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Global Calm, Fiscal Storm: The Yen's Challenge?The USD/JPY currency pair has recently experienced a notable surge, driving the Japanese Yen to its weakest level against the US Dollar in a month. This appreciation primarily stems from a significant improvement in global risk sentiment, sparked by a breakthrough trade agreement between the United States and China. This deal, aimed at reducing the US trade deficit, has bolstered investor confidence and diminished the traditional safe-haven appeal of the Yen. Adding to the dollar's strength is the Federal Reserve's continued hawkish stance, signaling no immediate plans for interest rate cuts and reinforcing the attractiveness of dollar-denominated assets amidst easing concerns about a US recession. Simultaneously, internal economic pressures in Japan significantly weigh on the Yen. The nation's public debt has reached an unprecedented high, driven by persistent increases in defense spending and social welfare costs due to an aging population. Government subsidies for energy bills and the need to issue more bonds to cover rising expenditures exacerbate this fiscal strain. This challenging domestic backdrop contrasts sharply with the Federal Reserve's position, creating a widening divergence in monetary policy outlooks that favors the US Dollar through yield differentials, despite the Bank of Japan's cautious consideration of future rate adjustments. Furthermore, reducing global geopolitical tensions has contributed to the shift away from safe-haven currencies. Recent ceasefires and prospects for diplomatic talks in key conflict areas have encouraged a "risk-on" environment in financial markets. This increased appetite for riskier assets directly reduces demand for the Japanese Yen, amplifying the impact of fundamental economic factors and monetary policy divergence on the USD/JPY exchange rate. The pair's trajectory remains subject to evolving global dynamics, upcoming economic data releases, and central bank communications.
Long
by UDIS_View
Bearish revrsal off pullback resistance?US Dollar Index (DXY) is rising towards the pivot and could reverse from this level to the 1st support. Pivot: 101.78 1st Support: 98.90 1st Resistance: 103.41 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYShort
by ICmarkets
USDJPY Set to Rise as Support Holds and Dollar Finds TailwindsUSDJPY looks poised for further upside following a period of consolidation and a successful retest of strong support around the 140.50 level. The weekly chart reveals a clear triple bottom pattern, reinforcing the strength of this support zone and suggesting renewed bullish momentum. The US Dollar is starting to regain strength after a period of weakness, supported by improving U.S. economic data, sticky inflation, and a less dovish stance from the Federal Reserve. In contrast, Japan is unlikely to change its ultra-loose monetary policy in the near term, keeping rate differentials wide and favoring a stronger Dollar. With the Bank of Japan expected to hold rates steady for the foreseeable future, capital is likely to continue flowing out of the yen. Carry trade flows remain intact, adding to the upward pressure on USDJPY. Momentum indicators are turning higher, and price action is forming a steady base for another leg up. The market could target the 150 zone in the coming weeks, where the 50-week moving average may act as initial resistance. As long as 140.50 holds, dips could offer attractive buying opportunities. A sustained move above 145.00 could trigger fresh bullish momentum and accelerate gains.
Long
by fwalbaum
Ethereum - Perfect exactly how I thoughtEthereum Stage 1 - Triangle Pattern - Gave perfect breakdown of triangle pattern Stage 2 - Form M Pattern - Have almost completed the selling target Stage 3 - Retesting completed *Current) Stage 4 - Forming inverse cup and handle and inverted head and shoulder pattern Stage 5- in either of the scenario it may come down but if it goes above 2297 expect it to reach 4000/500/7000 in coming days Stage 5.2 - if the retesting is completed and bearish patter is continued expect it to reach to 900 USD For more details ping me GK Trade manthan
COINBASE:ETHUSD
by GKTrademanthan
Why I'm Bullish on the DXY: A Fundamental Approach!Powell continues to take a cautious tone, emphasizing a wait-and-see approach while acknowledging rising inflation risks, which suggests there's no urgency to cut rates. This leans slightly hawkish, especially compared to the market’s more dovish expectations, and could support some near-term Dollar strength. However, a more sustained move in the USD likely hinges on progress in upcoming trade discussions—particularly with China. Today's FOMC outcome is just one part of the broader picture; the next key signal may come with developments in the coming days. For now, the bias remains USD bullish heading into the London session. Technically, the DXY has broken its downtrend, signaling a potential shift in momentum. I’ll be watching for a possible retracement toward the 99.700 area, which could serve as a key support level before any further upside continuation.
TVC:DXYLong
by JoeChampion
4
"DXY is building a textbook bullish flag — here’s exactly where For Traders (technical + confident) DXY bulls gearing up for a double-leg rally” 1. Context & Market Structure: After a sharp impulsive drop (green falling wedge), DXY has begun corrective accumulation in an ascending channel. Current price 99.531 is consolidating inside a broadening bullish flag pattern. Key Zones: Major supply zone: 100.500 – 101.000 (highlighted yellow box) Short-term resistance: 99.700 Short-term support: 98.8Projected Path (2 bullish legs): First push (red path): Minor pullback → break to ~100.100 Second push (blue path): Consolidation → breakout towards 100.500–101.000 (target zone) 00–98.500 Bias: Short-term bullish → Targeting supply zone around 100.5–101.0 Invalidation level: Clear break below 98.500 (would negate bullish setup) > Trade Idea: Buy on dips within the ascending flag, targeting 100.100 and 100.500 Watch reaction near supply zone for possible reversal or continuation
CAPITALCOM:DXY
by Greenfireforex
GBP Steady Near $1.33, BoE Rate Cut ExpectedThe British pound hovered near $1.33 as traders awaited the BoE’s decision, with a 25 bps cut to 4.25% widely expected. Markets are also eyeing new economic forecasts for signals of further easing. While Trump’s tariff plans have stoked global slowdown fears, the UK is less exposed due to a U.S. goods surplus. A fresh trade deal with India, expected to generate £4.8 billion annually by 2040, may also cushion the economy. If GBP/USD breaks above 1.3430, resistance levels come in at 1.3500 and 1.3550. Support lies at 1.3200, followed by 1.3050 and 1.2960.
by ChartMage
What’s America's Real Goal in a Possible India–Pakistan War?We are nearing the end of the petro-dollar era. The power balance of the new world order will be defined not by oil, but by the strategic resources essential for AI, electric vehicles, and cutting-edge technology. Throughout the 20th century, the U.S. maintained its global dominance by controlling access to oil. From the Middle East to Latin America and Africa, wherever oil was found, the U.S. was there. But today, the focus has shifted to rare earth elements, lithium, copper, and other strategic minerals. Trump’s 2025 move to buy Greenland wasn’t a diplomatic joke—it was a signal. Behind-the-scenes deals in Ukraine for rare earth deposits tell the same story: whoever controls these "white gold" assets will lead the tech-driven world. Now enters Pakistan, with mineral-rich lands spanning over 600,000 km², nearly three times the size of the UK. Experts estimate its underground reserves to be worth $8 trillion. In Balochistan's Rekodik field alone, there are 12 million tons of copper and 20 million ounces of gold, with a copper purity of 0.53%, well above global standards. In the north, newly discovered lithium reserves could be a game-changer for the EV revolution. This is no longer just about resources—this is about deciding the future balance of global power.
FX:XAUUSDEducation
by Nurlan_PT
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance. Pivot: 99.61 1st Support: 99.36 1st Resistance: 100.03 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
USD/MXN Mirrors 2017 Reversal; Elliott Wave Pointing Lower Back in 2016–2017, we first saw a very sharp recovery on USD/MXN, but when Trump took office in January 2017, the market reversed strongly lower, falling all the way from 22 to 17.60, lost nearly 20% . That very similar pattern is now becoming visible again with 2024–2025 price action. Last year, after Trump won the US election, we saw significant depreciation of the Mexican peso, but since he has officially taken office in January, we’re seeing a complete reversal—just like in 2017. In fact, the Mexican peso has been gaining nicely over the past few months, likely based on speculation that Trump will find the agreement and trade deals with other countries, particularly related to tariffs. Since no one really benefits from trade wars, it’s not surprising that even Trump’s recent remarks reflect an acknowledgment of the global situation being unsustainable, especially when it comes to CHINA-US trade. With that in mind, markets in general are likely to recover, and we’re already seeing some nice rebounds. And when stocks are in recovery mode, commodity currencies—including the peso—tend to perform well. Looking at USD/MXN specifically, we’re seeing a strong reversal down from February highs, just like in 2017. The current drop hasn't even retraced 38.2% of the 2024 rally yet, which suggests more downside is likely—ideally toward the 19.00 area, maybe even 18.00 by year-end. From an Elliott Wave perspective, it's useful to zoom in on smaller time frames. The structure doesn’t look like completed impulse yet, so technically there can be more weakness coming. Resistance for wave four rally sits around the 19.77–19.84 zone, which aligns with Fibonacci projections for wave four, as well as swing lows from March and April. This area could serve as a nice resistance of the current bounce, especially if the Fed delivers any dovish remarks this week. No rate cuts are expected, but even a hint at future cuts could send the US yields lower, which would weigh on the dollar and support risk assets—meaning commodity currencies could outperform. In that case, USD/MXN could ideally fall back below 19.50. Elliott Wave analysis also helps define clear invalidation levels, very important when it comes to potential trade setups. In this scenario, 20.16 is a key level to watch. A break above it would overlap with the start of the current move and signal that the bears are finished for now, thus I would need to adjust the view accordingly. Grega
Short
by ew-forecast
3
USDJPY Forecast: Haven Appetite Back in SightUSDJPY remains above the 0.618 Fibonacci retracement zone at 139, stemming from the uptrend between January 2023 (127.20) and July 2024 (162.00). However, the pair is currently trading below resistance at 146, steering the trend back toward key support levels at 142 and 139. A decisive break below 139 could expose new 2025 lows near 138.30 and 134.60, both key Fibonacci levels. On the upside, a rebound above 146 may open the way to 149 and 151, testing the grounds for a more sustainable uptrend. Written by Razan Hilal, CMT
by FOREXcom
Dollar Decline Against All Major CurrenciesThe Dollar’s decline didn’t start with the recent ‘Liberation Day’ tariffs. In fact, it has been gradually weakening since the 1970s. More recently, however, the Dollar has lost value against many currencies since January. Why is that? Why have the USD/CHF and USD/SGD strengthened against the US Dollar over the past few decades? One reason is that both countries have managed their money supply with discipline. For example, as of end-2024, Switzerland’s net federal debt stood at 141 billion Swiss franc, their debt to GDP ratio at 17.2%. In contrast, the United States has expanded its national debt at an alarming rate. Some might point out that Japan’s debt-to-GDP ratio is even higher—around 230%. That is why the Japanese Yen has also been in decline for decades. Why does printing more money through QE and increasing the money supply weaken a currency? Just imagine in a close economy with 10 people and 1 central bank. If the central bank printed $100 and distributed equally to the 10, each of them will receive $10 to buy 10 available cheesecakes. But now the central bank decided to print $1,000 and each person will have $100 to buy 10 available cheesecakes. The global economy is not a close, but an open system. When the US and other major economies printed massive amounts of money, they didn’t just inflate their own economies—they exported inflation worldwide. This contributes to rising cost of living not all around the world. In my view, Gold is also a currency pair against the US at the start of 1971. The moment dollar unpeg itself from gold, gold appreciates. With each QE, we can see how the currencies have diluted with gold and inflation appreciating over these years. Why different currencies have started to appreciate against the USD since January this year? We can see all the currencies have either reached its bottomed in January and started moving higher or it formed a reversal pattern like the Aussie dollar and the Dollar Yuan, in this case with this inverted hammer, it is indicating Dollar Yuan to reverse downward, meaning dollar coming off and yuan to appreciate. January was President Trump inauguration and February was when he rolled out tariffs against Canada, Mexico and China, and the market do not like that and has been selling the USD against the rest of the currencies? If US has printed the so much money, but why other than Swiss franc and Singapore Dollar, many other currencies have been depreciating against dollars over the past decades? I’d like to hear your thoughts on this. Euro FX Futures & Options Ticker: 6E Minimum fluctuation: 0.000050 per Euro increment = $6.25 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com Trading the Micro: www.cmegroup.com
CME:6S1!Short
by konhow
DXY (Dollar index) Shorts from 1hr supply zone My general outlook on the DXY this week leans bearish, as I expect price to continue trending lower. I’ve identified a nearby 1H supply zone, where we could see price react and begin pushing lower. There is also a larger supply zone further above, but it’s currently out of reach unless price pulls back significantly. Looking back, the 2-day demand zone I marked over a week ago has played out well, with a strong bullish reaction from that level — price is still rising from that zone. During this move, a new 11H demand zone has formed, which also led to a change of character to the upside. If price revisits that zone, we may see another bullish continuation from there. Key Points: Overall bearish trend expected to continue in the short term. 1H supply zone nearby is a potential trigger point for a sell-off. 2D demand zone previously marked is still holding and influencing price. 11H demand zone has caused a bullish shift and could provide another long opportunity if price returns. P.S. This is my general DXY outlook for the week. I don’t trade the dollar directly, but I use it as a key confluence when analysing and executing trades across other major pairs.
TVC:DXYShort
by Hassan_fx