DXY DXY - Rising Wedge as an Corrective Pattern in Short Time Frame - Break of Structure - RSI - Divergence - Completed " 1234 " Impulsive Waves - Order Block - Point of Interestby ForexDetective2
Bullish Setup: DXY (U.S. Dollar Index)🟢 Entry Zone: 104.10 – 104.30 🔴 Stop Loss: 102.90 (below the key demand zone) 🎯 Take Profit Targets: ✅TP1: 105.00 (initial resistance, suitable for partials) ✅TP2: 106.00 (recent structure high) ✅TP3: 107.50 (extended target on sustained momentum) 🔍 Technical Context: • Strong reaction from the 103.00–103.50 demand zone, which has acted as major support since November • Bullish MACD crossover underway, with histogram flipping positive — early trend reversal signal • RSI recovering from oversold territory, suggesting renewed bullish momentum • Price retesting and reclaiming the 9 EMA — a common trigger level for trend shifts • Potential higher low formation after a sharp corrective wave — signaling strength building under the surface A daily close above 104.30 would confirm the breakout and open the door for a push toward the 106–107.50 zone.Longby ValchevFinance3
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.Longby Mansa_Musa_Capital3
Weekly CLS I KL FVG , Model 1 , LQ taken Hey Traders!! Feel free to share your thoughts, charts, and questions in the comments below—I'm about fostering constructive, positive discussions! 🧩 What is CLS? CLS represents the "smart money" across all markets. It brings together the capital from the largest investment and central banks, boasting a daily volume of over 6.5 trillion. ✅By understanding how CLS operates—its specific modes and timings—you gain a powerful edge with more precise entries and well-defined targets. 🛡️Follow me and take a closer look at Models 1 and 2. These models are key to unlocking the market's potential and can guide you toward smarter trading decisions. 📍Remember, no strategy offers a 100%-win rate—trading is a journey of constant learning and improvement. While our approaches often yield strong profits, occasional setbacks are part of the process. Embrace every experience as an opportunity to refine your skills and grow. Wishing you continued success on your trading journey. May this educational post inspire you to become an even better trader! “Adapt what is useful, reject what is useless, and add what is specifically your own.” David Perk ⚔Longby David_PerkUpdated 9917
Dxy aka usd short term bullishAs price broke above the ending diagonal strongly, my bias is now bullish for usd, it should rise higher before another leg lower. Good luckLongby stanchiamUpdated 4
DXY Bullish ReversalThe dollar index has been bearish for a couple of weeks now and considering the current price reaction from Daily support level and positive news release for the dollar, we are most likely going to see the dollar strengthen for a while. Longby jefferson_the_chartist2
Dollar Index at Risk: Key Support Holds the Fate of the TrendThe U.S. Dollar Index (DXY) has broken down from a Head & Shoulders pattern, confirming a bearish reversal after a successful retest of the neckline. The price is currently near a key support area, and if it fails to hold, a drop toward the lower strong support zone is likely. Additionally, RSI is showing bearish divergence and is below the neutral 50 level, indicating weakening momentum. DYOR, NFAby unichartzUpdated 4
DXY index UpdateRegardless of Powell's comments, the dollar index might rise toward the target range after a price correction.Longby salimitrdUpdated 6
[D] USX - Major Change AheadA rough idea how this could play till mid April. I do expect unusually disturbing readings on early-warning indexes and ISM since Trump inauguration to finally show up in metrics such as unemployment and CPI. This could weight strongly on the US Dollar. If basic axioms hold true, we're about to witness a major change in perception on the global reserve currency.Shortby KenzoYagai2
U.S. Dollar Index (DXY) – Bearish Outlook with Key Levels📉 Bearish Bias on U.S. Dollar Index (DXY) – 4H Chart 🔹 Resistance Zone & Stop Loss 🚫 📍 Resistance: 104.200 - 104.432 🛑 Stop Loss: 104.432 (Above resistance zone) 🔸 Support Zone 🛠️ 📍 Intermediate Support: 103.300 (Possible bounce) 🔻 Target Point 🎯 📍 Target Price: 102.232 (Expected downside) 📊 Price Action Outlook: ✅ Bearish Scenario: Price rejected from resistance 🔽 Lower highs forming ⚡ Breakdown expected toward 102.232 🎯 ❌ Invalidation: If price breaks above 104.432, bearish setup fails 🚫 🔥 Conclusion: ⬇️ Sell Bias below 104.200 targeting 102.232 ❌ Cut losses if price closes above 104.432Shortby Jameshead0073
DXY March 21 Analysis DXY March 21 Analysis Price parent bias is bear Price is Discount M/W/D Previous session PREMIUM and PREMIUM on the daily range NO NEWS March 20 delivery Price was in a discount. Asia small consolidation takes minor sell side rallied in London to FVG created in the dealers range and noted buy side targets. Small consolidation. NY rallies to take key buy side from March 10 taken in NY. Retraces to the daily range 50 just barley in a Premium and goes into consolidation. Note the magnet that the event horizon has been this week. As price came down to the .70 on the Monthly range price is in a consolidation whipping between the .70 and .618 with long tailed candles. This week price widen that consolidation range. March 21 delivery Logic says that price will seek the 50 and lower FVG inefficiencies to rebalance. Note what liquidity is taken and go from there. No news can be high resistance, stay sharp. Study notes Price started the week on a sell stops raid making a new low on Tuesday. And yesterday making a higher high coming into the bottom part of HTF FVG. My Model Factors Price will have to do the following for me to trade *session liquidity taken *macro time only *first presented FVG *4 candle pattern *hour analysis down to 1 min every 15 minutes *every hour mark out what price has done Stay open to build narrative once Asia opens. Stay open to reading price deliveryby LeanLena223
Dollar Done Playin’ Weak: Double Bottom Signals Big Rebound!The dollar looks like it’s done bein’ weak and is gearin’ up to reclaim its throne. It hit a bearish target real quick, formed a double bottom pattern at the golden Fibonacci ratio, and on Friday, it completed the pattern. That’s showin’ it’s ready to kick off a new upward wave. Longby ALRASHYD_4
US Dollar Index Technical AnalysisSell Stop Sweep, Support, Trend-line break ... Price Action Rules!by sharpdennis10110
DXY SELL/SHORTBy utilizing Fibonacci retracement levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bearish sentiment prevails.Shortby trendwithbank4
DXY Update – Two Possible Scenarios! 📢 DXY Update – Two Possible Scenarios! 📢 1️⃣ Bearish Scenario: Looking for sell from the Bearish OB 🎯 2️⃣ Bullish Scenario: If price doesn’t reach the Bearish OB, we shift focus to the Bullish OB for a potential buy ✅ 📌 Waiting for price to approach key zones & using confirmations for entry! 📊 Stay updated with our latest analysis – Follow our TradingView page! 🚀 Shortby twb11224
USDX-BUY strategy 12-hourly chartIt is still under pressure, and FISHER FORM shows potential decline towards 103.00-102.90 area. MACD is positive and RSI is oversold, but not extreme. I feel based on that information, we may see selling pressure, but am a preferred buyer lower levels. Strategy BUY @ 102.90-103.10 and take profit mid-regression channel 104.20.Longby peterbokmaUpdated 4
At 1:00 AM tomorrow, GMT +7, what will the FED say?At 1:00 AM tomorrow, GMT +7, what will the FED say? If the FED announces that they will keep interest rates unchanged, maintaining the 103.5 level as a bottom, DXY will likely increase again in the next few days. However, if the FED decides to raise interest rates, XAU will plunge, and BTC will rise back to the $100,000 mark. But... regardless, after DXY's upcoming rise following the D1 cycle, there will be another drop. It's uncertain how fast DXY will move, but if it moves quickly, DXY could decline by early April, with XAU rising, and BTC likely dropping to the 66k-72k range. Longby rainbow_sniper336
Big DXY Rally Might be StartingI'll start this by going over the case for the DXY rally broadly and then dial into the reasons why this seems like the optimal level to look for it starting. Working left to right. The 2021 Breakout A very sharp rally happened in 2021 in the USD. It was one of the most impressive things seen in the USD for decades. DXY had downtrended for a long time. Ranged for a long time. The rallies in this were weak (See extreme left for example) and then suddenly this hyper trending move came breaking some important levels and the general dull mood of DXY price action. It put in that nice strong rally and then it had a bit of a head fake high - which could have been the completion of the first bullish impulse wave. If that hypothesis is true, at some point the most might of USD rallies is coming. The question would be how deep is the correction. That could end around where we are and it's possible there could be a flash crash in the DXY to retrace the 2021 rally. In the event we'd have that sort of thing, I think when the pending harmonic signal was forming - we'd have seen a move lower to complete the M shape. Harmonics are reversal patterns and for a while all I traded was harmonics (Was a great idea in a range, got me nailed against a trend). I've found when there's a clear looking harmonic setup and you place a limit order for it, in the times it doesn't fill fairly soon - it's likely it will not fill at all. Price can go an extended period in the other direction. So while DXY bulls would have to be aware of the risk a valid correction could still flash crash from these levels, this is a good spot to be looking to see it there are clear signs of trend formation. The first obvious sign of that would be the 76 retracement, which is where we are close to now. Looking more at the entry now. DXY is an index of currency pairs traded against the USD. This index is very heavily weighted towards the EURUSD. DXY is essentially EURUSD inverted- at least most of the time. DXY has been crashing lately mainly due to the parabolic rallies in EURUSD - but this is now at the 76 retracement level. Looking closer at this we can see the 76 rejection and now we're at the 61 fib. If this breaks, this can be an early sign of uptrend failure. If the 61 isnt support we usually trade the 50 fib and if that's not support a lot of the time we're seeing the turning of the trend. When it comes to betting on the DXY the more practical thing to do is to trade EURUSD. If you have access to Forex markets you'll get better costs and liquidity trading EURUSD short as a proxy for DXY long. If EURUSD makes the breaks of the next couple levels then it's likely to capitulate to the low of the last leg. That would express itself in a big recovery for DXY. It could even be the start of that big new trend leg. This would give early targets on DXY around 122 and probably thinking it's getting a bit overdone around 126. Which would be a hell of a USD rally. Here's a good way to think about it. IF the thesis 2021 was a bullish wave 1 is correct, then it has to be true that the following wave 3 will be more impressive than wave 1. Has to be true. Otherwise that was not a valid wave 1 and wave 3. So I'm not saying we can know the wave 3 has to come, but we can know if it came it'd predict strong uptrend to 122 in DXY. Massive EURUSD crash about to start. Longby holeyprofit3
DXY refuse to reduceThere was a breakout candle through the price of 103.853, confirming the downtrend but then this candle was immediately eliminated, showing the psychology of refusing to sell at this price. Waiting for confirmation of a correction to a better selling zoneby Sinuhe_Fx1
DXY aka USD another leg lowerPrice breaks short term support region, very simple support and resistant view, if price stays below, the bias is for another leg lower Shortby stanchiamUpdated 112
uptrendThe index is expected to consolidate above the resistance level and then start an uptrend. Otherwise, a continuation of the downtrend to the specified support levels is possible.Longby STPFOREX2
Bounce before diving below 100I think it's time to retrace before next fall Bounce before diving below 100 0.38% of current fall retrace possible. Rest everything on chartLongby scalpandswings5
Further Underperformance for the US Dollar Index? Down nearly 4.0% this month, the US Dollar Index demonstrates scope to navigate deeper waters on the monthly chart towards the 50-month simple moving average (SMA) at 101.72. A similar vibe is evident on the daily chart. Following a test of support-turned-resistance at 103.94, a possible bearish scenario could unfold if price breaches the lower edge of the current descending triangle pattern (103.22/104.09). If a breakout lower materialises, follow-through downside could see support at 101.92 make an entrance (set just north of the 50-month SMA).Shortby FPMarkets3