USD Dollar Basket Index DXH5 Exp 11/03/2025 23:59 Forum & Chats (FPMARKETS:USDX)

6 hours ago

I told you Definitely will hit 103 look now guys

10 hours ago

More than $ 1.5 trillion has been erased from the US stock market at open

12 hours ago

The US announced that the seasonally adjusted non-farm payrolls in March were 228k, an increase higher than the market expectation of 135k. The US unemployment rate rose to 4.2% in March, with an expected 4.1% and a previous value of 4.10%.

NeomGoldForexVIPSignals

12 hours ago

⚡ DXY Daily Analysis Based on Main Key Levels - April 4, 2025

Daily Current Market Price (DCMP): 102.574 🔍

Critical Price Framework 🔥

🔴 Resistance Zone (Above 102.574)

Immediate Resistance: 103.338 🚩
Critical Resistance: 104.307 ⚠️

🟢 Support Zone (Below 102.574)

Primary Support: 101.389 🛡️
Critical Floor: 100.083 🛑

Swing Levels 📉

Swing High: 107.661
Swing Low: 103.197

Technical Confluence 🔍

Fibonacci Alignment

103.338 aligns with 50% retracement of Q4 2024 decline
101.389 coincides with 127% extension of March rally

Momentum Indicators

RSI at 68.3 (approaching overbought territory)
MACD histogram shows bearish crossover below signal line

Intraday Trade Setup ⚡

🔴 Sell Trade Idea

Entry: 103.338 🎯
Stop Loss: 104.307 🔴
Take Profit 1: 101.389 📉 (1:2.8 R/R)
Take Profit 2: 100.083 📉 (1:4.5 R/R)

Rationale: Bearish reversal expected at 50% Fib resistance cluster (103.338-104.307) with negative divergence on 4H chart.

Risk Management Protocol ⚠️

Position sizing ≤0.5% of capital
Trailing stop activation at 0.7R profit
Monitor US CPI data releases

Analysis valid until NYBOT closing bell. Chart patterns verified via TradingView.

blamezak_trades

12 hours ago

The NFP report came in HOT, much higher than expected:

Actual: 228K

Forecast: 135K | Previous (Revised Upwards): 117K

However, the unemployment rate also ticked higher to 4.2% vs. the forecast of 4.1%.

Key Levels to Watch,

For GU: 1.2950 support, 1.3050 resistance
For GJ: 190.00 psychological level

> Impact on GBP/USD (GU)

🔹 Initial Reaction: Strong NFP = USD Bullish > GBP/USD drops
🔹 BUT Unemployment Rate Higher, this could limit USD strength if markets think the Fed will still cut rates later.
🔹 GU Bias: Short-term bearish, but watch Fed commentary & risk sentiment.

> Impact on GBP/JPY (GJ)

🔹 Stronger USD lifts USD/JPY > Pulls GBP/JPY up
🔹 Risk sentiment , If markets focus on strong NFP, GJ can rally. If they focus on higher unemployment (slower economy), JPY could strengthen & push GJ lower.

blamezak_trades

12 hours ago

NFP release on April 4 at 15:30 is crucial for and

Here's what to expect based on the forecasted numbers,

- Forecast: 135K (Previous: 151K) → A weaker labor market expectation.

- Unemployment Rate Forecast: 4.1% (Previous: 4.1%) → No change expected, but any surprise deviation will be key.

1. NFP Comes in Lower than Expected (<135K)

- USD Weakens: A weak jobs report signals a slowing economy, increasing bets that the Fed might cut rates sooner.

- GBP/USD Bullish: Dollar weakness would push GBP/USD higher.

- GBP/JPY Mixed: If USD/JPY drops on weak NFP, GJ might struggle to rally aggressively.

2. NFP Beats Expectations (>135K)

- USD Strengthens: Strong labor data reduces the urgency for rate cuts, strengthening the dollar.

- GBP/USD Bearish: A strong NFP could reinforce downside pressure, continuing the recent GBP/USD drop.

- GBP/JPY Bullish: If the USD strengthens and risk appetite remains stable, GJ could rally as JPY remains weak.

The NFP will be a make-or-break moment for GBP pairs. Watch for deviations from the forecast,

> Weaker NFP = bullish GU, cautious GJ

> Stronger NFP = bearish GU, bullish GJ

- Expect high volatility during the release. Trade Safe!