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J-DXY

DXY: Summer CRASH but here is why it will SKYROCKET after.The U.S. Dollar Index is oversold on both its 1D and 1W technical outlooks but on the 1M it just turned bearish (RSI = 42.641, MACD = 0.810, ADX = 21.680). This is because it crossed under its 1M MA50 for the first time since January 2022. For more than 3 years the 1M MA50 has kept it on the upper side of the 2008 Channel Up but now the time has come for it to aim at its bottom as every time it broke under it, the pattern dropped more and made a bottom a few months later. We anticipate a bottom around July, ideally with the 1M RSI inside our Target Zone, which consists of the last two lows. Then the new bullish wave of the pattern should begin, reaching the January 2025 High by the end of 2026. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
TVC:DXY
by InvestingScope
1
DXY Drops to 3-Year Lows, EURUSD Soars to 1.14With the 3-Day RSI hovering near 2020 highs, the monthly chart shows potential for further upside as EURUSD breaks out of a long-term downtrend channel that began from the 2008 highs. The pair has reached a high of 1.1470, aligning with the 0.272 Fibonacci retracement of the 2008–2022 downtrend. A sustained hold above 1.15 opens the door for further gains toward resistance levels at 1.1730, 1.20, and 1.2350. On the downside, if overbought conditions on lower time frames lead to a pullback below 1.1270, potential support levels to monitor include 1.1140, 1.1070,1.09, and 1.0850, - Razan Hilal, CMT
by FOREXcom
1
USD Breakdown – Trump, Tariffs, and the End of King Dollar?📉 USD Breakdown – Trump, Tariffs, and the End of King Dollar? In my February post, I said: 2025 would be the Year of the Normalized Dollar — where political pressure meets policy hesitation. Now that scenario is unfolding. The dollar is unwinding. The technicals are confirming it. And the macro backdrop? Only intensifying the move. 📊 Chart Breakdown 100.95 — the key mid-level — is now broken That level is resistance Target remains 94.00 — the zone I first called as a bottom back in 2020 From that zone, I called the bull run. Now, we’re completing the circle. The King Dollar move is done. 🌐 Macro Pressure Mounts CPI cooled to 2.4% Trump wants a weaker dollar to push exports Tariffs are back — and escalating The Fed is paused , but still under fire to cut rates Meanwhile: 🇨🇳 China is accumulating gold aggressively 🪙 Gold is at all-time highs 🧠 Bitcoin is rising as the U.S.'s digital hard asset hedge ⚔️ This Isn’t Just a Chart — It’s a Shift What we’re watching is more than a breakdown in DXY. It’s the realignment of monetary confidence: → Gold for protection → Bitcoin for evolution → Dollar for... survival? The breakdown in USD may be normalizing on the surface... But underneath it’s signaling a changing of the guard. One Love, The FXPROFESSOR 💙
TVC:DXYShort
by FX_Professor
13
DXY Breakdown: Bearish Momentum Builds Amid Weak U.S. DataThe U.S. Dollar Index (DXY) is maintaining a clear bearish trajectory, with price action on the H4 chart showing a consistent pattern of lower highs and lower lows inside a descending channel. The technical structure points to continued selling pressure, and recent fundamental developments only reinforce this view. 📰 Key drivers behind the decline: The latest U.S. CPI data came in weaker than expected, signaling easing inflationary pressure and fueling expectations that the Federal Reserve may cut interest rates sooner than anticipated. A slight uptick in jobless claims has raised concerns that the U.S. labor market may be losing momentum. Simultaneously, global players like China and Japan are shifting toward more stable monetary policy, prompting capital flows away from the dollar. 📉 From a technical perspective, DXY has broken below the key 100.817 support zone and is now trading around 99.7. Each attempt at a bullish pullback has been short-lived, with sellers regaining control quickly. The green arrows on the chart indicate potential reaction zones, but the descending channel structure remains firmly intact. Outlook: If the index fails to reclaim the 100.8 – 101.3 resistance area, there’s a high probability of further downside toward the 98.5 – 98.0 support region. In short, DXY is under pressure both technically and fundamentally, which explains the current bullish momentum in EUR/USD, GBP/USD, and especially gold (XAU/USD).
TVC:DXYShort
by Jack97_Trading
Dollar Index Tests Key Demand Zone: What's Next?The Dollar Index is currently testing a major demand zone between 99.50 and 101. This area has marked the end of downward moves and the beginning of dollar rallies five times since early 2023. The recent downward pressure is largely driven by rising expectations of an economic slowdown and a strengthening euro. At this point, several possible scenarios could unfold, depending on how the market reacts to this key support zone: Repeat of the Past: Just like the previous five instances, the Dollar Index rebounds sharply from the zone and starts a strong upward move. Trendline Test: The Dollar Index breaks below this zone and moves toward testing the long-term uptrend line that originated in 2011. Fakeouts and Reversal: The Dollar Index briefly falls below the demand zone, approaches the long-term trendline, and then stages a false recovery above the zone. After trapping both bulls and bears and creating a fake breakout signal, it dips below the trendline before reversing and beginning a new medium-term uptrend that ultimately aligns above the long-term trend. Given the high level of global economic uncertainty and recent sharp reversals in financial markets, the third scenario may carry slightly higher probability. A similar pattern played out in 2017, when both the 200-week moving average and the demand zone were broken. The key difference this time is that TVC:DXY is much closer to the long-term trendline.
TVC:DXY
by ftdsystem
DeGRAM | DXY broke the triangle downwardDXY is in a descending channel under a triangle. The price is moving from the upper boundary of the channel, resistance level and upper trendline, which previously acted as a pullback point. The chart failed to form an ascending structure, but it formed a harmonic pattern and broke down the mirror support level, which now acts as resistance. On the main timeframes, the relative strength index is below 50 points. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYShort
by DeGRAM
1
EURUSDHello Traders! 👋 What are your thoughts on EUR/USD? EUR/USD has broken above the resistance zone and is currently trading above the breakout level. A pullback to the broken level is expected before the next bullish move. Once the pullback is complete, we anticipate a continuation of the uptrend toward the specified target. Holding above the broken resistance would reinforce the bullish outlook. Will EUR/USD maintain momentum after the pullback? Share your views below! Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
8
US DOLLAR at Key Support: Will Price Rebound to 103.000TVC:DXY is currently approaching an important support zone, an area where the price has previously shown bullish reactions. This level aligns closely with the psychological $100 , which tends to have strong market attention. The recent momentum suggests that buyers could step in and drive the price higher. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would increase the probability of a bounce from this level. If I'm right and buyers regain control, the price could move toward the 103.00 level. However, a breakout below this support would invalidate the bullish outlook, potentially leading to more even more downside. This is not financial advice!
TVC:DXYLong
by TrendDiva
26
DeGRAM | DXY seeks to close the gapDXY is in a descending channel between trend lines. The price is moving from the support level, which has already acted as a reversal point twice. During the decline, the chart formed a gap and afterwards formed an inverted hammer and a harmonic pattern. On the 1H Timeframe, the Relative Strength Index is in the oversold zone and indicates bullish convergence. We expect the index to head towards the gap after breaking the 38.2% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
TVC:DXYLong
by DeGRAM
1
DXY Will Move Higher! Long! Take a look at our analysis for DXY. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 102.170. Taking into consideration the structure & trend analysis, I believe that the market will reach 102.904 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
USDCAD → Weak dollar provokes continuation of downtrendFX:USDCAD under the pressure of a weak dollar and downtrend may renew its lows. The fundamental background for the dollar is weak, the market reacts accordingly. The dollar continues to fall - a reaction to the tariff war. Besides, additional pressure is created by the issue of interest rates reduction. The currency pair is under the pressure of the downtrend. After a false resistance breakout, the price is consolidating in the selling zone. The trend change is confirmed by the cascade of resistances. Emphasis on the local range 1.4245 - 1.42018. The price exit from the consolidation will provoke the continuation of the fall Resistance levels: 1.4245, trend boundary Support levels: 1.4202, 1.415 Possible retest of resistance before further decline. But the price exit from the current range and consolidation of the price below 1.4202 - 1.4205 will provoke the growth of sales and further fall to 1.405 (zone of interest). Regards R. Linda!
Short
by RLinda
6
Gold continues to rise and break through!Gold was driven by risk aversion news, and soared more than $100 in a single day yesterday, with a huge positive line on the daily line! At present, it has broken through the 3100 mark. It is difficult for gold to continue to be long and short. The next step is more of a big sweep! At present, the 3100 mark will be the key to the next long and short positions. It is under pressure to continue to be bearish. The key 3055-50 area below is the long breakthrough point, which is also the support area for the two declines in the US market. Once it breaks down, it indicates that the rise started at 2970 yesterday has ended and returned to the short position. If gold breaks upward and stands above the 3100 mark with the help of news, the long position will gradually rise to 3115-20 and 3135-40 (last Friday's high point) and even test the historical high of 3167 to build a daily double top! Intraday operation: The 3100 mark is used as a long-short boundary. If it breaks through, you can consider short-term long positions. After pulling up, refer to the above target position, which is also a resistance position, and arrange short positions again.
TVC:GOLDLong
by AIan_Gold
1
Short XAU (Gold) Gold Futures are showing a very clean impulsive move through Elliot Wave TA. You can see the running flat on the 2nd wave leading to a very strong move on the Wave 3 major move. The Wave 5 is shorter than the Wave 3 to confirm the possible completion of this 5 Wave move up. A weaker DXY (USD) is throwing an obstacle to this beautiful setup. Let's see some stability to the bonds market which should lead to stability in the equities market. This should help propel traders taking profits on this Gold rush.
BIST:XAUUSD1!Short
by LeroyJenkins13
1
NZDUSD - Golden Opportunity Alert This pair has been consistently breaking lows for a while — but things just got interesting. It’s now sitting at a key yearly support level, and we're still firmly within a large bullish range. 📈 Translation? Now is the time to buy. This setup is looking like a textbook bounce opportunity. Not only is this one of the cheapest dollar pairs available right now, but with the dollar continuing its broader decline, this could be the best pair to capitalize on in the current market. ⚡ Don’t sleep on this move. Timing is everything. Let me know what you think — and if this breakdown helped you, drop a comment or share it with someone who needs to see it!
Long
by omz_zz
Possible Battle Between USDJPY Bulls and Bears at TrendlineUSDJPY is currently testing its weekly trendline, but recent data from Japan may challenge the possibility of a downward break. Market turmoil has increased demand for long-term U.S. bonds, and the resulting drop in the TVC:US10Y has kept the TVC:DXY under pressure, conditions that have supported Yen bulls. However, the latest wage data out of Japan may shift the short-term outlook just as the trendline is being tested. Base full-time wage growth dropped to 1.9% year-over-year, down from 3%. This slowdown may give the Bank of Japan more justification to hold rates steady at its next meeting. If tariff-related panic subsides with any calming news from the White House, USDJPY could see renewed upside potential. In the short term, two resistance levels are crucial: 146.50 and 147.50. The battle between bulls and bears is likely to play out between these resistance levels and the weekly trendline near 145.
by ftdsystem