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DXY 7mo rounding bottom -- more gains likelyEarly 2025 saw a nasty TVC:DXY drawdown; one of the worst starts for the Dollar against foreign currencies in decades. Despite bearish calls for the Dollar to drop significantly further it's been consolidating at the bottom of a long standing 19 year upward trend channel. On the daily chart featured above, there's now a clear rounding bottom on TVC:DXY over the past 7+ months, with a clear, sharp uptrend in momentum right along the way. The risk is to the upside imo.
TVC:DXYLong
by quickshiftinn
DXY This Week: Sell First, Buy Later? My Short-Term PlaybookIn today’s breakdown, I’m looking at the DXY (Dollar Index) and why this week may set up as a short-term sell before a potential buy opportunity. We’ll look at structure, key levels, market sentiment, and what confirmations I’m watching before entering any trades. 🟢 Short-term bearish setups 🔵 Potential reversal zones for buys 📊 Key levels to watch this week ⚡ How I plan to react as price develops Drop your analysis in the comments—let’s see how this plays out together. Don’t forget to like & subscribe if you’re tracking the markets with me each week!
CAPITALCOM:DXYShort
by LesJack
DXY Market NoteThe U.S. Dollar Index (DXY) is consolidating within a narrow range of 100.00–100.40, a level worth monitoring for directional clarity. At the same time, price is sitting just below a previous daily order block (OB), which acts as a supply zone. This area could cap further upside in the short term unless buyers show strong momentum to break through. Key scenarios to watch: Bullish breakout above 100.40 → signals continuation higher, but must overcome supply from the daily OB. Failure to hold 100.00 → opens risk of deeper retracement toward lower support zones. Rejection at the daily OB → could reinforce range-bound behaviour or trigger a pullback. In summary, DXY is at a pivotal point: the weekly chart hints at strength, but the nearby daily supply zone demands caution. Waiting for confirmation, either a clean breakout or rejection will provide clearer direction. ⚠️ Disclaimer ⚠️This journal entry is for educational and documentation purposes only. It does not constitute financial advice or a recommendation to trade. All trading involves risk, and past performance does not guarantee future results. Always conduct your own analysis and consult with a licensed financial professional before making trading decisions.
TVC:DXY
by Phoenix-Rise-Trade
DXY Coils Above 100 – Build-Up Before the Breakout?1. Recap of Recent Analysis In my last DXY update, I highlighted the 100.00 zone as both a major psychological resistance and my initial upside target for the entire rise from 99. Price reached that zone perfectly. Since then, the index has been consolidating, but not in a weak way — the structure looks tight, controlled, and directional, not corrective or exhausted. 2. Current Market Context – Sideways, But With a Bullish Tilt What stands out in this consolidation is: - DXY is not rejecting 100 zone aggressively. - Candles are small but. - Sellers are not showing real control. This type of behavior suggests a market that is building energy, not one that is rolling over. The sideways action appears more like a pause before a breakout, not the start of a larger correction. 3. Technical Outlook – Trend is Up Since Mid-September The broader structure is clear: - DXY has been in an uptrend since mid-September. Based on the trend, structure, and consolidation behaviour, the probability favors upside continuation. Next technical target: ➡️ 102.00 zone This level stands out as the next meaningful resistance and a natural extension of the current rally. 4. Trading Plan – Follow the Trend, Don’t Fight It My approach remains simple: Bullish outlook stays active as long as DXY holds above 99.20. I expect a break above resistance soon, especially if volatility picks up. First major target: 102. Only if DXY fails dramatically at 100 with strong rejections would I consider a short-term bearish adjustment — not the case right now. 5. Conclusion – The Dollar Looks Ready for the Next Push The index is coiling at resistance, but the structure favors buyers, not sellers. Given the steady uptrend since September and the controlled consolidation just above 100, the most probable scenario remains an upside continuation toward 102. 💵📈
TVC:DXYLong
by Mihai_Iacob
Bullish continuation setup?US Dollar Index (DXY) could fall to the pivot which acts as a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce to the 1st resistance, which is a multi-swing high resitance. Pivot: 99.80 1st Support: 99.53 1st Resistance: 100.35 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.
TVC:DXYLong
by IC Markets
USD Cup and Handle x2The 100-100.22 zone in DXY is a familiar one... The latter price set the low in Q3 last year, just before the USD reversal took over, and it was back in-play as the high in August 1st of this year. More recently, that price has held the highs earlier in November and then for the past few trading days and as yet, sellers haven't been able to take over. The door is open for bullish breakouts in DXY and the big component of that is the 1.1500 handle in EUR/USD. If the Euro can finally get below that psychological level, the door is open for USD breaks. The challenge then becomes the Yen, as a push up to or at least close to the 160.00 level in USD/JPY will probably elicit another intervention threat from the MoF. Shorter-term, there's another cup and handle that's built from those recurrent resistance tests at 100.22. - js
TVC:DXY
by FOREX.com
US Dollar at Pivotal Resistance as Rate Cut Odds RiseThe US Dollar is trading at pivotal resistance into the start of the week at 100.15/35- a region defined by the 2024 swing low, the August high, the November high and the 2024 low close. The index has been testing this threshold for the past four days and the immediate advance may be vulnerable while below. Monthly open support rests at 99.75 with near-term bullish invalidation set to the November low-day close (LDC) at 99.23. A topside breach / daily close above this threshold exposes the 101-handle backed by the 1.618% extension of the September advance at 101.32. Bottom line: The Dollar index is testing a major pivot zone and while the outlook remains constructive, the bulls may be vulnerable here near-term. From a trading standpoint, losses would need to be limited to 99.23 IF price is heading higher on this stretch with a close above 100.35 needed to mark uptrend resumption. Keep in mind we get the release of Retail Sales data tomorrow -MB
TVC:DXY
by FOREX.com
DXY Tests Key Resistance Amid Improving MomentumThe U.S. Dollar Index (DXY) is testing a significant resistance zone around 100.30 after a steady climb from its October lows. Price has reclaimed the 50-day simple moving average (SMA) and is now approaching the 200-day SMA near 99.85, a level that has acted as dynamic resistance for most of the year. The RSI currently reads around 64, indicating improving bullish momentum but not yet overbought territory. The MACD histogram remains slightly positive, with the signal and MACD lines close to crossing, suggesting continued short-term strength but the potential for consolidation near resistance. If price sustains above the 100.00–100.30 region, it would mark the first notable break above the 200-day SMA since early 2024 — a potentially constructive technical shift. However, repeated rejections from this level could keep the broader structure range-bound between 96.40 and 102.00. Overall, the chart shows improving momentum within a long-term neutral framework. Confirmation above the 200-day SMA would be required to validate a sustained bullish bias. -MW
TVC:DXY
by FOREX.com
FractalCycles at Work: Analysis of the U.S. Dollar Index (DXY)This chart highlights the dominant 62-period cycle currently steering short-term swings in the U.S. Dollar Index. Price has been respecting the rhythm of this cycle, with recent highs and lows forming close to the projected turning points. At the moment, DXY is trading near a potential cycle peak, and with the next downward phase approaching, the probability of a short-term pullback increases. Momentum indicators are also softening, offering further confirmation of cycle pressure beginning to turn. Takeaway: The 62-period cycle continues to provide reliable structure for timing DXY’s shorter-term movements. If the pattern persists, traders should be prepared for a potential downswing as the next cycle trough unfolds.
TVC:DXYShort
by Kenayi
1
DXY Bullish Continuation -Buy Zone & Breakout PlanDXY is still holding its bullish structure moving inside the rising channel and currently ranging just under the weak high near 100.50. As long as price stays above the 100.00 support zone this consolidation looks like a pause before another push up toward 100.80–101.00. A deeper dip inside the range is possible but overall momentum remains bullish unless price breaks below the channel support. Fundamentally the dollar is supported by recent mixed but stable US data, NFP remaining solid-unemployment slightly higher and wage growth cooling moderately combined with a Federal Reserve stance that is not ready for quick rate cuts. This keeps short-term USD sentiment mildly positive. Risk off flows and steady Treasury yields also help maintain dollar strength. Overall, both technical structure and fundamentals support a bullish continuation after the current range completes its liquidity grab. Buy Zone: The ideal buy zone is 99.95 – 100.05 which aligns with the lower boundary of the consolidation range, the mid-channel support and the previous demand area. This is where price is expected to dip, grab liquidity and form a bullish reaction. Buy Trigger Area: The buy trigger is a bullish rejection or bullish candle close from 100.00 or a break and retest of 100.20–100.25 from inside the range. A clean bounce from the lower range or a retest reclaim signals the continuation toward 100.50 and then 100.80. 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:DXYLong
by SibiSh