DXY — U.S. Dollar Index Chart

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Key data points

Profile

The 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

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Ideas

DXY Hello Traders! 👋 What are your thoughts on DXY? After breaking above the previous swing highs, the U.S. Dollar Index (DXY) has entered a healthy corrective phase and is now approaching a strong confluence support area. The highlighted green zone represents a significant demand area, where previou

by HAMED_AZ

DXY is Well Positioned For a Short-Term Decline DXY is Well Positioned For a Short-Term Decline After the NFP data, the US dollar strengthened across the board. It seems to be weaker overall. The price broke this clear bearish pattern and after the retest it seems that DXY could fall further. This week remains a bit empty from the economic

by KlejdiCuni

Long Awaited Setup of the Decade A failure to break above Previous 5 year high that has turned into resistance with a break below trendline would begin a major downturn on DXY. This as a result of easing tensions in the middle east which a major catalyst to inflationary risk. Until then trade safe 👌

by medoubongg

DXY Bullish Channel Holding – Rebound Toward 101.15 Resistance The **U.S. Dollar Index (DXY)** continues to trade inside a well-defined ascending channel, respecting the lower trendline as dynamic support. Price is currently testing the support zone after a pullback, suggesting buyers may step in for another upward move. As long as the channel support remains

by Alpha_Trade_Scope

DOLLAR INDEX (DXY): Intraday Bearish Signal It appears that the 📉Dollar Index is positioned to drop after a test of a significant intraday horizontal resistance. A bearish breakout of the support line of a rising wedge pattern provides substantial confirmation. Goal - 100.69

by linofx1

DXY: The 100.80 Level Holds the Key for USD After the sharp correction earlier this month, DXY is showing signs of stabilisation around the 100.80 area. Sellers are no longer creating deep downside extensions, while buyers have not yet regained the resistance zone above. The index is now consolidating before its next directional move. The US

by DomicChaina

DXY: Consolidation, Liquidity Hunts, and the Next Macro Move Hi! The US Dollar Index (DXY) is sitting at a critical macro inflection point on the weekly chart, currently trading around 101.109. After breaking down below a massive weekly support level (now acting as a Flip Area around 100.175), the index has entered a prolonged consolidation phase right in th

by melikatrader94

DXY (SHORT) Dollar weakeness expected ,dollar has been very strong for long term but now shwoing signs of weakeness A reversa is happening Pirece was consolidating int a Box and now broke out and is currently restesting to continue down.

by Effective_44

DXY - Retest in Progress So far the DXY's price action has aligned perfectly with my recent predictions. Let's focus on the most recent idea first, and I will include links to the others near the bottom of this post: In my last idea I made it very clear that the DXY was nearing a micro top and would fall back down to rete

by VIAQUANT

DXY Reaches My Target – Why I'm Still Bullish In my previous DXY analysis, I explained why I was bullish and argued that the U.S. Dollar Index would break above the 100.50 resistance zone and extend its rally toward at least 101.50. That is exactly what happened. The index broke resistance, accelerated higher, and eventually printed a high ar

by Mihai_Iacob

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Technicals

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Oscillators

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