DXYHello 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 previous resistance has turned into support. This zone also aligns with the 23.6% Fibonacci retracement, increasing the probability of renewed buying interest.
We expect buyers to react positively once price reaches this demand zone. If this support holds and bullish confirmation emerges, the uptrend is expected to resume, with the upper boundary of the long-term ascending channel serving as the next major upside target.
If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️
U.S. Dollar Index
No trades
No trades
In-depth trading ideas
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 👌
DXY is Well Positioned For a Short-Term DeclineDXY 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 calendar, but DXY could continue to fall more slowly.
Short-term targets:
100.65
100.40
100.15
You can find more details on the chart.
Thank you and good luck! 🍀
⚠️PS: Do your own analysis and use your own strategy to join the trade.
❤️ If this analysis helps your trading day, please support it with a like or comment ❤️
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 intact, the bullish structure stays valid. A successful bounce from the current level could drive price toward the **101.15** target, where the next key resistance and liquidity zone are located. A decisive break below the rising trendline would weaken the bullish outlook and increase the chance of a deeper correction.
🎯 **Target:** **101.15**
📈 **Bias:** Bullish while price holds above the ascending trendline support.
⚠️ **Invalidation:** A sustained break below the lower trendline may trigger further downside.
DXY: The 100.80 Level Holds the Key for USDAfter 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 Dollar remains pressured by expectations that the Fed may cut rates in the coming months. However, last week’s US jobs report showed that the labour market remains resilient, keeping the possibility of immediate policy easing uncertain. This helps the Dollar maintain a base instead of extending lower.
On the H4 chart, DXY is still holding above the EMA89 and trading near the important 100.80 support zone. If this area continues to hold, DXY could recover toward 101.20–101.40 and help the Dollar regain short-term strength.
DXY Bearish Trendline Rejection | Sellers Target 99.926**The **US Dollar Index (DXY)** remains under bearish pressure after rejecting the descending trendline resistance and trading below the Ichimoku cloud. Price is struggling to regain bullish momentum, suggesting sellers remain in control. A continuation below the recent swing lows could trigger further downside toward the **99.926** support target. A sustained move back above the trendline would weaken this bearish outlook.
**🎯 Target:** **99.926**
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 retest the top of the parallel channel. So far, the July 1st and July 2nd daily candle closes have held the top of the parallel channel with extreme accuracy, confirming that retest and the flip of old resistance (red arrows) into new support (green arrow).
An Interesting Timing Distinction
What makes this particularly interesting is that the current structure is slightly out of alignment with what I have been predicting for crypto. Normally the DXY is inversely correlated with crypto markets and risk assets as a whole. When the DXY rises, market participants tend to exit risk-on assets and flock to cash. When the DXY falls, participants tend to exit cash and rotate back into risk-on assets.
This distinction is important to monitor closely. On the macro timeframe I am still expecting the DXY to see a major rally toward $105 to $107, which would likely lead to a significant crypto correction. However I do not believe this will occur until closer to Q4. Those macro ideas can be viewed here:
This breakout and retest is an early sign that the DXY is beginning to build the strength necessary to fuel that larger move higher later in the year.
The Sequencing
The ideal scenario for both theses to play out, crypto rallying in the near term and the DXY breaking higher later on, would look something like this. The DXY bleeds slightly in the short term while maintaining the parallel channel or at least the 50 MA (orange trendline), while at the same time crypto surges toward its predicted next lower high. Crypto finds its local top at the same moment the DXY finds its local low. From there, the DXY begins surging toward its upper targets while crypto collapses toward its final bear market low for this cycle.
There is a lot to monitor with this chart, but I wanted to lay out the current structure for the DXY as it will be a major signal of what comes next. For my past DXY posts that have played out with a high degree of accuracy, view them here:
DXY (U.S DOLLAR INDEX) SELL SETUP price is trading below key resistance after a (BOS) .The current consolidation suggests a potential rejection from the resistance zone. if sellers maintain controll the next move could extend toward the target area .
Entry : 101
Stop loss : 101.20
Target : 100.55
Trade with proper risk management and wait for confirmation before entering . this is technical analysis ,not financial advice .
DXY Bearish Trendline Rejection | Drop Toward 100.386
The US Dollar Index (DXY) is trading beneath a descending trendline, signaling continued bearish pressure. Price is facing resistance near the trendline while the Ichimoku Cloud suggests weakening momentum. A rejection from current levels could trigger a move lower toward the **100.386** support target.
**🎯 Target:** **100.386**
US Dollar: Soft End to Last Week. Recovery This Week?Welcome back to the Weekly Forex Forecast for the week of July 6-10th
In this video, we will analyze the following FX market: USD Dollar
The US Dollar is poised for a potentially bearish start in the upcoming trading week as recent softer-than-expected Non-Farm Payrolls (NFP) data trimmed expectations for near-term Federal Reserve rate hikes.
However, price is currently trading in a Weekly +FVG, with another just below it. Price could find support in these zones for a mid-week or end of week bullish turn.
Overall, bearish for the near term, but there is support for higher prices just below the current price action. I still have a bullish outlook on the bigger picture.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
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 otherwise.
DXY Reaches My Target – Why I'm Still BullishIn 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 around 101.80, validating the bullish scenario.
Since reaching that high, DXY has entered a correction.
However, when we look closely at the structure of this pullback, it appears corrective rather than impulsive. Instead of signaling a trend reversal, the price is developing what looks like a bullish flag—one of the most common continuation patterns.
If this interpretation proves correct, the current correction should eventually give way to another leg higher.
Using the measured move of the bullish flag, the next upside objective comes around the 104 zone, which also coincides with an important horizontal resistance level. That confluence makes it a logical area where the market could pause or attract profit-taking.
Trading View
My outlook remains bullish.
As long as the price holds above the 100.50 support zone, I continue to favor buying dips rather than selling rallies.
For me, the current pullback is a correction inside an established uptrend—not the beginning of a bearish reversal.
Until the market proves otherwise, I expect the U.S. Dollar Index to resume its advance, with the 104 area remaining my primary upside target. 🚀
Bearish drop-off extends downside pressure?US Dollar Index (DXY) has rejected off the pivot and could drop towards the 1st support, which is a pullback support that is slightly above the 50% Fibonacci retracement.
Pivot: 101.39
1st Support: 100.71
1st Resistance: 101.80
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
DXY: Rounding Bottom Complete — Breakout Loading?The U.S. Dollar Index (DXY) has formed a beautiful rounding bottom reversal pattern and recently broke above the key 100.4 resistance, followed by a successful retest.
That level should now act as new support, confirming the shift in market structure.
The next major hurdle is the neckline resistance at 101.5.
At the first test, DXY faced a strong rejection, and the weekly candle closed as a Bearish Harami, suggesting short-term hesitation near resistance.
However, the broader technical picture remains constructive.
🟢 Bullish Factors
📈 Rounding Bottom Reversal
A classic bullish reversal pattern following a prolonged decline.
✅ 100.4 Successfully Reclaimed
Previous resistance has turned into support after the retest.
📊 Bullish EMA Alignment
All major EMAs remain aligned to the upside, while Daily EMA20 acting as dynamic support now.
💪 No Significant Bearish Signals
Apart from the weekly Bearish Harami, there are no major technical signs suggesting a larger reversal.
🎯 Bullish Scenario
➡️ As long as 100.4 continues to hold as support, I expect DXY to make another attempt at 101.5.
A decisive breakout above the neckline could trigger the next leg higher.
🎯 Target 1: 102.8
🎯 Target 2: 104.0
❌ Bullish Invalidation
🔴 A strong daily close below 100.0, followed by a failed reclaim that turns it into resistance, would invalidate this bullish thesis and increase the probability of a deeper correction.
👀 Watch the 101.5 neckline closely. A breakout above it would confirm the rounding bottom and likely mark the beginning of the next bullish impulse.
Sharp bearish sell-off?US Dollar Index (DXY) is reacting off the pivot, which is a pullback resistance, and could reverse towards the 1st support.
Pivot: 101.09
1st Support: 100.53
1st Resistance: 101.70
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
DXY Recovery May Be Running Out of MomentumThe U.S. Dollar Index has staged a short-term recovery following its recent decline, but the current structure suggests the move could be corrective rather than the start of a sustained bullish trend.
If buyers fail to maintain momentum, the next phase could see the dollar resume its broader downside move, creating potential opportunities across currencies, gold, and risk assets. The coming sessions will be key in determining whether this rebound has enough strength to continue or if sellers are preparing to regain control.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
DXY Maintains Bullish Bias as Flag Pattern Signals ContinuationThe DXY remains resilient as it advances to mitigate the 101.007 level. Structurally, the index continues to develop a bullish flag pattern, reinforcing the potential for trend continuation should momentum remain intact. f.....ollow for more insights , comment and boost idea
DXY_INDEX_BuyDXY_INDEX_1W 📈🇺🇸
The dollar index is fluctuating in a range 📉🔄 and in the medium and short-term timeframes, the possibility of an increase is higher 📈⏳
Therefore, the main range is 101 and this is the most important number for the dollar index 🎯💵
At prices below this number, caution is recommended in trading ⚠️📉
Target: 105.50 🎯🚀
Dawood Hamzeh, Market Analyst 📊👨💼
DXY | Will DXY shift to a bearish trend?Macro approach:
- The US dollar fell despite renewed Middle East hostilities and stronger-than-expected labor data.
- New York Fed's Williams said he doesn't expect a sustained rise in energy prices from the conflict, easing concerns that higher oil prices could force further tightening.
- The US dollar may stay data-dependent as markets reassess the Fed's policy path.
Technical approach:
- DXY broke the key support at 100.84 and plunged toward the next support at 100.55. The price is below death-crossed EMAs, indicating a potential shift to bearish trend.
- If DXY breaks below 100.55, the price may decline toward the subsequent support at 100.25.
- On the contrary, remaining above 100.55 may prompt a correction toward the immediate resistance at 100.84.
Analysis by: Quoc Dat Tong, Senior Financial Markets Strategist at Exness
Buyers maintain control?US Dollar Index (DXY) is falling towards the support level, which is a pullback support that aligns with the 71% Fibonacci retracement and could bounce towards the 1st resistance.
Pivot: 100.18
1st Support: 99.51
1st Resistance: 101.10
Disclaimer:
The opinions given above 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 to be informative only, and are not advice, a recommendation, research, a record of our trading prices, 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, or 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.
DXY H4 | Bullish Momentum To ExtendThe price is falling to our buy entry level at 100.36, which is a pullback support.
Our stop-loss is set at 99.98, which is an overlap support that aligns with the 161.8% Fibonacci extension and the 78.6% Fibonacci projection.
Our take profit is set at 100.82, which is an overlap resistance.
High Risk Investment Warning
Stratos Markets Limited fxcm.com Stratos Europe Ltd, fxcm.com CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC fxcm.com Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
Stratos Trading Pty. Limited fxcm.com Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at fxcm.com






















