Dollar Index (DXY): Important Bearish BreakoutThe Dollar Index has fallen below a key daily/intraday support level,
which has now become resistance.
A bearish trend is likely to persist, with the next target set at 98.15.
About U.S. Dollar Index
The U.S. Dollar Index tracks the strength of the dollar against a basket of major currencies. DXY was originally developed by the U.S. Federal Reserve in 1973 to provide an external bilateral trade-weighted average value of the U.S. dollar against global currencies. U.S. Dollar Index goes up when the U.S. dollar gains "strength" (value), compared to other currencies. The following six currencies are used to calculate the index:
Euro (EUR) 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP) 11.9% weight
Canadian dollar (CAD) 9.1% weight
Swedish krona (SEK) 4.2% weight
Swiss franc (CHF) 3.6% weight
Euro (EUR) 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP) 11.9% weight
Canadian dollar (CAD) 9.1% weight
Swedish krona (SEK) 4.2% weight
Swiss franc (CHF) 3.6% weight
Related indices
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US Dollar Index – DXY made only a three-wave rise from the lows, which indicates for a correction within downtrend. So recovery can basically still be a fou
DXY: Trump's Goal is to Devalue the Dollar!!Hey Traders, in tomorrow's trading session we are monitoring DXY for a selling opportunity around 98.300 zone, DXY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 98.300 support and resistance area. On the other hand Trump is looking towards d
US Dollar: Bullish For The Near Term?Welcome back to the Weekly Forex Forecast for the week of Aug 11 - 15th.
In this video, we will analyze the following FX market:
USD Index
The US Dollar has been weakened by bad employment numbers, the expectation for interest rate cuts in the next FED meeting, and inflation sneaking higher. CPI
KOG - DXYDXY
As we can see here we've hit and breached the target level we gave a few weeks ago on the dollar. We're now at a red box level that can cause a temporary tap and bounce unless it's broken, so we'll keep an eye on this.
As always, trade safe.
KOG
DXYDXY looks like we are getting some momentum to the upside short term impulsively or correctively.
Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.
BTC vs DXY: BTC is going for another topAs we can seen from the chart, BITGET:BTCUSDT and TVC:DXY has a reverse correlation. A bottom for DXY means a top for BTC. From 3 Months timeframe perspective, we can see that we are close to the top of Bitcoin, which is potentially happen in the middle of Q4 2025.
DXY ANALYSIS Levels outlined at the start of the week have been reached. Let's see how price reacts here
DXY Just Broke Through the Lock… Where’s the Market Headed Now?🌅 Good Morning, Friends!
A few days ago, I marked 98.950 as a key threshold for the DXY index. As of today, that level has officially been broken—and the bullish momentum we anticipated is now kicking in. 📈
The next target? 101.000.
That said, it’s crucial to remember: DXY is heavily influenced b
DXY 1H Sell AnalysisThe dollar index has induced (IDM) and taken out the buy side liquidity, after that the market rapidly came back in with high volume creating a gap. Now we focus on the Price leg it created which has 1H order block +_ fvg, if/when price pulls back to area (1H OB + fvg) then will have selling or buyi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of U.S. Dollar Index is 98.592 USD — it has risen by 0.09% in the past 24 hours. Track the index more closely on the U.S. Dollar Index chart.
U.S. Dollar Index reached its highest quote on Feb 25, 1985 — 164.720 USD. See more data on the U.S. Dollar Index chart.
The lowest ever quote of U.S. Dollar Index is 70.698 USD. It was reached on Mar 17, 2008. See more data on the U.S. Dollar Index chart.
U.S. Dollar Index value has decreased by −0.04% in the past week, since last month it has shown a 1.04% increase, and over the year it's decreased by −4.42%. Keep track of all changes on the U.S. Dollar Index chart.
U.S. Dollar Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy U.S. Dollar Index futures or funds or invest in its components.