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DXY AnalysisBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
TVC:DXYLong
by ShahedZare
GBPUSD|Important areas for entering a sales positionHello friends, I hope you are doing well. We have a 4-hour time frame on the radar chart. After its upward trend, it was in a neutral trend for a few days. This range and the support area that had prevented the price from falling many times have broken down. Currently, by hitting the 4-hour demand area, it has moved upwards again, but because the general view is bearish and selling positions have a higher winning percentage. Valid supply areas are marked on the chart. When the price reaches these ranges, you can enter the position by seeing the candlestick patterns and price patterns in smaller time frames.
Short
by Golden_Star1994
USD - FULL ANALYSIS [ICT Concepts]In the video I go through the timeframes in a top-down analysis, starting all the way from the yearly timeframe, down to the hourly timeframes. I share my thoughts on what I am looking for in order to build a bias for taking new trades. The key indicator for me is the creation of new Fair Value Gaps (FVGs) and the disrespect of previous Fair Value Gaps. Occasionally, I add the confluence of Order Blocks and Breaker Blocks. Hope this is insightful. - R2F
TVC:DXY
by Road_2_Funded
Non-farm payrolls surpriseThe US reported a gain of 353K jobs in January, nearly double the expectations of 180K. On top of upward revisions worth 126K. Wages rose by 0.6%, double the expectations, and YoY they are up 4.5%, smashing estimates of 4.1%. Excellent data meant a straightforward reaction, with minimal reversals and an ongoing extension. The US Dollar is up, Gold is down, and stocks are also down, on fears of higher rates, while ignoring the good news for the economy. I expect the Dollar to remain on the rise for the remainder of the day. Any corrections will have to wait for Monday. Nevertheless, the odds of a rate cut in March are down, and only a dive in inflation could change that notion. In the meantime, the trend is clear.
OANDA:XAUUSDShort
by dc_analytics
FED Press Conference SummaryThe FED left rates unchanged as expected and removed language talking about potentially raising rates – also fully expected. The hawkish twist came from a comment on waiting to be more confident about falling inflation. That sent the USD up, risk assets down. Then came Powell with a dovish comment – he signaled the Fed only needs a continuation of data, not another big fall in inflation. That sent the US Dollar down. He then made a blunt hawkish twist – saying a March rate cut is unlikely, and not the base case. That triggered a wild reaction in favor of the Greenback and against everything else. He then calmed down by saying it all depends on the economy – data-dependent. All in all, the USD ends the day higher, stocks lower, Gold lower. But, it's not over. I still expect markets to look at the data, and if it shows a continuation of slowing inflation a cooling labor market – Nonfarm Payrolls are coming on Friday – everything will change.
OANDA:XAUUSDShort
by dc_analytics
The DXY Anomaly: Interpreting the Incoming CorrectionThis week's focus is on the potential for a minor retracement in the DXY (U.S. Dollar Index), highlighted by a noticeable bearish divergence when compared with the 10-year Treasury yield and the 10-year T-Note futures. This divergence is particularly significant as it suggests a weakening momentum in the dollar's recent uptrend. While both the 10-year Treasury yield and the 10-year T-Note futures have succeeded in setting new highs, the DXY has not followed suit, failing to create a higher high. This disparity indicates that the upward movement in the 10-year Treasury yield and the 10-year T-Note futures could be attributed more to a liquidity-driven event rather than a fundamental change in market sentiment towards the dollar. As a result, we can anticipate possible bearish movements in forex pairs where the dollar is the base currency in the coming week. Conversely, in pairs where the dollar is the quote currency, there could be bullish movements. However, it is important to note that these expectations are also contingent on the performance and dynamics of the counterpart currencies in these pairs. Traders should monitor the DXY for early signs of a reversal and adjust their positions accordingly, keeping in mind the broader implications of a weakening dollar on various currency pairs. As always, a comprehensive approach that considers global economic news and geopolitical developments will be essential in navigating the forex market during this period of potential dollar retracement.
TVC:DXYShort
by Wiiso