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EUR/USD Long – Targeting Rebound from 1.1000EUR/USD is currently trading near the 1.1000 support area, a key psychological level that has historically acted as a strong support. This setup presents an opportunity to go long, aiming for a rebound from this level. Technical Analysis: • Support Zone: The 1.1000 area has acted as a significant support level, with previous price action showing strong buyer interest around this zone. • Risk Management: Place a stop-loss slightly below the 1.1000 level to protect against a potential breakdown. A reasonable stop could be around 1.0980, just below the recent lows. Trade Setup: • Entry: Enter long around the current price, near the 1.1000 support level. • Target: The initial target for this long setup is around 1.1050, where the next resistance level is likely to be tested. A more aggressive target could be around 1.1100, depending on market conditions. • Stop-Loss: Set the stop-loss at 1.0980 to manage risk effectively. Market Sentiment: • Bullish Potential: The market may see a rebound from this key level, especially if USD weakness continues or if there is a shift in broader market sentiment. • Key Levels to Watch: Monitor the 1.1020 level for early signs of bullish momentum. A break above this level could signal the continuation of the upward move. This trade focuses on capitalizing on the potential rebound from a key psychological level, with clear entry, target, and risk management strategies. Stay alert to market conditions and adjust as necessary. Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Long
by AR33_
2
GBPJPY | Trade ideaOn Tuesday, the yen gained support as Bank of Japan Governor Kazuo Ueda maintained a hawkish stance, indicating the central bank might raise rates further if the economy meets expectations. Ueda’s comments were part of a document presented to a government panel led by outgoing Prime Minister Fumio Kishida, where he detailed the BOJ’s July policy decision. His remarks emphasized that despite global market volatility, partly triggered by the BOJ's July rate hike, Ueda remains committed to raising borrowing costs if the bank’s projections are realized.
Long
by DynamicCapital-FX
DXY: Key Levels to Watch Ahead of CPI Data ReleaseWith the CPI data release on the horizon, the DXY is hovering near critical levels. Traders should keep a close eye on the price action as volatility could spike. The red and green lines on the chart mark important zones that may influence the market’s next move—whether it's a breakout or a reversal. Curious how these levels might react to the news? Drop a comment below, and follow for more insights as the data approaches! *Disclaimer: This is not financial advice. Always trade responsibly!*
CAPITALCOM:DXY
by Remora_traders
GBP/USD : Possible Fall Ahead ? (READ THE CAPTION)By analyzing the GBP/USD chart on the 4-hour timeframe, we can see that the price has reached a demand zone and has also created a Fair Value Gap (FVG) near its current level, which I expect to be filled in the short term. After that, I anticipate further decline in GBP/USD. The potential targets for this drop are 1.31060, 1.30870, and 1.30330. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Short
by ArmanShabanTrading
6
DXY (Dollar) Shorts from 101.600 back downMy outlook for the dollar is focused on scouting a bearish continuation. A 7-hour supply zone has emerged, and I'm looking for the price to enter this zone to trigger a bearish reaction, potentially creating a new leg to the downside. If the supply zone is broken, I would then anticipate the price rallying higher into a more premium supply area. However, if the price heads down first, I expect the 9-hour demand zone to be violated, allowing for a better buying opportunity from the lower demand zone. P.S.: Be cautious and trade with care, as PPI and CPI data are due this week. Keep an eye on Forex Factory for updates.
TVC:DXYShort
by Hassan_fx
DXY Levels to Watch Ahead of NFPLooking at the chart of the US Dollar Index (DXY), the world’s reserve currency remains in a well-defined downtrend despite last week’s bounce. The near-term reaction in the US dollar will likely follow the likelihood of a 25bps rate cut from the Fed (bullish) vs. 50bps rate cut (bearish) as outlined in the chart above, but ultimately, the dominant downtrend and potential for consistent interest rate reductions from the Federal Reserve in the coming year could keep the greenback under pressure as we move through the fall regardless. -MW
TVC:DXY
by FOREXcom
DXY / US DOLLAR INDEX🔍 DXY (U.S. Dollar Index) Analysis: 4-Hour Timeframe 📉 The DXY chart on a 4-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • BUY DATE - September 12, 2024, 04:00 - Green Line: This time indicates a potential local low, offering favorable conditions for accumulating DXY or entering long positions. • BUY DATE - September 19, 2024, 00:00 - Green Line: Another potential local low, suggesting favorable conditions for buying. • BUY DATE - October 7, 2024, 06:00 - Green Line: This time marks another potential local low, indicating favorable conditions to enter long positions. When working with this 4-hour timeframe, remember to evaluate these movements within the context of the broader market trend, considering higher timeframes for a more global perspective. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
TVC:DXYShort
by trushkovskiy
DXY (1h timeframe )hello dear traders this price acton for dollar curency index .... this is my personal opinion.... fundamental reason: While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk of a prolonged slowdown in 2025, said Kenneth Akintewe, the company’s head of Asian Sovereign Debt. Is the economy already weaker than the headline data suggests and should the U.S. Federal Reserve already be easing? Akintewe questioned on CNBC’s “Squawk Box Asia.” In the U.S. on Friday, data showed the personal consumption expenditures (PCE) price index, the Federal Reserve’s favored measure of inflation, ticked up 0.2% last month, as expected. The data seems to back a smaller rate cut...
TVC:DXYShort
by mehdi_kb
2
FULL DXY ANALYSISHello my wonderful community ! it’s been a while I posted. 
I really appreciate you guys for reviewing my charts Kindly like and comment on how you feel the market will go , I’m open to learn and communicate with other hardworking traders on here. The colors for each line/zone Monthly - Yellow Weekly - Orange Daily - Green 4H - Red 1H - Purple My Monthly chart view: Ever since 2010, price has been in an uptrend by making higher highs and higher lows. Price keeps breaking major resistance areas and turning them to dynamic support areas and respects the EMA 50 anytime it makes a correction. Take note as price is trending upwards and respecting the channel constructed. My Weekly chart view:
Going into the weekly TimeFrame, it is truly clear that price entered a range from 2017 until 2022 before the bulls came in fully in early 2022 and made an Uptrend and breaking the resistance with bullish candles before exerting a correction and respecting the newly formed support. My Daily chart view:
I also noticed a range forming due to this same correction between the areas marked in red.
Notice the double top indicating a reversal after the break of the neck line. After the invalidation of the Red daily trend line by the break with bearish engulfing candle, The bears take full control driving the price down to an area of Demand.
Price is in a downtrend as this is due to the correction observed in the bigger timeframe To play safe i feel i can capture a buy setup after the break and retest of the upper red resistance but that will take forever.
 My 4H chart view:
I capitalized on this trade by executing based on my trading strategy with a nice sell setup after the break of the neckline with a risk: reward of 1:2.
So I’ll go further and look for buy Setups as we are in this same 4H time frame 
 Price currently approached an Area of Demand (this area also serves as a major support zone and has been respected multiple times )and bulls seems to be coming in strong with rising momentum.

 My 1H chart view:
Sometimes we just have to go further with the believe that the market will reveal its hand , so I’m patiently waiting for buy setups as price is gaining momentum with the EMA 14 crossing over the EMA 50 and price still respecting the area of Demand and major support zone.
TVC:DXYLong
by newschooltrader