DXY trade ideas
USD is Bearish, SO BUY EUR, GBP, AUD, NZD CHF & JPY!In this video, we will update Saturday's forecasts mid-week, and look for valid setup for the rest of the week ahead. The following FX markets will be analyzed:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
USDCAD
USDCHF
USDJPY
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or other wise. In this video, we will update the forecasts for the following FX markets:
DXY Bear Flag: Is the Dollar on Thin Ice ?Hello Traders 🐺
Hope you're doing well.
In my last idea about DXY, I mentioned the possibility of the FED cutting interest rates — and although at the time of writing this update they haven’t made a move yet, several key indicators still suggest that Quantitative Easing (QE) is on the horizon.
If that happens, there’s a strong opportunity to profit from both sides:
→ Shorting the U.S. Dollar
→ Going long on deflationary assets like BTC, Gold, and even selected Altcoins 💰🔥
🔍 Technical Outlook:
As shown on the chart, DXY is currently forming a bear flag, which is typically a bearish continuation pattern.
We could see further downward momentum, especially if price breaks below the green support box.
Also, if you zoom out to higher time frames, the bigger picture is still bearish.
Recent upward movement? Just a classic retest of broken support, which now acts as resistance — as highlighted here:
🖼️ View Chart :
So trade wisely, stay sharp — and as always remember:
🐺 Discipline is rarely enjoyable, but almost always profitable. 🐺
🐺 KIU_COIN 🐺
DXY Bullish scenario (Daily)Dxy is still respecting the market maker buy model idea.
Monday traded inside friday range.
Today (Tuesday) price already traded above monday previous high signaling bullish momentum and a higher probability to trade also above friday high.
Right now price is consolidating between a daily bullish fair value gap and a bearish daily volume imbalance.
With the information we have, price is likelly to shop arround with no clear direction before FOMC.
For the current week price is still in the manipulation phase.
Traders will find higher probability trades after FOMC.
eurusd to 1.1265, dxy confluence eurusd mirrors the dollar and from my analysis i anticipate the dxy to gravitate towards the daily volume imbalance 100.80 zone this will cause the euro to plummet to lower prices so i spotted smooth lows of 1.1265 for first target and daily bullish fvg high for final target at 1.12 zone
Dollar Bounce to 103 Incoming or Straight to 96?Will the Dollar Keep Tumbling, or Are We About to Bounce Back to 103 in May?
Checking out the monthly charts, April finally delivered a close under that critical 100 level, breaking a floor that held firm for years:
Zooming into the weekly chart, we’ve retraced back to test the 100 level from below. It’s now acting as resistance—so, is another big drop coming?
Long term, my bias is clear: the dollar looks set to keep sliding lower after breaking the crucial 100 mark. But if we flip to the daily charts, we can clearly see signs of a short-term bounce brewing. It looks like price might want to squeeze back inside the range, aiming for that juicy sell zone around the 103 mark—the very origin of the leg down that initially broke 100:
This 103 area is a prime spot for short-term bulls, and an even better opportunity to start loading up on shorts for a move down towards the Monthly buy zone around 96.
Personally, I won’t trade USDX directly to the upside—I'll instead use this analysis to play setups on pairs like EURUSD and AUDUSD, as they're approaching key resistance areas right now.
My game plan: wait patiently for price to reach around 103, then start hunting for sell signals. But first, we’ll need a solid daily close back above 100, something I think we could see happen this week.
Don’t forget—we’ve got the Fed’s interest rate decision coming up, which might trigger some volatility. We could easily rally up to 103 ahead of the decision and then see a sell-off afterward. Of course, if the Fed throws us a curveball, the dollar might never get back above 100, and just continue dropping straight away.
Right now, the 100 level is crucial—so watch closely.
What’s your take? Drop your thoughts below! 😊
DXYDXY 99.418 Bearish Target – Summary:
99.418 is likely a key support level or technical target based on chart patterns or retracement levels.
It marks a potential bounce zone or short-term bearish goal before deeper levels like 98 or 95.
Break below 100 and weak momentum indicators support the move toward 99.418.
If DXY holds above 99.418, it may trigger a short-term rebound.
Do Not Be Fooled TVC:DXY is not truly weak. Over the past 2 months the only thing mainstream Fin Media has been talking about is how Dollar value is plummeting and while I do not debate the merits o that I do take contention with the idea that this means the DXY Will KEEP going down significantly from here. From a pure TA perspective DXY is simply in a consolidation phase with a high level volatility which did not begin with the recent drop in March. I began watching DXy like a HAWK in November 2024 and for anyone who has not, the extreme volatility began then with DXY going on a rally from Nov 24 to feb 25. The move from Mach until now has been simply another leg of vol extension. This is important to realize because the volatility now points to higher levels of it eventually returning and when that happens I predict it will take the form of an explosive impulse to the upside based on the long term inverse head and shoulders pattern coupled with the near textbook bull flag pattern
Bearish reversal?US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support.
Pivot: 100.51
1st Support: 97.85
1st Resistance: 101.83
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DXY Outlook: FVG Retest Complete — Is 105 the Next Sweep?DXY Weekly Forecast
In recent weeks, DXY dropped to the extreme demand zone, sweeping the lows around 98–99, before launching a bullish reversal and breaking through multiple minor highs.
Last Friday, price retested a daily Fair Value Gap — perfectly aligned with the NFP release — and held. Now, we may see some sideways consolidation at this level before continuation higher toward the 105.000 zone, where key liquidity sits above prior highs.
Bias: Bullish
Key Zones:
• Support: 102.000 (FVG / demand area)
• Resistance: 105.000 (liquidity target)
The structure is clean: bulls in control, as long as the FVG zone holds.
—
Weekly forecast by Sphinx Trading
Drop your thoughts in the comments.
#DXY #DollarIndex #USD #ForexAnalysis #LiquiditySweep #SphinxWeekly #FairValueGap #NFP #SmartMoney
DXY Expected to Decline TomorrowDXY is expected to decline tomorrow, with potential for a maximum rise to the 101 resistance area accompanied by upper shadow formation.
A rising wedge pattern has formed, with stochastic in the overbought region, and there's a possibility of rejection at the dynamic resistance level.
Could this be DXY's fate amidst the dovish tentions? #FEDS📈 Most Likely Probability: Neutral-to-Slightly Bullish Bias
🔍 Supporting Fundamentals:
Stronger-than-expected NFP: Suggests economic resilience → supports dollar strength.
Fed holding rates steady (but no dovish pivot): Keeps real yields relatively attractive → supports demand for USD.
Tariff/trade calm: Reduces tail risk, but also reduces safe-haven flow → slightly neutral.
📉 Limiting Fundamentals:
Calmer global risk sentiment and improved outlook in emerging markets may reduce dollar inflows.
No fresh hawkish push from the Fed = limited fuel for strong breakout.
📊 Technical Outlook (DXY near 100.00):
Key Support: ~99.70–100.00 (9-day EMA + psychological support)
Key Resistance: ~100.50–101.00 zone
Momentum: Slight recovery attempts with weakening bearish momentum
If the DXY holds above 99.70 and breaks above 100.50, a move toward 101.00 is likely next week. Failing to hold 99.70 could open a pullback toward 99.00.