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DXY

Daily Market Watchlist Analysis by Skeptic📊 Navigating the forex and crypto markets requires sharp analysis and timely decisions. Today, I'll break down my forex daily watchlist , analyzing key indices and commodities to uncover potential trading opportunities. Let's dive in, starting with the U.S. Dollar Index (DXY). 💲 DXY Analysis Timeframe: Daily & 4H Daily Chart: DXY has shown a strong bullish trend, recently rejecting the 110 resistance level and pulling back to a key support zone. There's potential for a bullish rebound towards 110, or even a breakout for further upside continuation. Fundamental Insight : Current fundamental data shows balanced supply and demand, causing market indecision. 4H Chart: Five consecutive neutral candles suggest indecisiveness. It's wise to reduce risk exposure, limit the number of trades, and tighten stop-losses until a clearer direction emerges. Trading Plan: Bullish Scenario: If DXY breaks above 110 with momentum, look for USD long positions across pairs. Neutral/Bearish Scenario: Stay cautious; avoid heavy exposure until the short-term trend clarifies. 🥇 Gold (XAUUSD) Analysis Timeframe: Daily & 4H Daily Chart: Gold is correcting after its primary weekly bullish trend. Following a three-wave correction, it has resumed an uptrend within a rising channel, now facing significant resistance at 2718. A breakout could signal early entry for a move towards the 2789 high. 4H Chart: The ascending channel is more visible here. A potential pullback to the 2693 support zone could offer a solid buying opportunity. Trading Plan: Set a Buy Stop near 2718 with a safe stop-loss below the previous low or 2693. 📈 S&P 500 Index (SPX500) Analysis Timeframe: 4H After a bullish impulse reaching 5980, SPX500 is undergoing a healthy correction, signaling strength in the upward move. Watching for the RSI to revisit the 70 level and a resistance breakout for confirmation. For aggressive traders, the 5928 support zone offers a potential buy opportunity. Trading Plan: Conservative: Wait for RSI to confirm momentum and a breakout above resistance. Aggressive: Enter near 5928 with a tight stop-loss below the support level. 🚀Markets are showing signs of consolidation and indecision, making risk management crucial. Focus on high-probability setups and wait for clear confirmations before committing to trades. Which market are you focusing on today? Share your thoughts in the comments! ✍️I'm Skeptic , here to simplify trading and help you achieve mastery step by step. Let's keep growing together!
FXOPEN:XAUUSD
by SkepticWise
1
US dollar index remains elevated, but for how long?The US dollar index continues to show strength and with the potential reduction in the amount cuts this year by the Fed, there might be further strength of MARKETSCOM:DOLLARINDEX . But could this be the case in the short-run? Let's dig in... TVC:DXY RISK DISCLAIMER 74.2% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
MARKETSCOM:DOLLARINDEX
by Marketscom
9
DXY Is Going Down! Short! Take a look at our analysis for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 109.133. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 107.416 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
2
Dollar strength stopped as December CPI cools The dollar retreated further as the deceleration in core CPI for Dec increased the likelihood of a Fed rate cut. According to the CME FedWatch, the probability of a rate cut in June FOMC rose to 67% from 57%. Richmond Fed President Thomas Barkin stressed that inflation is approaching the 2% target again and price pressures were continuing to slow. Failed to hold EMA21, DXY consolidates near the 109.00 threshold. The index briefly broke below EMA78 and the trendline, indicating the possibility of a bearish transition. If DXY fails to hold EMA78 and the trendline, the index may fall further to the support at 108.30. Conversely, if DXY breaches above EMA21, the index could regain upward momentum toward the 110.15 high.
TVC:DXY
by inkicho_exness
DXY could start correcting soonThe last quarter of 2024 was exceptionally bullish for the DXY, with the price climbing from 100 to a peak around 109—a substantial 9% increase in a relatively short period. The bullish momentum has continued into the start of 2025. However, since late December, the price action has become more overlapping, which could indicate the potential for a reversal. At present, the price remains above the bullish trendline, so there are no clear reversal signals yet. That said, it’s important to monitor for a downside break. If such a scenario occurs, the index could drop toward the 106 support level.
TVC:DXYShort
by Mihai_Iacob
1
USDX, DXYUSDX is in an uptrend. The price has tested the 110.16 resistance and failed to break through. It is believed that in the short term there may be a correction. If the price can still stand above 107.41, it is expected that the price will continue to rise. Consider buying in the red zone. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
EIGHTCAP:USDXLong
by Serana2324
5
Bearish drop?US Dollar Index (DX is reacting of the pivot which aligns with the 61.8% Fibonacci retracement and could drop to the 1st support. Pivot: 109.402 1st Support: 108.50 1st Resistance: 110.17 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
My Current View On The 1hr With No ReasonI like what I have and I even sell what I have! 😮 I like dollars maybe I am just some American that thinks in dollars in my wallet..🤑.. Its all fun and Games Until you start losing your bag.💰.. "Count the coin not the dollars" I say to myself while listening knowing well I am my worst enemy. 🎶 In this market cycle it is out to bite you! Anything given will quickly look to take it back including you.. Nothing is a given be ready to fight and beg for what you hold back be it coins or dollars..... "One coin to rule them all until there is wait two or three... Oh wait there's another one!!!" YOLO Moonboyz 🌛 If you feel so inclined to do so. 🚽👄 Toilet Mouth: "Why do all your post say Short!?" or a bunch of "BUT, BUT, BUT" ⭐Not my job to tell you to buy or sell entries matter to most I only care about my exits. ⭐Let each person determine their cost to acquire and choice to play or not. No Advice to give just thoughts that I can't shake after the last 8 years in the world of "CRYPTO" Things 🤷‍♂️ #Fixed IDK! 🙏FOR JUST A HEALTHLY PULLBACK! ""KEEP CALM AND MANAGE THY RISK & BALANCE your Senses!"" I am The CoinSLayer 👨‍💻😈 You have been warned by The Coin SLayer! P.S. Now witha bag! P.S.S. well two or Ten
BYBIT:XRPUSD.PShort
by BradySWilliams
DXY - 4H Bearish SignsTVC:DXY has shown an impressive rally from the 100 zone, forming three major bullish legs, each contributing approximately 4% gains. These bullish phases have now brought the index close to the critical 110 level. However, in the third major leg, we observe the formation of three minor legs, signaling some hesitation as it nears the resistance zone. While many expect the index to break through 110 easily, I anticipate price swings around the 109-110 range, and even the possibility of a deeper pullback before resuming its upward trend. With the NFP data release today, we might see increased volatility, offering opportunities for a potential DXY decline before any further rise. Stay alert for sharp market moves! 📉
TVC:DXYShort
by Sober_Trading
8
USD/CHF Wedge BreakoutThe USD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.9094 2nd Support – 0.9063 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
27
Bearish drop?US Dollar Index (DXY) has reacted off the pivot and could potentially drop to the 1st support. Pivot: 109.38 1st Support: 108.53 1st Resistance: 110.17 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
2
DXY for short-term DownsideHello Fellow Traders, Its BEEN A WHILE! I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For DXY The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation ( Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance) 3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND ) 4.Always Use Risk Management (Risk 1% of your capital) 5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation) 6.Trade at own risk! &. Plan Your Trade & Trade The Plan! Let Me know if you have any Questions or Comments Below! Negative Or Insulting Comments Are Not Welcome See You in the next Analysis! Global Fx Education
CAPITALCOM:DXYShort
by Global_Fx