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DXY vs USD/JPY (1 Hr)

USD/JPY has barely moved so im assuming the coming jostling from JPY prime minister over the weekend is holding it back. Look for a bullish run. Happy Trading!!
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XAUUSD DXY made a idea if anyone is interested, Please go watch the video on my analysis and let me know your thoughts

USDJPY I don't scalp but for the scalpers out there, this is a great mean reversion opportunity. DXY is up, as someone below called out all other USD pairs are moving so this will revert to the mean soon.

Tight stop loss if you attempt this as of course we all know scalping is always a low probability no matter the entry.

BTCUSDT Tether announced that its investment arm, Tether Trade Finance, has completed funding of the first USDT-based Middle Eastern crude oil transaction. The transaction, which will be completed in October 2024, aims to facilitate the loading and transportation of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million

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GBPUSD We took a couple of losses and few winners! Not a bad day but a SLOW one! I wait to close the trades before the close of the day, while taking partials on the way.

Its a GREEN week AGAIN! Enjoy your Weekend! Adios!

DXY BTCUSD SXAUUSD The LUCKY DRAW announced is still active which will end today - tradingview.com/symbols/BTCUSD/minds/?mind=7QeftkRbQHuMmVxpHs59hA&exchange=BITSTAMP
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USDX

We have no idea what they want to do here...let's just assume, the surprise buyside sweep collected hella orders that need to be distributed to the sellside as well as filling the bullshxt gap left behind
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USDX still hv 60days for Trump to take office, i think enough time for DXY to fill up the gab below
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DXY accumulation or Distribution 🧐🕵️🤔. Needs to see more next week 😅😅😅.

BTCUSDT The Federal Reserve announced an interest rate ceiling of 4.75%, expected 4.75%, previous value 5.0%

At the press conference, Powell stated that high inflation has eased significantly, the labor market remains robust, and the overall economy is performing strongly. He expressed confidence that inflation will continue to decline toward the 2% target.

Powell also stated, “In the short term, elections will not impact our policy decisions.” “We do not speculate, assume, or forecast what policies will be implemented.”

Powell stated that the economy is not under strain and that most of the inflation seen this year is catch-up inflation. No decision has been made regarding the policy actions the central bank will take in December. As we approach the neutral interest rate, it may be necessary to slow the pace of rate cuts. In response to a journalist’s question about whether he would agree to resign if asked by the President, Powell replied that he would not.

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USDX bear more and more
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