trump's arrival corresponds to 110s. It has been an expected area for a long time and when Trump Dxy is at 110s, similarly, if the decrease starts with him saying the dollar is too expensive, it goes to 94s, fractal. Here, my hopes begin and I say that it is still expensive at those levels, we will go down to 86s. This means a 4-year never-ending mega bull. I applied the same fractal to the euro, and the much-anticipated 1.02s are here again. If I can get a fund, I will look for swing shorts at 1.12s. The fractal and events looked pretty good to me. It also fit the channel nicely. FX:EURUSD
TVC:DXY
by mooniron
1
DXY - ANALYSIS👀 Observation: Hello, everyone! I hope you're all doing well. Let me share my personal view on the DXY (Dollar Index) with you. Based on the chart, I expect DXY to move upward after completing a 78% pullback and reaching the 108.010 level. From there, I anticipate the price to rise toward the range of 110.668 to 110.877. However, if DXY breaks below the 107.500 level in the 1-hour timeframe, I expect it to move downward toward the range of 106.663 to 106.174. 📉 Expectation: Bullish Scenario: Upward move to 110.668–110.877 after holding 108.010. Bearish Scenario: A break below 107.500 targeting 106.663–106.174. 💡 Key Levels to Watch: Resistance: 110.668, 110.877 Support: 107.500, 106.663, 106.174 💬 What’s your outlook on DXY this week? Let me know your thoughts in the comments! Trade safe
TVC:DXYLong
by PouyanTradeFX
The Questions That Matter, How, What and WhenTrading Into Key Areas: The Questions That Matter, How, What and When 📌 "Price has reached a key level—now what?" Many traders fixate on areas where price should react but fail to ask why it might react or how it arrived there. To improve decision-making, we need a structured approach that goes beyond simply marking levels on a chart. But understand this—trading is not merely about lines on a chart. It is about navigating complexity with clarity. The market is a vast, dynamic system, governed by the collective psychology of its participants. If you fail to structure your thinking properly, you will become lost in randomness, reacting emotionally instead of acting with discipline. Let’s impose order on the chaos. The Three Critical Questions ✅ 1. How did price arrive? A slow, controlled approach (efficient) suggests institutional order flow—the kind of deliberate, structured movement that signals purpose. A rapid, impulsive move (inefficient) hints at imbalances that may need correcting—gaps in liquidity that create instability. Has liquidity been built up or absorbed? Markets, like nature, do not tolerate inefficiency forever. ✅ 2. What are our expectations? Are we reacting to a level just because it looks right? Because it feels right? Beware of the trap of wishful thinking—price does not care what you believe. Does this area align with broader market structure (e.g. range extremes, supply/demand zones)? Are we leaning on experience or just bias? Are we seeing what is there, or only what we want to see? ✅ 3. What time has price reached this area? Session timing matters—a reaction at a level during the London Open carries more weight than during low-volume periods. Upcoming data releases can shift sentiment instantly—are you trading ahead of event risk, or blindly walking into volatility? Trade With Logic, Not Emotion The market is a relentless teacher, and those who refuse to ask the right questions will be punished accordingly. When price reaches a key area, think before reacting. Ask yourself: "Am I trading the market as it is, or as I wish it to be?" Because the difference between success and failure in trading is the difference between seeing reality for what it is and being blinded by your own assumptions. ⚡ Question: Do you have a checklist for trading key levels? Feel free to comment!
TVC:DXYEducation
by SERVER_SEVEN
DXY Rejection at Key Resistance – Potential Drop AheadThis chart of the U.S. Dollar Index (DXY) on the 4-hour timeframe shows a strong rejection from the highlighted resistance zone around 109.800–110.000. Key Observations: - Rejection at Resistance: Price attempted to break above but faced strong selling pressure, leading to a rejection. - Possible Downtrend Formation:** The price could now move lower, targeting the 1st target zone (~109.100–109.136) and potentially the **2nd target zone (~107.500–107.480)** if the bearish momentum continues. - Break of Structure (BoS) & Change of Character (ChoCh): The previous market structure shifts indicate potential reversals, supporting the idea of a bearish move. Conclusion: A pullback from resistance suggests a possible downside move. If price fails to reclaim the resistance zone, a sell-off towards the marked targets seems likely. Watch for confirmation near the 1st target to assess continuation or reversal.
TVC:DXYShort
by TRADE_CENTER_1
Levels discussed on Livestream 5th Feb 20255th Feb 2025 DXY: Trading lower, needs to break 107.50 to retest 107 round number support level. NZDUSD: Wait and look for reaction at 0.57 resistance area AUDUSD: Buy 0.6280 SL 25 TP 80 (hesitation at 0.6325) GBPUSD: Buy 1.2530 SL 30 TP 80 EURUSD: Sell 1.0440 SL 30 TP 100 USDJPY: Looking for reaction at current support level. Buy 154.10 or Sell 152.30 (SL 40 TP 120) EURJPY: Buy 160.10 SL 60 TP 120 GBPJPY: Nothing for now USDCHF: Downside to 0.8980, no H1 setup USDCAD: Sell 1.4280 SL 40 TP 150 XAUUSD: Hit my TP at 2865, could retrace to 2841 before trading higher again to maybe 2900
TVC:DXY
by JinDao_Tai
Could the dollar reaches 120 level again ?Debt as Robert Kiyosaki said can be a double edge sword. On a consumer level, if you have outstanding loan , say credit card debts , it is 24% per annum and paying the minimum would be disastrous. However, on a national level, the government has several tools to play around to minimise their debts. Thus far, I have not heard of any countries that are debt free. It seems as the economy gets better, the more debts the countries got itself into. The government debt for US is already in trillions and I believe Trump would be printing money soon! And the irony is with more US dollars floating in the market, should its currency not come tumbling down? After the Financial Crisis in 2009, the US dollar has never been stronger , riding on more than a decade of uptrend move. We must not forget the fact that the US dollars remain a "safe haven" asset to many and when inflation hits US, this would be an asset class that is going to be snap up by the institutions. Consumers in US would be paying higher price with the tariffs that other countries are imposing to counteract Trump's tariffs. Feds want to bring the inflation rate to 2% and at current rate of 2.89, it has quite a journey to travel. So , if the inflation rates continues to climb from 2.89, then the Feds will be force to increase its interest rates once more to cool down the economy. Very simple right ? With higher interest rates, consumers would want to hold more cash at bank to earn the interest and spend less, thus lowering the demand of goods and services and making the suppliers/sellers to reduce their price and thus lower inflation. Let's watch and see over the next few months on how the dollars performance will turn out .
TVC:DXY
by dchua1969
DXY Trading JournalDXY Trading Journal Feb 6 Well I was wrong yesterday in my analysis. Why? I was following the premium to discount logic, and also so new that not seeing HTF institutions order flow. Feb 5 note "My logic says if price takes out the noted sell side liquidity it should react and seek the 50 level at 108,000, and yet it could just keep seeking lower prices."-yesterdays quote. Price lowered to below the 50 level wicked through the weekly BISI/volume imbalance from Jan 27 also coming to the .618. on the daily chart. The previous range is in a discount. I would suspect that Price could seek higher Prices to rebalance the hourly FVG and the equal highs. If price comes to the 107.775-107.820 for the London session and seek lower prices in NY.
TVC:DXY
by LeanLena
Could the price bounce from here?US Dollar Index (DXY) is falling towards the pivot which is an overlap support and could bounce to the pullback resistance. Pivot: 107.14 1st Support: 106.57 1st Resistance: 108.11 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:DXYLong
by ICmarkets
1
DXY on the verge of a bearish reversal - The Trump EffectDXY has finally started to give bearish indications from HTF monthly supply and i think history is likely to repeat itself here, similar to trumps last term, where he wanted to weaken the dollar and is wanting to do the same again this term! With this in mind, the technicals are also aligning with this thesis as DXY looks more and more topped out as it hits crucial key levels and supply, giving breakdowns from the daily timeframes. Its gave a 1,2 and 3 day bearish MS, confirming the monthly supply with this bearish breakdown. From here I want to see continued downside momentum into a weekly bearish MS as marked up on the chart with a body close below this level to really give HTF confirmation of this HTF reversal from supply, leading to a full bearish reversal in DXY and a changed macro outlook as EU, GU, AU all flip bullish on their HTF, fuelling a continued bullish phase in BTC as DXY breaks down with their inverse correlation they hold. Id expect to see DXY target the SSL on the HTF range lows and come into HTF 6 month and 1 year demand ranges below this to act as key HTF reversal levels in the future. If we see the 1 weak bearish structure flip in DXY from here, its likely we start a new HTF downtrend in DXY for the foreseeable until it hits the SSL on the range lows as a minimum, which will result in a positive outlook for crypto. Trump has also publicly stated he wants to weaken the dollar and did so in his last term too, where the dollar pulled a HTF bearish reversal putting in the high and starting a bear trend for the following 400 days after his entrance to office as you can see on the chart. This only supports the HTF bearish reversal and thesis here and what im seeing on the charts! Weakening of the dollar results in many benefits to the USA and global economy: Trump's push for a weaker dollar boosts U.S. exports, reduces the trade deficit, and makes debt easier to manage by inflating it away. It also drives stock market growth and attracts foreign investment into U.S. assets. However, it risks higher inflation and weaker purchasing power. For crypto, a weaker dollar is typically bullish—investors seek alternative stores of value like Bitcoin and gold to hedge against currency devaluation. A falling USD also fuels liquidity into risk assets, driving higher speculation in crypto markets. If Trump weakens the dollar aggressively, BTC and alts could see significant upside.
TVC:DXYShort
by marshyyy
2
Greenback Today's ISM services led to profit taking in the dollar. Strong Us economic data is key in the coming months. interesting if we can break and retest above Jan 2, 2025, high of 109.40. On another front, the relative strength index is now beginning to cross below 50. failure to defend the 108 area would then depreciate to a price of 105.50, a major structural support zone, and this area is the bull's last line of defense. I am using the September 2024 low as my Fibonacci guide.
TVC:DXYLong
by Rodswingfx