USDX trade ideas
DXY is ready to fall againI think this sell will be swift. I analyse DXY just to cause it relates to all others. By this I mean EURUSD AND GBPUSD will buy. My only reserve is the 107.38 region but I dont think it will reach there. I've entered now. I will enter again if it reaches there. Overall, the trend has turned bearish.
I will post other charts soon.
Follow me cause my trades are market orders, so you will be able to see them on time and enter on time
DXY Holds Above 106, Currency Markets at Risk?The US Dollar Index (DXY) remains firm above the 106-mark, applying pressure on the latest currency market rebound amid escalating tariff and trade war concerns.
With the first wave of tariffs on Canada and Mexico set to take effect in early March, Trump's renewed tariff threats against the EU are further strengthening the Dollar's stance.
This has kept the EURUSD capped below 1.0530 and GBPUSD struggling at 1.27. Friday’s key inflation reports—including the German Prelim CPI and US Core PCE—are expected to introduce additional volatility risks.
🔻 Downside Scenario:
A break below 106, aligning with June 2024 highs, could expose the next support at 1.0520, coinciding with the upper boundary of the declining channel connecting lower highs from October 2023 to June 2024.
Further declines could see DXY testing 104 and 102.20, aligning with the 50% and 61.8% Fibonacci retracement levels.
🔺 Upside Scenario:
A solid close above 107.30 could reignite bullish momentum, pushing DXY towards the 2025 high of 110, potentially derailing the currency market’s 2025 rebound.
- Razan Hilal, CMT
Is the Dollar's Rally Over? Key Levels to WatchIs the dollar trend doomed? Many say the trend is over, but the charts tell a different story. The Dollar Index remains at key support levels, with technicals pointing to a potential upside. A breakout retest around 105 could determine the next move. Will inflation, wage growth, and the Fed's stance push the dollar higher? Or will weak economic data trigger a breakdown? Watch now and decide—long or short?
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DXY Is Going Up! Long!
Please, check our technical outlook for DXY.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 106.184.
Considering the today's price action, probabilities will be high to see a movement to 107.245.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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#DXY 4HDXY (4H Timeframe) Analysis
Market Structure:
The price is forming a falling wedge pattern, which is generally considered a bullish reversal pattern. This suggests that the downtrend is losing momentum, and a potential upward move could follow if the price breaks above the wedge resistance.
Forecast:
A buy opportunity may arise if the price confirms a breakout from the falling wedge pattern, signaling increased bullish pressure.
Key Levels to Watch:
- Entry Zone: A buy position can be considered after a confirmed breakout above the wedge resistance.
- Risk Management:
- Stop Loss: Placed below the recent swing low to manage risk.
- Take Profit: Target key resistance levels based on previous price action.
Market Sentiment:
The falling wedge suggests potential bullish momentum. A confirmed breakout with strong price action can provide better validation for the buy setup.
My ViewI think price is at a daily resistance and might drop since the rising channel has been violated to the downside and price has BOS twice to the down side
USD INDEX ACTIVATING AGAIN ?The name of the game for the us dollar index was breaking bottom , retest and go during the last few weeks. The short term trend is not acting as bearish as expected at the moment. The previous bottom at 106.5 also unable to form the new top and its under attack since start of the week. Finding support on 106.5 will prepare a hike in the short term targeting 107.3 first.
DXY – Break or Bounce? Key Levels to WatchTVC:DXY
The DXY has broken below the 106.96 support, establishing a new fractal at 106.14 while testing the major April 2024 fractal resistance forged at 106.51. This price action leaves the dollar in a critical decision zone, with two main scenarios in play:
1️⃣ Bullish Scenario: If the dollar holds above the newly formed support and reclaims the daily fractal resistance at 107.38, it could trigger a recovery attempt, potentially leading to a retest of previous highs and the weekly fractal resistance.
2️⃣ Bearish Scenario: A failure to hold current levels could push the DXY below the emerging triangle structure, targeting the weekly fractal support at 105.42. A break below this level increases the probability of reaching the 200% Fibonacci extension at 104.59, where a bullish Crab pattern is projected in convergence —a critical area for potential trend reversals.
🔍 Key Technical Factors:
📌 Consolidation Triangle: DXY is stuck below the double top neckline but above the most recent fractal support forged at 106.14.
📌 Fibonacci Levels : The dollar is currently trading at the 38.2% Fibonacci retracement (106.35) , with projected harmonic patterns aligning near the next 50% retracement level.
📌 Liquidity & Stop Hunts: Multiple bullish harmonic patterns emerging just below the weekly fractal support indicate possible stop-hunting activity against short positions.
💡 Key Levels to Watch:
📈 Resistance Levels:
Weekly – 110.17
Daily – 107.38
4H – 106.65
Monthly – 106.51
📉 Support Levels:
4H – 106.17
Daily – 106.14
Weekly – 105.42
Monthly – 100.15
⚠️ Final Thoughts: DXY is at a crucial inflection point. A breakout above 107.38 could fuel a bullish move, while a breakdown below 105.42 may accelerate a bearish extension towards 104.59-104.78.
Until the price confirms direction, it is advisable to remain neutral and wait for a clear signal before committing to a directional bias.
Happy Trading,
André Cardoso
💡 Risk Warning: Trading financial assets carries a high level of risk and may result in the loss of all your capital. Make sure to fully understand the risks involved before you start trading and carefully consider your investment objectives, level of experience, and risk tolerance. The data and information provided in this content do not constitute financial or investment advice and should not be considered as such. Only invest what you can afford to lose, and be aware of the risks associated with trading financial assets.
DXY BullishThis analysis is based on the Wyckoff Accumulation Schematic #2. I'm bullish on DXY. We will see the full strength of the dollar soon.
DXY Swing Long! Buy!
Hello,Traders!
DXY is approaching a
Horizontal support level
Of 105.500 so after the
Retest we will be expecting
A local bullish correction
Buy!
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Check out other forecasts below too!
DXY Bearish to 85-90The U.S. Dollar Index (DXY). Here are some key insights from the chart:
A zigzag corrective pattern is identified.
Resistance levels at 113 and an inverse bearish level at 115 are highlighted.
The Exponential Moving Average (EMA 9) and Simple Moving Average (SMA 50) are displayed.
Elliott Wave analysis appears to be used, indicating a possible downward correction.
A bearish scenario targeting around 90 in the long term is projected.
The U.S. Dollar Index (DXY). Here are some key insights from the chart:
A weakening dollar will boost growth in the export sector. I believe this will occur during President Trump's term.
possibility of uptrendConsidering the behavior of the index in the resistance range and the resistance trend line, possible scenarios have been identified. It is expected that we will see the start of an upward trend.
26.02.25 Morning ForecastPairs on Watch -
FX:AUDNZD
FX:EURNZD
A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Dollar strength into Trump inauguration A weaker dollar is good for Bitcoin. Let's see if the dollar gets weaker after inauguration.
My belief is that it will weaken and risk assets/S&P will continue to trend upward.
DXY SankAs analysed in the previous post. Dxy sank to the bottom of the range. The final target is the sell side liquidity resting below, so I expect bearishness until that area is breached
DXY: Buy ideaBuy idea on DXY as you can see on the chart if only if we have the breakout with force the vwap and the resistance line.
Dollar Topped, Crypto BottomedEach cycle we've seen the same pattern in USD: Relentless rise, pops out of the range, traps bulls and slams them below the range over the subsequent ~1 yr. Each top in USD has coincided with a bottom in altcoins and kicked off altseason.
Strap in...
$DXY HOLDS FIRM—TRUMP TARIFFS & FED FUEL 2025 BUZZTVC:DXY HOLDS FIRM—TRUMP TARIFFS & FED FUEL 2025 BUZZ
(1/9)
Good afternoon, Tradingview! The U.S. Dollar Index ( TVC:DXY ) sits at 106.47 today—tariffs and Fed vibes keep it humming 📈🔥. Down a hair from 106.60—let’s unpack this greenback glow! 🚀
(2/9) – YEARLY SURGE
• 2024 Run: From 100.16 to 107+ by Dec 💥
• Today: 106.47—off 0.12% from yesterday 📊
• Driver: Trump tariffs juice inflation fears
TVC:DXY ’s got grit—2025’s off to a zesty start!
(3/9) – BIG BOOSTERS
• Tariffs: Auto, chip threats—dollar darling 🌍
• Fed: Slow cuts—rates outshine abroad 🚗
• Crypto Nod: Pro- AMEX:USD admin vibes 🌟
Greenback’s flexing—policy packs a punch!
(4/9) – MARKET PULSE
• Vs. Peers: Outpaces euro, yen—rate gaps shine 📈
• X Chatter: 107 peak, post-swearing dip?
• Edge: U.S. growth trumps global woes 🌍
TVC:DXY ’s steady—king of the currency hill?
(5/9) – RISKS IN PLAY
• Deficits: Fiscal bloat looms long-term ⚠️
• Geo-Tension: Wars nudge safe-haven bets 🏛️
• Fed Pivot: Faster cuts could dim shine 📉
Tough tailwinds—can TVC:DXY dodge the drag?
(6/9) – SWOT: STRENGTHS
• Tariffs: Inflation lift—dollar darling 🌟
• Rates: Fed’s edge over ECB, BOJ 🔍
• Haven: Chaos loves $ USD—rock solid 🚦
TVC:DXY ’s got muscle—global star!
(7/9) – SWOT: WEAKNESSES & OPPORTUNITIES
• Weaknesses: Debt piles—future wobble? 💸
• Opportunities: Tariff hikes zap rivals 🌍
Can TVC:DXY keep the crown or stumble?
(8/9) – TVC:DXY at 106.47—what’s your vibe?
1️⃣ Bullish—108+ by spring.
2️⃣ Neutral—Holds steady, risks hover.
3️⃣ Bearish—Dips below 100 soon.
Vote below! 🗳️👇
(9/9) – FINAL TAKEAWAY
TVC:DXY ’s 106.47 glow—tariffs, Fed, and grit shine 🌍🪙. Deficits lurk, but strength rules—bull or bust?
DXY , is Bearish !we have closed below new day opening gap and now below new week opening gap !, price can go lower until last day sell side liquidity
Bearish on the DollarBuy side liquidity was swept as price tapped into a 4H FVG. We have resting sell side liquidity below which may be the next draw om liquidity. This spells bullishness for XXXUSD pairs
Dollar Index (DXY): Pullback From Resistance
I think we may see a local bearish continuation after a test
of a key daily/intraday resistance.
A local Change of Character on an hourly clearly shows the strength of the sellers.
The index may retrace at least to 106.53
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