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DXY

XAUUSD - Is Gold Going Down?!Gold is trading in its descending channel on the four-hour timeframe, between the EMA200 and EMA50. A downward correction in gold will open up buying opportunities from the demand areas. Investors in the precious metals market witnessed another week of gold’s strong performance. Although overall optimism about a potential reduction in trade tariffs slightly slowed gold’s momentum, robust demand from Asia and other global regions provided solid support, preventing any major market correction. At the beginning of the week, gold prices fell by over 1% on Monday as news of a trade agreement between the U.S. and China prompted investors to shift toward riskier assets. This drop occurred alongside easing geopolitical tensions between India and Pakistan, which also contributed to a calmer market atmosphere. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamison Greer announced that the two nations had reached an agreement during negotiations in Geneva, Switzerland. The deal, which is expected to be released as a joint statement, signals a reduction in trade tensions that had escalated in recent weeks with tariffs reaching as high as 145% on Chinese imports. As part of the agreement, the U.S. and China plan to establish a joint economic and trade consultation mechanism to continue discussions on tariffs. President Donald Trump hinted last week at a potential reduction in tariffs to 80%, although the official details of the deal have yet to be disclosed. Adam Button, Chief Currency Strategist at Forexlive.com, commented that in the current market environment, it is difficult not to be bullish on gold. However, he warned that any de-escalation in U.S.-China tensions could dampen the strength of gold’s rally. He added, “Even though a 50% reduction in tariffs wouldn’t be the final chapter, if implemented, it would represent fairly rapid progress and a positive sign for both parties.” In addition to trade developments, the easing of tensions in Kashmir and a ceasefire agreement between India and Pakistan have also reduced demand for safe-haven assets like gold. The ceasefire, brokered by the United States, remained largely intact over the weekend. Adrian Day, CEO of Adrian Day Asset Management, stated that his outlook on gold remains unchanged. He explained, “Rising concerns over a potential U.S. recession, coupled with cautious optimism about easing trade tensions—especially between Washington and Beijing—could exert pressure on gold. However, gold’s notable resilience against price declines indicates underlying demand that has not yet fully entered the market.” Meanwhile, Darin Newsom, Senior Market Analyst at Barchart.com, firmly maintained a bullish view on precious metals. He said, “If I had to write one analytical sentence on the market board, it would be: Precious metals must rally. I emphasize ‘must’ because nothing is certain in the markets. My bearish call last week was wrong, and it’s clear that technical analysis has become almost obsolete—especially in today’s world where algorithm-driven trading dominates.” After a week largely influenced by the Federal Reserve’s meeting and tariff-related headlines, market focus now shifts to a data-heavy week featuring a broad range of U.S. economic indicators. The action kicks off Tuesday with the release of the April Consumer Price Index (CPI), a report that could offer insights into whether the Fed might cut interest rates in its June meeting. The real highlight, however, is expected on Thursday, when key reports are scheduled to be published, including the Producer Price Index (PPI), retail sales figures, jobless claims data, and two major regional indices—the Philadelphia Fed manufacturing survey and the Empire State manufacturing index. Amidst this flood of information, Fed Chair Jerome Powell is also set to deliver a speech in Washington, which could serve as a major catalyst for market movement. To wrap up the week, markets await Friday’s release of the preliminary University of Michigan Consumer Sentiment Index for May—a report often viewed as a psychological gauge of American consumer behavior.
FOREXCOM:XAUUSDShort
by Ali_PSND
DXY Has More To The UpsideDXY is right now in what I believe to be a 4th wave correction, which has turned into a wxy, and probably also will turn into a WXYXZ. It has plenty of room to develop. Since 4th wave corrections has a tendency to enter the area of the 4th wave of previous impulse, it will most likely go up to the area of the green rectangle above. This will be between 103.2 - 104,7. If it will go further up before heading down is to early to say. But my previous forecast about it will go down below 96 is still in play and intact.
TVC:DXY
by TheDane
US DOLLAR Analysis: Bullish Momentum Building?TVC:DXY is finally showing signs of stabilization. The index has successfully rejected a key support level, an area where price has historically attracted strong buying interest. This level closely aligns with the psychological $100 mark, which has once again acted as a pivotal point for market participants, reinforcing its relevance as a key technical level. The recent price action confirms bullish interest, as evidenced by a strong rejection pattern within the zone, with long lower wicks and bullish follow-through candles. The support zone held firm, and buyers have stepped in, initiating an upward move. Now that price has bounced from this level, the probability of a continued rally increases. If the bullish momentum sustains, the price could move toward the 102.500 level, a logical near-term target based on previous structure and minor resistance. However, a failure to maintain above the 100.00 handle or a sudden shift in sentiment could still pose downside risks. A confirmed breakdown below the green support zone would invalidate this bullish outlook and potentially open the door for further declines. Remember, always confirm your setups and use proper risk management.
TVC:DXYLong
by TrendDiva
91
NAS100 - Stock Market Expects a Devastating Week!The index is trading above the EMA200 and EMA50 on the 4-hour timeframe and is trading in its ascending channel. I expect corrective moves from the specified range, but if the index corrects towards the demand range, we can look for the next Nasdaq buy positions with a good risk-reward ratio. U.S. stock futures responded positively to signals from both Chinese and American officials. Looking ahead to the coming week, investor focus is squarely on the Consumer Price Index (CPI) report from the United States—marking the first chance to assess the impact of the new tariffs implemented on April 9. Meanwhile, ongoing trade negotiations between the U.S. and China remain a crucial factor, with significant implications for inflation, Federal Reserve policy, and overall market expectations. In addition to inflation data, retail sales figures and the preliminary results of the University of Michigan sentiment survey could influence market outlook regarding interest rates—especially since price stability and full employment remain core mandates of the Federal Reserve. At present, Fed officials are working to maintain a cautious stance in order to anchor inflation expectations. However, if clear signs of economic weakness emerge, that stance could shift rapidly—something that several Fed officials have already openly acknowledged. Retail sales, in particular, could provide a different narrative about the health of the economy. After a notable 1.5% jump in March, estimates suggest that growth in April slowed to just 0.1%. This deceleration may reflect consumer reluctance to spend, stemming either from inflationary pressures or broader economic uncertainty. Thursday’s data release will include the Producer Price Index (PPI), industrial production, and the Philadelphia Fed manufacturing index—offering a clearer picture of supply-side dynamics and the performance of the industrial sector. On Friday, attention will turn to a fresh batch of economic indicators: building permits, housing starts, the New York (Empire State) manufacturing index, and especially the University of Michigan’s preliminary consumer sentiment survey. This survey has gained importance in recent months due to notable increases in both one-year and five-year inflation expectations. As recent charts indicate, while consumer confidence has plummeted to multi-year lows, inflation expectations have trended upward—a worrisome combination that could limit the Fed’s ability to ease monetary policy. Although concerns about a U.S. recession persist, recent data suggest more of a “gradual slowdown” rather than signs of an imminent crisis. In March, both the CPI and PCE indices declined, indicating a temporary easing of inflationary pressures. However, this trend may reverse in April, as the broad implementation of reciprocal tariffs likely raised import costs—particularly for Chinese goods, which now face duties as high as 145%. New estimates indicate that these tariffs could add 2.25% to core inflation over the next year, effectively reversing the progress made in 2024 on taming price pressures.Prior to the Trump administration’s tariff announcements, economists had differing views on inflation, with some expecting it to approach the Fed’s 2% annual target by year-end. Contrary to trade experts, Trump claimed that sellers would not pass these price increases on to consumers. Goldman Sachs’ analysis this week suggests that Trump’s tariffs could push inflation to levels not seen since the post-pandemic price surge. The broad import taxes announced between February and April may have a substantial impact on the economy, and consumers are likely to feel the effects first at the checkout counter. Goldman economists estimate that the tariffs could drive annual inflation—as measured by core Personal Consumption Expenditures (PCE)—to 3.8% by December, marking the highest rate since 2023. The Fed’s preferred inflation gauge rose 2.6% last year. This metric remains above the Fed’s 2% target and has shown limited progress toward that goal since 2023. The last time inflation was below this benchmark was in January 2021. A renewed wave of price increases could severely strain American household budgets—particularly if the labor market also weakens, as many economists anticipate. This would also represent a significant setback for the Federal Reserve, which has kept interest rates elevated since 2022 in an effort to combat post-pandemic inflation. While inflation hovered around 3% at the beginning of 2024 with little change, it saw a notable drop in March. Many analysts forecast that inflation will continue to decline and approach the 2% target by the end of 2025. Walker and Peng’s analysis factored in both the direct effects of tariffs—most of which will likely be passed on to consumers—and several indirect consequences. The trade war has unexpectedly weakened the U.S. dollar, reducing Americans’ purchasing power. Moreover, some manufacturers may shift production away from China, where tariffs are particularly severe, to locations with higher production costs. As a result, American consumers may end up paying significantly more for imported goods, especially in categories like consumer electronics and apparel.
CAPITALCOM:US100
by Ali_PSND
GBPUSDToday's other trade opportunity comes from the GBPUSD pair. The first days of the week usually don’t behave exactly as expected — there's often volatility, fake moves, and false breakouts. That's why I prefer to approach Mondays with a lower risk appetite. 🔍 Criteria: ✔️ Timeframe: 15M ✔️ Risk-to-Reward Ratio: 1:2 ✔️ Trade Direction: Sell ✔️ Entry Price: 1.32940 ✔️ Take Profit: 1.32690 ✔️ Stop Loss: 1.33066 🔔 Disclaimer: This is not financial advice. It's a trade I’m taking based on my own system, shared purely for educational purposes. 📌 If you're also interested in systematic and data-driven trading strategies: 💡 Don’t forget to follow the page and subscribe to stay updated on future analyses.
Short
by Nurlan_PT
DXY Ready to Pop – Watch That 100 Break!After breaking below the key psychological level at 100 and making a low just under 98, the Dollar Index ( TVC:DXY ) has entered a consolidation phase. Over the past three weeks, price has developed an inverted head and shoulders pattern, with the neckline perfectly aligning with the horizontal resistance at 100 — a strong zone of confluence from both a technical and psychological standpoint. Despite the current hesitation under resistance, the structure suggests bullish potential. I believe we are approaching a breakout above 100, and once that happens, an acceleration to the upside is likely to follow. 🎯 Target: 102 🔒 Invalidation: A break below 98 would cancel the bullish bias. As long as the price stays above the 98 area, I remain bullish and expect the dollar to strengthen. 🚀 The breakout hasn’t happened yet — but the pressure is building.
TVC:DXYLong
by Mihai_Iacob
2
DXY Update – Bullish Correction in PlayAt the beginning of the month, I mentioned that the USD Index (DXY) could start a corrective move to the upside, with the 100 level being the critical line in the sand. Indeed, the index managed to break and hold above this psychological and technical level, currently trading around 100.70, well above the former resistance now turned support. My bullish outlook remains intact, and I expect the upside continuation to target the 102 zone in the coming sessions. Conclusion: For pairs like EURUSD and GBPUSD, rallies should be sold as long as this bullish momentum holds. 🚀
TVC:DXYLong
by Mihai_Iacob
EURUSDHello Traders! 👋 What are your thoughts on EURUSD? On the 4-hour chart, EUR/USD is forming a downward corrective structure following a strong bullish move. Price is approaching a support area, which aligns with a 0.5 Fibonacci retracement level We anticipate the correction to complete near this confluence zone, followed by a resumption of the bullish trend toward higher targets. Will this support hold and trigger the next bullish leg? Share your thoughts below! Don’t forget to like and share your thoughts in the comments! ❤️
Long
by HAMED_AZ
2
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
DXY Will Go Higher! Long! Please, check our technical outlook for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 100.428. Considering the today's price action, probabilities will be high to see a movement to 102.304. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
NZDUSD - Elliott Wave Setup: Eyes on the Buy Zone!NZDUSD - 3D Chart Elliott Wave Outlook We've been tracking NZDUSD over the years and each move continues to align with Elliott Wave Theory. The current structure is unfolding as a large ABC corrective pattern. - Wave A and the complex Wave B (WXY) are now complete. - We're now in Wave C, and we expect it to target the highs of Wave A. Recently, NZDUSD made a clear bullish impulse but has been consolidating for the past 3 weeks. This correction is likely to resolve with a bullish breakout. We've marked a buy zone between the 38.2% and 50% Fibonacci retracement levels, which we believe is the ideal entry area. We'll be watching this zone closely for lower timeframe bullish confirmations like a break of structure (BOS) or trendline break. Trade Plan: - Wait for price to enter the buy zone - Look for bullish confirmations (BOS, trendline break) - Enter after confirmation, with stops below the corrective lows - Targets: 0.63 (500 pips), 0.65 (700 pips) Goodluck and as always, Trade Safe!
by WicktatorFX
4
Gold XAUUSD Possible Move 9th May 2025🟨 XAUUSD (Gold) Analysis – 09 May 2025 Market Structure Overview: The market was previously in a bearish trend, forming consecutive Lower Lows (LL) and Lower Highs (LH). A bullish shift in structure occurred when price formed a Higher Low (HL) followed by a Higher High (HH), breaking and closing above the previous Lower High. This break of structure signals a potential trend reversal or deeper pullback in progress. Key Levels: Support Zone (Demand): Around 3,315 – 3,325 (recent breakout zone and potential retest area). Resistance Zone (Supply): Around 3,365 – 3,375 (previous structural HH + liquidity pool). Expectations: If price sustains above the 3,315–3,325 support zone, we expect a continuation to the upside targeting the 3,365–3,375 supply zone. If price fails to hold above support, a rejection and continuation to the downside toward 3,280 is likely. 🔔 Trading Signal (Setup Idea): Type: Buy (Conditional) Entry: Buy on confirmation from support (e.g., bullish engulfing, FVG, or sweep + bullish structure) around 3,320–3,325. Stop Loss: Below the swing low or invalidation level: 3,310 Take Profit: TP1: 3,340 (minor resistance) TP2: 3,365–3,375 (major supply zone) Risk/Reward: Minimum 1:2 RRR Confirmation Tips: Look for bullish price action at the support zone (e.g., bullish pin bar, demand FVG, CHoCH). Use volume, OBV, or momentum divergence for additional confirmation. Show support by following, comment and sharing.
OANDA:XAUUSDLong
by QuinnReed_Charts
1
Heading into 61.8% Fibonacci resistance?US Dollar Index (DXY) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support. Pivot: 101.39 1st Support: 99.91 1st Resistance: 102.58 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
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