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
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
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
(DXY) Short Setup: Reversal Expected from Resistance Zone1. Entry Point: ~102.430
The price is currently below this level at 101.583, suggesting a potential short setup once the entry level is reached or confirmed.
2. Stop Loss: ~103.196
This is the price level where losses are limited if the trade moves against the intended direction. It's placed ab
Weekly plan for DXYNotes
1. DXY can push higher if it is trading above 100.157 and protecting the FVG at 99.972 and a day
close above 100.700 will gave more confirmations to the uptrend
2. Upside target can be 100.913 & 101.267
3. If it fails to trade above 100.157 and protecting the FVG at 99.972 a price drop
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.
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Frequently Asked Questions
The current value of U.S. Dollar Index is 98.964 USD — it has fallen by −0.26% 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 −0.46% in the past week, since last month it has shown a −1.68% decrease, and over the year it's decreased by −4.93%. 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.