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DXY

EUR/USD Technical Analysis: Bearish Momentum with 2.04R ShortEUR/USD Technical Analysis: Bearish Momentum with 2.04R Short Opportunity Current Market Structure The EUR/USD is displaying a clear bearish trend across multiple timeframes, with price action showing lower highs and lower lows since late 2024. Analysis of the charts reveals: Daily timeframe: Sustained downtrend since October 2024, with price currently testing resistance near 1.0380 4-hour timeframe: "Confirmed" bearish alignment with both the 8 EMA and 21 EMA positioned below the 55 EMA 1-hour timeframe: Similar bearish configuration, reinforcing the short bias EMA System Confirmation The proprietary EMA System Status indicator demonstrates strong bearish conviction: 240 Signal: Bearish 240 Trend: Bearish Alignment: Confirmed This triple confirmation suggests high-probability conditions for short entries. Key Technical Levels Support Levels: 1.0300: Psychological round number 1.0230: Recent swing low and profit target 1.0200: Major psychological support Resistance Levels: 1.0400: Key resistance zone with 200 EMA confluence 1.0430: Stop placement zone above recent swing high 1.0500: Major psychological resistance Correlation Analysis Supporting the bearish thesis, the DXY (Dollar Index) shows a complementary bullish structure with: Confirmed bullish alignment on the 4-hour timeframe Recent break above the 107.00 resistance level Bullish momentum in MACD This inverse correlation adds significant weight to the EUR/USD short setup. Trade Parameters Entry Strategy: Short at 1.03632 Stop Loss at 1.04287 (65.5 pips) Profit Target at 1.02296 (133.6 pips) Risk/Reward Ratio: 2.04 Risk Management: 1% account risk allocation 0.5 lot position size $500 risk per trade (on $50,000 account) Potential profit: $1,019.85 Technical Confluence Factors Several factors align to support this trade setup: Price rejecting at 55 EMA resistance on multiple timeframes MACD showing bearish momentum and alignment Weekly and daily session boundaries reinforcing resistance zones Recent higher timeframe rejection of the 200 EMA Market Timing Considerations The European and US economic calendars should be monitored for: ECB monetary policy statements Federal Reserve commentary US dollar-impacting economic data releases Conclusion The EUR/USD presents a high-probability short opportunity with a favorable risk-reward ratio of 2.04. All key technical indicators align bearishly across multiple timeframes, with strong correlation confirmation from the DXY. This setup fits the criteria for a "Confirmed" signal within our trading system, meeting our standards for trade execution. Trade management will follow our established protocol with potential scaling out at interim support levels and trailing stops implemented once price moves beyond the 1:1 risk-reward ratio point.
Short
by FXCapitalClub
DXY Is Going Up! Long! Please, check our technical outlook for DXY. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 107.566. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 108.420 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYLong
by SignalProvider
5
GBPUSDHello Traders! 👋 What are your thoughts on GBPUSD? This currency pair has been moving within an ascending channel, but after reaching the channel’s upper boundary, we saw a bearish reaction and price reversal. Currently, the price has also broken below the support zone. We expect that after a pullback to the broken level, the price will drop further, at least to the next identified support level. What’s your outlook on this pair’s next move? Do you expect further downside? Don’t forget to like and share your thoughts in the comments! ❤️
Short
by HAMED_AZ
13
GBP/USD Trendline Breakout (Weekly Forecast Mar 3 - 7)The GBP/USD Pair on the H2 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 1.2425 2nd Support – 1.2316 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Short
by KABHI_TA_TRADING
9
USD/JPY Channel Breakout (Weekly Forecast Mar 3-7)The USD/JPY pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 153.90 2nd Resistance – 155.60 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Long
by KABHI_TA_TRADING
5
USD/CHF Wedge Breakout (Weekly Forecast Mar 3-7)The USD/CHF pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 0.9138 2nd Resistance – 0.9221 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Long
by KABHI_TA_TRADING
3
"Bearish Pressure on DXY: Key Levels to Watch"🔹 Technical Analysis of U.S. Dollar Index (DXY) - 4H Chart ▪️Market Structure & Trend Analysis: - The chart shows a clear downtrend in the U.S. Dollar Index (DXY), with a series of lower highs and lower lows. - The price is trading below the 200-period moving average (blue line) and 50-period moving average (red line), reinforcing bearish sentiment. 🔹Key Levels: 1. Strong Resistance Area ( 107.300 - 107.400) - This is a significant supply zone where sellers have aggressively pushed the price down in the past. - The price recently tested this area and failed to break higher, indicating strong resistance. 2. Resistance Level for Further Downside ( 106.700 - 106.800) - The price is struggling to stay above this level, which has now become a short-term resistance zone. - If price stays below this level, further downside is likely. 3. Target Area ( 105.453) - This is the next major support level, where price could find buying interest and potentially reverse or consolidate. ▪️Market Expectation: - Bearish Continuation: - If price remains below the 106.700 resistance level, it is likely to continue downward towards the 105.453 target zone. - Invalidation of Bearish Bias: - If price breaks and closes above 107.400, it could signal a trend reversal or deeper retracement. 🔹Conclusion: - Bias: Bearish - Trading Plan: Look for sell opportunities below resistance zones and target 105.453 for a potential move lower. 😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
TVC:DXYShort
by SOAM_PRO_TRADER
Daily Market Outlook: BTC, DXY & Gold Analysis (#8)The market has been highly reactive following yesterday’s GDP and Unemployment Claims report. The DXY strengthened sharply, reaching a key resistance at 107.474. Previously, this level acted as a strong support and has now turned into a major resistance zone. DXY Analysis We need to consider multiple scenarios for the dollar index: Most Likely Scenario: If DXY gets rejected from 107.474, we can look for short positions below 107.063, anticipating a continuation of the secondary downtrend in the daily timeframe. Alternative Scenario: If DXY breaks above 107.474, it could continue strengthening toward 107.767, confirming that the correction is over and resuming the major uptrend. Gold (XAU/USD) Analysis Gold dropped below 2878.87, entering a price correction phase. Key support levels to watch: 2841.25 (Fib 50%) 2811 2790 (Strong demand zone) Short Position Plan (1H Timeframe) If gold finds support at 2855 (35% Fib), and later breaks it, a short entry could be considered. If the drop continues, the next major short opportunity is at 2841.89 in the 4H timeframe. Long Position Plan A confirmed breakout above 2879.26 will indicate strength, making it a valid long entry point. Bitcoin (BTC/USD) Analysis BTC has been experiencing significant downside pressure, aligning with the February 26 analysis where I highlighted the potential for a price correction within its major uptrend. As mentioned earlier, losing 80-82K support would shift the market bias to bearish, favoring short positions. If you shorted BTC from 85K, this could be a great area to secure profits. Currently, BTC lacks a clear structure, so I’m waiting for more confirmation before taking new positions. What’s Next for BTC? If BTC closes below 80K, we will need to reassess the market structure and update our strategy accordingly. If BTC holds above this level, there is still a chance for a recovery and potential upside continuation. However, if 80K is lost, the recovery process could take much longer than expected. Final Thoughts Stay patient and wait for clear market structures before entering trades. If you’re already in positions, manage them carefully based on these levels. I’m Skeptic , and I’m grateful to be on this journey with you all. Trading is tough, but growing together makes it worthwhile. Stay profitable and see you tomorrow! 🚀💡
TVC:DXY
by SkepticWise
5
DXY Correction Plays Out – Is a Reversal Next? Since the end of January, I have been anticipating a correction in the TVC:DXY , with a target around the 106 support level. This correction has unfolded as expected, with the Dollar Index touching 106 on Monday, followed by another test and reversal yesterday. A key observation is that since the early February spike, the DXY has been trading within a falling wedge—a pattern that often signals a potential reversal. What’s Next? ✅ Bullish confirmation would come with a daily close above the 106.60–106.70 zone. If this happens, we could see a move up to 108.50, a key resistance level. ✅ Interim resistance sits at 107.30, which could also act as a potential target for bulls. Trading Implications: If the Dollar Index confirms an upside breakout, it could present selling opportunities in FX:EURUSD , FX:GBPUSD , FX:AUDUSD , and TRADENATION:NZDUSD .
TVC:DXYLong
by Mihai_Iacob
1
USDX, DXYUSDX price is approaching the support zone of 106.45-105.36. If the price fails to break through the main support zone of 105.36, it is expected that there is a chance that the price will rebound. On the contrary, if the price can break through the level of 105.36, it will have a negative impact on the dollar. 🔥Trading futures, forex, CFDs and stocks carries a risk of loss. Please consider carefully whether such trading is suitable for you. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
EIGHTCAP:USDXLong
by Serana2324
8
XAG/USD - Wedge Breakout (Weekly Forecast Feb 24-28)The XAG/USD Pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position around Trendline Of The Pattern. Target Levels: 1st Support – 31.25 2nd Support – 30.67 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
OANDA:XAGUSDShort
by KABHI_TA_TRADING
11