U.S. Dollar Index Futures (DXY) – 1H Technical AnalysisMarket Structure The DXY is showing a potential bullish reversal structure after the sharp decline from the 101.48 area. Price formed a significant base around 98.685, followed by a sequence of higher lows. The latest move has pushed price back toward the descending trendline, creating a critical decision point. 🔑 Key Levels 🟢 Current Price 99.685 Resistance 99.825 – immediate resistance 100.595 – major resistance / T1 101.070–101.130 – major supply zone / T2 101.480 – previous major swing
In-depth trading ideasDollar Index (DXY) Double Three Rally Likely to Break LowerThe short‑term Elliott Wave view in the Dollar Index (DXY) indicates that the Index is correcting the cycle from the June 24, 2026 high within a double three structure. From the August 20, 2026 low, wave ((w)) concluded at 99.86. The subsequent pullback in wave ((x)) unfolded as a zigzag formation, where wave (a) terminated at 98.83 and wave (b) ended at 99.39. A final decline in wave (c) reached 98.58, completing wave ((x)) at a higher degree. Following this, the Index turned upward in wave ((y
Weekly Rising Wedge On DXYThis looks to be bearish structure. Wanted to check against the community to ask for other opinions. Trend lines are valid. Little more pump before the DXY drops off into the Low 80s? Rsi indicated another pump to the top of the wedge, but I could see it falling through after that. Comment! Not financial Advice. I am a hobbyist.
USD Bulls Case Builds - Though NFP Decides Its FateWith Fed fund futures implying a 54% chance of a September hike, today's NFP report could decide which side of 50% those odds shift by the weekly close. The US dollar has been battered but showing signs of promise around support - so I take a closer look at the dollar index, NFP data and a high-level view of FX majors. MS
DXY — same date, same reversal, two years runningThe Dollar Index has done something specific on the same date, twice running. July 1, 2024 — reversal. July 1, 2025 — reversal. The vertical lines on this chart mark both of those turns. Two data points is a coincidence. But the setup around this year's July 1 is worth noting anyway. The calendar is loaded. Independence Day sits immediately after, compressing trading. NFP and the broader employment picture follow on the other side of the holiday. That's the kind of schedule where positioning ten
$DXY Year long range finally pressing the topBox runs $95.79 to $100.36. Price has broken out the top and is now testing the May 2025 ceiling at $101.57. One level decides this and it's the resistance at $101.57. Daily close above $101.57 on volume opens the measured move. Range height projects a target near $104.94. No close above, and this is just a poke into supply. Fade back below $100.36 puts price back in the box and kills the breakout. Watching this closely. A confirmed dollar breakout is a headwind for the debasement trad
AUD/USD Holds 70c For Now, Key Data AwaitsAUD/USD is called "the battler" with good reason, and it showed resilience last week despite a hawkish Fed meeting, stronger US dollar and less-hawkish than expected RBA. Perhaps it can perform a bounce from 70c this week? But whether it does or how high it can, sits in the hands of AU CPI, employment and household spending alongside US PCE inflation. MS
US DOLLAR INDEX GAP FILLED WAR TRADE IS BACK!Bullish- seems like everytime Oil bounces the US Dollar becomes a safe haven for the war. Therefore because Oil still holding support levels and making new highs I am bullish the dollar. But even if Oil falls that is also bullish the dollar because lower export demand and commodities and dollar have inverse relationship. As I mentioned in last post gaps normally get filled and look what just happened! So therefore the war trade continues for now and the War Trade in my opinion is Buy Oil, Buy
DXY Is Trapped Below Major ResistanceThe US Dollar Index is currently sitting at one of the most important decision zones of the entire year. After reacting aggressively from the weekly demand area between 94.50 and 97.20, price managed to recover short-term momentum, but structurally the market still looks vulnerable. From a technical perspective, DXY continues to respect the descending trendline coming from the April highs. The recent rebound appears corrective rather than impulsive, and price is now approaching a key daily imba
USD $ Has A Decision To Make - More Upside Or A False Breakout🌎SeekingPips🌍 has been bullish the US Dollar for the past few weeks and dip traded to at 97.800 we were buying. However we didn't trade It directly rather we were selling both the GBPUSD and EURUSD. Now we sit down and stalk the neck move. We are waiting to see what happens at an old weekly high. So far looks like it holds BUT YOU must pay attention and be aware of a deeper retracement than it currently has done. [ b]Our current upside target obvious 100 and 100.500 after that. So the
HOW TO TRADE THE GRAND CUP 2 PROP FIRM TOURNAMENT! Hey Traders Happy Saturday just wanted to make a quick video about how we should all enter this tournament. Its a great way to learn about prop firms at the same time you will learn what it takes to trade under pressure. Its free for everyone so I just signed up I think today is last day. This is a futures prop firm trading tournament but you can trade multiple products and even use tradingview for the platform which is great. I will be keeping everyone updated on trading view how the progress
THE US DOLLAR 123 TOP FORMATION CONFIRMED!Bullish- As mentioned in my Monday Morning Market Open Video US Dollar is topping so I think the decline will continue. It has daily close below support at 98.67. This is not a bullish at all but if you are bullish I would wait until a break above resistance at 99.99 before considering buying a pullback. Bearish- Yes 100% bears are in control right now although the FED didn't indicate rate hikes in the future. They said they are going to wait and see on the data. So unless inflation scares
U.S. Dollar Index Future Bullish ButterflyOn the 4H chart, U.S. Dollar Index Futures are approaching a technically important reaction zone after completing a Bullish Butterfly harmonic pattern. The pattern terminates inside a well-defined PRZ (Potential Reversal Zone) around the 97.60–97.25 area, which also overlaps with a prior order block. This confluence makes the current region highly relevant for a possible bullish reaction. After the strong selloff from the recent highs, price has now reached a zone where downside momentum may sta
USD Index - Potential Bearish Reversal Following ABCD Pattern1. Technical Context: The USD Index has rallied for four consecutive sessions, recovering from a prior swing low. This recovery has formed a clear harmonic pattern. 2. Pattern & Fibonacci Analysis: A bullish ABCD pattern is identified on the lower time frame, with its terminal point (D) completing at the exact 0.618 Fibonacci retracement of the preceding down leg. This constitutes a classic pattern completion signal. The subsequent rally from point D is now testing a Fibonacci resist
US Dollar Index – Temporary Relief Before Further Downside?The US Dollar Index continues to trade under structural pressure on the daily chart, following the strong downside impulse that broke November’s value area and pushed price into a key weekly demand zone around 97.90–97.30. After a clear momentum swing lower, the index is now showing early signs of corrective strength, but the broader context continues to favor weakness into year-end. On the technical side, price has reacted from support and is attempting a corrective retracement toward the 98.75
Dollar Index (DXY) Bearish Sequence Targets 97.7The Dollar Index (DXY) has broken decisively below the December 4 low at 98.76, establishing a clear bearish sequence from the November 21 peak. This structural decline favors continued downside momentum. The immediate target is the 100% Fibonacci extension measured from the November 21 peak, which projects toward 97.7. From that peak, wave ((i)) concluded at 99, followed by a corrective rally in wave ((ii)) that terminated at 99.56. The Index then extended lower in wave ((iii)) toward 98.82, wh
DXY EXTREME BEARISH DIVERGENCE > ABOUT TO COME STRAIGHT DOWN!DXY Has been on a tear but I think thats about to end and I think it will end very quickly. There is multiple very strong bearish divergences on the weekly, across multiple indicators showing that a major move down is coming. I think we have reached the top for the DXY for a while and its about to tank. Dont know whats around the corner as far as news but something big is about to come out thats going to kill the DXY. This is not trading or financial advice this is just my opinion. If you a