U.S. Dollar Index (DXY) Bearish Setup – Supply Zone Rejection & 🔹 Trend Overview
📊 Overall Trend: Bearish (Downtrend)
📉 Price is forming lower highs and lower lows within a descending channel.
🔻 Recently bounced off a support zone, now heading toward a potential pullback.
🔵 Supply Zone (Resistance Area)
📍 Zone Range: 100.049 – 100.601
🧱 Acts as a resistanc
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DXY Bullish Reversal & Cup FormationThe DXY (US Dollar Index) is exhibiting a strong bullish reversal pattern, with multiple technical signals suggesting upward momentum:
🔍 Technical Analysis Summary:
✅ Support Holding Strong:
Price has respected the horizontal support zone around 98.00–98.50 on multiple occasions (highlighted by or
DXY Bearish Reversal in Play: Eyeing 97.596 Target After ResistaPotential Head and Shoulders or Double Top Formation:
The blue curved line and the shaded “SUPPORT” zone at the top suggest a reversal pattern.
The large blue arrow indicates a bearish projection after failing to break the resistance zone (~99.200).
📊 Key Indicators:
EMAs (Exponential Moving Aver
DXY Technical Outlook – Strong Support Test and Bullish Reversa Chart Summary
The DXY (U.S. Dollar Index) chart illustrates a significant technical structure between strong historical support and resistance zones, with potential for a bullish reversal after a key level retest.
🟢 Key Support Zone: 99.000 – 98.000
📍 Labeled as "STRONG SUPPORT", this zone has hel
Technical Analysis of DXY (US Dollar Index) for the Week of May # Current Price Action and Market Context
Recent Price Movement: As of May 23, 2025, the DXY closed at approximately 99.11, down 0.85% from the previous session's close of 99.96. The index has been trending downward, testing two-week lows near 99.14 after failing to reclaim the 100.50 level.
Beari
US Dollar to bounce? DXY Longs and EU shorts on the table.1. Based on the technical analysis, it seems that the US Dollar will have bounce after all. A quick liquidity purge near the SSL levels might be on the checklist. Nonethless, I'll be looking forward to EU shorts this week.
2. There is also a divergence between EU and GU on HTF. GU has shown liquidi
DXY will go to 88-89 in next 18-24 months before 2026 end , sellHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
DXY Bearish Setup: Sell from Supply Zone to 99.100 TargetTrend: 📉 Bearish Bias
Key Zones & Strategy:
🔶 Supply Zone (Sell Area)
📍 100.584 – 100.906
⚠️ Price may face selling pressure here
🔵 Entry Point:
🎯 100.584 (bottom of supply zone)
🔴 Stop Loss:
❌ 100.906 (just above resistance)
🟢 Target Point:
✅ 99.100
📉 Aligned with lower support line
DXY Weekly analysis (18-05-25 to 24-05-25)📊 Technical Analysis (4H Chart – DXY)
Current Price: ~100.53
Price action shows a rejection from the 100.60–100.80 zone after a minor bullish push. The structure is starting to roll over, and two potential bearish paths are illustrated with arrows heading toward 99.80 and possibly 99.30.
🔍 Key Tech
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
US Dollar Index reached its highest quote on Sep 28, 2022 — 114.687 USD. See more data on the US Dollar Index chart.
The lowest ever quote of US Dollar Index is 70.700 USD. It was reached on Mar 17, 2008. See more data on the US Dollar Index chart.
US 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 US Dollar Index futures or funds or invest in its components.