DXY Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring DXY for a buying opportunity around 108.300 zone, DXY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 108.300 support and resistance area. Trade safe, Joe.Longby JoeChampion5512
DXY Dollar Index Notice The Engulfing bar at TopDXY Dollar Index Notice The Engulfing Bar at the Top. All timeframes look bullish on the dollar. being an uptrend most trader ignoring the bearish engulfing. Shortby Roop_Trading_Academy8827
DeGRAM | DXY back into the ascending channelThe DXY is in an ascending channel between the trend lines. The price has reached the expansion level. We expect a local correction in the channel for further strengthening of the dollar. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAMUpdated 667
2025 Outlook : DXYThe U.S. Dollar Index (DXY), which measures the dollar's value against a basket of major currencies, has shown notable strength in the last quarter of 2024. This trend is influenced by several key factors: 1) Federal Reserve Policy and Inflation Concerns The Federal Reserve's renewed cautious approach to interest rate cuts has been pivotal in supporting the dollar's value. Concerns about inflation, potentially exacerbated by anticipated fiscal policies under President Donald Trump's administration, further contribute to this cautious monetary approach. The Fed's reluctance to reduce rates aggressively may continue to bolster the DXY. 2) Economic Performance and Trade Policies The U.S. economy's robust performance, coupled with expectations of new tariffs and tax reforms under the Trump administration, is anticipated to sustain the dollar's strength. However, these policies may lead to increased inflationary pressures, influencing the Fed's monetary decisions and, consequently, the DXY's trajectory. 3) Global Economic Comparisons Comparatively weaker economic growth in regions like Europe and Japan, where central banks maintain dovish policies, enhances the dollar's appeal. This divergence in economic performance and monetary policy stances contributes to the DXY's bullish outlook. Projections for the DXY in 2025 may vary. A rise to around the 115 level (2022 high), driven by the factors mentioned above, seems very likely. Additionally, based on the Fibonacci Extension, the DXY could possibly reach a high of 124.50 in the long-term. However, fluctuations are anticipated at those historic high levels, with some significant declines. While the current outlook for the DXY appears bullish, it's essential to consider potential risks, including: - Trade Policies: The implementation of new tariffs could introduce uncertainties affecting the dollar's value. - Global Economic Conditions: Improvements in other economies or shifts in their monetary policies could influence the DXY's trajectory. - Domestic Economic Indicators: Factors such as the U.S. budget deficit and overall economic health will play significant roles in shaping the dollar's strength. Longby JinDao_Tai2244
Bearish drop?US Dollar Index (DXY) has reacted off the pivot and could drop to the 38.2% Fibonacci support. Pivot: 109.64 1st Support: 108 1st Resistance: 110.93 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.Shortby ICmarkets1115
Daily CLS, Key Level Daily OB , Model 1Daily CLS, Key Level Daily OB , Model 1 you are welcome to comment with your thoughts and share your charts or questions below, I like any constructive discussion. What is CLS? This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets. CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing. Good luck and I hope this educational post helps to become better trader “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-HunterUpdated 224
DXY Bearish PatternHere is DXY Pattern Looking as Bearish Setup Guys Based on the market Condition We expected Price will Fall in some points. The price will Test the Resistance level But after price Reject and Moving to Out Support. Key Points Resistance Zone 109.00 1st Support Zone 108.00 2nd Support Zone 107.00 You can see more Details in the chart PS Support with like and Comments for more insights.Shortby Sense_TradingUpdated 2220
Pattern suggests tough sledding for USDHere's a look at the strength of the U.S. Dollar over the last 3+ decades. I'm not here to talk about politics, nor am I interested in discussing the effects of economic policy on the value of the U.S. Dollar. Frankly, I don't really care. What I am interested in are patterns, and I think this one is interesting enough to share. Sure, this time around could be different, but I certainly wouldn't bet on it. Shortby reees13
THE US DOLLAR (DXY) // primary long expansionThe last impulse, that is visible even on the weekly chart, broke the weekly structure. The emerging countertrend only came back to 23.6, but tested the weekly (and H4) breakout, and turned up in the direction of the primary trend. This is the expansion phase with a target of 109.00, and it is valid until the structure breaks on H4. ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼♂️ Your comments and support are appreciated! 👊🏼 Longby TheMarketFlowUpdated 222
DeGRAM | DXY testing the resistanceThe DXY is in an ascending channel between the trend lines. The price is moving from the dynamic resistance. The chart has formed a harmonic pattern and is now testing the resistance level, but has not yet consolidated above it. We expect a decline after a successful consolidation under the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAM1111
The DXY is currently in a critical position appears to be forming a harmonic pattern. Based on AB = 50% and BC = 161.8%, we expect the DXY to reach the D Point, where a significant reversal or continuation of the trend could occur. AB Leg: The DXY retraced 50% Fibonacci retracement, confirming a solid start to the harmonic structure. BC Leg: The second move (BC) extended to 161.8% Fibonacci extension, which is a key level for harmonic confirmation. DC Leg: We are now waiting for the price to reach D Point, likely around a Fibonacci retracement level such as 78.6% of XA. Once it hits that level, we can expect a strong reversal or a continuation of the trend depending on the market behavior. What to Expect? If the DXY respects the D Point, we could see a major reversal (USD either gaining strength or weakening, depending on the direction). If the DXY breaks above D Point, the harmonic pattern will fail, and the trend could continue in its current direction. Where to Watch for Risks: Look for confirmation signals like divergences or candlestick patterns at the D Point to avoid entering a failed trade. The DXY is currently in a critical zone, so wait for confirmation before taking action. Be cautious of a breakout above the PRZ (Potential Reversal Zone)!Shortby professionalgoldtrader8
DollarDXY - U.S Dollar Index Completed " 12345 " Impulsive Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Change of Characteristicsby ForexDetective10
DXY Is Going Down! Sell! Take a look at our analysis for DXY. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 108.155. The above observations make me that the market will inevitably achieve 107.189 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProvider119
DXY: Ascending Triangle topping soon. Excellent sell opportunityThe U.S. Dollar Index is on a steady bullish 1D technical outlook (RSI = 60.447, MACD = 0.640, ADX = 33.835) as with the exception of November's last week, it has been rising nonstop since September 30th 2024. The price is near the HH Zone of the Ascending Triangle, the 1W RSI has double topped and we are, or getting close to, the new long term top. Technically the 1W RSI is already similar to the October 9th 2023 top. The risk now is lower in going short. Aim for the 1W MA200 (TP = 103.000), which was the level that offered the late September support. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Shortby InvestingScope8
It precious metals oil dxy1.3.25 I find it helpful the categorize the market in ways that are more specific than trending or ranging. there are intermediate patterns that can give you solid information including what reasonable targets you can use before you actually start the trade. near the end of the video I stumbled on the silver market which actually triggered long and short trades with relatively small risk....... and one reason you could think as a stop in Reverse traitor in that market because it characteristically has higher volatility than most markets it because 1 point is 1000 of dollars. so if you like action and you don't mind spending more time in front of the screen you can get that from Silver. I am not recommending silver because it doesn't take too many mistakes to lose a lot of capital. in fact gold is not a trade to start out with for the same reasons but I think there is a smaller contract and I know there is a smaller contract for oil which I think is a great Market... so if you start out with oil make sure it's the qm I think.... the smaller contract... half the return but half the risk. always be risk adverse. I spent more time than I should have over 30 minutes for sure... I'm sorry about that, but there are some subtleties to patterns that that are not really that subtle when you look at them with a Discerning Eye. it is possible that the oil will trade higher from its current price and then I would add another range box above the current range box... I did not get to talk about that on this video. on the other hand while I am generally bullish on the precious metals, my gut feeling on gold is that it's going to range for a while until something happens that changes my mind... and that would influence the way I would trade that market.Education43:36by ScottBogatin6
DXYUSD Bearish SignalDXY had experienced an unnatural pump against risk and competition currencies, elation that will no doubt come to an abrupt end soon as my charts do not lie. What would typically be viewed as a large bull flay is indeed a failed auction. This signifies a major upcoming crash of the USDX as inflation has been out of control and the fed has failed to control it. Spending is up and while unemployment remains high the job market and industry remains strong as US GDP outputs remain very high. This could reverse in the summer but at this time price action is toppish and I call a negative reversal to the downside targeting sub $100 ranges.Shortby fritbjorn6
Dxy dollar will be Bullish for next years ICT , Time and Price Theory !!! Longby AlgoTrading-Kavannasri5
DXY ALERT: BIG PULLBACK IMMINENT!DXY ALERT: BIG PULLBACK IMMINENT! Waiting for: Previous month high sweep Confirmation for LONG-TERM SELL GET READY FOR BIG PROFITS! Time to enter the market for LONG-TERM gains! Shortby twb11222212
DXY weekly moveDXY candle has confirmed a short on the weekly. However there is a strong retrace after the break of structure. I am expecting a double top before it falls.by Chathifriends3
Levels discussed on livestream 6th Jan 20256th January 2025 DXY: Consolidating along 108.90, could test 108.50 (61.8%) before trading higher again to 109 round number (below 108.50 could test bottom of channel) NZDUSD: Sell 0.5575 SL 30 TP 60 AUDUSD: Sell 0.6265 SL 30 TP 60 GBPUSD: Wait for reaction at 1.25 round number resistance level EURUSD: Look for rejection of 1.04, Sell 1.0315 SL 30 TP 90 USDJPY: Sell 157.65 SL 50 TP 150 EURJPY: Buy 163.55 SL 40 TP 120 GBPJPY: Sell 196.40 SL 50 TP 150 USDCHF: Look for reaction at bottom of channel 0.9060 or support level 0.9020 USDCAD: Ranging between 1.4335 and 1.4465 XAUUSD: Break 2624 to trade down to 2610 (bullish trendline)by JinDao_Tai7
DXY (U.S. DOLLAR INDEX) | 1 DAY | UP AFTER THE PULLBACKHi there, dear friends, I’m sharing my analysis of the U.S. Dollar Index - ( TVC:DXY ) with you. Key points have been carefully highlighted on the chart. Right now, we’re seeing a pullback, but I’m anticipating an upward movement following this phase. If you’d like to see more analysis like this, don’t forget to hit the like button.🚀 Thanks a lot 🙏🏻Longby TraderTilkiUpdated 5
DXY ELLIOTT WAVE ANALYSIS: 07 JAN, 2024 - BEARISH©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. Wave B-grey has just completed a corrective wave labeled ((a))((b))((c))-navy and wave ((c))-navy has completed a full five-waves in a Zigzag (5-3-5) pattern, so wave C-grey could be back to push lower. But it is too early to conclude such a major bearish trend. On the other hand, the shorter-term outlook suggests we may head down to the 105.420 area, while price must remain below 109.533 to maintain this view.Shortby ShaneHua6
DXY Continues bullish momentum from 108.600For the DXY, I anticipate a corrective move, as the price has recently broken structure to the upside. This break has created new demand zones, which we can expect to act as strong support, allowing bullish momentum to continue. This week, my focus will be on the 8-hour demand zone around 108.600. If the price mitigates this zone, I’ll look for lower time-frame confirmation to enter a trade. My target will be the 8-hour supply zone above, where I anticipate some bearish pressure may emerge. However, if the price moves lower and breaches the 8-hour demand zone, I’ll shift my attention to the extreme 5-hour demand zone for a potential buying opportunity, aligning with the overall bullish trend. Let’s stay sharp and make the most of this week. Let’s crush Q1!Longby Hassan_fx5