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U.S. Dollar Index

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Bullish reversal?The US Dollar Index (DXY) has bounced off the pivot and could rise to the 1st resistance that aligns with the 50% Fibonacci retracement. Pivot: 97.49 1st Resistance: 98.15 1st Support: 97.16 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given 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 only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or 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 and 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.
TVC:DXYLong
by ICmarkets
1
DXY BULLISHThe dollar advanced against the euro and sterling on Wednesday but investor concerns over the Federal Reserve's independence continued to linger, potentially limiting the U.S. currency's rise. The euro EURUSD was down about 0.4% at $1.1593 and sterling GBPUSD slipped 0.3% to $1.3441, giving back some of the gains spurred by Trump's announcement on Monday that he would fire Fed Governor Lisa Cook over alleged improprieties in obtaining mortgage loans. Cook's lawyer later said she would file a lawsuit to prevent her ouster, kicking off what could be a protracted legal fight. Trump's unprecedented bid to remove the Fed Governor adds to the relentless pressure he has put on the central bank to lower interest rates since he returned to the White House this year.
TVC:DXYLong
by Osamudiameh
2
USD Index Technical Outlook – Key Buy & Sell LevelsThe U.S. Dollar Index (DXY) is currently trading inside a clear downward channel, showing a bearish market structure. Price is hovering near 98.23, just below the key resistance zone between 98.5 – 99.2, where Fibonacci retracement levels (0.382, 0.5, and 0.618) also align, making it a strong supply area. As long as price remains below this zone, the bias stays bearish, with potential downside targets at 97.5 and then 96.5, in line with the channel support and Fibonacci extensions. However, if buyers manage to push above 99.2, it would signal a possible trend reversal and shift the outlook towards bullish continuation. Overall, the structure suggests that the U.S. Dollar Index is more likely to face rejection near resistance and continue lower in the short term. 🔴 Sell Zone (Short Setup) - 98.50 – 99.20 is a strong resistance area where price aligns with the Fibonacci retracement (0.382 – 0.618) and the upper channel trendline. - Sell Trigger: If price shows rejection (bearish candles, wicks, or reversal patterns) within this zone. 🟢 Buy Zone (Long Setup) - 97.50 – 96.50 area is the channel support and also near Fibonacci extension levels. - Buy Trigger: Look for bullish confirmation (bounce, bullish engulfing, or rejection wicks). 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
Bullish reversal at pullback support?The US Dollar Index (DXY) is falling towards the pivot, which acts as a pullback support that aligns with the 50% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 98.01 1st Support: 97.53 1st Resistance: 98.65 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given 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 only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or 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 and 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.
TVC:DXYLong
by ICmarkets
Is the DXY Poised for a Breakout?Analyzing the Bullish PotentialThe DXY (US Dollar Index) appears to be on the verge of a significant upward rally. Last week, I shared my analysis highlighting a potential trigger point for a long entry, which the price subsequently surpassed, confirming the setup. According to the latest COT reports, commercial traders have reached their highest net positions of 2023. Historically, whenever commercials hit new highs, it often signals the beginning of a bullish trend in the DXY. Additionally, we observe that many currencies measured against the dollar have weakened recently, supporting my thesis of a continued upward move for the DXY. Seasonal patterns also point toward a potential bullish phase. Is this the moment for the DXY to initiate a strong bullish trend? Only time will tell, but the technical and fundamental signals are aligning in favor of a possible rally. ✅ Please share your thoughts about Dollar index in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
TVC:DXYLong
by FOREXN1
1
DXY - Dollar Could Rise if Fed's Cook Wins Fight Against Her DiDollar investors would express relief if U.S. courts thwart President Trump's attacks on the Federal Reserve, Commerzbank's Thu Lan Nguyen says in a note. A court on Friday heard Fed Governor Lisa Cook's request for a temporary retraining order to block Trump from removing her from the role. The hearing ended without a ruling. Trump faces the threat of a defeat as it seems questionable whether the grounds for Cook's dismissal are legally valid, Nguyen says. If the Fed's independence holds firm and the court rules against Cook's dismissal, the dollar could rise. "However, the courts' final ruling is still pending. It's "by no means guaranteed" that Trump would accept a ruling against him, she says.
ICEUS:DXYLong
by DynamicCapital-FX
DXY Bullish Structure Outlook – September 2025Description: This chart highlights a bullish idea on the Dollar Index (DXY), with structure and liquidity concepts driving the outlook. Swing Structure: Price formed a major swing low after a clear BOS (break of structure) to the downside. From there, buyers stepped in, creating a new swing high and pushing into an external BOS, confirming higher-timeframe strength. Weak Highs & Liquidity Pools: Multiple weak highs (highlighted in orange) remain unprotected and serve as liquidity targets. These highs are unlikely to hold, suggesting the market will eventually raid them as it seeks upside continuation. Demand Zones & Failed Close: Despite temporary sell-offs, the market failed to close below key support (annotated near 97.80–97.00), showing absorption of selling pressure. Fair Value Gaps (FVGs) also act as areas of re-accumulation where buyers can step back in. Schematic Alignment: The lower schematic illustrates the anticipated accumulation process: a BOS/CHOCH leading into demand mitigation, followed by higher-lows being built and a final expansion phase. This aligns with the live chart, projecting a bullish run once the corrective phase completes. Outlook: As long as price respects the current demand zone, DXY is positioned for continuation to the upside, with liquidity objectives above 99.00 and potentially 100+. A deeper retracement toward 96.00–95.00 would still fit the bullish accumulation model and provide an additional long opportunity.
TVC:DXYLong
by Casper10222
1
DXY Outlook: Volatility Dominates as Fed Uncertainty PersistsDXY Outlook: Volatility Dominates as Fed Uncertainty Persists DXY (US Dollar Index) Analysis Report 🔎 Technical Outlook The index recently moved in a clear upward cycle, followed by a sharp rejection, highlighting the market’s sensitivity to macro shifts. Price action has transitioned into volatile swings, with both bullish and bearish impulses shaping short-term structure. Current momentum shows cyclical corrections within a broader attempt to sustain bullish rhythm, but intraday moves remain reactive to news flows. Market behavior suggests traders are seeking liquidity both sides before choosing a decisive directional move. 🌍 Fundamental Outlook Federal Reserve Policy: Speculation around rate adjustments remains the dominant driver. Softer inflation data has kept expectations for gradual easing alive, while labor market resilience adds uncertainty. Global Risk Sentiment: Dollar demand fluctuates with equity market flows — stronger equities reduce safe-haven demand, while risk-off tones boost USD. Geopolitical Factors: Ongoing tensions in trade and global supply chain disruptions support occasional flight-to-safety flows into the dollar. Comparative Growth: While the US economy shows relative resilience versus peers, diverging central bank policies (ECB, BOJ, BOE) also influence dollar positioning. Investor Behavior: Large funds are rebalancing exposure — maintaining a neutral to cautiously bullish stance on USD until clearer macro signals emerge.
TVC:DXYLong
by XAU_EMPIRE
DXY Analysis: Resistances Holding Strong, Is the Downtrend Back?Today, I want to analyze one of the important indices of the financial markets , the U.S. Dollar Index ( TVC:DXY ), for you, which can be a guide for taking short-long positions in the Forex , Futures , and even Crypto markets. The DXY index fell by about -1.2% after Jerome Powell began talking about the possibility of a rate cut in September , but as the new week began, the DXY index started to rise again. If we look at the DXY Index chart on the 1-hour time frame , we can see that the DXY Index reacted well to the Resistances and started to decline. The Resistances for the DXY Index include: Resistance zone($98.843-$98.575) Monthly Pivot Point 100_SMA(Daily) In terms of Elliott Wave theory , it seems that this increase in the DXY Index over the last two days has been in the form of corrective waves . The structure of the corrective waves is Zigzag Correction(ABC/5-3-5). By breaking the Support lines , we can confirm the end of the corrective waves . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks . I expect the DXY Index to decline to at least the Support zone($97.989-$97.834) AFTER breaking the Support lines . Second Target: $97.650 Third Target: $97.450 Stop Loss(SL): $99.000 Note: With the DXY Index declining, we can expect more hope for a weakening of the U.S Dollar's strength in the major Forex pairs . 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:DXYShort
by pejman_zwin
16
U.S. Dollar Index (DXY) Outlook | Gold (XAU/USD) Correlation📈 U.S. Dollar Index (DXY) at Key Support | 🪙 Gold at Record Highs 🔎 Quick Summary: • DXY holding 97.70 support inside a descending channel. • A rebound could push it back toward 98.25 – 98.50. • Meanwhile, Gold is sitting near $3,600/oz, at all-time highs, fueled by safe-haven demand and central bank buying. • The DXY’s next move will help decide if Gold keeps climbing or pauses. ⸻ 💵 U.S. Dollar Index (DXY) Outlook On the 4H chart, the Dollar Index remains inside a descending channel. It has been forming lower highs and lower lows, yet the 97.70 level has repeatedly held as strong support. • 🔹 Buyers are defending this zone, showing demand. • 🔹 A rebound could take price back to the 98.25 – 98.50 supply zone. • 🔹 A breakout above 98.50 would be significant, opening room toward 99.00+. This makes the 97.70 region a critical turning point for DXY. ⸻ 🪙 Gold (XAU/USD) Context Gold is trading at record highs around $3,600/oz 🚀 — a level never seen before. • 🌍 Central banks continue to accumulate gold aggressively. • 🏦 Expectations of Fed rate cuts reduce the opportunity cost of holding gold. • ⚖️ Persistent economic and geopolitical uncertainty is fueling safe-haven demand. Correlation with DXY: • 📉 If the Dollar rebounds, Gold could slow down or consolidate after its massive rally. • 📈 If the Dollar breaks below support, Gold could see further upside, possibly testing higher targets near $3,700/oz and beyond. ⸻ 📊 Conclusion The Dollar Index is sitting at make-or-break support. A bounce would show Dollar strength and may cool off Gold’s rally. But if DXY weakens further, Gold could extend its surge into new record territory. At this point, Gold remains the undisputed leader in the market, with DXY’s next move likely deciding how fast momentum continues. ⸻ ⚡ Summary in one line: 💵 DXY at critical support — 🪙 Gold shining at record highs, waiting for the Dollar’s next move.
TVC:DXYLong
by KhaleelSuliman
DOLLAR INDEX DOLLAR index at exactly 12;30 gave us a clear sell which gave gold buyers the opportunty to go long from 3475 level to 3530 and extending its gain on daily The US Dollar Index (DXY) is a financial index that measures the value of the United States dollar relative to a basket of six major foreign currencies. It is widely used to gauge the overall strength or weakness of the US dollar in global currency markets. Key Facts About DXY: The index is calculated as a weighted geometric average of the US dollar’s exchange rates with six major currencies: Euro (EUR): 57.6% weight (the largest component) Japanese Yen (JPY): 13.6% weight British Pound (GBP): 11.9% weight Canadian Dollar (CAD): 9.1% weight Swedish Krona (SEK): 4.2% weight Swiss Franc (CHF): 3.6% weight The DXY rises when the US dollar strengthens against these currencies and falls when it weakens. It was created in 1973 following the collapse of the Bretton Woods system to provide a standardized benchmark for the dollar's value. The index is maintained and published by the Intercontinental Exchange (ICE). Why DXY Matters: The DXY is a key indicator for traders, economists, and investors to assess the dollar’s performance globally. It affects pricing in global trade and commodities, which are often denominated in US dollars, such as oil and gold. Movements in the DXY influence monetary policy decisions, financial markets, and global economic dynamics. In essence, the DXY is the benchmark for measuring the US dollar’s strength against a basket of significant global currencies, providing a comprehensive picture of its international value. UNITED STATE ECONOMIC DATA REPORT TODAY. The latest US ISM Manufacturing PMI (Purchasing Managers' Index) is 48.7 for August 2025, slightly below the forecast of 49.0 but above the 48.0 previous A PMI below 50 indicates contraction in the manufacturing sector, so this points to a modest slowing but less severe than expected. The ISM Manufacturing Prices Index stands at 63.7, down from 65.1 forecasted and marginally below the 64.8 previous data . This index measures prices paid by manufacturers for raw materials and inputs, and a reading above 50 signals rising input costs. The current elevated level suggests continued inflationary pressures on manufacturing costs, although slightly easing. Summary: US ISM Manufacturing PMI: 48.7 (contracting modestly, slightly better than forecast) US ISM Manufacturing Prices: 63.7 (input costs rising, but showing some easing) These indicators suggest the US manufacturing sector is experiencing a mild contraction, with inflationary cost pressures moderating somewhat but still elevated. This mixed data can influence Federal Reserve policymaking, signaling slower growth but persistent price pressures. The COMEX gold price today, September 2, 2025, is trading near $3,550 to $3,567 per troy ounce. The gold futures recently surged, hitting new record highs above $3,550, supported by expectations of a Federal Reserve rate cut and ongoing geopolitical uncertainties. Gold has gained over 1% on the day, reflecting strong safe-haven demand amid dollar weakness and inflation concerns. In summary: COMEX Gold price around $3,550 - $3,567 per ounce (September 2, 2025) Recent gains driven by Fed rate cut expectations and geopolitical risks Price at record levels, reflecting strong investor interest #dollar #dxy #gold #xauusd
TVC:DXYLong
by Shavyfxhub
Do you believe that the US dollar will continue to fall or not?Recently, there has been a lot of discussion about the US dollar losing its status as a reserve currency. If you look at the chart of the USD index, you can see that it has decreased from its peak in 2022 (114.77) to its current level (96.37), which is a drop of around 16% over the past two and a half years. From a technical perspective, this drop makes sense, as the dollar's popularity had grown before, and it gained more than 62% between the lows of 2008 and the peaks in 2022. It would be difficult to list all the reasons why this increase occurred, but the main question now is whether the US currency will continue to decline or if it has a chance to recover. Before we answer that, let's first determine which wave the USD index is currently in. Based on my calculations, the growth cycle began at a level of 70.70 in the year 2008. Wave 1 represented an increase from 70.70 to 89.62 and took approximately two years to form. This wave was followed by Wave 2, which almost fully corrected Wave 1. Wave 3 went from 72.69 to 103.82 (and, as expected, the third wave beats on five waves of a lesser order), with Wave 3 representing 1.618% of Wave 1. Wave 4 gave a correction of 50% to the wavelength of Wave 3, in the short term, Wave 4 went beyond the maximum of Wave 1. But this rule makes sense only for non-marginal markets. Futures markets, with their high margins, can lead to short-term price spikes that would not occur in markets without borrowed funds, so an intersection is allowed, which is usually limited to daily or intraday price changes. Wave 4 lasted approximately 4.5 years, after which growth was continued by Wave 5. This raised the US dollar index to a level of 114.77, representing 1.272 percent of Wave 1. Therefore, it took approximately 14 years for the entire index to grow. At the moment, the current growth of 70.70-114.77 has been adjusted by approximately 38.2%, and visually, the ABC structure appears complete. Meanwhile, the US Dollar Index has made a third contact with the support line, which has been in place since April 2011. Based on this, it is likely that we can anticipate some recovery in the position of the US currency. However, there is an important nuance that could overshadow medium-term predictions for the growth of the dollar. Specifically, it relates to the temporary adjustment parameter. As can be seen within the impulse wave, waves 2 and 4 were quite long in time, and therefore, the entire ABC pattern, in my view, occurred too quickly relative to the overall 14-year growth trend. And the following conclusions follow from this: 1) Yes, we can expect a rebound from the long-term upward support, and it is even possible that we will see a move in the US Dollar Index to 105-105.5 or 108, but it is unlikely to be higher. 2) However, it is also worth noting that the US dollar is likely to continue its downward trend for the foreseeable future. Because a 2.5-year pullback is clearly not enough to correct a 14-year growth, temporary movements should also be comparable, and the external zigzag may well become a double or triple zigzag and continue the pullback towards the 50-61.8% Fibonacci level to the growth wave of 70.70-114.77. That is, either towards 92.80-93, or towards 87.60. 3) Recently, analysts at deVere Group, one of the world's largest independent financial advisory and asset management organizations, suggested that the US currency will decline by another 10% over the next 12 months. This forecast is supported by similar predictions from other major financial institutions, which foresee a decline in the US currency due to slower growth, aggressive rate cuts and disruptions to global trade. www.tradingview.com
TVC:DXY
by scavoanastasiia