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Dollar Index Resistance & Support AnalysisDXY (U.S. Dollar Index) is trading around 97.71, holding within an upward channel after bouncing from the 97.00–97.10 support zone. The structure shows a series of higher highs and higher lows, indicating short-term bullish momentum. However, the chart also highlights a potential “strong high” area near 98.20–98.40, where resistance from both Fibonacci retracement levels and channel tops converge. If DXY fails to break above this resistance, a retracement toward 97.20–97.00 is likely, with further downside risk toward 96.80 if that support breaks. Based on the current setup, short-term upside toward 98.20–98.40 is possible, but overall bias suggests a likely pullback (downside) after testing resistance, especially if momentum weakens near the channel top. 🔴 Sell Zone (Short Setup) - Sell Zone (Resistance area): 98.20 – 98.40 - Sell Trigger: If price tests and rejects this zone with bearish candles (reversal signals). 🟢 Buy Zone (Long Setup) - Buy Zone (Support area): 97.20 – 97.30 - Buy Trigger: If price holds above this zone and shows bullish reversal candles (hammer, engulfing, etc.). Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!
TVC:DXYShort
by SibiSh
DXY at Major Support – Dollar Ready to Rebound?Today, I want to analyze the DXY index ( TVC:DXY ) for you. First, I must say that this week, US indexes can have an impact on the DXY index trend . US indexes to be released this week: Core PPI m/m: Tomorrow PPI m/m: Tomorrow Core CPI m/m: Thursday CPI m/m: Thursday CPI y/y: Thursday Unemployment Claims: Thursday Prelim UoM Consumer Sentiment: Friday Prelim UoM Inflation Expectations: Friday The DXY Index is currently moving near the Support zone($97.989-$97.834) , Yearly Support(2) , and the lower line of the descending channel . In terms of Elliott Wave theory , it seems that the DXY index has managed to complete microwave 5 of the main wave C . The corrective structure is of the Zigzag Correction(ABC/5-3-5) type. Also, we can see the Regular Divergence (RD+) between consecutive valleys . I expect the DXY index to rise to at least $98.07(First Target) before the US indexes are announced. Second Target: $98.56 Stop Loss(SL): $96.997 Note: With the DXY index rising, we can expect a correction in Gold( OANDA:XAUUSD ), Bitcoin( BINANCE:BTCUSDT ), and major Forex pairs (dollar strength). Please respect each other's ideas and express them politely if you agree or disagree. U.S. Dollar Index Analyze (DXYUSD), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DXYLong
by pejman_zwin
28
DXY (US Dollar Index) AnalysisPrice is currently trading near 97.60 – 97.90, which is a strong resistance zone. I’ll be waiting for bearish confirmation here before expecting downside momentum. 🔻 If sellers hold this level, we could see DXY drop further, aligning with bearish pressure on USD across correlated pairs (EURUSD bullish, GBPUSD bullish, Gold bullish). Key Levels: 🔴 Resistance: 97.60 / 97.90 🟢 Target Zone: 95.00 📌 Trading Plan: Wait for rejection at 97.60 – 97.90 before entering. Look for sell setups targeting 95.00. Correlation: Bearish DXY supports bullish momentum in major USD pairs. ⚠️ Risk management is key. Always wait for confirmation before taking positions.
TVC:DXYShort
by Fm254
Dollar Weekly WrapThe dollar ripped to fresh lows early in the week on the FOMC spark and is now set to close with a heavy bearish rejection candle. Next week’s macro stack: Tue – U.S. PMI flash Thu – Q2 GDP final and Durable Goods Fri – Personal Income/Spending and PCE Price sits just below a five-week liquidity shelf around the 98.00 area. Technically the market is oversold near the lower range, so high probability to target next week 98ich highs and lower on cross pairs. lets see how it will play out!
CAPITALCOM:DXYLong
by CORE5DAN
Dollar Bloodbath = Risk On Assets Rally?Dollar Fundamentals: The dollar posted modest gains on Friday due to higher T-note yields, which have strengthened the dollar’s interest rate differentials. The University of Michigan US Sep consumer sentiment index fell more than expected to a 4-month low causing the weakening of the dollar. Limiting the upside in the dollar are the increased expectations for Fed easing through year-end. The dollar is also being undercut by concerns over Fed independence, which could prompt foreign investors to dump dollar assets as President Trump attempts to fire Fed Governor Cook, and by Stephen Miran’s intention to be a Fed Governor. What Can We Expect Going Forward? - Due To High Resistance Over Multiple Weeks, There Will Be Massive Levels Volatility, Aiming To Trap The Retail Traders - Next Week Wednesday Will Determine How Volatile Dollar Will Be. Anything More Than A .25 Basis Point Decline Will Cause Turmoil For Dollar. - This Will Lead Risk-On Assets (e.g. GBPUSD, EURUSD, AUDUSD) Rallying Up Into Premium Arrays Prices To Keep An Eye On: - 99.078 (Last Line Of Defence) - 96.377 Major Sellside Liquidity - Medium-Term Draw To 95.716 - 94.313 HTF Array GBPUSD Fundamentals : UK gross domestic product remained unchanged in July after growing 0.4% in June, the Office for National Statistics said, as manufacturing output, which makes up 9% of the economy, dropped by 1.3% on the month. The BoE is widely expected to keep its benchmark Bank Rate unchanged on September 18, after a split decision to lower the rate to 4% in August. What To Expect Going Into Next Week? - Increased Volatility - Trigger HTF Stop Losses - Unusually High Levels Of Manipulation Price Points To Keep A Eye On: - 1.35950 Buyside Liquidity - 1.36760 - 1.37036 Longer Term Premium Array - 1.34458 Mean Threshold (Last Line Of Defence)
TVC:DXYShort
by LegendSince
$DXY breaking down. Next level to watch 95. Year-end lows @ 90.Even if the Fed cutting cycle has just started, we are seeing major weakness in the TVC:DXY index prior to the easing cycle. It is quiet peculiar the bottom to top of the Fed hiking cycle matches exactly to the DXY index Cycle bottom in 2021 to cycle top to September 2022. With a drop in the Fed fund rate from 5.34% to 4.34%, which is close to 18%, and the DXY has also lost almost 17%. If the expectation is that there will be another 0.25% rate cut over the next few months which will takt the Fed fund rates to 4.09%, which is 23% from the recent highs of 5.34%. And surprisingly if we plot 23% lower from the ATH on the TVC:DXY Index then the index should reach 90 by the end of the year. Verdict: With Fed rate lowering cycle ongoing the TVC:DXY index will lose more strength. 95 remains our short-term target and TVC:DXY to reach 90 by year end.
TVC:DXYShort
by RabishankarBiswal
DXYDXY maintains a bearish bias, trading below last week’s open and confirming weakness with a series of lower highs and lower lows. Commitment of Traders (COT) data shows non-commercial traders reducing long positions and adding to shorts, reinforcing the downside outlook. As long as price holds beneath the current week open, bearish momentum is expected to persist, with any rallies into resistance or supply zones offering opportunities to align with the prevailing trend.
TVC:DXYShort
by Primus0725
US Dollar Index (DXY) – Institutional Structural OutlookMacro Context The Dollar Index is currently holding within a weekly demand zone after a prolonged distributive phase. The market is evaluating whether this region will act as a structural accumulation base or if deeper liquidity levels will be tested. Confirmation from COT reports will be crucial to validate institutional positioning. Technical Structure Breakout & Acceptance: The last major breakout is still respected, with price now consolidating above demand. Demand Layers: Three clear demand zones are mapped: Current Demand – where the market is attempting to accumulate. Deep Discount Demand – a deeper structural level where liquidity could be absorbed if the first zone fails. Extreme Deep Discount Demand – ultimate defensive layer, aligned with long-term rebalancing. Accumulation: Price is building a smaller accumulation range, signaling potential preparation for an institutional move. Projected Scenarios Primary Bias (Accumulation/Long): If confirmed by COT, current accumulation may trigger a structural recovery of the Dollar, strengthening against weaker counterparts (AUD, NZD). Invalidation: A clean break below the current demand would open the path towards deeper demand zones, reframing the context as continuation of distribution. Confirmation & Monitoring COT Reports: Weekly positioning will confirm whether institutional players are indeed accumulating or still unwinding Dollar exposure. Volatility Index (VIX + EVZ): As timing filters for breakout confirmation. Macro Drivers: Next Fed communications and global liquidity flows remain critical catalysts. ⚖️ Institutional Note: The DXY is at a decision point – smaller accumulation is visible, but validation from institutional flows (COT) is essential before considering a structural recovery.
CAPITALCOM:DXY
by philipemav