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DXY Eyes Key Long-Term Support from 2008The U.S. Dollar Index (DXY) is currently trading near three-year lows, reflecting concerns over economic fragility and heightened geopolitical tensions. If price action holds below 97, the DXY could face additional pressure, potentially descending toward the lower boundary of a long-term channel that has held since the 2008 lows. Key support levels at 96 and 94 may offer potential rebound zones. Monthly RSI reflects more downside potential towards oversold conditions last seen in 2021. To reverse the current bearish momentum, the index would need to regain and hold above the 100-mark, which could shift sentiment back toward a bullish rebound outlook against the markets. - Razan Hilal, CMT
TVC:DXY
by FOREXcom
DXY – U.S. Dollar Faces Downside RiskAfter a period of strength driven by its safe-haven appeal, the DXY is showing signs of weakness as doubts emerge over the true resilience of the U.S. economy. Recent data — including retail sales, industrial production, and consumer sentiment — have all fallen short of expectations, raising the likelihood that the Fed may pivot to a more dovish stance sooner than anticipated. As a market analyst closely monitoring capital flows, I believe the dollar is gradually losing its edge. With risk appetite improving and capital rotating into the euro and other risk assets, the DXY is likely to remain under pressure in the near term. Current outlook: Bearish bias, especially if the Fed softens its tone and weak U.S. data persists. The market is waiting for confirmation — but the pressure is already building.
TVC:DXYShort
by Edward_TradingFX
DXY; MARKETS JITTERS AND UNCERTAINTIES.The DXY did not hold a successful break above 99.000 which was our bullish signal. Furthermore, we had US banks closed for yesterday's NY session which did not do us any good as there was minimal movements in our charts. Without volatility there is little room for profit chasing as much as our USDJPY signal was on point. Today's session started with a gap lower towards 98.50. I don't expect a mover lower before filling the gap so that will be our first objective before any further movement. My bias still remains the same ,a clean break and hold above 99.00 will signal a healthier dollar for the short term despite the war tensions.
TVC:DXYLong
by Muchangi
US dollar, a potential bullish divergence to watchThe US Federal Reserve (FED) recently updated its economic projections against a backdrop of growing uncertainty. It is now openly concerned about a scenario of stagflation, a combination of weak growth, persistent inflation and rising unemployment. This concern stems in particular from the as yet unquantified impact of the new tariffs imposed by the Trump administration, as well as rising geopolitical tensions, particularly in the Middle East. Gloomy forecasts, but monetary policy still flexible At its last meeting, the FED kept its key rate in the 4.25% - 4.5% range, while publishing gloomy forecasts for the US economy. By the end of 2025, it anticipates PCE inflation at around 3%, unemployment at 4.5% and moderate growth. Despite this worrying picture, the central bank is still planning two rate cuts this year, demonstrating its determination to support economic activity. Nevertheless, this monetary stance is the subject of debate within the committee: ten members support the cuts, while seven believe that rates should remain unchanged. Jerome Powell, Chairman of the FED, advocates caution, insisting on the need to observe the evolution of economic data before acting, particularly in view of the delayed effects of tariffs. The FED is faced with a dilemma: it must curb inflation without destroying growth. Its diagnosis of stagflation is harsh, but perhaps too pessimistic if inflation figures remain under control. A rate cut in September is still conceivable, but will largely depend on the evolution of geopolitical tensions and international trade in the weeks ahead. Below, you can see the table with the latest update of the FED's macroeconomic projections US dollar (DXY), a potential bullish technical divergence to be monitored The FED's confirmed intransigence is having an impact on the foreign exchange market. While the US dollar has been the weakest Forex currency since the beginning of the year, it has been stabilizing for several weeks now. If the FED maintains its current wait-and-see stance on a resumption of Fed funds rate cuts, the US dollar could be close to a low point on the Forex market. At present, there are no resistance breaches to suggest this, but a potential bullish technical divergence has appeared on the weekly timeframe. In the past, this signal was a precursor to a future rebound in the US dollar against a basket of major Forex currencies. DISCLAIMER: This content is intended for individuals who are familiar with financial markets and instruments and is for information purposes only. The presented idea (including market commentary, market data and observations) is not a work product of any research department of Swissquote or its affiliates. This material is intended to highlight market action and does not constitute investment, legal or tax advice. 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TVC:DXY
by Swissquote
DXYThe DXY has faced severe sell off due to President Trump's policy and idea of how the dollar should be controlled/managed. Though it has fallen, a pullback will happen soon. I will be using the DXY as a good guide for all the USD/XXX or XXX/USD pairs. You as a trader can take what you can from this. These 4HR FVG'S seem like a very good place where you can do one of two things. First you may be able to manage and hold a trade throughout the whole pullback. Another option is take complete profits instead of partials and enter in at good prices with this pullback in mind for bias.
CAPITALCOM:DXYLong
by Ka1eeb
1
DXY at the Crossroads: How the 108–110 could reshape the market Key Highlights The U.S. Dollar Index TVC:DXY is currently near an important resistance level of 108–110. A potential reversal of the dollar at this level could lead to further growth in stock markets and strengthen cryptocurrencies, while a break above 110+ would continue to put pressure on risk assets. If CAPITALCOM:DXY surpasses 110 and holds above it, there is a possibility of reaching as high as the 120 mark. A rejection from the 108–110 zone would indicate a downward trend developing, possibly pushing the index toward the 98 area or lower. Future outcomes will depend on Federal Reserve monetary policy, global demand for the dollar and other safe-haven assets, as well as overall economic stability. What about crypto? There are serious risks for CRYPTOCAP:TOTAL2 CRYPTOCAP:TOTAL3 & CRYPTOCAP:OTHERS A long-term perspective on ICEUS:DXY suggests that “alt seasons” tend to occur during periods of dollar weakness. Currently, the 108–110 zone and the MA50-W are pivotal. A potential DXY reversal here may act as a catalyst for another major altcoin rally in the coming months, while continued dollar strength could postpone any such “alt season.” Shaka
TVC:DXYShort
by shakatrade1_618
DXY Game Plan - USD IndexIt is important to watch the DXY to understand the strength of the USD across global markets. The DXY is a key index that reflects the U.S. dollar’s dominance in foreign exchange. Therefore, tracking it can provide valuable insights into the potential direction of all major asset classes. In this post, I’ll break down both technical and fundamental expectations. Technical Analysis DXY has been in a retracement phase (bearish) since January 2025. During this time, we’ve seen EUR and other major forex pairs form strong bullish trends. Currently, the DXY is approaching a weekly bullish trendline, where I expect a potential bounce. Additionally, DXY is trading within a discount zone (below the 0.5 Fibonacci level, also known as equilibrium). Personally, I’m watching for a deeper move into the maximum discount zone (around the 0.75 Fib level). This area also aligns with key liquidity concepts. Ideally, I want to see a deviation below the bullish trendline, with a sweep of one of the weekly liquidity levels marked on the chart (two black horizontal lines). I'm not relying on a clean triangle trendline retest, but it's a possibility. Game Plan DXY taps the bullish trendline Deviates below it, running weekly liquidity (black lines) Hits the max discount zone (~0.75 Fib) Then shows signs of reversal and strength Once that setup completes, I’ll be expecting strong USD performance, and will look to short risk assets — including stocks and major forex pairs. Fundamental Analysis The Federal Reserve is currently resisting pressure to cut interest rates, while Trump is vocally pushing for rate cuts. The market is already pricing in a 79% probability of a September rate cut (source: CME FedWatch Tool), so if that happens as expected, I don’t anticipate major market reaction. However, a surprise rate cut in July would likely trigger a flash crash in DXY/USD — though based on my game plan, I would expect a V-shaped recovery shortly afterward. EUR, GBP, AUD, and CAD have also hit key resistance zones, so I believe we're likely to see USD strength for a while.
TVC:DXYLong
by UA_CAPITAL
Weekly Outlook. Dollar Strength🗓 Economic Outlook – 2025-06-30 💹 RSI Divergence and Dollar Strength 🟢 Summary A bearish divergence in the RSI combined with strong U.S. fundamentals suggests continued upward pressure on the Dollar Index (DXY). This trend may persist, particularly if upcoming economic data supports current expectations. 📊 Technical Insight RSI Divergence Observed On the DXY chart, we observe a hidden bullish divergence in the RSI, where price makes a higher low while RSI makes a lower low. This pattern suggests potential continuation of the uptrend despite short-term corrections. 🧮 Fundamental Overview ADP Employment Report (Wednesday) Expected stronger results could support the dollar’s bullish trend through next week. Watch for surprise upside in employment numbers. NFP Index Currently above 100, indicating a healthy U.S. economy. Even if it reaches 120 as expected, the impact may be muted due to prior pricing-in by the market. "I try to share an overview of the data a day in advance to give you a general perspective." 🔴Remember, the long-term outlook for the dollar is bearish.🔴
TVC:DXY
by mehrshad31
DXY: Local Bullish Bias! Long! My dear friends, Today we will analyse DXY together☺️ The market is at an inflection zone and price has now reached an area around 96.706 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move up so we can enter on confirmation, and target the next key level of 96.819.Stop-loss is recommended beyond the inflection zone. ❤️Sending you lots of Love and Hugs❤️
CAPITALCOM:DXYLong
by FreeXauusdSignals
1
DXY JUNE DELIVERY NOTES & NFP week aheadDXY JUNE DELIVERY NOTES *June was a distribution candle rebalancing a BISI from March 2022 *daily chart shows price consolidate beginning of June, then mid month breaking to lower prices taking key equal lows, third week price retraces to make a 1 pip high, last week a trending sell off cycle to close the month *Price is a discount parent range- anticipating a pull back this week for NFP *Monthly price has broken structure and expecting it to gravitate to the .70 level 96.672 and rebalance the volume imbalance from Feb 2022 for the next coming weeks target ideas *4 hour chart shows price in a consolidation Thursday and Friday-expansion expected Monday June 27 DELIVERY *Price opens in Asia in a expansion cycle to take minor buy side and create a wall of equal highs *21:00 retraces creates equal lows *0:00 price takes minor equal highs *2 London macro price rallies for my suspected equal lows target *3 macro small retrace of delivery *7 macro price fake swing to equal lows -creates a wall of equal lows *9 macro price rallies for equal highs *13:00 price expands to take session buy stops *closes retracing to the 50 level JUNE 30 IDEAS *I suspect for Sunday's delivery to take minor equal lows possibly the equal lows for a deep discount set up for a buy day- Monday *last liquidity Friday buy side *Price is in a deep discount over sold is my thought with the sell off we saw Monday through to Wednesday we could see Price retrace to the 50 level 98.204 for this weeks pull back? *NFP week ahead parent bias is KING and we are still bear on this pair
TVC:DXY
by LeanLena