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!
USDX trade ideas
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.
DXY: Will Go Up! Long!
My dear friends,
Today we will analyse DXY together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 102.250 will confirm the new direction upwards with the target being the next key level of 102.798 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
Markets On Edge: Gold Soars, Dollar Stumbles, Bitcoin Bounces 🔍 Midweek Market Outlook: What’s Driving DXY, Gold & Bitcoin Right Now?
We’re in the middle of one of the most eventful trading weeks of the year.
The U.S. Dollar is retreating under policy pressure
Gold has officially gone parabolic, smashing through $3,000
Bitcoin is pulling back hard, down nearly 30% from its highs
These aren’t just price moves — they’re reflections of real economic stress and shifting capital flows.
In this week’s outlook, I break down:
📌 The key macro drivers behind these moves
📌 How the latest inflation data, Fed tone, and geopolitics are shaping sentiment
📌 Why gold is rallying like it’s 1980 all over again
📌 And what traders should anticipate next on DXY, XAUUSD, and BTCUSD
If you trade or invest in these markets, this is one of those weeks where fundamentals can’t be ignored.
🧠 Insights. 🎯 Forecasts. 🛠️ Trade Prep.
Check it out — link in the comments.
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!
DXY ideaif DXY want to go down then,
this is possible scenario because
it directly gives 4h fractals shift without sweeping liq . so it need liq to push down
therefore,
1- possibility is high it goes up
2- on 30 min TF it first gave fractals shift to trap early sellers once it then swept early sellers.
3- then it will continue its' original down push.
Trading Plan for DXY Elliott Wave View:
Large correction marked as Wave 4 in progress.
Inside it, a (A)-(B)-(C) zigzag structure is unfolding.
We’re currently in a sub-Wave B of C, expecting a short dip before a bullish move into the 104.80–105.60 supply zone (red box).
Invalidation level sits at 108.247, confirming the correction is valid below that.
2. Price Levels & Zones:
Strong support zone around 101.50–102.00, projected as a potential base for the next leg up (Wave C).
Resistance (target) is clearly the red supply zone near 105.
---
Correlation with EUR/USD Chart:
If DXY is expected to rise in its Wave C, then EUR/USD should fall (as seen in your earlier chart).
Your EUR/USD analysis targets the 1.06924 demand zone — this lines up perfectly with DXY's Wave C rise.
---
Trading Plan for DXY (or correlation play):
If trading DXY directly (if possible via CFDs):
Buy setup: Wait for minor correction (Wave B) to bottom around 101.80–102.00.
Entry: Near support with confirmation candle.
Target: Red zone 104.80–105.60.
SL: Below 101.50.
For EUR/USD traders:
Watch for EUR/USD Wave B to complete.
Once DXY starts impulsing up (Wave C), EUR/USD will likely drop hard.
That’s your sell opportunity on EUR/USD, aligned with DXY strength.
DXY WILL GO DOWN|SHORT|
✅DXY made a retest of
The horizontal resistance
Of 103.400 and we are seeing
A bearish pullback already
So we are bearish biased and
We will be expecting a
Further bearish move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.
Dollar Index Bullish to $111.350 (UPDATE)Since yesterday's Dollar update, price has moved according to our arrow. We saw a small dip down overnight & now buyers have once again pushed price back into the grey zone.
We are expecting price to remain within this grey zone, seeing it flip from a resistance zone into support. Once price closes above this zone, we'll have extra confirmation that Dollar buyers are ready to push price even higher🚀
REVERSAL ENTRY MODEL TARGETING SSLEUR/USD – 30M
Reversal Entry Model
During the London session, price swept the Asian highs, triggering buy-side liquidity. After the sweep, we had a clear change of character to the downside, indicating potential bearish intent.
I’m now expecting a pullback into my Supply Zone, where I have a SELL LIMIT order set.
Target: Liquidity resting below recent lows.
DXY Bearish Setup Ahead? (Rising Wedge + Liquidity Trap)📊 DXY is forming a potential Rising Wedge pattern, which is often a sign of weakening bullish momentum.
🔍 Scenario Breakdown:
1️⃣ Price may fake out above the wedge to grab liquidity
2️⃣ Then sharply reverse into a bearish impulse move
3️⃣ Targeting the previous structure support near 103.100
🎯 Take Profit: Key zone below the wedge (~103.100)
🛑 Stop Loss: Above recent highs / wedge top
💡 Why this makes sense:
• Wedge patterns often lead to reversals or deep corrections
• Possibility of a liquidity trap above resistance
• Post-news reaction setups (e.g., FOMC) can trigger sudden reversals
• Dollar shows signs of weakening in broader context
⚙️ Technical Tools Used:
• Rising wedge pattern
• Liquidity zone analysis
• Market structure break
• Risk-to-reward approx. 1:3
Let’s see if DXY gives us the break + trap we’re looking for!
#DXY #Forex #BearishSetup #TechnicalAnalysis #LiquidityTrap