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DXY

GBP/USD Trade in Play – Why This Setup Could Be HUGEWhat’s great everyone? Mr. Blue Ocean FX here with an in-depth breakdown of GBP/USD. We’re currently in a trade, having entered at 1.2297, with stops set at 1.2550. Let’s dive into the key levels and what we’re looking for moving forward. On Friday, we identified a significant lower high around the 1.2297 level, which led to a strong impulse move down to 1.2104. After a pullback and rejection, price failed to make a new lower low, closing around 1.2151, and eventually breaking above resistance at 1.2210, creating a new higher high at 1.2297. We waited for a pullback and a push above 1.2297, which we got, confirming our entry with volume supporting the move. Currently, I’m monitoring the H4 candle; if we see a break and close below 1.2272, we could expect a deeper pullback into the 1.2236 zone, which would present an opportunity for a second entry. However, I believe the fair value gap (FVG) around this level will hold, leading to consolidation before another push higher. Looking at the DXY (Dollar Index) on the weekly timeframe, we had a strong push up from December 2nd to January 6th before topping out. It now appears to be rolling over, potentially forming a higher low before continuing higher. Today’s daily candle has broken structure, with a lower high forming around 109.33, suggesting short-term weakness in the dollar and potential upside for GBP/USD. As we monitor price action, the next H4 candle close will be crucial. If price holds above support and volume supports the move, we anticipate further upside. As always, keeping this breakdown short and to the point. If you found this helpful, boost it, like it, and share it with a fellow trader. Stay tuned for the next update.
Long
by BlueOceanFxAcademy
ABBV - Are you Ready?Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈ABBV has been in a correction phase and it is currently approaching the lower bound of the red and blue channels. Moreover, the green zone is a strong round number $150 and structure! 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower trendlines acting as non-horizontal support. 📚 As per my trading style: As #ABBV approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NYSE:ABBV
by TheSignalyst
3
DXY Will Move Higher! Buy! Here is our detailed technical review for DXY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 109.412. Considering the today's price action, probabilities will be high to see a movement to 110.871. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
1
GOLD → A change in fundamental background. Strong resistanceFX:XAUUSD faces strong resistance at 2721 and enters correction phase, which also coincides with the change of fundamental background and economic data Weakening geopolitical tensions in the Middle East have reduced demand for safe-haven assets such as gold, the US dollar and US bonds. In addition, expectations of stimulus measures from China improved market sentiment. Despite this, the downward trend for gold may remain limited due to Trump's rather risky policies and expectations of two Fed interest rate cuts later this year. Overall, gold prices are likely to be volatile in the short term due to holiday market conditions and Trump's upcoming executive orders. Technically, the price is inside a symmetrical triangle, which in turn is located inside an ascending channel. If the resistance is not broken, pressure will be applied to the support.... Resistance levels: 2713, 2717, 2721 Support levels: 2702, 2697, 2690 A retest of 2702 will increase the chances of support breakdown and further fall. It can happen after the resistance retest. I do not exclude a false breakdown of one of the mentioned resistance levels before a further fall. Regards R. Linda!
FX:XAUUSDShort
by RLinda
10
Copper - Markets are waiting for Trump's new decisions!Copper is above EMA200 and EMA50 in the 4-hour timeframe and has left its descending channel. The downward correction of copper will provide us with the opportunity to buy it with the appropriate risk reward. If the upward trend continues, you can sell copper in the next supply zone. In recent days, the value of the U.S. dollar has risen, and Treasury yields have also increased. These developments are primarily driven by expectations that the Federal Reserve will proceed cautiously with interest rate cuts this year. President Trump’s promises to raise tariffs, reduce corporate taxes, and deregulate industries have sparked concerns about rising inflation, which was already persistent even before these policies were implemented. Meanwhile, the U.S. economy appears robust, with strong labor market performance in November and December, indicating that the Federal Reserve may not feel pressured to accelerate interest rate cuts. According to projections, investors anticipate that interest rates will decrease by approximately 0.4% by December 2025. This expectation persists despite reports suggesting the new U.S. administration will implement tariff hikes gradually and December inflation data came in lower than expected. The U.S. Tax Foundation estimates that if the U.S. imposes a 60% tariff on imports from China and a 20% tariff on imports from other countries, the average tariff rate would climb to 17.7%. This would represent the highest level recorded since the 1930s. Trump has pledged to impose steep tariffs on goods imported from various nations; however, economists have warned about the potential consequences of such policies. In a recent Reuters survey, all participating economists predicted that the Federal Reserve would maintain interest rates within the range of 4.25%-4.50% during its January 29 meeting. Additionally, 61 out of 103 economists expect the rate to decrease to 4.00%-4.25% by March. The survey results also reveal that 65 out of 102 economists believe the Federal Reserve will reduce interest rates no more than twice this year (compared to 41 out of 97 in the December survey who held this view). Moreover, 40 out of 49 economists surveyed by Reuters forecast that U.S. inflation in 2025 will likely exceed expectations. Scott Bassant, the nominee for Treasury Secretary in President-elect Trump’s administration, described China’s economy as being in recession. Taking a more pessimistic tone, Bassant labeled China as one of the most unbalanced economies in the world, highlighting the country’s prioritization of military strength and efforts to maintain growth by exporting cheap goods to the rest of the world.
CAPITALCOM:COPPERLong
by Ali_PSND
Bearish drop?US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support. Pivot: 109.59 1st Support: 107.46 1st Resistance: 111.96 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
1
XAUUSD 19/01/25This week, our analysis on XAU continues with the same bullish bias from last week. After a clean bullish shift last week, we anticipate gold to maintain its upward momentum. As always, Orion guides us on the trading direction, and we follow accordingly. Currently, we are targeting lows as potential buy zones and highs as key levels to trade into. With recent developments, including Trump becoming president and the current moves in gold, another bullish run appears to be the most probable scenario. Stick to the plan, trade from the lows into the highs, and always manage your risk effectively. Trade safe, follow Orion, and stay disciplined.
FX:XAUUSD
by PipSurfingSociety
EURUSD 19/01/25 Here's the revised version without bullet points: This week marks a special occasion as we celebrate the birthday of our head mentor! Heading into the week, we maintain the same bias as last week: focus on the lows being taken out, while the highs serve as key entry areas. The game plan is straightforward. Look for a solid pullback to sell into the lows, or wait for the lows to be run and then target a pullback to current highs or newly formed highs yet to emerge. Our bias remains bearish, so patience is key. Wait for a run on the highs before taking action. There’s no need to overcomplicate things—if you’ve been following Orion, everything is already in place. Trade safely, trust Orion, and always stick to your risk management plan.
by PipSurfingSociety
DXY - ANALYSIS👀 Observation: Hello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Dollar Index (DXY) with you. Based on what I see on the chart, I expect the Dollar Index (DXY) to reach the resistance zone of 110.668 to 110.877 . After a small pullback, I anticipate it will start its bullish movement upwards. If the 107.750 level breaks downward and consolidates on the 1H timeframe, a further decline could follow. 📈 Expectation: After a minor pullback, the DXY is likely to initiate a bullish movement and continue its upward trend. 💡 Key Levels to Watch: Resistance Zone: 110.668 - 110.877 💬 What’s your view on the Dollar Index this week? Share your thoughts in the comments below! Trade safe
TVC:DXYLong
by PouyanTradeFX
DXY - OVERBOUGHT = Risk On in Near Term = GainsThe DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion. On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment. Stonks, BTC, & Crypto are looking prime for a risk on environment & substantial gains - for at least the short to medium term - if the DXY sells off. Either way, it's looking like the DXY will need to mean revert in the near term. BULLISH.
TVC:DXYLong
by BitInfo12
DXY SINGLING DANGER!Any Time The Dollar Gets In This Range Bad Things Happen! With the exception of the 2008 GFC which confirmed we have entered Debt Deflation (Meaning the Gov will need to borrow more and more, faster and faster without any benefit to the real economy). A strong dollar is signaling something very bad is coming. Gun to head I would guess something like an Asian Currency Crisis. Russian ruble & economic collapse is now a certainty! Russia has lost the war no matter what they are trying to do on the battlefield it is irrelevant as the economy is now suffering from Dutch Disease. (So Much for the BRICS fantasy!) Most Americans believe a strong dollar is good. They are wrong. Here are a few things to know about a strong US Dollar. 1. A strong dollar weakens exports, costing American jobs as everything America made becomes more expensive to the rest of the world. 2. US Imports increase as everything internationally made becomes cheaper. 3. Acquiring USD as foreign reserves becomes much more difficult and expensive. As exporters to the US have to produce more for less $s. 4. US investment in international currency collapses, forcing inflation, rates higher making borrowing/investment in foreign economies weaker. Leading to a snowball effect. 5. Commodities are traded in USD. As such energy/food to many poor nations will become a problem as they are net importers with already limited access to NYSE:S it will be magnified. 6. Finally (I could go on but I won't you get the point) when everyone leans on one side of the boat it capsizes. Meaning when everyone is running to invest in the US & the dollar. Techanically how high can the USD go? -120 is likely. (hopefully not much more) -Longer term if things get bad enough it can break all-time highs of 165 as we have this massive bottoming inverse HEAD & SHOULDERS in place. CARNAGE! - What I hope will happen is that it hits previous recent highs of 115 and that will be it for the upside. HOWEVER! We do have a rising structure that needs to be corrected. As such when it does correct there is a good possibility it tests previous lows. For now, if you live in the US. enjoy dollar strength and think about how much worse inflation would have been if the $ was weakening. ))
TVC:DXYLong
by RealMacro
2
EUR/USD Poised for Growth: Key Levels and Targets Ahead! (READ)By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still trading around the 1.030 level, and I expect an upward move from this pair soon. With the Dollar Index likely to decline further, this could support EUR/USD's growth. As mentioned in the previous analysis, the key upside target remains 1.044, while the significant demand levels are at 1.020, 1.005, and 0.99. Keep an eye on these levels for potential opportunities! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban The Main Analysis :
Long
by ArmanShabanTrading
1
GOLD → Correction after a false breakout. What's next?FX:XAUUSD reaches a key resistance that stops a strong rally. A false breakdown triggered a correction, which could be a chance for comfortable buys. The gold price stabilized around $2,725 after a three-day climb, remaining under profit taking pressure. Strong data on China's economy failed to inspire the market as real estate concerns and possible U.S. tariffs dampened optimism. Expectations of Fed rate cuts continue to support gold despite mixed data on the US labor market and retail sales. The Fed chief's statements about possible rate cuts in the first half of the year are adding support to the metal. Next week, traders' attention will be focused on US housing and industrial production data. Support levels: 2700, 2697 Resistance levels: 2712, 2721 Global and local trend is bullish. Counter-trend correction is being formed. Technically, the correction may reach the zone of interest 2700 - 2697, from which we should expect a rebound, for example, to 2712, or even the recovery of the bullish trend. Regards R. Linda!
FX:XAUUSDLong
by RLinda
6