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DJ FXCM Index

USD/JPY -H1- Bearish FlagThe USD/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Bearish Flag 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 – 154.30 2nd Support – 153.52 🎁 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
EURUSD: Major breakout over the 1D MA50. Trend reversal.EURUSD turned neutral on its 1D technical outlook (RSI = 53.937, MACD = -0.002, ADX = 23.376) after a long time as it crossed today over the 1D MA50 for the first time in almost 4 months (last time on October 3rd 2024). In the meantime, it also crossed above the top of the Falling Wedge. The initial bullish signal was the 1D RSI Bullish Divergence on HL but now it is a confirmed buy, pointing to a long term trend reversal. Our target will be the 1D MA200, just under the 0.618 Fib (TP = 1.07600). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1
Why Tariffs & Why Now?Trump's tariffs aim to reshape international trade. They target imports from China, Mexico, and Canada starting February 1. The president sees tariffs as both a policy tool and a growing revenue stream. By imposing fees on foreign goods, he hopes to protect U.S. industries and encourage fair trade practices. U.S. manufacturers face an uneven playing field when compared to foreign counterparts like those in Mexico and China, due to differences in regulations and quality controls. For instance, China doesn’t have strict regulations like OSHA, which ensures worker safety and environmental standards in the U.S. Additionally, Chinese manufacturers often don't face the same level of quality control scrutiny that domestic manufacturing companies do. These disparities make it difficult to directly compare commodities, as U.S. manufacturers shoulder higher costs to comply with regulations, while foreign manufacturers benefit from fewer restrictions. As a result, domestic manufacturers and distributors struggle to compete on price, which is one of the reasons tariffs are viewed as protecting national strategic interest. Jamie Dimon, CEO of JPMorgan Chase, in a CNBC interview today from Davos, Switzerland, where the World Economic Forum is taking place said, “I would put in perspective: If it’s a little inflationary, but it’s good for national security, so be it. I mean, get over it.” Citation: www.cnn.com Tariffs are not new to Trump’s strategy. The trade war with China in 2018 established a framework for using tariffs to gain leverage. This latest round builds on that approach, with broader goals for economic influence. Trump has proposed a 10% tariff on Chinese goods. The reasoning ties to China’s fentanyl production and export practices. This decision follows conversations with China’s President Xi Jinping. Trump urged stricter measures against fentanyl production and shipping, linking it to broader trade concerns. American businesses already face up to 25% tariffs on many Chinese imports. These new fees would add further strain to supply chains, raising prices for consumers. However, it will promote domestic manufacturing and bulster this important sector of the economy. Mexico and Canada are also in Trump’s sights. He plans to impose 25% tariffs on goods imported from these neighboring countries. Canadian Prime Minister Justin Trudeau has expressed concerns saying that Canada supplies vital materials like oil, steel, and lumber. He went on to claim that the U.S. Tariffs could disrupt this trade and raise costs for American industries. Both nations aim to avoid direct trade conflict while protecting their economies from potential damage. Trump’s tariffs serve multiple purposes. They are designed to pressure trade partners, reduce deficits, and address what he views as unfair practices. Tariffs also play a role in domestic revenue generation. They are a tax on imported goods, and higher tariffs mean more money for government programs. Economists warn of potential downsides, including higher consumer prices. Some argue that the inflationary effects could complicate the Federal Reserve’s plans for interest rate cuts. Let's explore that further now. What does the data say concerning Tariffs? The ISM Manufacturing PMI (Purchasing Managers' Index) is a key economic indicator that measures the health of the U.S. manufacturing sector. Compiled through surveys of supply chain executives, it tracks new orders, production, employment, supplier deliveries, and inventory levels. A reading above 50 indicates expansion, while a reading below 50 signals contraction. As a barometer of economic activity, the PMI provides valuable insight into broader economic trends and business conditions. Since the second half of 2022, the ISM Manufacturing PMI has been in contraction territory, reflecting ongoing struggles in the manufacturing sector. Factors such as high interest rates, which increase borrowing costs for businesses, and weaker global demand have weighed heavily on production. Tariffs, while aimed at protecting domestic manufacturing, could potentially exacerbate these challenges by raising input costs, further pressuring profit margins. Critics argue that higher tariffs could contribute to inflation, limiting the Federal Reserve’s ability to lower interest rates and support broader economic growth. A strong dollar has also added to manufacturers' woes, echoing the environment during Trump's 2017 inauguration. A strong dollar makes U.S. exports more expensive and imports cheaper, reducing competitiveness for domestic manufacturers. In 2017, the dollar weakened after initial strength leading into the Trump inaguration, providing a temporary boost to manufacturing by making exports more affordable and imports pricier. A similar trend today could aid the sector, but its timing and magnitude remain uncertain, leaving manufacturers navigating a complex and challenging economic environment. A strong dollar is closely tied to domestic interest rates, as higher rates make U.S. financial assets more attractive to global investors. With the Federal Reserve’s benchmark interest rate, or Fed Funds Rate, at elevated levels, there is a strong incentive for multinational corporations and foreign investors to acquire dollars to purchase U.S. Treasuries. These assets offer a combination of safety and competitive yields, drawing capital inflows that drive up demand for the dollar. For instance, the U.S. 2-year Treasury yield currently sits at 4.295%, significantly higher than China’s 2-year yield of 1.26%. This wide yield differential makes U.S. Treasuries a far more appealing investment, strengthening the dollar in the process. The Fed’s success in controlling inflation has further bolstered the dollar's appeal. As inflation trends downward toward the 2% target, the relative stability of the U.S. economy enhances confidence in dollar-denominated assets. This dynamic creates a feedback loop: high interest rates attract foreign capital, which strengthens the dollar, making U.S. exports more expensive and imports cheaper. While this helps curb inflation, it poses challenges for domestic manufacturing by eroding competitiveness. This delicate balance underscores the complexity of managing monetary policy while considering its ripple effects on trade and the broader economy. One bright spot for domestic manufacturing is that it appears to have hit rock bottom after years of sharp declines. Similar to the transportation sector, which shows signs of recovery as reflected in the recent ATA tonnage index, manufacturing seems to be stabilizing. The worst may be over, and the sector is finally showing signs of life. New orders for manufacturing have moved back into growth mode, offering hope for a sustained rebound. This shift signals that demand is returning, which could provide a foundation for manufacturers to rebuild and capitalize on future opportunities.
TVC:DXY
by ZenMode
"GBP/USD Resistance Test with Potential Bearish Reversal Setup"Based on the chart: 1. **Resistance Zone**: The price has reached a strong resistance level around 1.2400–1.2450. This area could act as a barrier for further upward movement. 2. **Trendline Support**: There’s a clear upward trendline acting as dynamic support, indicating a bullish structure overall. 3. **Bearish Confirmation**: The chart suggests waiting for bearish confirmation before entering a short position. Signs could include a reversal candlestick pattern, a breakdown of a lower timeframe support, or momentum shifting downward. 4. **Potential Move**: If bearish confirmation occurs, a retracement toward the trendline near 1.2200–1.2250 could be expected. This setup favors patience, as entering without confirmation might expose trades to unnecessary risk if the resistance breaks.
Short
by TRADE_CENTER_1
Potential bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance. Pivot: 107.90 1st Support: 107.12 1st Resistance: 108.93 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
EUR/USD Falling Wedge The falling wedge pattern on the EUR/USD 12-hour chart has been confirmed, signaling a potential bullish breakout. This classic technical setup indicates a reversal from the prior downtrend, with buyers stepping in as price breaks above the upper resistance line of the wedge. Key Details: Pattern Confirmation: The breakout above the wedge resistance line confirms the pattern, with a retest further validating the upward move. Targets: Target 1: 1.0600 – Based on previous support-turned-resistance levels. Target 2: 1.0900 – The measured move from the height of the wedge added to the breakout point. This setup reflects the strength of technical analysis, with the falling wedge showing the market's tendency to reverse after sustained selling pressure. A strong support level provides the foundation for this bullish move.
Long
by Charts_M7M
US Dollar Bearish Trend: Key Insights Analyzed**Is the US Dollar Heading for a Bearish Turn? Key Insights to Watch** The US dollar has been a hot topic lately, and for good reason. With Donald Trump back in office and the motto being *AMERICA FIRST*, the currency’s trajectory is under scrutiny. As many of you know, the Trump administration has historically favored a weaker US dollar and lower interest rates. The rationale? A weaker dollar can boost exports, while lower rates are seen as a way to stimulate economic growth. This approach was a hallmark of Trump’s first term, and it looks like we might see a repeat. Another key factor to consider is Trump’s focus on increasing crude oil and natural gas production. Higher energy output could lead to lower energy prices, which would further support economic growth. However, this could also weigh on the dollar, as lower energy prices often correlate with a weaker currency. Looking back to 2016–2017, when Trump first took office, the US dollar initially surged but then reversed sharply in January 2017, marking the start of a prolonged bearish trend. Fast forward to today, and we’re seeing similar patterns emerge. The wedge formation on the Dollar Index suggests limited upside potential, and a break below key support levels—specifically 108 and 107.58—could confirm that a bearish trend is underway. If those levels fail to hold, the next area to watch would be the 107 to 106 demand zones. This scenario aligns with what we’ve been discussing over the past few weeks. If the Dollar Index breaks below these critical levels, it could signal the completion of the wedge pattern and the beginning of a new bearish phase for the US dollar. What does this mean for traders and investors? Keep a close eye on the Dollar Index and watch for those key support levels. A break below them could present significant opportunities, but it’s also a reminder to stay cautious and informed. What are your thoughts on the US dollar’s trajectory? Do you think history will repeat itself, or are there other factors at play? Let’s discuss in the comments! #USD #Forex #Trading #Economy #Trump #DollarIndex #Investing #Markets
TVC:DXYShort
by forex_forge
Head and Shoulders pattern on the 4-H, for DXY US Dollar IndexTVC:DXY This chart shows a clear Head and Shoulders pattern on the 4-hour time frame for DXY (US Dollar Index), which is a bearish reversal pattern. Here's a short analysis: Key Levels: The neckline is at approximately 108.000, acting as a crucial support zone. A breakdown below the neckline would signal further bearish momentum. Pattern Confirmation: Wait for a breakout below the neckline, followed by a possible retest, to confirm the pattern. Bearish Target: The measured move from the head to the neckline can be projected downward, aligning with the next key support levels around 107.000–106.500. Invalidation Zone: If price breaks above the right shoulder high (around 108.800–109.000), the bearish scenario could be invalidated. Would you like to explore specific trade setups based on this pattern? Here’s how you can structure trade setups based on the Head and Shoulders pattern visible in the chart: 1. Bearish Setup (Breakout Strategy) Entry: Enter a short position after a confirmed breakout below the neckline (108.000). Wait for a strong bearish candle close below this level. Stop Loss: Place the stop loss above the right shoulder high at 108.800–109.000, depending on your risk tolerance. Take Profit Targets: 1st target: 107.500 (psychological level and near-term support). 2nd target: 107.000 (projected move based on pattern). 3rd target: 106.500 (long-term support zone).
TVC:DXYShort
by TRADE_CENTER_1
USDJPY holding the MA50 (1d).USDJPY is trading inside a Channel Up since September. The price has tested, held and consolidated on the MA50 (1d) for the last 4 days (including today). This is a bullish signal, considering also that this is taking place near the bottom of the Channel Up. Trading Plan: 1. Buy on the current market price. Targets: 1. 164.350 (+6.20% rise). Tips: 1. The RSI (1d) is below its MA trendline, on a sideways pattern that is similar to the September 16th 2024 and December 3rd 2024 bottoms. Please like, follow and comment!!
Long
by TradingBrokersView
"Gold (XAU/USD) Approaching Key Resistance: Awaiting Bearish RevBased on the chart: - **Trend Analysis**: Gold is trading within an upward channel, indicating a bullish trend in the medium term. - **Current Price Action**: The price is nearing the channel's upper boundary, which may act as resistance. A potential rejection could lead to a correction toward the channel's lower boundary. - **Key Levels**: - Resistance: Around 2,760–2,765. - Support: The lower boundary of the channel is near 2,730. - **Bearish Scenario**: A confirmation of bearish reversal (e.g., bearish candlestick patterns or a lower high) could signal a move toward the midline or lower boundary of the channel. A break below 2,750 would strengthen the bearish case. - **Bullish Continuation**: If the price breaks above the upper channel resistance, further bullish momentum might drive it toward higher levels. It is advised to wait for a clear **bearish confirmation** at resistance before shorting to align with the channel's trend dynamics.
OANDA:XAUUSDShort
by TRADE_CENTER_1
DXY in 4H timeframehello dear traders U.S. Dollar Index (DXY) and the potential for a correction over the next month: Federal Reserve Monetary Policy: If the Federal Reserve signals a slowdown or pause in its rate hikes, it could put downward pressure on the DXY. Upcoming speeches or FOMC minutes will be key indicators to watch. U.S. Economic Data: Weaker-than-expected economic data, such as lower GDP growth, higher unemployment rates, or declining inflation, could suggest a less aggressive Fed policy, leading to a potential correction in the dollar. Global Economic Trends and Risk Sentiment: Increased risk appetite in global markets could drive investors toward riskier assets (like equities or emerging market currencies), reducing demand for the dollar as a safe-haven asset. Geopolitical and International Developments: Any easing of geopolitical tensions or positive trade agreements between major economies could diminish the dollar’s safe-haven appeal and contribute to a potential correction. Correlated Markets like Gold and Oil: Rising prices in gold or oil often correlate with a weaker dollar. If these assets strengthen, it could be a sign of dollar weakness. In summary, weaker U.S. data or dovish signals from the Fed, combined with a more favorable global economic environment, could increase the likelihood of a DXY correction over the next month.
TVC:DXYShort
by mehdi_kb
Here's a brief analysis of the chart for Gold Spot (XAUUSD) Here's a brief analysis of the chart for Gold Spot (XAUUSD) against the U.S. Dollar: The chart shows an uptrend with higher highs and higher lows, indicating a bullish market. There are several "break of structure" (bos) points where the price has broken previous resistance levels, suggesting strong momentum. The current price is around 2,730.530, with a breakout at this level hinting at a potential upward movement towards the projected price target of 2,762.140. The resistance level is approximately 2,740.000, while there's a support zone marked by a shaded area below the current price. Overall, the chart suggests that the gold price might continue to rise, making it a good time for bullish trades. *Short-term target*: 2,740.000 - This is the immediate resistance level. If the price breaks above this level, it could move towards the next target. 2. *Medium-term target*: 2,762.140 - This is the projected price target if the bullish momentum continues and the price breaks through the resistance at 2,740.000. Keep in mind that these targets are based on current market trends and technical analysis. It's always a good idea to monitor the market closely and adjust your strategy as needed.
OANDA:XAUUSDLong
by TRADE_CENTER_1
2
Ethereum (ETH/USD) on a daily timeframe, AnalysisThis chart illustrates Ethereum (ETH/USD) on a daily timeframe, where the price is consolidating within a broad horizontal range between approximately $2,000 (support) and $4,800 (resistance). A descending trendline from the most recent highs suggests bearish momentum, with price currently rejecting this resistance. Key observations: 1. **Volume Decline**: The declining volume indicates weakening market participation, which may support a continuation of the downward trend. 2. **Bearish Bias**: The chart suggests a potential move toward the lower boundary of the range ($2,000) if the descending triangle pattern plays out. Conclusion: If the price breaks below interim support (around $3,000), ETH could potentially test the $2,000 zone. A confirmed breakout above the trendline would invalidate the bearish scenario. BINANCE:ETHUSD
BINANCE:ETHUSDShort
by TRADE_CENTER_1