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NZD-USD Bearish Breakout! Sell! Hello,Traders! NZD-USD broke out of the Rising channel and then made A bearish breakout of the Horizontal key level too Around 0.0602 which is Now a resistance, then Made a pullback and retest And is going down again which Reinforces our local bearish bias And we will be expecting a Further bearish move down Sell! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by TopTradingSignals
1
Skeptic | DXY Crash Alert: Epic Bearish Triggers Unleashed!heyy, traders, what’s good? It’s Skeptic ! 😎 Let’s dive into a full-on breakdown of DXY—the Dollar Index is making waves, and I’m hyped to unpack it. The 98.801 level looks busted with a pullback in play, and I’m expecting more action. Stick with me to the end as we rip through Daily and 4-Hour timeframes to catch the vibe and nail those triggers! 🚖 Daily Timeframe: The Big Picture So, US inflation data came in softer than expected recently, but DXY still dumped. You might be like, “Wait, shouldn’t lower inflation juice up the dollar?” Nah, here’s the deal: markets move on expectations, not just news. When something grows in the markets, it’s ‘cause traders are betting it’ll keep growing—and vice versa. For DXY, traders are sniffing out a US economic slowdown and expecting the Federal Reserve to cut rates soon, which could spark higher inflation later. That’s the double-whammy driving DXY’s drop, despite the tame inflation numbers. This is the biggest secret in markets—nobody talks about it, but it’s what I learned in econ class and see every day: markets run on expectations. 📚 Major Trend: Per Dow Theory, we’re in a bearish trend as long as we’re below 98.801 . Game Plan: While under this level, hunt longs on USD pairs like EUR/USD. If we break above 98.801, chill and let the market reform before jumping in. 4-Hour Timeframe: Long & Short Triggers Now, let’s get to the 4-hour chart for the real action—our long and short triggers: Short Trigger: A break below support at 98.017 could keep the bearish vibe rolling. RSI hitting oversold would be a dope confirmation. 😤 Long Trigger: Since the major trend is bearish, longs are against the flow, so keep risk tight and take profits quick. The trigger is a break above 98.801, but the main long trigger is smashing through 99.244. So, 99.244 is your go-to for longs. 💪 Pro Tip: Shorts align with the trend, so they’re safer, but longs need extra caution—small positions, tight stops, and don’t get greedy! Final Vibe Check That’s the DXY lowdown, fam! Markets are tricky, but if you stick to reasoning over hype, you’ll stay ahead. No FOMO, no hype, just reason —that’s how we roll at Skeptic Lab. Wanna dive deeper into risk management or another pair? Let me know! 🙌 💬 Let’s Talk! If this analysis got you pumped, smash that boost—it means a ton! 😊 Got a pair or setup you want me to tackle next? Drop it in the comments. Thanks for vibing with me—keep trading sharp! ✌️
TVC:DXY
by SkepticLab
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