DXY trade ideas
U.S. Dollar Index (DXY):The index is currently trading around 97.90 after a sharp drop from 98.80. Possible scenarios:
1️⃣ Bearish Scenario:
If the price fails to reclaim the 98.00 zone and breaks below 97.75, further downside could extend toward 97.50 and 97.30.
2️⃣ Bullish Scenario:
If the index breaks and holds above 98.00, bullish momentum may target 98.30 followed by 98.55.
📌 The 98.00 level is the key pivot to watch for the next move.
DXY COUNTERTREND BUYS | 25 AUG🧃 DXY Signal – Liquidity got cooked edition
Daily got slapped bearish after Friday’s LQ sweep, but 1H said “lemme cook” 🔥
Price tapped the discount zone → setup valid ✅
First pitstop = Asian highs 🚏 (97.93)
Uber target = Orderflow station 🎯 (98.15 – 98.20)
SL chilling under 97.80 🛑 (if we break that, pack it up)
RRR chef’s kiss ~1:3 💋📈
Outlook: Bears had their fun, now bulls spinning the block for a quick correction rally. Don’t fight it, just ride it 🚀
Bullish bounce off pullback support?The US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance, which acts as a swing high resistance.
Pivot: 97.19
1st Support: 96.36
1st Resistance: 100.07
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US Dollar: Bearish August. Rate Cuts Likely. Sell USD?Welcome back to the Weekly Forex Forecast for the week of Aug 25 - 29th.
In this video, we will analyze the following FX market: USD Dollar
The USD has been weak since the start of August. It took a huge move down Friday with FED Chairman Powell's dovish take on rate cuts.
So, this market is is not one to take buys in.
However, we are still in correction territory, looking at the Monthly and Weekly candles. Be mindful that the market can find support at current levels, even though it has been bearish for 7+ months. The Swing Low has not been violated as yet.
Be cautious. No buys are justified without a Bullish BOS. Sells are the best best, but keep your head on a swivel!
React and do not predict.
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.
MY POSSIBLE 3 OPTIONS FOR THE DXY NEXT WEEKTrading week 08 - 12 SEPTEMBER 2025
On Friday last week poor USD NFP readings caused a strong selloff of the Index however this didn’t leave the consolidating channel and we saw a re-bounce from 97.500 area of support.
This week a selloff in the 98.054 area could see the index testing the lower lows 96.700 and 96.470; if 98.054 is broken the next levels I will monitor are 98.300 and 98.743 as possible selloff entries. If the price breaks these levels and reaches 99.200 we could see more uptrend the DXY rallying to the 99.900 level of resistance.
DXY Will Go 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 trading around a solid horizontal structure 97.736.
The above observations make me that the market will inevitably achieve 99.022 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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DXY monthly chart ... bullish aheadDXY monthly chart trading at 97.300- according to channel shows DXY current price is at its cruicial support if it breaks may reach to 200 month EMA i.e. 91.864. As per previous pattern behavior it should reverse from here. If it crosses 100 month EMA i.e. @ 98.511 then price will touches to 50 month EMA 101.253 very soon. This month is only for buyers.
Okay, here is a brief analysis of the US Dollar Index (DXY). **Okay, here is a brief analysis of the US Dollar Index (DXY).
**Fundamental Analysis:**
The US Dollar Index (DXY) is a composite measure of the dollar's value against a basket of major currencies. Its trajectory is primarily driven by the Federal Reserve's monetary policy stance and the relative strength of the US economy. The dollar typically strengthens when the Fed adopts a hawkish stance (hiking rates or signaling hikes), US economic data outperforms (e.g., NFP, GDP, CPI exceeding expectations), or global risk-off sentiment sparks safe-haven demand. Conversely, it often weakens on expectations of Fed rate cuts, weak US data, or improved global risk appetite.
**Technical Analysis:**
From a technical perspective, after a prolonged rally fueled by an aggressive hiking cycle, the DXY has recently been consolidating at high levels. The 105-106 zone is a crucial pivot point. A decisive break and hold above 107 could signal a resumption of the uptrend. However, a sustained break below key support near 104 might indicate exhausted bullish momentum and risk a deeper correction. Traders should watch its correlation with US Treasury yields closely.
**Summary and Outlook:**
In the short term, the DXY's movement will remain highly volatile, closely tied to Fed policy expectations and economic data releases. Its longer-term direction depends on the growth and interest rate differential outlook between the US and other major economies (particularly the Eurozone). The market is still pricing in the Fed's rate cut path, keeping the dollar's near-term direction uncertain.
***
*Disclaimer: The above content is market analysis and does not constitute investment advice. Markets are risky; invest with caution.*
DXY4H Trading Outlook for the Upcoming Week
In this series of analyses, we review trading perspectives and short-term outlooks.
As can be seen, in each analysis there is a key support/resistance zone near the current price of the asset. The market’s reaction to—or breakout from—this zone will determine the next price movement toward the specified levels.
Important Note: The purpose of these trading outlooks is to highlight key levels ahead of the price and the market’s potential reactions to them. The analyses provided are by no means trading signals!
DXY Update📉 Outlook:
USD remains under pressure as weak August NFP (22K jobs vs. 75K expected) reinforces bets on a Fed rate cut in mid-September.
📊 Key Levels:
Support: 97.90 → 97.50 → 97.00
Resistance: 98.35 → 98.80 → 99.20
🎯 Scenarios:
Bearish: Break below 97.90 → 97.50–97.00
Bullish: Recovery above 98.35 → 98.80–99.20
⏱ Next Catalyst: US CPI (Sept 11) – a hotter print could trigger a USD rebound; soft data may extend the decline.
Summary: DXY in medium-term downtrend. Short-term price trapped near critical support. Watch CPI for the next directional move.
EDUCATION -HOW TO TRADE NFP
🔎 Current Chart Context (Sept 1–4)
Price rallied strongly from 97.60 → 98.60 on Sept 1 (likely institutional accumulation).
Since then, we’ve been in a range/consolidation:
Support zone: 97.90 – 98.00
Resistance zone: 98.55 – 98.65
Liquidity pools:
Buy-side liquidity above 98.65 (equal highs).
Sell-side liquidity below 97.90 (equal lows).
This is a perfect pre-NFP “box” setup.
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📌 Likely NFP Scenarios (Sept 5)
Based on technical footprints:
1. Liquidity Sweep to the Upside → Reversal Down (High Probability)
Price spikes above 98.65 resistance on the NFP release.
Retail traders chase the breakout.
Institutions sell into that liquidity.
Reversal targets 98.00 / 97.90 support (maybe deeper toward 97.70).
This would match the typical “NFP fake breakout” play.
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2. Liquidity Sweep to the Downside → Reversal Up (Alternative)
Price sweeps below 97.90 support first.
Sharp rejection back inside the box.
Real move then pushes back above 98.40–98.60.
This scenario requires a strong rejection wick — otherwise, a clean break of 97.90 means sellers fully take control.
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🔑 Technical Clue
Institutions already built longs from 97.60.
They might use NFP to take profit by running price above 98.65, then selling off.
If the spike and reversal play happens → expect USD weakness after the news.
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🎯 Trading Playbook for Tomorrow
1. Mark the range box: 97.90 (support) – 98.65 (resistance).
2. Wait for the first spike on NFP (don’t chase it).
3. If it sweeps liquidity (either side) and rejects sharply → trade the opposite direction.
4. Targets: opposite side of the box (98.65 → 97.90, or 97.90 → 98.65).
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✅ In short: Technically, todays NFP will likely grab stops above 98.65 first, then reverse lower toward 98.00/97.90. But always wait for confirmation — the first spike is usually the trap.
DXY: Strong Bullish Sentiment! Long!
My dear friends,
Today we will analyse DXY together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 97.952 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Dollar Index - Potential to break out + move to 100 still thereThe potential to break out of the trend and continue to the 100 area is still there.
What initially seemed like a rejection from the trend (pls see our comment on previously posted analysis: ), turned out to be a bigger consolidation on the trend line instead.
Furthermore, the consolidation (abc structure) looks like already over or over very soon.
Keep an eye for buy setups - there is a lot of pips from where price is now to 100.
Stay tuned.
US INDEX Decisive Moment for next Major MoveThe Dollar has had the bulls and the bears at battle for weeks at the current price action BUT its come to its breaking point where is has to elect a winner BULLS OR BEARS ?
Breaking it down thru each timeframe i believe 98.500 is what we have to break to confirm bullish Rally 103.000-105.000 next targets
On the other hand if we break 97.000 bears have taken over 95.000 next target zone
will look at US30 and EU along w other pairs to see if i can correlate anything
Break of dynamic resistance or rejection?It’s been a long time that this resistance has prevented the Dollar Index from reaching the 100 level, and the price has been making strong efforts to break through and establish itself above this zone. At the end of the week, we have a very important news release for the US dollar, so we need to see how the price reacts to this resistance in the coming days.