DXY trade ideas
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
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
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.
DXY Strategy Unlocked — Will Bulls Control the Next Swing?⚡ US Dollar Index (DXY) Swing/Day Trade Setup ⚡
💹 Asset: DXY (US Dollar Index)
📈 Plan: Bullish — Pending Order Strategy
📊 US Dollar Index (DXY) Real-Time Data
Daily Change: +0.55 (+0.56%)
Day's Range: 97.62 – 98.60
52-Week Range: 96.38 – 110.18
🔔 Trade Setup (Thief Plan)
Breakout Entry: 98.800 ⚡ (Set TradingView alarm to catch the move in real time)
Stop Loss: “Thief SL” @ 24,000.0 (only after breakout confirmation).
📝 Adjust your SL based on your strategy & risk appetite, Ladies & Gentlemen (Thief OG’s).
Target: Resistance/overbought zone at 100.20
🎩 Escape target: 100.000 (take profits before market flips).
😰 Fear & Greed Sentiment
Index Level: 64 (Greed)
Market Mood: Moderately greedy, driven by:
📉 Net new 52-week highs vs. lows (bullish)
📊 VIX near averages (neutral)
🛡️ Bonds underperforming stocks (risk-on)
📈 Junk bond demand narrowing spreads (greed signal)
🌍 Fundamental & Macro Score
Fed Rate Cut Probability: 90% (Sept 18 FOMC, 25 bps cut expected)
Key Drivers:
✅ Labor Data: NFP (Sept 5) is crucial for direction.
⚠️ Trade Policy: Court ruled Trump tariffs illegal (appeal pending).
⬇️ Consumer Confidence: Michigan Index at 3-month low (58.2).
⬆️ ISM Manufacturing: Ahead of release, possible USD support.
Safe-Haven Demand: Geopolitical tensions supporting USD.
🐂 Overall Market Outlook Score
Bullish (Long): 60%
Bearish (Short): 40%
Bias: Short-term bullish as long as 97.60 holds.
USD rebound + bond yield strength + equity weakness backing USD.
⚠️ Risk: Break below 97.60 → next target 96.55 (bearish).
💡 Key Takeaways
🎯 NFP Report (Sept 5) = decisive catalyst.
⚖️ Fed debates + trade policy = medium-term uncertainty.
📉 Breakout above 98.80 is the key to bullish continuation.
🔍 Related Markets to Watch
FX:EURUSD
FX:GBPUSD
FX:USDJPY
OANDA:XAUUSD
CAPITALCOM:US30
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
#DXY #USD #DollarIndex #Forex #DayTrading #SwingTrading #BreakoutStrategy #ThiefTrader #TradingSetup
Dollar Index Surges:Bullish Momentum Sparks New OpportunitiesThe DXY Dollar Index Futures kicked off the new week with a strong bullish candle, signaling renewed upward momentum. According to the latest Commitment of Traders (COT) data, non-commercial traders are reducing their bearish bets, indicating a shift in market sentiment. Meanwhile, commercial traders are holding positions at levels not seen since 2021, suggesting confidence in the dollar’s strength. Retail traders, on the other hand, continue to push against the trend, maintaining bearish pressure. Recently, the price retested a key demand zone at the end of last week, which could present a strategic buy opportunity at a discounted level. What are your thoughts on this setup?
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Dollar Index - back to 100Dollar Index headed back to the 100 area.
That's our forecast based on structure analysis.
If you didn't manage to get in yet, that is ok. The first move is never the first easiest setup to take. However, if the move will continue to 100, as we expect, it should at least give us another buy opportunity at the break of the trend. Anyways, the first move is gone now as the price has almost already moved the average amount of pips it usually moves on an average daily impulse.
Probably it will go a bit further to confirm the break today and then start consolidating for the next impulse.
Stay tuned for more updates as we'll try to post the next buy setup before it happens.
DXY Intraday Overview- US Dollar Index (DXY) breached the symmetrical triangle downwards and sustained downwards.
- It indicates that sellers are still strong, hence the structure remains downwards.
🔽 If the immediate support level of 97.80 (fib level 0.786) is broken again, then the price will continue its fall to the next support zone between 97.56 - 97.50
🔼 However, if the price manages to recover and break through the resistance level of 97.90, we can expect a further rise to the level of 98.00.
DXY – Big Week Ahead, Watch These Zones-Dollar still stuck in a range. No need to guess, just watch the heavy levels:
-96.66 = bullish liquidity zone
-99.80 = bearish liquidity zone
-This week is packed with heavy news:
-NFP Friday – jobs report could shake markets hard
-Fed credibility under fire – politics trying to pressure the central bank
-Be careful with dollar pairs — market makers love stop hunts around news.
Best to stay patient → let price show which zone breaks first.
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
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The DXY chart for my EURUSD & EURFUTURES tradeCant see it all but theres a perfectly formed very long leg which is 200 bars long and 1000pips, then a perfectly formed 12hr ascending flag, 3 different trendlines which have even HH HLs on 2 of them, and lastly a 2hr support turned resistance entry at the 12hr flag retest after the breakout.
DXY: Target Is Down! Short!
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 below a key level of 97.275 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
US job numbers this week. Keeping an eye on USD and US indicesWe are keeping a close eye on the US job numbers this week, as those fall into the Fed's spotlight. The expectations are low, so it would be interesting to see if the numbers can get even lower. Let's take a look.
MARKETSCOM:DOLLARINDEX
FX_IDC:EURUSD
Let us know what you think in the comments below.
Thank you.
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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
DXY Forecast: H&S Continuation Pattern?The DXY rebound between July and August has shaped a head and shoulders pattern. The chart is now testing the downside breakout, with the daily RSI turning bearish and slipping below the 50 level. A clean break below the 97.50 support could extend losses toward 97.20 and 96.50, with the full head and shoulders pattern pointing to a potential move down toward the 95.00–94.50 zone.
On the upside, a rebound above the 98.00 level would suggest some bullish recovery. However, a sustained move above 100.20 is needed to confidently shift the outlook toward a longer-term bullish reversal.
Key Events This Week
• ISM PMIs: to clarify US economic activity (Tuesday–Thursday)
• US NFPs and their impact on rate cut expectations and DXY price action (Friday)
• Effects of US trade and legal developments, EU political shifts, and Middle East escalations on risk sentiment
- Razan Hilal, CMT
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.
DXY | 1SPT directional sentiment (SMC)“DXY moving like it just clocked in for a Monday shift 🥱📉… got smacked with that Friday LQC and now stumbling down to 97.100 like it’s chasing a Black Friday discount 🛒. Daily bias still bearish, 4H looking weak, and on the 1H the bulls tryna flex but only after sweeping some liquidity 🐂➡️🚪.
If price taps back into that chef’s POI kitchen 🍳 and fails to hold, the bears finna drag this straight to the basement 📉🐻. Until then, we vibin’ in discount land waiting for confirmation signals. This POI remains the make-or-break zone 🧩 heading into the next sessions.”**