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Levels discussed on livestream 8th Jan 20258th January 2025 DXY: Consolidating just below 50% (108.70), stronger ADP, DXY break higher, to 109.20 NZDUSD: Sell 0.5620 SL 20 TP 30 AUDUSD: Look for reaction at 0.62 strong round number support GBPUSD: Sell 1.2450 SL 25 TP 80 EURUSD: Sell 1.0320 SL 30 TP 60 USDJPY: Watching that 158 resistance level EURJPY: Sell 162.95 SL 30 TP 60 GBPJPY: Sell 196.50 SL 30 TP 70 USDCHF: Buy 0.9120 SL 20 TP 50 USDCAD: Buy 1.4385 SL 20 TP 50 XAUUSD: Consolidating below 2655, potential break out to upside, to 2672
TVC:DXY
by JinDao_Tai
DXY Looking Like It's Setting Up Towards Bearish Liquidity Grab! What's Up Chat, Welcome Forex Traders, Degens, & Investors. Let's jump right in, Dollar looks bullish however we're currently giving it time for it to consolidate, grab as much upside liquidity as possible, before it decides to have a trend reversal. {VISUAL GUIDE:} Eclipses: Have a Letter "M" or "D" Indicating Gaps in either the Monthly time frame or the Daily time frame. Black Lines: Represent Active Monthly liquidity. Blue lines: Represent Active Weekly liquidity. Yellow lines: Represents Active Daily liquidity. White lines: Represents Active 4HR liquidity. Green Landscape Line: Represents Trumps inauguration. Red Landscape Line: Represents 1st Lunar Cycle, FOMC, & Possible Psyop incoming which all has negative sentiment. In continuation, we're looking to sell the dollar, but are being patient to be able to snipe it at the right time. It would be smart to open up a position for a sell around this level, & if you're trading EUR/USD enter a buy position at this level. Small risk as were waiting to DCA, if market gives us a better price point. This is measuring out to be a 400-600 pip move to the downside 5-6% Bearish move or more.
CAPITALCOM:DXYShort
by DegenJake_
here is an analysis for the DXY (U.S. Dollar Index) on the 30-m Based on the chart provided, here is an analysis for the DXY (U.S. Dollar Index) on the 30-minute timeframe: ### Observations: 1. **Resistance Zone (Blue Area)**: - The price is approaching a marked resistance zone around 109.000. - The annotation "wait for bearish confirmation" suggests this level is significant, and traders are looking for signs of reversal (e.g., bearish candlestick patterns or failure to break above). 2. **Key Levels**: - **109.000**: Strong resistance zone where selling pressure is anticipated. - **108.600-108.400**: A support zone below, indicated by green shaded areas. - **107.800**: A major lower support zone, indicating where buyers might step in strongly if the price drops significantly. 3. **Market Structure**: - **Higher High (HH)**: The price has created a higher high, indicating bullish momentum in the short term. - **Change of Character (ChoCh)**: Highlighted earlier in the chart, signaling a shift from bearish to bullish structure during the recent recovery. 4. **Potential Scenarios**: - If the price forms bearish confirmation at the resistance zone (e.g., double top, bearish engulfing), a sell-off might be expected toward the first support level around 108.600. - If bullish momentum continues and the price breaks and retests above 109.000, it could target higher levels. ### Strategy: - **For Selling**: - Wait for bearish confirmation around 109.000. - Potential targets could be the support zones at 108.600 and 108.400. - **For Buying**: - Monitor if the price respects the support zones (108.600-108.400) and shows bullish signs for potential entries. - If price breaks below these support zones, consider 107.800 as the next key level.
TVC:DXYShort
by TRADE_CENTER_1
DYX Monthly vs Crypto & Stocks: The Most Bullish Ever!The DXY is at its most bullish since June 2021. Here we can see it bouncing strongly from EMA55 as support. We looked at the DXY and how it is related to Bitcoin ( see here ). Now we want to consider the DXY on its own. ➖ How far up can the DXY go and for how long? To start, we can see that the last time the DXY went bullish it closed green for four consecutive months. This would be the first green month, so we have another three of potential bullish action. The bounce in July 2023 also produced four months of growth. Now, the action in the last bounce and back in 2023 were part of a consolidation pattern, what we are seeing now is the start of a bullish wave. ➢ First, within several months, or weeks, the DXY is set to hit 109. Long-term, it can go higher and hit a new All-Time High. ➢ The first long-term resistance will be around 114, which is the September 2022 peak. 111.1 would be an intermediate target. ➢ The new ATH can settle around 124/5. The last ATH was hit around 121. This is all based on the long-term. This is the monthly timeframe. The DXY going bullish can have a very strong negative effect on the stock market and even Cryptocurrency but this is only initially, after several months of the DXY being strongly bullish, the Cryptocurrency market can recover and do great. I don't know about the stock market, it can be different but Crypto will be fine. Thank you for reading. Namaste.
TVC:DXYLong
by AlanSantana
5
Bearish drop?US Dollar Index (DXY) has reacted off the pivot and could drop to the 38.2% Fibonacci support. Pivot: 109.64 1st Support: 108 1st Resistance: 110.93 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 short: Is USD strength coming to an end?In this chart, I plotted the potential Elliott Wave counts. But I need to point out the few things that I don't like about this count first: 1. Wave 1 down seemed too short to be supporting such a huge triple combination correction. 2. Wave 1 end is not the lowest point. The lowest point being end of first X wave (I can't find a way to force a 5-wave counts such that first wave ends on the first X wave simply because W-X is clearly a 3-wave. The best I can do is to have a 5-waves down that ends at first green a but that makes the subsequent corrective structure ugly.) In any case, this is now a low risk short. Stop above recent high. The next potential short is where the upper trendline is.
TVC:DXYShort
by yuchaosng
1
Levels discussed on livestream 7th Jan 20257th January 2025 DXY: For further downside to 107 support level, needs to break 38.2% and bottom of channel (107.80) or bounce off bottom of channel NZDUSD: Retracing, look for rejection at 0.57 or 0.5760 AUDUSD: Test and reject trendline, Sell 0.6280 SL 30 TP 60 GBPUSD: Break above 1.26 round number, Buy 1.2620 SL 30 TP 100 EURUSD: Buy 1.0440 SL 30 TP 90 USDJPY: Sell 157.50 SL 70 TP 140 EURJPY: Look for reaction at 165 resistance GBPJPY: Look for reaction at 197, Buy 197.25 SL 40 TP 90 USDCHF: Buy 0.9070 SL 30 TP 60 USDCAD: Could trade down to 1.4250, bullish trendline XAUUSD: No clear directional bias, choppy between 2625 and 2646, break, above 61.8% 2646 could trade up to 2655
TVC:DXY
by JinDao_Tai
2
DXYUSD Bearish SignalDXY had experienced an unnatural pump against risk and competition currencies, elation that will no doubt come to an abrupt end soon as my charts do not lie. What would typically be viewed as a large bull flay is indeed a failed auction. This signifies a major upcoming crash of the USDX as inflation has been out of control and the fed has failed to control it. Spending is up and while unemployment remains high the job market and industry remains strong as US GDP outputs remain very high. This could reverse in the summer but at this time price action is toppish and I call a negative reversal to the downside targeting sub $100 ranges.
TVC:DXYShort
by fritbjorn
1
DXY ELLIOTT WAVE ANALYSIS: 07 JAN, 2024 - BEARISH©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-Master. Wave B-grey has just completed a corrective wave labeled ((a))((b))((c))-navy and wave ((c))-navy has completed a full five-waves in a Zigzag (5-3-5) pattern, so wave C-grey could be back to push lower. But it is too early to conclude such a major bearish trend. On the other hand, the shorter-term outlook suggests we may head down to the 105.420 area, while price must remain below 109.533 to maintain this view.
TVC:DXYShort
by ShaneHua
1
DOLLARThe Federal Open Market Committee (FOMC) meeting minutes from December 17-18, 2024, provide valuable insights into the Federal Reserve's stance on the economy and monetary policy. Economic Overview The US economy has continued to expand at a solid pace, with real GDP growth remaining steady. Labor market conditions have eased slightly, but the unemployment rate remains low at 4.2% Inflation Consumer price inflation has decreased, with total PCE price inflation at 2.3% and core PCE price inflation at 2.8% in October. However, inflation remains somewhat elevated Monetary Policy The FOMC decided to lower the target range for the federal funds rate by 25 basis points to 4.25%-4.50%. The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance Future Outlook The FOMC will continue to monitor incoming data and assess the balance of risks. Market participants expect the pace of rate cuts to slow considerably in 2025, with the median respondent expecting 75 basis points of cuts for the full year Additional Insights The FOMC minutes also discussed the potential reinstatement of the debt limit in 2025, which could result in substantial shifts in Federal Reserve liabilities. Additionally, the minutes noted that market participants expect central banks in advanced foreign economies to continue reducing their policy rates in 2025 ¹.
TVC:DXY
by Shavyfxhub