DXY at support after hitting major trend lineIntraday Update: The US Dollar index is at channel support into the end of the week, so a decisive break of the 103.98 level could usher in some selling into week end. But bears should be cautious here at support. Shortby ForexAnalytixPipczar4
DXY: Strong Bearish Bias! Sell! Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 103.908 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals226
US $ DXY & BRICKS 2025 Q1HELLO TRADERS As I can see DXY tested a resistance zone and a down trend line on 3rd test technically high chances to drop DXY incoming days fib retracement is also another indication technically on daily charts next rate cuts coming soon US Elections a week ahead world geopolitical wars remember wars not a single war only escalating day by day Putin War in Ukraine and north Korea officially Involvement & Bricks with US 35 Trillion Debt all these things are behind the charts too noting hidden DE-DOLLARIZEING so it's a great opportunity to join the rally and bull Rally to Crypto markets ^ energy with commodities more new ATH Coming banks and Institutions are accumulating shiny metal. Technically + fundamentally with a low risk and looking for bigger rewards its a great trade idea in my view what's Ur friends we love your support don't forget to boost if you really love our given analysis its always be appreciate Ur comments and share which gave us more energy to bring u incoming great markets updates technically and fundamentally Make a proper search before any trade Stay Tuned Shortby APEX_TRADING_ACADMEY8
End of the week market analysis25th October DXY: Consolidating along 104 round number (50% fib retracement) could trade down to 103.85 price level NZDUSD: Sell 0.5970 SL 20 TP 55 AUDUSD: Sell 0.6610 SL 20 TP 40 GBPUSD: Sell 1.30 SL 25 TP 90 EURUSD: Looking for reaction around 1.0840 USDJPY: Buy 152.20 SL 40 TP 100 USDCHF: Do Nothing USDCAD: Looking for bounce, retail sales data pending Buy 1.3825 SL 15 TP 40 Gold: Likely to fluctuate between 2700 and 2740 while directional bias developsby JinDao_Tai8
USD Ready to Surge? Technical Setup Shows Big Potential for DXYTrend Overview: The DXY (US Dollar Index) is currently trading at 103.706, showing a clear potential for a bullish breakout. Based on the chart: The downtrend has been respected with a descending trendline starting from the highs around 115.000, but it is currently testing the trendline resistance. If the price can break above this descending trendline, it signals a reversal of the long-term bearish momentum. There is a possible inverse head and shoulders pattern, which is a strong reversal pattern in technical analysis, further indicating a potential bullish move. Key Levels: Buy Level: Suggested entry for a long position is around 103.500, as the price has breached a significant resistance zone and the volume profile shows increased activity around this price level. Stop Loss: To manage risk, the recommended stop loss is at 102.500, positioned below recent support zones, ensuring a safe distance from potential pullbacks. Take Profit Zone: The next major resistance zone lies around 106.000 and higher towards 108.000, which offers a good reward-to-risk ratio for this trade. Volume Profile: The volume profile shows that a significant amount of trading volume has taken place around the current price levels, suggesting strong institutional participation. If the price breaks above the trendline with higher volume, it may accelerate upward movement. Market Sentiment: Given the potential breakout from the inverse head and shoulders, and the fact that the DXY has held support around 103.000, this suggests growing bullish sentiment. The chart structure and volume activity indicate this is a favorable setup to enter a buy position. Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. Always perform your own analysis and consult with a financial advisor before making investment decisions. The content creator is not liable for any losses incurred from trading based on this information. Illegal financial activities will be prosecuted in this world and carry spiritual consequences in the afterlife.Longby Robinhold223
Bullish bounce?US Dollar Index (DXY) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance. Pivot: 103.83 1st Support: 103.38 1st Resistance: 104.42 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.Longby ICmarkets6
DXY Gap Up Trade Plan (Sell the Gap)The plan anticipates a gap up in the DXY at the market open, where bullish momentum from recent economic data might drive initial upward movement. However, given the overextension of the index in recent sessions, the strategy is to sell into this gap, expecting the market to retrace to fill it, and possibly continue lower.Shortby trader92241
A deep analysis on the U.S. DollarThe dollar has been strong in recent weeks, considering that the two indicators I find very impactful for the dollar, the ADP Non-Farm Employment Change and the Non-Farm Employment Change, came in much higher than expected, leading the dollar to recover about 80% of the previous drop. Note: These two indicators will be published next week, with the ADP Non-Farm Employment Change on Wednesday and the Non-Farm Employment Change on Friday, and the forecast for both is negative. POV: According to the weekly DXY chart, the dollar is recovering from the previous drop, and as you can see, it has found a very strong resistance zone at 104.108, which could be a lower high compared to the previous one. If employment data comes in below expectations, the dollar will experience a sharp drop, considering there is a large gap at 102.100. If the data comes in higher than expected, the market may continue to decline to fill the gap at 102.100 and then resume its upward movement. Finally, I still believe in the long-term decline of the dollar. by LordZanda114
Trump 2.0: What to Expect If Donald Trump Returns to the W.HouseWith Donald Trump once again campaigning for president, his economic policies and views on international trade are resurfacing. Known for his aggressive protectionism, deregulation, and tax cuts, his economic approach has been dubbed the “Trump 2.0” by the media. But what does the Trump Trade really mean for investors? During his first term, Trump’s policies produced mixed results. While sectors like finance and energy thrived, the federal budget deficit widened, healthcare coverage decreased, and income inequality grew. Now, with the prospect of Trump returning to the White House, we could witness "Trump 2.0." What impacts might this have on the economy, and how should investors prepare? Key Points -The Trump Trade emphasizes lower taxes, deregulation, increased tariffs, and reduced immigration to stimulate U.S. growth. -Trump’s policies benefited sectors like finance and energy but also increased the federal deficit and triggered trade wars. If re-elected, Trump’s economic agenda could boost the stock market and select industries but also bring risks like higher inflation and global retaliatory tariffs. Understanding the Trump 2.0 The "Trump 2.0" represents Donald Trump’s economic strategy, which centers on stimulating growth through deregulation, tax cuts, higher tariffs, and reduced immigration. While this approach benefited specific sectors, it also led to rising federal deficits and global trade conflicts. Highlights of Donald Trump (2016-2020) 1. A Strong Economy Under Trump, the U.S. economy remained robust, with low inflation and consistent job growth until the COVID-19 pandemic struck. However, the economic momentum seen during Trump’s presidency was largely a continuation of the post-Great Recession recovery initiated by the Obama administration. 2. Job Creation and Wage Growth Prior to the pandemic, job creation and wage growth continued their upward trend, with unemployment hitting a 50-year low of 3.5% in 2019. Wages increased steadily in 2018 and 2019. 3. Tax Cuts The Tax Cuts and Jobs Act of 2017, Trump’s most significant policy, represented the largest tax overhaul in 30 years, reducing the corporate tax rate from 35% to 21%. The tax cuts spurred consumer spending and increased private sector investment, but also added significantly to the federal deficit. 4. Booming Stock Market The stock market thrived under Trump’s administration, with the S&P 500 setting new records until 2022. The Dow Jones Industrial Average rose by 57% during his tenure, fueled by high employment, wage growth, and tax incentives. S&P500 During Trumph Election 5. Widening Federal Deficit Trump’s tax cuts and increased defense spending expanded the federal deficit. In 2018, the annual deficit hit $779 billion, escalating to over $1 trillion by 2020. 6. Trade Tariffs Trump imposed tariffs on steel, aluminum, solar panels, and Chinese imports, triggering a “trade war” with China and other trading partners like Canada, Mexico, and the European Union. While intended to protect U.S. industries, these tariffs led to global retaliations, impacting American consumers and workers negatively. What to Expect If Trump Returns to Power If Trump returns to the White House, his economic policies could have significant implications for various sectors: 1. Impact on the Stock Market Historically, the stock market performs positively during election periods, regardless of the candidate. If Trump wins, expect market gains due to extended tax cuts, increased oil and gas production, and deregulation. While Trump’s policies could boost corporate investment, stock market performance will ultimately depend on broader economic fundamentals. 2. Impact on Bond Yields Trump's pro-business agenda, combined with increased spending, could drive inflation upwards. If inflation rises, the Federal Reserve may maintain higher interest rates, which could increase bond yields but reduce bond prices. This would likely result in a more muted bond market under a Trump administration. 3. Impact on Dollar Strength A strong economy under Trump could bolster the U.S. Dollar. External factors, such as economic weakness in Europe and Asia, may further support dollar strength. However, a stronger dollar could hurt U.S. exporters, making their goods more expensive abroad and reducing their competitiveness. 4. Impact on Specific Sectors -Financial Services: The sector could benefit from deregulation, enabling banks to expand operations and increase profitability. -Technology: Tech companies may gain from extended corporate tax cuts, leading to higher investments, stock buybacks, and dividends. -Energy: Trump’s “drill, baby, drill” policy aims to expand domestic oil and gas production, supporting the energy sector and boosting U.S. exports. -Manufacturing: While a strong dollar could reduce export competitiveness, Trump’s emphasis on domestic production (e.g., the CHIPS and Science Act) could support U.S. manufacturers. -Infrastructure: Trump's support for infrastructure projects could benefit construction and civil engineering companies, building on the existing Infrastructure Act passed by Biden. Global Implications of Trump 2.0 -Universal Tariffs: Trump’s proposed universal tariffs could trigger significant global retaliation, leading to reduced trade, disrupted supply chains, and higher global inflation. -Renewed Trade War with China: Trump has hinted at increasing tariffs on Chinese imports to as high as 60%, which could hinder China’s economic recovery and create broader global economic uncertainty. Preparing for Trump 2.0 Investors should keep a close eye on sectors likely to benefit from Trump’s policies, such as finance, technology, energy, and infrastructure. At the same time, be prepared for volatility in the bond market and potential retaliatory tariffs impacting global trade dynamics. Diversifying portfolios, hedging against potential inflation, and maintaining a long-term investment outlook can help manage the uncertainties associated with a potential Trump return to the White House. Conclusion Trump 2.0 could have a significant impact on the U.S. economy and global markets. While certain sectors may experience growth under Trump’s policies, the risks of higher inflation, trade conflicts, and federal deficits remain. Investors should approach a potential Trump presidency with cautious optimism, focusing on sectors that align with his agenda while being prepared for increased volatility. By staying informed and adaptable, investors can capitalize on the opportunities and navigate the risks posed by a possible Trump comeback. ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.Educationby FOREXN15557
DXY: Move Up Expected! Buy! Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 104.301 Wish you good luck in trading to you all!Longby XauusdGoldForexSignals111
DXY Bullish Moment Aiming Higher.Hi there, DXY has the potential to move up to 104.614. It is not clear if it will continue higher from that level. If a drop occurs from there, it could potentially reach 102.074. Happy Trading and have a great weekend, K.Longby KhiweUpdated 3
"US Dollar Breakout! Is DXY Ready to Surge to New Highs?"Based on the chart provided, here is a technical analysis for a potential buy on DXY (US Dollar Index): 1. Trendline Breakout: The chart shows that DXY is approaching a critical resistance area marked by a downward trendline. The price has tested this trendline and is starting to break through it. A successful breakout would suggest a bullish momentum, supporting a potential buy setup. 2. Volume Profile Support: There is a visible volume cluster around the 104.0 area, which might serve as strong support for any upward movement. The price has bounced off this region, indicating buying interest around this level. 3. Potential Upside Target: The white dashed arrow illustrates a possible price target after the breakout. If the upward momentum continues, the next resistance could be near 105.500 - 106.000 levels. This would be a reasonable target for a bullish trade. Conclusion: If DXY successfully breaks and closes above the trendline, this would confirm a buy signal. Traders should monitor for any consolidation above the breakout level to confirm further upward movement towards the next resistance zone around 105.5 to 106. Longby Robinhold2
DXY sell as from my EDUcational video Hi Everyone! Lets try to sell again over here! as it has gone up so so much. I can imagine at least a short pullback here.Shortby ChameleonInvestments2
SELL DXYWe are monitoring DXY for selling opportunity. We expect price to drop from this high of 104.400 to as low as 102.20 and even below 100 level within the next few days and weeks. Our stop is above 105 level. Use proper risk management. Shortby GeminiWealthGroupUpdated 4
TOP DOWN ANALYSIS OF US DOLLAR - Watch n´Learn Hi everyone! So If you were to look back at my previous education video on the DXY you would have seen that we have continued to go higher. And right we are in the third zone without a pullback. What does it mean? Well for me, it means its definitely time for a serious pullback, where I would make back all my sell losses. This a little bit too manipulatory for me, and it does not make much sense, but gotta keep going and make that living. Thanks for watching!Education07:56by ChameleonInvestments6
Key Levels to Watch in the DXY: Preparing for Potential ReversalWaiting on a reaction a tad higher. TVC:DXY Looking at the levels 103.5 > 102.2. From there, I'll see how it behaves. If it moves above 103.6, I’ll cut the short, as 105.4 will come into play. Just playing out two scenarios with the same premise: down before more up...Shortby ZelfTradeUpdated 5
Analysis Dollar / DXYAs I mentioned in yesterday's analysis, the Dollar has a strong potential to continue its bullish movement on the weekly (W) chart to capture liquidity (LQY) in the upper zones. Also, let me remind you again that the Dollar is in consolidation on the weekly (W) chart. Tomorrow, we have very strong news at the opening of the New York Stock Exchange, so I will most likely take the day off and wait to see what happens. On the hourly (H) charts, we see strong bullish momentum, but we also see a lot of liquidity below. Therefore, I believe that tomorrow's news impact will push the price down and create a pullback for the price to collect buy orders.by andricstrahinja950
DXY POTENTIAL SHORT| ✅DXY went up just as We predicted but now The index is about to hit A horizontal resistance Of 104.761 from where We will be expecting A local bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx112
DXY short term topexpect a short term correction on the dollar, playing the euro on the long side now is a high probability trade will be buying down to 1.074 and take profit when the dxy reach 103.5Shortby lell03120
DXY SELL OFF INBOUNDThe last twice DXY pushed through closed above and failed to stay above the downwards trend. Dxy is now at the Downwards trend again. Forecasting The same as the last two attempts with a major DXY sell off Shortby Forex-Sean3
Dollar Index Bullish to $109! (UPDATE)The Dollar has been pumping like crazy since last night. If you look at the right hand chart of the 8H TF, the DXY is up 400 PIPS today alone! Our $109 target might come sooner than I expected if this bullish momentum carries on.Longby BA_Investments9
DXY: Local Correction Ahead! Sell! Welcome to our daily DXY prediction! We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 104.308 Wish you good luck in trading to you all!Shortby XauusdGoldForexSignals111
BoC Rates Decision Pending22nd October DXY: Currently at 104.30, expecting further upside, needs to break 104.45 to trade up to 104.80. NZDUSD: Sell 0.6015 SL 20 TP 40 AUDUSD: Sell 0.6635 SL 20 TP 65 GBPUSD: Sell 1.2950 SL 40 TP 130 (Hesitation at 1.2880) EURUSD: Sell 1.0760 SL 30 TP 80 USDJPY: Buy 152.70 SL 30 TP 130 (hesitation at 61.8% 153.30) USDCHF: Buy 0.8710 SL 15 TP 40 USDCAD: Buy 1.3860 SL 20 TP 60 or (counter trend) Sell 1.3920 or 1.3820 (need to hear hawkish BoC) Gold: Buy on retracement, or scalp up to 2760 and 2768by JinDao_Tai4