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$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.
TLong
by crypto_vulture_signals
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
TLong
by lixing_gan
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!
TLong
by LeanLena
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.
TEducation
by hamidTrader21
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 DOLLAR
C
by Shavyfxhub
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.
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by Xayah_trading
DXY Trading Journal Feb 12DXY Trading Journal Feb 12 HTF price is rebalancing a weekly SIBI and a daily SIBI. Monday Price continues to deliver in a premium, and first seeks lower prices to rebalancing the volume gap. Note how it worked the upper portion of the imbalance indicating that it is a bearish. Prices closes in the lower half of the FVG. Note how for the daily range is so heavy it can not even make it to 50 level. Note how price created equal highs. Note how Price did a raid on buys stops on late Monday to set up seeking lowers prices Tuesday. Price opens Tuesday heavy seeks to rebalance the volume imbalance and seeks the sell stops target. Classic take liquidity and lower. Today Price is opening in a Premium on previous days range and current range. I suspect that Price will seek to complete rebalancing the Volume gap it is in right now. Potentially could come as low as the .79 level watch for reactions.
TShort
by LeanLena
Daily CLS, Order Block Midpoint, Model 1Daily CLS, Order Block Midpoint, Model 1. At the moment price action is still bullish. I would like to see a reaction on the levels below. If we lose these levels then HTF reversal is in play. Don't hesitate to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? is the smart money of all markets. This company aggregates capital from the biggest investment banks and central banks. Its daily volume is over 6.5 trillion. CLS operates in specific modes and times. By understanding their models, we get an unfair advantage against others with fantastic precision for your entries and mechanical definition of the targets. Follow me and pay attention to my model 1 and 2. It's the key to the markets. None of the strategies of the world has a 100%-win rate and I'm just a human. We make big profits, but sometimes we can miss something or make mistakes. Good luck and I hope this educational post helps you to become a better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave Hunter ⚔
FXOPEN:DXYLong
by David_Perk
11
#DXY 1DAYDXY (1D Timeframe) Analysis Market Structure: The price has broken below the uptrend support, signaling a potential shift from bullish to bearish momentum. This breakdown indicates that buyers were unable to sustain the upward trend, leading to increased selling pressure. Additionally, a sell engulfing candlestick has formed, further confirming bearish sentiment. Forecast: A sell opportunity is expected as the breakdown of uptrend support and the sell engulfing pattern suggest further downside movement. Key Levels to Watch: - Entry Zone: After a confirmed breakdown and possible retest of the broken support as resistance. - Risk Management: - Stop Loss: Placed above the broken support or recent swing high. - Take Profit: Target lower support zones for potential downside movement. Market Sentiment: The combination of the uptrend support breakdown and a sell engulfing pattern indicates that bearish momentum is increasing. Waiting for confirmation of continued selling pressure will help align with the prevailing market trend.
TShort
by PIPSFIGHTER
USD: Rates, tariffs and energy all helpThe DXY dollar index is staying relatively bid above 108.00 as markets remain gripped by the tariff threat. 'Reciprocal' tariffs could be due any day and the market remains uncertain whether these would apply only to certain key sectors, such as autos, pharma or semiconductors – or more broadly. US President Donald Trump is supposedly set to sign another batch of executive orders today at 1600CET, so let's see. Also helping the dollar have been energy prices. The Rest of the World views purchases of US LNG as a key balm to soothe impending tariffs. This week it is Indian energy importers ready to sign new LNG deals ahead of PM Narendra Modi's visit to Washington. This comes at a time when natural gas prices are rising as Europe deals with a cold snap and declining Russian gas imports. Higher gas prices and more geopolitical deals to purchase US LNG are dollar-positive. It is a quiet day on the US data calendar, where US small business optimism should largely hold onto the surge seen after last November's election result. In focus, however, will be Federal Reserve Chair Jerome Powell's semi-annual monetary policy testimony to the Senate at 1600CET. We doubt he needs to sound any more dovish at the moment and we see his speech as a neutral/positive event risk for the dollar. DXY could nudge up towards the 109.00 area if Trump announces broader reciprocal tariffs today.
PLong
by AccuTrade2000