US stocks and bond yields increased sharplyLong-time period U.S. bond yields rose on expectancies that Trump`s rules could boom authorities debt and inflation, at the same time as cryptocurrency shares additionally rose together with Bitcoin. Trump has delivered himself as a cryptocurrency advocate.
Investors say a Trump victory may want to imply greater tax cuts and a greater comfortable regulatory environment. The S&P 500's strength region rose 1.6%.
Impact from assassination and hobby rates
On making a bet web website online PredictIt, the agreement for a Trump victory become buying and selling at sixty eight cents, up from 60 cents on Friday, with a capacity agreement of $1. Contracts for a Biden victory had been at 26 cents.
The assassination in Pennsylvania on Saturday of Trump regarded to enhance his election chances. The 20-year-antique attacker's reasons continue to be a mystery, with the suspect killed and the FBI not able to decide the intentions in the back of the attack.
“The marketing and marketing round this occasion is offering a boost,” stated Josh Wein, portfolio supervisor at Hennessy Funds. “But in latest days the inventory marketplace has increased. So that is a continuation of a sturdy rally from the second one 1/2 of of remaining week while we found out that there has been purpose to rejoice the concept that there might be one and now probably price cuts in stop of the year."
Dxyindex
DXY - Bearish SignsThe DXY has shown several bullish pushes but has consistently failed to make significant higher highs, all forming beneath a strong resistance zone.
This behavior indicates a weakening of buyer momentum and suggests potential bearish sentiment. With the index’s current inability to breach this resistance, a downward move could be anticipated as sellers might step in, taking advantage of the weak bullish attempts.
DXY D1 - Long from 104.000 DXY D1
This really wasn't the expectation of the market open we were anticipating. Given the Trump assassination attempt, I was expecting some more market uproar, for US stocks to fall and XAUUSD to climb. As you would expect from typical risk off markets.
The reason for this, is market uncertainty and follow up headlines. That being said, we are very early on in the trading day/week. Lots to come out this week, expecting a week full of volume and excitement. 104.000 has been the play for some time now. We simply continue this until this zone break and other trading ranges are formed.
DXY Analysis. Bullish dollarHello everyone i want share my idea about Dollar index.
From the beginning of the year dollar changed trend from bearish to bullish which is absolutely logical and still we are uptrend, in this year everyone waiting for cut rates which will positive for dollar and this 6 month upside movement is signal, the trend will be bullish next six month.
At the moment we see some correction of dollar index which is the best tool to understand what will happen to dollar pairs ( not to USDJPY pair, JPY is in trouble, the price moves different) i used support and resistance zones at higher timeframe to understand where the correction will end, then i used fibonacci tool and scenes what will happen when price will come at the point.
I am bullish at dollar for that i am waiting my first and second scene which is bullish movement but if i will be wrong i have prepared third scene which will cover my loses.
IF I AM WRONG I WILL ACCEPT IT AND FOLLOW TO PRICE ACTION!
ALWAYS MAK YOUR OWN RESERACH!
I WILL UPDATE THIS IDEA EVERY WEEK.
DXY rebounded after news about USDPlease follow my analysis DXY: Yesterday's USD index re-tested the bottom area then rebounded. On the H4 frame, a set of reversal candles appeared, but this morning's session has a decreasing GAP, so in the short term, it is expected that DXY will test this support zone again and then may increase again. Ace can consider buying with USD today
Mastering HTF Analysis: DXY & EURUSD Weekly to Monthly Forecast!Greetings, traders, and welcome back to today's video!
In this session, we'll be conducting a higher timeframe outlook on the DXY and EURUSD. Our goal is to understand what we can anticipate in this week's and this month's trading sessions.
This video will also provide insight into how I approach my trading, focusing on different logs for various aspects of my analysis:
Higher Timeframe Analysis : Monthly, weekly, and daily analysis conducted at the beginning of each week. (Primary Focus In Todays Video)
Interest Rate Logs: Tracking changes and impacts of interest rates.
Intraday Trading Layouts: Used daily to keep my charts organized and clutter-free.
Analyzing these layouts separately at different times helps me stay organized and maintain a clear perspective.
Let's discuss the market structure. Markets are driven by smart money, also known as the banks. They are the liquidity providers, while we are the spectators. Central banks own the currencies and set their trading values. Understanding that markets are liquidity-based—it's us against the banks—we see that banks move prices toward liquidity to pair and book against it.
So, where does the most liquidity reside? The higher timeframes. The higher the timeframe, the larger the sponsorship. That's why we'll be analyzing the higher timeframes today to gain a strategic edge.
Let's dive into the charts and uncover these crucial insights together.
Premium & Discount Price Delivery in Institutional Trading:
If you have any questions, please leave them in the comments section below.
Happy Trading,
The_Architect
DXY - testing the bottom, rebounding on news daysDXY: Yesterday's USD index re-tested the bottom area then rebounded. On the H4 frame, a set of reversal candles appeared, but this morning's session has a decreasing GAP, so in the short term, it is expected that DXY will test this support zone again and then may increase again. Ace can consider buying with USD today
DXY Bearish Continuation PredictionDaily DXY Analysis
In the daily chart of the U.S. Dollar Index (DXY), we observe a potential continuation of the bearish trend. The price is currently around 104.875, having recently experienced a decline of 0.24%. This suggests a potential further decline in the index.
Technical Analysis:
Bearish Continuation: The chart shows a continuation of the bearish trend, with the price breaking below previous support levels.
Support and Resistance Levels: The next significant support level is around 100.764, which may act as a target for the ongoing downtrend.
Relative Strength Index (RSI): The RSI is at 43.04, indicating bearish momentum but not yet in oversold territory.
Price Prediction:
Based on the analysis, it is predicted that the DXY will continue its downward movement, potentially reaching the next support level at 100.764. This suggests a bearish outlook for the U.S. Dollar Index in the near term.
Disclaimer:
I am not a financial advisor, and these predictions should not be taken as financial advice.
DXY Weekly Market out look 6 July 2024Weekly: Price has closed bellow the W-FVG+ so we could anticipate the market will go down towards the W-SSL (103.996).
Weekly Bias: Bearish
Daily: The price has been created a D-MSS with a D-FVG-, so we could expect in the up coming week the price could retest the D-FVG- then go to wards down side.
Daily Bias Bearish.
Selling pressure on USD is increasing and in the current contextDXY: USD index today is maintaining below 105.20.
After consecutive drops beyond the support level, the USD is in a continuing downtrend
Investors should pay attention to protect profits with BUY positionsShows that selling pressure on USD is increasing and in the current context, information about the US is getting worse, causing the USD to weaken. Regarding technical factors. Because it has broken out of the uptrend zone, it is expected that the market will have a slight retest of the trend and then continue to decline. You can consider maintaining a sell watch with USD today.
Is the correction coming?If we analyze the current dynamics of TVC:DXY , there is a probability that in the third quarter of 2024 the index will come out of accumulation and reach the levels of 109.535 and 113.148.
Note that the growth of TVC:DXY is usually accompanied by a correction in the financial markets.
DXY: there will be a correction todayDXY: The USD index yesterday fell sharply, penetrating the support zone and creating a head and shoulders pattern that can be clearly observed in the H1 frame in the context of negative information focusing on the US yesterday. And the FOMC meeting somewhat supported the USD's adjustment, but not significantly. Regarding technical factors this morning, DXY tested the neckline again, so it is likely that USD will continue to decline today. Consider maintaining a short position with USD.
TWO POSSIBLE SETUPS ON THE $I currently see a very strong dollar, but is this a classic fueled movement or does it have some foundation?
According to my idea we could see a decline very soon. It could be followed by a rise before taking action, which is why I leave you two possible setups on the dollar.
Always use your head, this is not a copy and paste but reasoning to do together.
USD firm with decision from FedMarkets are awaiting a release of crucial US Final GDP data today, which is expected to tick up from an annualized rate of 1.3% to 1.4%.
A meaningfully higher or lower number might change expectations of when the Fed will begin rate cuts.
According to the CME FedWatch tool, the next rate hike is expected in September this year.
In the Forex market, the Australian Dollar is the strongest major currency since the Tokyo open, while the US Dollar is the weakest.
However, it is worth noting that the US Dollar remains within a valid long-term bullish trend.
US New Home Sales data came in just a fraction below expectations yesterday.
The Governor of the Bank of England will be holding a press conference about the Financial Stability Report today.
There will be releases of Unemployment Claims and Pending Home Sales later today in the USA.
The USD price is still on the rise and solid when information about future bond interest rates increases. However, we do not rule out the case that the Fed will reduce inflation to stimulate employment and strengthen the economy. international
DXY:C has bearish GAP reactions amid election newsDXY: The USD index is having transient reactions withinside the establishing consultation of the week with GAP falling sharply in a touchy context because of election news. In phrases of technical factors, with this GAP pressure, it's far viable that the USD will witness a bigger correction that could increase the buildup variety to the 105.6 area. You can keep in mind quick promoting the USD today.