DXY Will Move Higher! Buy!
Here is our detailed technical review for DXY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 109.412.
Considering the today's price action, probabilities will be high to see a movement to 110.871.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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DXY
GOLD → A change in fundamental background. Strong resistanceFX:XAUUSD faces strong resistance at 2721 and enters correction phase, which also coincides with the change of fundamental background and economic data
Weakening geopolitical tensions in the Middle East have reduced demand for safe-haven assets such as gold, the US dollar and US bonds. In addition, expectations of stimulus measures from China improved market sentiment.
Despite this, the downward trend for gold may remain limited due to Trump's rather risky policies and expectations of two Fed interest rate cuts later this year. Overall, gold prices are likely to be volatile in the short term due to holiday market conditions and Trump's upcoming executive orders.
Technically, the price is inside a symmetrical triangle, which in turn is located inside an ascending channel. If the resistance is not broken, pressure will be applied to the support....
Resistance levels: 2713, 2717, 2721
Support levels: 2702, 2697, 2690
A retest of 2702 will increase the chances of support breakdown and further fall. It can happen after the resistance retest. I do not exclude a false breakdown of one of the mentioned resistance levels before a further fall.
Regards R. Linda!
Copper - Markets are waiting for Trump's new decisions!Copper is above EMA200 and EMA50 in the 4-hour timeframe and has left its descending channel. The downward correction of copper will provide us with the opportunity to buy it with the appropriate risk reward. If the upward trend continues, you can sell copper in the next supply zone.
In recent days, the value of the U.S. dollar has risen, and Treasury yields have also increased. These developments are primarily driven by expectations that the Federal Reserve will proceed cautiously with interest rate cuts this year.
President Trump’s promises to raise tariffs, reduce corporate taxes, and deregulate industries have sparked concerns about rising inflation, which was already persistent even before these policies were implemented. Meanwhile, the U.S. economy appears robust, with strong labor market performance in November and December, indicating that the Federal Reserve may not feel pressured to accelerate interest rate cuts.
According to projections, investors anticipate that interest rates will decrease by approximately 0.4% by December 2025. This expectation persists despite reports suggesting the new U.S. administration will implement tariff hikes gradually and December inflation data came in lower than expected.
The U.S. Tax Foundation estimates that if the U.S. imposes a 60% tariff on imports from China and a 20% tariff on imports from other countries, the average tariff rate would climb to 17.7%. This would represent the highest level recorded since the 1930s. Trump has pledged to impose steep tariffs on goods imported from various nations; however, economists have warned about the potential consequences of such policies.
In a recent Reuters survey, all participating economists predicted that the Federal Reserve would maintain interest rates within the range of 4.25%-4.50% during its January 29 meeting. Additionally, 61 out of 103 economists expect the rate to decrease to 4.00%-4.25% by March.
The survey results also reveal that 65 out of 102 economists believe the Federal Reserve will reduce interest rates no more than twice this year (compared to 41 out of 97 in the December survey who held this view). Moreover, 40 out of 49 economists surveyed by Reuters forecast that U.S. inflation in 2025 will likely exceed expectations.
Scott Bassant, the nominee for Treasury Secretary in President-elect Trump’s administration, described China’s economy as being in recession. Taking a more pessimistic tone, Bassant labeled China as one of the most unbalanced economies in the world, highlighting the country’s prioritization of military strength and efforts to maintain growth by exporting cheap goods to the rest of the world.
Bearish drop?US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support.
Pivot: 109.59
1st Support: 107.46
1st Resistance: 111.96
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Will GOLD Break the yearly High this week???We are still bullish on Gold and looking for more breakouts to happen. Price looks like it is currently establishing a Low for the week. We will look it do its think and look for it to show some signs of support before getting active. if we start making Lower Lows we will hold off and wait for breaks in structure. But overall I think there are some good moves to be caught this week cause we could be moving into full volatility.
XAUUSD 19/01/25This week, our analysis on XAU continues with the same bullish bias from last week. After a clean bullish shift last week, we anticipate gold to maintain its upward momentum. As always, Orion guides us on the trading direction, and we follow accordingly.
Currently, we are targeting lows as potential buy zones and highs as key levels to trade into. With recent developments, including Trump becoming president and the current moves in gold, another bullish run appears to be the most probable scenario.
Stick to the plan, trade from the lows into the highs, and always manage your risk effectively.
Trade safe, follow Orion, and stay disciplined.
EURUSD 19/01/25
Here's the revised version without bullet points:
This week marks a special occasion as we celebrate the birthday of our head mentor!
Heading into the week, we maintain the same bias as last week: focus on the lows being taken out, while the highs serve as key entry areas. The game plan is straightforward. Look for a solid pullback to sell into the lows, or wait for the lows to be run and then target a pullback to current highs or newly formed highs yet to emerge.
Our bias remains bearish, so patience is key. Wait for a run on the highs before taking action. There’s no need to overcomplicate things—if you’ve been following Orion, everything is already in place.
Trade safely, trust Orion, and always stick to your risk management plan.
Dollar Index Bullish to $111.350!While many people are turning bearish on the Dollar right now & targeting long term downside targets, I remain bullish on the DXY in the mid term. We have 2 zones from where bullish momentum will continue👇🏻
Zone 1: Current Market Price @$109📈
Zone 2: Supply Zone @$107-106📈
DXY on high timeframe
"Concerning DXY, the price is currently in a critical zone on the monthly timeframe. I foresee two scenarios:
1. If the price closes above the mentioned zone on the daily timeframe and forms a (FVG) on lower time frames, it could present a good opportunity to buy DXY after completing its pullback.
2. If the price fails to close above this zone and only sweeps liquidity, I will be observing candle formations and considering a sell-off towards the 107 zone."
DXY - ANALYSIS👀 Observation:
Hello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Dollar Index (DXY) with you.
Based on what I see on the chart, I expect the Dollar Index (DXY) to reach the resistance zone of 110.668 to 110.877 . After a small pullback, I anticipate it will start its bullish movement upwards.
If the 107.750 level breaks downward and consolidates on the 1H timeframe, a further decline could follow.
📈 Expectation:
After a minor pullback, the DXY is likely to initiate a bullish movement and continue its upward trend.
💡 Key Levels to Watch:
Resistance Zone: 110.668 - 110.877
💬 What’s your view on the Dollar Index this week? Share your thoughts in the comments below!
Trade safe
Buy (DJTUSDT) 🚨 Trade Signal Alert: Trump Coin 🚨
📈 Entry: $0.000382
🎯 Target: $0.000650
🛑 Stop-Loss: $0.000325
⚖️ Risk-Reward Ratio (RRR): 4.7
Analysis:
This trade is based on key technical levels combined with geopolitics/fundamentals. I anticipate strong momentum and a potential pump by tomorrow.
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DXY - OVERBOUGHT = Risk On in Near Term = GainsThe DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion.
On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment.
Stonks, BTC, & Crypto are looking prime for a risk on environment & substantial gains - for at least the short to medium term - if the DXY sells off.
Either way, it's looking like the DXY will need to mean revert in the near term.
BULLISH.
EUR/USD Poised for Growth: Key Levels and Targets Ahead! (READ)By analyzing the EUR/USD chart on the three-day timeframe, we observe that the price is still trading around the 1.030 level, and I expect an upward move from this pair soon. With the Dollar Index likely to decline further, this could support EUR/USD's growth.
As mentioned in the previous analysis, the key upside target remains 1.044, while the significant demand levels are at 1.020, 1.005, and 0.99. Keep an eye on these levels for potential opportunities!
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
The Main Analysis :
GOLD → Correction after a false breakout. What's next?FX:XAUUSD reaches a key resistance that stops a strong rally. A false breakdown triggered a correction, which could be a chance for comfortable buys.
The gold price stabilized around $2,725 after a three-day climb, remaining under profit taking pressure. Strong data on China's economy failed to inspire the market as real estate concerns and possible U.S. tariffs dampened optimism.
Expectations of Fed rate cuts continue to support gold despite mixed data on the US labor market and retail sales. The Fed chief's statements about possible rate cuts in the first half of the year are adding support to the metal.
Next week, traders' attention will be focused on US housing and industrial production data.
Support levels: 2700, 2697
Resistance levels: 2712, 2721
Global and local trend is bullish. Counter-trend correction is being formed. Technically, the correction may reach the zone of interest 2700 - 2697, from which we should expect a rebound, for example, to 2712, or even the recovery of the bullish trend.
Regards R. Linda!
XAUUSD - Gold reached above $2700!Gold is above the EMA200 and EMA50 in the 1-hour time frame and is in its ascending channel. If gold climbs to the top of the channel, we can look for positions to sell it at the target of $2,700. The loss of the midline of the channel will lead to the continuation of this corrective process.
Gold is expected to continue its growth trajectory in 2025, although this growth may not match the impressive performance seen in 2024. Juan Carlos Artigas, the Head of Research at the World Gold Council, discussed the reasons behind this trend and outlined three possible scenarios for gold’s future in an interview with Kitco News.
Artigas attributed gold’s record-breaking performance in 2024, which included 40 new highs, to the metal’s dual role as an investment asset and a consumer commodity. He stated, “Gold is an extremely effective risk management tool. Investors have turned to it due to rising market volatility and geopolitical risks.”
For 2025, Artigas predicted three distinct scenarios for the gold market:
• Limited growth with low volatility: This would occur if expectations for interest rates, inflation, and economic growth remain stable.
• Downward pressure: If interest rates remain high or rise further, gold’s investment appeal could diminish. Additionally, weak economic growth might lower consumer demand.
• Significant growth: In the event of heightened market volatility and geopolitical risks, investors would likely view gold as a safe haven, driving prices higher.
Artigas cautioned that government debt could emerge as a “black swan” event in 2025. He explained that rising global government debt levels and difficulties in securing financing pose a significant risk to the global economy.
He further emphasized that gold’s performance against various currencies highlights its role as a hedge against inflation and currency devaluation. For example, gold’s returns against the Turkish lira reached 50% in 2024 due to the lira’s depreciation against the US dollar.
Additionally, Artigas pointed to increased demand from central banks and Western investors in the second half of 2024. This surge in demand was attributed to lower central bank interest rates and reduced opportunity costs for holding gold.
Among all commodities, gold remains one of the few assets that analysts at BMO Capital Markets are optimistic about for 2025. They predict that central banks will continue purchasing gold to reduce reliance on the US dollar. Furthermore, BMO expects gold to remain a dynamic asset, serving as an effective hedge against inflation, geopolitical uncertainty, and stock market risks.
Next week, Donald Trump will be sworn in as the next President of the United States. Meanwhile, the global community is bracing for the new administration, which has announced plans to impose tariffs to promote and protect domestic policies under the “America First” agenda.
BMO analysts believe the Trump administration will be “inherently” inflationary. Their report noted, “The new administration has highlighted two clear policies that will dominate Trump’s second term. The first is that 2025 will be a year of tariff increases. Since tariffs function as a domestic tax on consumption borne by consumers, the economic consensus is that tariffs are inherently stagflationary.” They added, “The second key policy involves continued increases in government spending. Trump won the election on promises of tax cuts for corporations and individuals. According to an analysis by the Committee for a Responsible Federal Budget, these promises are expected to add approximately $7.75 trillion to the US national debt between 2026 and 2035.”
BMO analysts also noted that rising inflationary pressures will likely lead to a decline in real interest rates, eroding the appeal of short-term bonds, which were a favored risk-free option in the previous year.
Brent - Peace returned to the Middle East?!Brent oil is above EMA200 and EMA50 in the 4-hour time frame and is moving in its upward channel. On the ceiling of the ascending channel, we will look for oil selling positions. In case of a valid break of the $80 range, we can see the continuation of the downward trend. On the other hand, within the demand zone, we can buy with a suitable risk reward.
Brent crude oil prices have surpassed $80 per barrel. This price increase continues to be supported by declining U.S. crude oil inventories and uncertainties surrounding Russian oil supplies following new U.S. sanctions.
The International Energy Agency (IEA) has stated that the latest U.S. sanctions have the potential to significantly disrupt Russia’s energy exports. These sanctions have blacklisted over one-fifth of the tanker fleet transporting Russian oil. Last week, 160 sanctioned tankers transported over 1.6 million barrels per day of Russian oil in 2024, accounting for approximately 22% of the country’s maritime exports. However, the IEA has maintained its current outlook on Russia’s oil supply and will update it based on future developments.
Meanwhile, reports indicate that Israel and Hamas have reached a ceasefire agreement, though Israel’s Prime Minister’s Office stated that details are yet to be finalized. Israeli Prime Minister Benjamin Netanyahu thanked U.S. President-elect Donald Trump for his role in the Gaza agreement and announced plans to meet him in Washington soon. Netanyahu also expressed gratitude to U.S. President Joe Biden for aiding in the hostage agreement. A senior Hamas official confirmed the group’s commitment to the ceasefire proposed by mediators.
In the oil market, attention remains focused on uncertainties surrounding Russian oil supply after the announcement of stricter U.S. sanctions. Additionally, declining U.S. crude oil inventories provide further support for prices. According to the Energy Information Administration (EIA), U.S. commercial crude oil inventories fell by 1.96 million barrels last week to under 413 million barrels, the lowest level since March 2022. This decline was primarily due to a decrease in crude oil imports by 304,000 barrels per day and an increase in exports by 1 million barrels per day. In refined products, despite a 1.6% drop in refinery utilization, gasoline and distillate inventories rose by 5.85 million barrels and 3.08 million barrels, respectively.
The Colonial Pipeline, which transports about 1.5 million barrels per day of gasoline from the U.S. Gulf Coast to the East Coast, is expected to remain closed until Friday following a leak earlier this week. This has provided limited upward support to gasoline prices.
The IEA and OPEC have both released their monthly oil market reports. The IEA warned that new U.S. sanctions on Russia’s energy sector could lead to supply disruptions. Additionally, the agency revised its global oil demand growth forecast upward due to colder weather in the Northern Hemisphere. The IEA estimates that global oil demand in 2024 will increase by 940,000 barrels per day, 90,000 barrels per day higher than the previous estimate. For 2025, demand is expected to grow by 1.05 million barrels per day.
OPEC, in its monthly report, maintained its 2025 oil demand growth estimate at 1.45 million barrels per day. For 2026, the group’s initial forecast predicts an increase of 1.43 million barrels per day. OPEC also kept its 2025 supply growth estimate for non-OPEC+ countries unchanged at 1.11 million barrels per day and expects a similar increase for 2026. OPEC’s production in December rose slightly to 26.74 million barrels per day, while overall OPEC+ output fell by 14,000 barrels per day to 40.65 million barrels per day due to reduced production in Kazakhstan. OPEC data indicates that demand for OPEC+ crude in 2025 will reach 42.5 million barrels per day and rise to 42.7 million barrels per day in 2026.
Iraq’s Oil Minister Hayan Abdul-Ghani told Reuters that Iraq plans to sign a major oil and gas deal in Kirkuk with BP by early February. He noted that this deal will surpass the scale of the major 2023 agreement with TotalEnergies.
Short XAUUSD/Gold (2718-23)Short Signal Alert
We are looking to ride a potential short in this channel, as the daily chart shows a clear triple top formation. This setup aligns with expected liquidity rejection, and we anticipate the move to work in our favor.
Entry: 2718-23
Take Profit Levels: 2690, 2675
Stop Loss: 2731
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