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U.S. Dollar Index

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DXY trade ideas

Idea for next week.The Dollar Index (DXY) is currently trading at $104.123, up by 0.10%, but hovers close to a key pivot point at $104.144. This level aligns with the 50-day EMA of $104.146, marking it as a critical zone for short-term direction. Should DXY break above $104.15, we might see upward momentum build, pushing toward immediate resistance at $104.281, with additional targets at $104.407 and $104.545. However, if the dollar falls below $104.144, support at $104.006 could be tested, with further downside risk toward $103.820. Traders should note that maintaining above the pivot is essential for sustaining a bullish trend in the near term.
TVC:DXY
by EZIO-FX
Dollar Index - Election Years Comes With Volatile SwingsThe U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies. The following six currencies are used to calculate the index: Euro (EUR) 57.6% weight Japanese yen (JPY) 13.6% weight Pound sterling (GBP) 11.9% weight Canadian dollar (CAD) 9.1% weight Swedish krona (SEK) 4.2% weight Swiss franc (CHF) 3.6% weight US Dollar Slips, Business Spending Rises: The dollar edges lower despite a 4-week winning streak, as positive economic data dampens rate cut expectations. US business spending plans exceed expectations, while German business sentiment improves. 50/50 going into next week even though business has been conducted @ 104.450. There is still the potential for next weeks price action to attack the daily order block @ 104.801 whilst punishing buyers by continuing to sell-off to 103.444, a target previously mentioned last week.
TVC:DXY
by LegendSince
Unmasking DXY's Bullish Potential with Volume ProfileH ello, The unusually high market activity around the 100.5 level indicated strong bullish accumulation. The yellow ellipses highlight the volume and price levels. You can see that volume decreases both above and below this key level. This accumulation is evident because the price broke out of a bullish consolidation pattern, as shown in the left yellow circle, reaching a high of 103.9, indicated by the yellow line. This is the current level, where you may notice exceptionally high market activity. As the price remains above the green demand zone, the red supply zone may be tested, as suggested by the volume profile. Regards, Ely
CAPITALCOM:DXYLong
by Elysian_Mind
US DOLLAR time to SHORT?Hi Everyone! Excited to update a confirming possible longer higher time frame pullback on DXY, please refer back to my 2 education videos on TVC:DXY to see that what is happening now was indeed a possibility. I have another CAPITALCOM:SILVER trade on, Im sorry I did not have time to immediately update it here. We have a mine structure break on M5, which I cannot post for some reason because the time frame is too small. But its there, there is a confirmed structure break on Silver, Basically the important price level that must hold is right around 33.250. I Need to update a silver chart for you all. Because if price pullbacks in this zone, this will all of yalls opportunity to buy there again for a smaller Stop loss.
TVC:DXYShort
by ChameleonInvestments
2
Dollar Holding Steady For The Fourth Consecutive Week, Now What?Hey there, It's been a while since we saw the dollar run as smoothly as its running now, recovering more than 50% of its value since last quarter. However, this growth doesn't come without a concerning question, how sustainable is this run? With key payroll and inflation data due next week while also moving closer to the election we're likely to see a very active market in the coming weeks. So, to get an idea of whats happening and what you should prepare for check out today's video and begin taking advantage.
TVC:DXY
by DeanMuller
US $ DXY & BRICKS 2025 Q1HELLO TRADERS As I can see DXY tested a resistance zone and a down trend line on 3rd test technically high chances to drop DXY incoming days fib retracement is also another indication technically on daily charts next rate cuts coming soon US Elections a week ahead world geopolitical wars remember wars not a single war only escalating day by day Putin War in Ukraine and north Korea officially Involvement & Bricks with US 35 Trillion Debt all these things are behind the charts too noting hidden DE-DOLLARIZEING so it's a great opportunity to join the rally and bull Rally to Crypto markets ^ energy with commodities more new ATH Coming banks and Institutions are accumulating shiny metal. Technically + fundamentally with a low risk and looking for bigger rewards its a great trade idea in my view what's Ur friends we love your support don't forget to boost if you really love our given analysis its always be appreciate Ur comments and share which gave us more energy to bring u incoming great markets updates technically and fundamentally Make a proper search before any trade Stay Tuned
TVC:DXYShort
by APEX_TRADING_ACADMEY
End of the week market analysis25th October DXY: Consolidating along 104 round number (50% fib retracement) could trade down to 103.85 price level NZDUSD: Sell 0.5970 SL 20 TP 55 AUDUSD: Sell 0.6610 SL 20 TP 40 GBPUSD: Sell 1.30 SL 25 TP 90 EURUSD: Looking for reaction around 1.0840 USDJPY: Buy 152.20 SL 40 TP 100 USDCHF: Do Nothing USDCAD: Looking for bounce, retail sales data pending Buy 1.3825 SL 15 TP 40 Gold: Likely to fluctuate between 2700 and 2740 while directional bias develops
TVC:DXY
by JinDao_Tai
USD Ready to Surge? Technical Setup Shows Big Potential for DXYTrend Overview: The DXY (US Dollar Index) is currently trading at 103.706, showing a clear potential for a bullish breakout. Based on the chart: The downtrend has been respected with a descending trendline starting from the highs around 115.000, but it is currently testing the trendline resistance. If the price can break above this descending trendline, it signals a reversal of the long-term bearish momentum. There is a possible inverse head and shoulders pattern, which is a strong reversal pattern in technical analysis, further indicating a potential bullish move. Key Levels: Buy Level: Suggested entry for a long position is around 103.500, as the price has breached a significant resistance zone and the volume profile shows increased activity around this price level. Stop Loss: To manage risk, the recommended stop loss is at 102.500, positioned below recent support zones, ensuring a safe distance from potential pullbacks. Take Profit Zone: The next major resistance zone lies around 106.000 and higher towards 108.000, which offers a good reward-to-risk ratio for this trade. Volume Profile: The volume profile shows that a significant amount of trading volume has taken place around the current price levels, suggesting strong institutional participation. If the price breaks above the trendline with higher volume, it may accelerate upward movement. Market Sentiment: Given the potential breakout from the inverse head and shoulders, and the fact that the DXY has held support around 103.000, this suggests growing bullish sentiment. The chart structure and volume activity indicate this is a favorable setup to enter a buy position. Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. Always perform your own analysis and consult with a financial advisor before making investment decisions. The content creator is not liable for any losses incurred from trading based on this information. Illegal financial activities will be prosecuted in this world and carry spiritual consequences in the afterlife.
CAPITALCOM:DXYLong
by Robinhold
2
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 103.83 1st Support: 103.38 1st Resistance: 104.42 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
A deep analysis on the U.S. DollarThe dollar has been strong in recent weeks, considering that the two indicators I find very impactful for the dollar, the ADP Non-Farm Employment Change and the Non-Farm Employment Change, came in much higher than expected, leading the dollar to recover about 80% of the previous drop. Note: These two indicators will be published next week, with the ADP Non-Farm Employment Change on Wednesday and the Non-Farm Employment Change on Friday, and the forecast for both is negative. POV: According to the weekly DXY chart, the dollar is recovering from the previous drop, and as you can see, it has found a very strong resistance zone at 104.108, which could be a lower high compared to the previous one. If employment data comes in below expectations, the dollar will experience a sharp drop, considering there is a large gap at 102.100. If the data comes in higher than expected, the market may continue to decline to fill the gap at 102.100 and then resume its upward movement. Finally, I still believe in the long-term decline of the dollar.
CAPITALCOM:DXY
by LordZanda
1
Trump 2.0: What to Expect If Donald Trump Returns to the W.HouseWith Donald Trump once again campaigning for president, his economic policies and views on international trade are resurfacing. Known for his aggressive protectionism, deregulation, and tax cuts, his economic approach has been dubbed the “Trump 2.0” by the media. But what does the Trump Trade really mean for investors? During his first term, Trump’s policies produced mixed results. While sectors like finance and energy thrived, the federal budget deficit widened, healthcare coverage decreased, and income inequality grew. Now, with the prospect of Trump returning to the White House, we could witness "Trump 2.0." What impacts might this have on the economy, and how should investors prepare? Key Points -The Trump Trade emphasizes lower taxes, deregulation, increased tariffs, and reduced immigration to stimulate U.S. growth. -Trump’s policies benefited sectors like finance and energy but also increased the federal deficit and triggered trade wars. If re-elected, Trump’s economic agenda could boost the stock market and select industries but also bring risks like higher inflation and global retaliatory tariffs. Understanding the Trump 2.0 The "Trump 2.0" represents Donald Trump’s economic strategy, which centers on stimulating growth through deregulation, tax cuts, higher tariffs, and reduced immigration. While this approach benefited specific sectors, it also led to rising federal deficits and global trade conflicts. Highlights of Donald Trump (2016-2020) 1. A Strong Economy Under Trump, the U.S. economy remained robust, with low inflation and consistent job growth until the COVID-19 pandemic struck. However, the economic momentum seen during Trump’s presidency was largely a continuation of the post-Great Recession recovery initiated by the Obama administration. 2. Job Creation and Wage Growth Prior to the pandemic, job creation and wage growth continued their upward trend, with unemployment hitting a 50-year low of 3.5% in 2019. Wages increased steadily in 2018 and 2019. 3. Tax Cuts The Tax Cuts and Jobs Act of 2017, Trump’s most significant policy, represented the largest tax overhaul in 30 years, reducing the corporate tax rate from 35% to 21%. The tax cuts spurred consumer spending and increased private sector investment, but also added significantly to the federal deficit. 4. Booming Stock Market The stock market thrived under Trump’s administration, with the S&P 500 setting new records until 2022. The Dow Jones Industrial Average rose by 57% during his tenure, fueled by high employment, wage growth, and tax incentives. S&P500 During Trumph Election 5. Widening Federal Deficit Trump’s tax cuts and increased defense spending expanded the federal deficit. In 2018, the annual deficit hit $779 billion, escalating to over $1 trillion by 2020. 6. Trade Tariffs Trump imposed tariffs on steel, aluminum, solar panels, and Chinese imports, triggering a “trade war” with China and other trading partners like Canada, Mexico, and the European Union. While intended to protect U.S. industries, these tariffs led to global retaliations, impacting American consumers and workers negatively. What to Expect If Trump Returns to Power If Trump returns to the White House, his economic policies could have significant implications for various sectors: 1. Impact on the Stock Market Historically, the stock market performs positively during election periods, regardless of the candidate. If Trump wins, expect market gains due to extended tax cuts, increased oil and gas production, and deregulation. While Trump’s policies could boost corporate investment, stock market performance will ultimately depend on broader economic fundamentals. 2. Impact on Bond Yields Trump's pro-business agenda, combined with increased spending, could drive inflation upwards. If inflation rises, the Federal Reserve may maintain higher interest rates, which could increase bond yields but reduce bond prices. This would likely result in a more muted bond market under a Trump administration. 3. Impact on Dollar Strength A strong economy under Trump could bolster the U.S. Dollar. External factors, such as economic weakness in Europe and Asia, may further support dollar strength. However, a stronger dollar could hurt U.S. exporters, making their goods more expensive abroad and reducing their competitiveness. 4. Impact on Specific Sectors -Financial Services: The sector could benefit from deregulation, enabling banks to expand operations and increase profitability. -Technology: Tech companies may gain from extended corporate tax cuts, leading to higher investments, stock buybacks, and dividends. -Energy: Trump’s “drill, baby, drill” policy aims to expand domestic oil and gas production, supporting the energy sector and boosting U.S. exports. -Manufacturing: While a strong dollar could reduce export competitiveness, Trump’s emphasis on domestic production (e.g., the CHIPS and Science Act) could support U.S. manufacturers. -Infrastructure: Trump's support for infrastructure projects could benefit construction and civil engineering companies, building on the existing Infrastructure Act passed by Biden. Global Implications of Trump 2.0 -Universal Tariffs: Trump’s proposed universal tariffs could trigger significant global retaliation, leading to reduced trade, disrupted supply chains, and higher global inflation. -Renewed Trade War with China: Trump has hinted at increasing tariffs on Chinese imports to as high as 60%, which could hinder China’s economic recovery and create broader global economic uncertainty. Preparing for Trump 2.0 Investors should keep a close eye on sectors likely to benefit from Trump’s policies, such as finance, technology, energy, and infrastructure. At the same time, be prepared for volatility in the bond market and potential retaliatory tariffs impacting global trade dynamics. Diversifying portfolios, hedging against potential inflation, and maintaining a long-term investment outlook can help manage the uncertainties associated with a potential Trump return to the White House. Conclusion Trump 2.0 could have a significant impact on the U.S. economy and global markets. While certain sectors may experience growth under Trump’s policies, the risks of higher inflation, trade conflicts, and federal deficits remain. Investors should approach a potential Trump presidency with cautious optimism, focusing on sectors that align with his agenda while being prepared for increased volatility. By staying informed and adaptable, investors can capitalize on the opportunities and navigate the risks posed by a possible Trump comeback. ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
TVC:DXYEducation
by FOREXN1
5