Another 48h - DXY Slightly Bearish Ahead Of US Inflation
2025/01/15
Another 48h - DXY Slightly Bearish Ahead Of US Inflation
“the last time dxy was over 110 in 2022 and/or 2002!
what does this play in historical context? today?”
115.110 : 2001/09/11 - High Before 911 (2001)
114.778 : 2022/09/28 - Annual High 2022
112.200 : 2001/09/17 - Low After 911 (2001)
109.068 : 2024/11/09 - last price action
107.348 : 2023/10/03 - Annual High 2023
106.517 : 2024/04/16 - Annual High 2024
102.979 : 2020/03/23 - High While Coronavirus Outbreak
100.157 : 2024/09/27 - Annual Low 2024
099.578 : 2023/07/14 - Annual Low 2023
094.650 : 2020/03/06 - Low While Coronavirus Outbreak
094.629 : 2022/01/14 - Annual Low 2022
These price actions do not play a significant role in day-to-day business - today also, if i`m not wrong - but they do in the historical context. And because we all have more or less memories and/or more or less all remember these two scenarios - 911 terror attacks and/or coronavirus outbreak - including feelings and emotions, they should more or less also serve as support zones and/or resistance zones. But not without ignoring day-to-day business, based on current new information from central banks, the US economy, and/or other correlations with other price actions.
“Now look at the ideology of American supremacy. It has a solid foundation in reality; namely, the United States is the dominant power in the world. The current government believes the United States ought to use this dominant position to impose its will on the world. That is the misconception. This approach is not what made America great. America did not arrive at its dominant position by imposing its will on the world.”
George Soros
110.176 : 2025/01/13 - todays new 2025 high
109.966 : 2025/01/02 - last annual high 2025
109.533 : 2025/01/02 - 1st annual high 2025
109.068 : 2024/11/09 - last price action
109.206 : 2025/01/03 - 1st high after 1st high 2025
108.583 : 2024/12/31 - annual high 2024
107.587 : 2024/12/20 - last low of 2024
107.348 : 2023/10/03 - annual high 2023
105.441 : 2024/11/06 - trump re-election day high
The first two highs of this year 2025 should be paid attention to - 109.533 points from 2025/01/02 and/or 109.206 from 2025/01/03. Because, if these are defended, it confirms the assumption that traders and/or investors want the
DXY higher. But we had 15 bullish calendar weeks of the last 16 calendar weeks! So one or two bearish weeks shouldn't be a problem? However, a price action below that - 109.533 points from 2025/01/02 and/or 109.206 from 2025/01/03 - even up to the annual high of 2024, from the last day of the year, on 12/31/2024 at 108.583 points, is not bad in the big picture. Like 107.587 points, from the 2024/12/20 (last low of 2024) and/or even 107.348 points, from the 2023/10/03 (annual high 2023) too. Yes, it may even make more sense in the long run - in a historical context. that the DXY fall bearish down around this price action area.In 2h US Inflation data will be published. Higher US inflation is expected - and is again not a fear issue! What do I mean by that? The stock markets
DJIA 
SP500 
NDX wants to continue to rise and WallStreet also wants lower US yields US10Y . What you can follow in all the market reports, commentators, analysts and, above all, TV reporters. Even the price action of the magnificant 7 stocks 
GOOG 
AMZN 
AAPL 
MSFT 
META 
NVDA 
TSLA are also around historical overbought ares. And this despite the fact that the whole stock markets are in historically overbought territories - close to all-time highs. But I don't want to downplay the bullish rally in the stock market, let alone the DXY . Nonetheless, I wouldn't be surprised if the price action in the DXY tends to go down in the next few days and weeks. But basically I still expect a run in the DXY in the historical context above 110 points and more - for thirst ear 2025. Because this was last left bearish downwards in June 2002 - before the Iraq war. And/Or also traded briefly bullishly for the first time in 2 decades in September 2022 - before the Ukraine War. I mean the 110 points price action in the DXY . The main cause of the US's problem - its costly war adventures! Which not only costs human lives - but also makes the majority of domestic US Americans (taxpayers and/or consumers) financially materially poorer. Due to the accumulated US budget deficit and/or also the US foreign trade balance. However, let's wait for the US Inflation data in the next 2 hours - enjoy the price action reaction and/or make your own conclusions! I will write my ones tomorrow.With best wishes
and good intentions:
Aaron
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