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J-DXY

Sell EURUSD Bearish ChannelThe EUR/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Flag pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.0986, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0935 2nd Support – 1.0909 Stop-Loss: To manage risk, place a stop-loss order above 1.1005. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Short
by KABHI_FOREX_TRADING
24
Dollar Index (DXY) levels to watch ahead of CPIShortly, US CPI will be released at 8:30am EDT or 13:30 BST. Headline CPI is expected to print +0.1% m/m and +2.3% y/y (vs. 2.5% last) Core CPI is seen at +0.2% or +3.2% y/y (unchanged from prev reading). The inflation data will need to be some distance away from expectations to change the course of the dollar, which has been on the rise in the last week and a half. Following last week’s formation of big bullish engulfing candle on the weekly chart, the dollar index has remined on the front foot so far this week, amid continued buying of the dollar thanks to that big beat on the NFP data. At the time of writing, the DXY was holding comfortably above the broken bearish trend and support in the 101.90-102.15 region. It was also above short-term support around 102.65-70 area, which is now the first line of defense for the bulls. They will need to defend this level to keep the bullish momentum alive. The next big area of resistance is still quite far around 103.65 to 104.00 (where the 200-day average meets a former pivotal zone), meaning there is further room for the dollar rally before it potentially fades. By Fawad Razaqzada, market analyst with FOREX.com
TVC:DXY
by FOREXcom
DXY Is Very Bearish! Short! Please, check our technical outlook for DXY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 102.931. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 101.163 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
TVC:DXYShort
by SignalProvider
3
Sell Gold (XAU/USD) Triangle BreakoutThe XAU/USD pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position Below the Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2638 Target Levels: 1st Support – 2616 2nd Support – 2605 Stop-Loss: To manage risk, place a stop-loss order above 2660. This helps limit potential losses if the price falls back unexpectedly. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
OANDA:XAUUSDShort
by KABHI_FOREX_TRADING
18
DXY Set for a Retracement Towards Sell-Side Liquidity - OTE FVGDXY is showing clear signs of a retracement to the daily sell-side liquidity level around 100.215. Price wicked into a higher timeframe (HTF) daily order block near 102.860, and then closed below, signaling bearish momentum. Keep in mind, upcoming high-impact news could affect price action. If price doesn’t respect the order block, it may react to the Fair Value Gap (FVG) around the optimal trade entry (OTE) zone. DYOR
TVC:DXYShort
by INSIDER_INTEL
DXY H1 - Short before longDXY H1 Very good morning all, here is our update on the dollar index, last week we saw bulls storm the markets following various different data points. The bull run has sustained and Mondays trading session saw indecisive price movement in the form of consolidation. We are looking like we want to break to the downside. Slowly, but hopefully surely we start to see price pull down towards our anticipated buy zone of around 101.850 price, this is where we would find support amongst a few timeframes, aligning with our confluence zone. Same bias as yesterday, until we see a break of this area of consolidation.
TVC:DXY
by Trade_Simple_FX
Dollar begins to rebound after NFP data The Fed's possibility of making another jumbo cut quickly faded following September's NFP report, which renewed confidence in the US job market. According to CME FedWatch, the likelihood of a 50bp cut at the November FOMC has dropped from 36.8% to 0%, while the probability of a 25bp cut has surged to 88.8%. It's worth noting that the likelihood of a rate freeze has risen from 0% to 11.2%. Due to this, the dollar bounced back swiftly as expectations grew that the Fed's dovish stance would not persist. DXY quickly breached the trendline and climbed above the 102.50 level. The price holds above both EMAs, sending out an apparent bullish signal. If DXY sustains support above both EMAs, the price could gain upward momentum toward the 103.30 resistance. Conversely, if DXY breaks the 101.60 support, where EMA21 coincides, the price may fall further to 101.10.
TVC:DXY
by inkicho_exness
GOLD BULLISH TO $2,706 (1H UPDATE)If you lot remember on my last analysis I said I see 2 options for Gold, on how it'll move up towards $2,700. One option was it carries on moving up slowly from CMP towards $2,7000 & the other option was to see a 3 Sub-Wave correction towards$2,600 - $2,590. This'll then be followed by Wave V to the upside. Right now I am leaning more towards option 2 & waiting for a downside retracement (Wave 4) before buying. This Wave 4 will liquidate all late buyers & trap new sellers, before Gold moves up again.
SAXO:XAUUSDLong
by BA_Investments
GOLD → The pressure from above is building. New lows...FX:XAUUSD stops testing local highs. Strong growth has stopped and the price is being squeezed between the boundaries of the narrowing consolidation. The exit of the price from the figure will be accompanied by an impulse... Last week changed the general fundamental background, gold traders are getting nervous and moving into a phase of profit taking on the back of strong economic data. Ahead is the FOMC meeting where further steps to regulate the US economy will be discussed. Technically, gold stops trying to update or test the highs, feeling pressure from above, but at the same time the price is probing the base from below, gradually updating the local lows. A gradually narrowing consolidation is forming on the chart and if there is a price exit from the figure, it will be accompanied by a strong impulse. Resistance levels: 2650, 2659 Support levels: 2632, 2623, 2613 I continue to hold that bears will continue to press the price, which will provoke the price exit downwards with further retest of 2623-2613-2600. But we need to keep an eye on the regulators' comments and the dollar's behavior... Rate, share your opinion and questions, let's discuss what's going on with ★ FX:XAUUSD ;) Regards R. Linda!
FX:XAUUSDShort
by RLinda
29
DXY US Dollar Internal Level Worth NotingOn an internal basis, the Buck has made it nicely into a potential wave iv high. The Alternate count is there in Purple, but with CPI coming up later this week, we do have some catalysts at hand that would fit nicely with the final wave v leg lower to complete the Wider wave-C and the higher degree wave-2. Obviously, the larger point is we are nearing the time a larger wave-3 much higher comes into picture, with end of year and the first Quarter the obvious turn points.
TVC:DXY
by HendoMacro