📈 Most Likely Probability: Neutral-to-Slightly Bullish Bias
🔍 Supporting Fundamentals:
Stronger-than-expected NFP: Suggests economic resilience → supports dollar strength.
Fed holding rates steady (but no dovish pivot): Keeps real yields relatively attractive → supports demand for USD.
Tariff/trade calm: Reduces tail risk, but also reduces safe-haven flow → slightly neutral.
📉 Limiting Fundamentals:
Calmer global risk sentiment and improved outlook in emerging markets may reduce dollar inflows.
No fresh hawkish push from the Fed = limited fuel for strong breakout.
📊 Technical Outlook (DXY near 100.00):
Key Support: ~99.70–100.00 (9-day EMA + psychological support)
Key Resistance: ~100.50–101.00 zone
Momentum: Slight recovery attempts with weakening bearish momentum
If the DXY holds above 99.70 and breaks above 100.50, a move toward 101.00 is likely next week. Failing to hold 99.70 could open a pullback toward 99.00.
🔍 Supporting Fundamentals:
Stronger-than-expected NFP: Suggests economic resilience → supports dollar strength.
Fed holding rates steady (but no dovish pivot): Keeps real yields relatively attractive → supports demand for USD.
Tariff/trade calm: Reduces tail risk, but also reduces safe-haven flow → slightly neutral.
📉 Limiting Fundamentals:
Calmer global risk sentiment and improved outlook in emerging markets may reduce dollar inflows.
No fresh hawkish push from the Fed = limited fuel for strong breakout.
📊 Technical Outlook (DXY near 100.00):
Key Support: ~99.70–100.00 (9-day EMA + psychological support)
Key Resistance: ~100.50–101.00 zone
Momentum: Slight recovery attempts with weakening bearish momentum
If the DXY holds above 99.70 and breaks above 100.50, a move toward 101.00 is likely next week. Failing to hold 99.70 could open a pullback toward 99.00.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.