USDX trade ideas
Bullish bounce?US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance.
Pivot: 98.36
1st Support: 97.98
1st Resistance: 99.23
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Skeptic | This Week's Most Profitable Setups: Gold, Forex & SPX!hey, traders, it’s Skeptic ! 😎 Our last watchlist was straight fire, racking up some sweet profits with tons of setups. This week’s looking just as juicy, so stick with me to catch these killer opportunities! 🚖 Welcome to my Weekly Watchlist, where I lay out the markets I’m trading with active triggers—forex pairs, commodities, and CFD indices. No FOMO, no hype, just pure reasoning to keep your trades sharp. Let’s jump in! 📊
DXY (Dollar Index)
Let’s kick off with DXY, ‘cause getting this right makes analyzing other indices and pairs a breeze. After multiple failed attempts to break support at 98.8 , it’s still ranging. This is a monthly support, so confirmation of a break needs to come on a monthly or at least weekly chart. Personally, I’m betting it’ll bounce from here. A break above 99.36 gives early confirmation of a rise, but the real deal is breaking resistance at 100 —then you can short USD pairs like EUR/USD . If 98.8 gives way, look for longs, but this monthly zone is tough, so expect some chop! 😬
EURX
EURX seems to be in a weak upward channel. A break above 1063 could push us to 1071 . On the flip side, breaking the channel’s midline at 1058 might drag us to the floor or even support at 1049 . So, our EURX game plan is clear.
Watchlist Breakdown
Let’s hit the watchlist, starting with XAU/USD (Gold ).
Triggers here are tricky, but I cloned last week’s downward channel and placed it above—this trick often gives us solid setups. If we bounce off the channel’s floor, a break above resistance at 3340 opens a long. For shorts, I don’t have a trigger yet since the market’s already dumped. If we form a 1-hour range, a break below its floor could trigger a short targeting 3249 or the previous channel’s midline.
Now, XAG/USD (Silver)
—no triggers this week. Our long trigger from last week’s analysis at 33.68 smashed it, spiking 8%! 🎉 That’s a lock even Bitcoin traders would drool over, but in Skeptic Lab :)
Next, EUR/USD.
The long trigger is set at a break above resistance at 1.14555 , which lines up with the DXY support break I mentioned. Heads-up: this trade won’t be easy. Reduce risk ‘cause we’re in for a big fight at this level—wild swings and tight stop losses get hunted fast. Stay sharp! 😤
GBP/USD Update
My GBP/USD long got stopped out, so let’s break it down. I went long after a resistance break, with crazy uptrend momentum and RSI hitting overbought (which I see as a long confirmation). Everything looked dope except my stop loss placement. The prior move was so sharp that my stop had to be wide, tanking my R/R. It hit the box ceiling target but then dumped, nailing my stop. Lesson? Either jump in before the main momentum or let the move play out and skip it. Mid-move entries with big stops? Recipe for pain...
SPX 500
Our SPX 500 long trigger from breaking the box ceiling already fired and seems to have pulled back. My target’s 6128.55 , and my open position has a stop loss below 5952.51. If you missed last week’s trade, a new trigger could be a 1-hour resistance break at 6014.20 . If you’re already long, no need to double up.
Final Note
my max risk per trade is 1%, and I suggest you stick to that or lower. I’m cooking up a Money management guide soon, diving deep into why it’s the key to outpacing 90% of traders and boosting your odds of consistent profits. Stay tuned! 🚨 No FOMO, and have an awesome week!
💬 Let’s Talk!
If this watchlist lit a spark, hit that boost—it means a ton! 😊 Got a pair or setup you want me to tackle? Drop it in the comments. Thanks for rolling with me—keep trading smart! ✌️
DXY Analysis Next Week After Market OpenUS tariff policy is becoming a key variable affecting the Fed's interest rate policy. Current tax policies are facing negative reactions and declining support rates, creating pressure on the US government to promote trade agreements and implement tax cuts to stabilize the economy.
At the FOMC monetary policy meeting in May, the Fed kept interest rates unchanged, showing a cautious stance on inflation risks and low unemployment rates. The latest employment figures show that the possibility of the Fed keeping interest rates unchanged at the June meeting is very high.
As inventory accumulation can increase inflation, the Fed will wait for a clearer assessment of the impact of tax policies before making a decision. Accordingly, the possibility of the Fed cutting interest rates up to 3 times in the second half of the year is low.
The US dollar is expected to continue to decline to adjust
Best regards StarrOne !!!
DXYDXY price is near the support zone 98.74-97.87. If the price cannot break through the 97.87 level, it is expected that the price will rebound. Consider buying the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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DOLLARImpact of June 6 Non-Farm Payrolls (NFP) Data on Fed Rate Decisions
Key Data Points
Non-Farm Employment Change: 139K (vs. 126K forecast, revised April: 147K from 177K).
Unemployment Rate: Steady at 4.2% (matches forecasts).
Average Hourly Earnings: 3.9% YoY (vs. 3.7% expected).
Labor Force Participation Rate: Declined to 62.4% (from 62.6%).
Fed Policy Implications
Labor Market Cooling but Resilient:
Job growth slowed (139K vs. 147K prior), with cumulative downward revisions of 95K for March and April. This signals moderation but avoids a sharp deterioration.
Stable unemployment rate (4.2%) and wage growth (3.9% YoY) suggest the labor market remains tight enough to sustain consumer spending but is losing momentum.
Inflation Concerns Persist:
Sticky Wage Growth: Elevated wage inflation (3.9% YoY) complicates the Fed’s inflation fight, particularly in services sectors.
Productivity-Sensitive Costs: Rising labor costs without productivity gains could pressure corporate margins and consumer prices.
Fed’s Balancing Act:
Near-Term Hold Likely: The Fed is expected to keep rates at 4.25–4.50% in July, prioritizing inflation control over labor market softness.
Rate Cut Odds Shift: Markets now price a ~55% chance of a September cut (up from ~40% pre-NFP), contingent on further cooling in inflation (June 11 CPI data critical).
Market Impact
DXY (Dollar Index): Minimal immediate reaction, but sustained labor market cooling could weaken the dollar if rate cuts gain traction.
Equities: Mixed signals (slower jobs vs. stable wages) may limit gains, though tech and growth stocks could rally on delayed Fed tightening.
Bonds: 10-year yields (4.40%) may edge lower if growth fears outweigh inflation risks.
Conclusion
The Fed will likely delay rate cuts until September unless inflation softens decisively. While job growth is slowing, persistent wage pressures and a stable unemployment rate justify a cautious stance. Traders should monitor June CPI (June 11) and Q2 GDP data for clearer signals.
Summary:
No July cut expected; September cut remains contingent on inflation easing.
DXY range-bound near 98.50–99.50 until CPI release.
stay cautious
#gold #DOLLAR
Highly likely the DXY goes down.Trading the DXY increase in 2022 was my best trade of that year. Specifically on the USD/CAD pair not the whole index. Options worked great for this.
I had call options on USX not the company. It's Options on the US Dollar (USX) on the TMX exchange in Montreal Canada. To gain exposure to a rising dollar, or to hedge existing positions, call options on USX can be an effective tool. If DXY is going down like 2020-2021 it's great for stocks and equities. A falling dollar is also beneficial from the perspective of US national debt, as it makes interest payments cheaper in relative terms. Also many people outside the US have USD debts so example they make CAD but their debts are in USD. Well now their company is worth more as debt went down and revenue up. Otherwise known as currency risk. Very important for companies dealing in multiple currencies regardless of the type of business they do.
The US has incentive for a weaker dollar as the interest payments on their debt are now around $1 Trillion a year.
This yellow line represents a significant long-term resistance level. As long as the price fails to break and hold above this zone, the path of least resistance remains to the downside.
The MACD is currently moving down, supporting a bearish bias. However, there are two key bullish signals I am watching that would challenge this view:
The Bullish Crossover: This occurs if the blue MACD line crosses above the orange signal line.
On the daily timeframe, a simple crossover can sometimes be a temporary fake-out (like
the "flip-flopping" seen around April 3rd-9th). While it's a warning, it's not always a
definitive trend changer on its own.
The Bullish Divergence: This is the more powerful signal. If the price has set a new low since
April 2025 but the MACD has formed a higher low, it creates a bullish divergence. A
confirmation of this pattern could signal the end of the long-term downtrend and mark a
serious change in market conditions.
A bullish crossover happening at the same time as a confirmed bullish divergence would be a very strong combination, making a short position on the DXY extremely risky.
**Disclaimer:**
*The information provided in this post is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. All investments involve risk, and the past performance of a security, market, or trading strategy does not guarantee future results. I am not a financial advisor. Please conduct your own thorough research and consult with a qualified financial professional before making any investment decisions. You are solely responsible for any investment decisions you make.*
Bretton Woods 2.0?Examining the long-term trend of TVC:DXY since the 1980s, we might be facing a staggering 40% reduction in valuation, potentially landing us around 60. If the US were to devalue the dollar this drastically, could it effectively erase the national debt? 🤔 Is Trump bold enough to consider such a move?
We know the FED is going to cut eventually, the question is when and by how much? Initial claims came in higher than estimated, with cracks beginning to show in the labor market, how much longer can JPow hold out?
DOLLAR INDEXCorrelation Between DXY, Bond Yields, and Bond Prices
1. Bond Prices and Bond Yields: Inverse Relationship
Bond prices and bond yields move inversely: when bond prices rise, yields fall; when bond prices fall, yields rise.
This happens because bonds pay fixed coupons; if market interest rates rise, existing bonds with lower coupons become less attractive, pushing their prices down and yields up.
2. DXY and 10-Year Treasury Yield: Generally Positive Correlation
The US Dollar Index (DXY) and the US 10-year Treasury yield typically move in the same direction. When the 10-year yield rises, the dollar tends to strengthen, and vice versa.
This is because higher yields attract foreign capital seeking better returns, increasing demand for the dollar.
Historically, this correlation has been strong, with a rolling correlation averaging around 44.5% and recently rising to about 75% in early 2025.
However, this relationship can break down temporarily due to shifts in market sentiment or safe-haven flows. For example, in mid-2025, the correlation briefly turned negative amid changing investor preferences.
3. DXY and Bond Prices: Indirect Inverse Correlation
Since bond prices and yields are inversely related, and yields and DXY are positively correlated, DXY tends to move inversely to bond prices.
Rising bond prices (falling yields) often coincide with dollar weakness, while falling bond prices (rising yields) support dollar strength.
4. Interest Rates and Their Role
Central bank interest rates influence bond yields and the dollar.
Rate hikes generally push bond yields higher and strengthen the dollar, while rate cuts do the opposite.
Interest rate expectations are a key driver behind the bond yield-DXY relationship.
Summary Table
Relationship Direction/Correlation Explanation
Bond Price ↔ Bond Yield Inverse Fixed coupon bonds lose value when rates rise
10-Year Yield ↔ DXY Positive (usually) Higher yields attract capital, boosting USD
Bond Price ↔ DXY Inverse (indirect) Bond prices up → yields down → USD weakens
Interest Rates ↔ Yield & DXY Positive Rate hikes raise yields and strengthen USD
Conclusion
The US Dollar Index (DXY) generally rises with increasing 10-year Treasury yields because higher yields attract investment flows into US assets, boosting demand for the dollar. Conversely, bond prices move inversely to yields, so rising bond prices tend to coincide with dollar weakness. While this relationship is strong historically, it can fluctuate due to market sentiment, safe-haven demand, and geopolitical factors.
#DOLLAR #DXY
DXY BANK VAULT BREAK-IN: Your Dollar Index Profit Blueprint🚨 DXY BANK HEIST: Dollar Index Breakout Robbery Plan (Long Setup) 🚨
🌟 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 🌟
Attention, Market Robbers & Dollar Bandits! 🏦💰💸
Using the 🔥Thief Trading Style🔥, we’re plotting a DXY (Dollar Index) bank heist—time to go LONG and escape near the ATR danger zone. Overbought? Yes. Risky? Absolutely. But the real robbery happens when weak hands panic. Take profits fast—you’ve earned this loot! 🏆💵
📈 ENTRY: BREAKOUT OR GET LEFT BEHIND!
Wait for DXY to cross 99.300 → Then strike hard!
Buy Stop Orders: Place above Moving Average.
Buy Limit Orders: Sneak in on 15M/30M pullbacks (swing lows/highs).
Pro Tip: Set a BREAKOUT ALARM—don’t miss the heist!
🛑 STOP LOSS: DON’T GET LOCKED UP!
For Buy Stop Orders: Never set SL before breakout—amateurs get caught!
Thief’s Safe Spot: Nearest swing low (2H chart).
Rebels: Place SL wherever… but your funeral! ⚰️
🏴☠️ TARGET: 102.300 (Bank Vault Cracked!)
Scalpers: Long only! Trail your SL like a pro thief.
Swing Traders: Ride this heist for maximum payout.
💵 MARKET CONTEXT: DXY IS BULLISH (But Traps Await!)
Fundamentals: COT Reports, Fed Plays, Geopolitics.
Intermarket Sentiment: Bonds, Gold, Stocks—all connected.
Full Analysis: Check our bio0 linkks 👉🔗 (Don’t trade blind!).
⚠️ ALERT: NEWS = VOLATILITY = TRAP ZONE!
Avoid new trades during high-impact news.
Lock profits with trailing stops—greed gets you caught!
💥 SUPPORT THE HEIST (OR GET LEFT BROKE!)
Smash that Boost Button 💖→ Stronger team = bigger scores!
Steal profits daily with the Thief Trading Style. 🎯🚀
Next heist coming soon… stay ready! 🤑🐱👤🔥
DXY OVERVIEW AND ANALYSIS - SELLOFF AT FOMC PRESS CONFERENCE 🟣DXY🟣 H4 CHART
As we witness the unfolding of a conflict in the Middle East this week I expect the commodities of OIL and GOLD to raise more after a pullback that will offer buy entries.
On my view the DXY index will pullback to the previous broken support now resistance in the 99.200 - 99.340 area and selloff to the weekly targets 97.500 and 96.800.
FOMC on Wednesday should catalyse this move and I expect the pullback to take place between the first days of the week
Dollar Monthly CLS I Model 1 I Reversal I DOBHey, Market Warriors, here is another outlook on this instrument
If you’ve been following me, you already know every setup you see is built around a CLS Footprint, a Key Level, Liquidity and a specific execution model.
If you haven't followed me yet, start now.
My trading system is completely mechanical — designed to remove emotions, opinions, and impulsive decisions. No messy diagonal lines. No random drawings. Just clarity, structure, and execution.
🧩 What is CLS?
CLS is real smart money — the combined power of major investment banks and central banks moving over 6.5 trillion dollars a day. Understanding their operations is key to markets.
✅ Understanding the behavior of CLS allows you to position yourself with the giants during the market manipulations — leading to buying lows and selling highs - cleaner entries, clearer exits, and consistent profits.
📍 Model 1
is right after the manipulation of the CLS candle when CIOD occurs, and we are targeting 50% of the CLS range. H4 CLS ranges supported by HTF go straight to the opposing range.
"Adapt what is useful, reject what is useless, and add what is specifically your own."
— David Perk aka Dave FX Hunter ⚔️
👍 Hit like if you find this analysis helpful, and don't hesitate to comment with your opinions, charts or any questions.
$DXY Dollar stays weak but is it bottommed?Have not many ANY trades based on the US Dollar. Have not been convinced in either way, yet.
TVC:DXY has been weaker lately but not by much. Well, at least compared to its previous low.
However, LONGER TERM we see it's biz as usual.
It is currently fairly oversold on the weekly chart & could be primed to change direction.