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DJ FXCM Index

GOLD TOW SENARIO1. Spot Price Around $2630: Gold is fluctuating near the $2630 support zone. This level is critical as it could determine the direction of the next move. 2. Scenario if $2630 Breaks: If the price breaks decisively below $2630 with strong volume, it could extend the bearish trend towards $2600 or even lower. The next support levels to watch are $2600 and $2580. 3. Scenario if $2630 Holds: If gold fails to break below $2630 and rebounds, it could move upward towards its immediate resistances at $2650, $2663, and potentially $2670. A break above $2670 could trigger a bullish rally targeting $2700. OANDA:XAUUSD
OANDA:XAUUSD
by TRADE_CENTER_1
"EUR/USD: Rebound Before Deeper Decline"The EUR/USD currency pair finds itself in a delicate phase of local correction, driven primarily by the temporary softening of the US dollar. This correction comes amidst a backdrop of complex global dynamics and heightened market sensitivity to news-driven events. The currency pair appears poised to retest local highs in the short term, yet traders should approach this opportunity with a heightened sense of vigilance. Today’s economic calendar is packed with high-impact events, and the fundamental backdrop remains skewed heavily toward negativity for the euro. These factors could amplify volatility and result in sharp, unpredictable price movements. ### **Macro and Fundamental Overview** From a macroeconomic perspective, the euro faces a host of challenges that continue to undermine its strength. Persistent global headwinds, such as the lingering effects of Trump-era policies, including tariffs targeting European exports, have placed sustained pressure on the region’s trade dynamics. Meanwhile, Europe’s monetary policy stance remains dovish, with the European Central Bank leaning toward maintaining or even reducing already historically low interest rates. Such a backdrop has solidified the downtrend in EUR/USD, both on a broader and local scale. The US dollar, despite its temporary pullback, remains supported by its role as a safe haven in times of uncertainty. Factors such as a resilient US labor market, better-than-expected GDP figures, and the Fed’s measured approach to monetary policy keep the dollar attractive relative to the euro. The interplay of these forces suggests that the euro’s upward momentum during corrections is likely to remain limited and short-lived. ### **Technical Analysis: False Breakouts and Resistance Retests** On the technical front, the EUR/USD pair is exhibiting signs of a potential false breakout below key support levels. Such patterns often serve as a precursor to temporary price recoveries, as market participants test resistance levels before resuming the dominant trend. In this context, the price action suggests that a retest of nearby resistance levels, coupled with bearish reversal patterns, could pave the way for renewed selling opportunities. The most immediate resistance levels to monitor are 1.0606, 1.0650, and 1.0760. These zones are likely to attract selling pressure, especially if bearish sentiment is reinforced by today’s news events. Conversely, support levels at 1.0517, 1.0440, and 1.0330 remain critical. A decisive break below these levels could accelerate the pair’s descent, signaling the continuation of the broader downtrend. ### **News Sensitivity and Bearish Triggers** Given the heavily saturated news cycle, traders should remain particularly attentive to market reactions to economic releases and geopolitical developments. Key announcements, such as US labor market data, European inflation figures, or updates on trade negotiations, could act as catalysts for sharp price swings. If bearish triggers dominate, such as unexpectedly hawkish commentary from the Fed or further downgrades to Europe’s growth outlook, the pair is likely to face renewed selling pressure, particularly at resistance zones. ### **Trading Strategy and Outlook** In this environment, a prudent trading approach involves waiting for confirmation of bearish reversal signals at resistance levels before considering short positions. Patience is key, as the market may temporarily attempt to test or even breach resistance before resuming its downward trajectory. Traders should also consider using tight stop-loss levels to mitigate risk, given the potential for heightened volatility. To summarize, while the local correction in EUR/USD presents a short-term opportunity to test resistance levels, the overarching bearish narrative remains intact. The interplay of weak euro fundamentals, dovish monetary policy, and a generally strong US dollar points to further downside potential. Monitoring key technical levels, understanding news-driven volatility, and adopting a disciplined approach to risk management will be crucial for navigating the next phase of this downtrend.
Short
by lonelyPlayer0
1
A Brief 57-Year History of the DollarThe year 1971, when the Bretton Woods system ended, marked a period where the dollar's value followed a volatile trajectory of ups and downs—until 2008. The global financial crisis was another turning point, and since then, the dollar has been steadily appreciating. This trend is expected to continue, at least until another significant pivot point emerges. Will such a critical turning point occur during Trump’s second term? That remains to be seen. However, one thing is clear: the dollar seems poised to keep gaining value.
INDEX:DXYLong
by The_Quantastic
1
Sell GBP/USD Triangle PatternThe GBP/USD pair on the M30 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 1.2650 Target Levels: 1st Support – 1.2585 2nd Support – 1.2550 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_TA_TRADING
9
Sell EUR/USD Bearish FlagThe 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 1.0500, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.0442 2nd Support – 1.040 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_TA_TRADING
14
EURUSD Inverse Head and Shoulders to 1.08500EURUSD has formed an Inverse Head and Shoulders pattern, confirming the bottom of the long term bearish sequence. The right shoulders is about to be completed and there is no better time to buy than now. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.08500 (marginally under the 2.0 Fibonacci extension) Tips: 1. The RSI (1d) crossed above its MA on Nov 25th, confirming the transition from long term bearish to a bullish trend. This supports our 2.0 Fib target. Please like, follow and comment!! Notes: Past trading plan:
Long
by TradingBrokersView
4
USD/JPY: Fundamental Analysis and Potential UpsideUSD/JPY: Fundamental Analysis and Potential Upside 1️⃣ Monetary Policy Divergence: The Federal Reserve's hawkish stance continues to bolster the USD, driven by strong economic data such as robust GDP growth and resilient labor markets. Inflation pressures remain persistent, keeping rate cuts off the table. The Bank of Japan’s dovish policies—including negative interest rates and yield curve control—keep the yen under pressure. Although recent inflation data has sparked speculation about potential shifts, the BOJ remains committed to its accommodative stance for now. 2️⃣ Interest Rate Differentials: The widening gap between U.S. and Japanese interest rates attracts investors to the USD, encouraging carry trades that favor the dollar over the yen. 3️⃣ Rising U.S. Treasury Yields: Higher U.S. bond yields make the dollar more attractive, amplifying upward momentum in USD/JPY. 4️⃣ Risk Sentiment: Global markets currently exhibit improved risk appetite, which weighs on the safe-haven yen. However, shifts in geopolitical or financial stability concerns could reverse this dynamic. 📊 Outlook: USD/JPY's upward trajectory is fueled by strong fundamentals, but traders should remain vigilant for signs of BOJ intervention or major shifts in global risk sentiment. Like and follow for more insights! 🌟
Long
by alakorn_FX
XAU/USD (Gold) - H1 - Triangle BreakoutThe XAU/USD pair on the H1 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 2652 Target Levels: 1st Resistance – 2711 2nd Resistance – 2748 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:XAUUSDLong
by KABHI_TA_TRADING
10
BTC sell around 95. target 91.500 If you're considering a **sell around 95,000 USD** for BTC with a **target of 91,500 USD**, this strategy implies you expect the price to decline further. Here's how you can refine your trade plan: BITSTAMP:BTCUSD --- ### **1. Entry Zone Analysis** - **Sell Trigger**: Selling at **95,000 USD** suggests it's significant, likely near a minor resistance or after a pullback. - Confirm with: - **Candle Patterns**: Look for bearish patterns like shooting stars or bearish engulfing around 95,000. - **Volume**: A spike in selling volume near this level supports a bearish case. --- ### **2. Downside Target: 91,500 USD** - **Support Zone**: Ensure that 91,500 corresponds to a prior support level, such as: - A key Fibonacci level (e.g., 61.8% or 78.6% retracement). - Previous consolidation or bounce area. - Check for overlapping support from moving averages (e.g., 50 MA or 200 MA on lower timeframes). -- **3. Indicators for Confirmation** - **RSI**: If it's trending downward or approaching oversold territory (below 50 but above 30), it confirms bearish momentum. - **MACD**: A bearish crossover and divergence with price action would reinforce the move. - **Volume Analysis**: Increasing sell volume during breakdowns confirms strength in the move. -4. Risk Management** - **Stop-Loss**: Place a stop-loss above the recent swing high or resistance zone (e.g., 95,500 or 96,000) to cap losses. - **Risk-to-Reward**: With a target of 91,500 and an entry around 95,000, you're aiming for a 3.5% move. Ensure your stop-loss level offers a favorable risk-to-reward ratio (e.g., 1:2 or better). --- 5. Monitor Key Levels** - If BTC breaks below 93,000 or 92,500, these could act as interim support. Be prepared for a bounce or adjust your stop-loss to lock in profits. --- Would you like a deeper analysis or assistance in charting these levels visually?
BITSTAMP:BTCUSDShort
by TRADE_CENTER_1
USD/JPY - H1 - Bearish Flag The USD/JPY pair on the H1 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 150.80, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 149.20 2nd Support – 148.50 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_TA_TRADING
19
Euro plummets amid tariff threats and political turmoilEUR/USD has dropped over 0.6% to $1.04607, reflecting ongoing geopolitical tensions and economic uncertainty in the Eurozone. In November, the euro experienced a 3% decline, its worst monthly performance in over a year, raising concerns about parity with the US dollar. Trump's recent threats to impose 100% tariffs on countries moving away from the US dollar have further pressured the euro. Meanwhile, the European Central Bank's dovish signals, including potential rate cuts of up to 50 basis points in December, add to the euro's challenges. On the other hand, the US dollar index has risen nearly 1% to 106.7, bolstered by strong economic indicators like the ISM Manufacturing PMI. As traders digest these developments, the EUR/USD may continue to face downward pressure. Share your insights on how these factors could shape the pair's trajectory in the coming weeks.
by tastyfx
EURUSD: Inverse Head and Shoulders buy signal.EURUSD is bearish on its 4H technical outlook (RSI = 38.974, MACD = 0.000, ADX = 37.510) as it continues to trade near the bottom of the long term Channel Down. At the same time its low made contact with the bottom of the Bearish Megaphone. Technically that formed the Head of an Inverse Head and Shoulders. The standard target for this pattern is the 2.0 Fibonacci extension. That is our target (TP = 1.08630). 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
Bullish Catalysts for EUR/USDTechnical Analysis Monthly Chart: The weakening of the U.S. Dollar (DXY) creates a favorable environment for bullish movements in EUR/USD. On the monthly chart, the euro is positioned near a significant support zone that aligns with a strong buying area. With the dollar's liquidity grab above 107.348 signaling further downside potential, EUR/USD is well-positioned for upward momentum. Daily Chart: The daily chart confirms a strong bullish structure, with higher highs and higher lows indicating sustained upward pressure. The recent weakness in the DXY aligns with this bullish trend, reinforcing the potential for continued euro strength. This week's price action suggests buyers remain firmly in control, and the technical setup supports a move toward higher targets. Fundamental Analysis Impact of the U.S. Dollar Weakness: The euro stands to benefit significantly from the current bearish outlook on the DXY. With the Federal Reserve showing hesitancy toward further rate cuts due to inflation concerns and strong labor market conditions, short-term volatility is likely. However, any signs of labor market weakening or inflation stability could lead to aggressive rate cuts, further weakening the dollar and supporting EUR/USD upside. Key Catalysts: This upcoming week, Nonfarm Payrolls (NFP) and unemployment rate data are expected to provide critical directional cues: Expected Increase in Unemployment: If the unemployment rate increases as forecasted, this would add downward pressure on the DXY, fueling strong upside potential for EUR/USD. Nonfarm Payroll Volatility: Regardless of the outcome, NFP data typically injects significant volatility into the market. Even in scenarios where unemployment data does not meet expectations, the euro could still reach key targets due to the strong technical bullish structure and high demand at monthly zones. Summary and Outlook Technical and Fundamental Alignment: EUR/USD is in a prime position for further upside given: The bearish outlook on the DXY, signaling continued weakness in the U.S. Dollar. The bullish structure on the EUR/USD daily chart, which supports continued buying pressure. Key catalysts this week, including unemployment and NFP data, which are likely to favor euro strength under expected scenarios. Key Factors to Monitor: The actual results of unemployment and payroll data. Fed commentary and market sentiment on potential rate adjustments. Any unexpected geopolitical or macroeconomic developments affecting the eurozone or the U.S. Price Expectations: Short-Term Target: The bullish structure supports a move toward a significant monthly resistance zone where strong buy-side liquidity resides. Medium-to-Long-Term Target: If dollar weakness persists and unemployment increases, EUR/USD could see a strong bullish move extending beyond this resistance, possibly forming new highs. With the DXY weakening and structural alignment in favor of the euro, buying EUR/USD remains a favorable strategy this week, supported by both technical and fundamental factors.
Long
by Wiiso
EURUSD Once in a year buy opportunity about to run out.Last week (November 25, see chart below) we gave an ultimate buy call on the EURUSD pair as the price pierced through the 1.5 year Channel Down and immediately rebounded: As you can see, that was the absolute bottom of the pattern, its technical Lower Low, which happened last time more than 1 year ago, on October 03 2023. The 1-week rally that followed is on a pull-back today as the new week opened and based on the previous two Lower Lows, this might be the final one, i.e. the last buy opportunity we will get before multi-week rally. More specifically and as far as the October 2023 bottom is concerned, we are on the 1W RSI rebound similar to the week of October 23 2023. At the same time, this matches being on the 1W MACD's 2nd straight pink histogram bar. This indicates that this could be the last red week before the rally. Our Target remains intact at 1.08765, exactly on the 0.618 Fibonacci retracement level (similar to the November 2023 Fib test). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
USD/CHF - H4 - Wedge BreakoutThe USD/CHF pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Days. FX:USDCHF Key Points: Sell Entry: Consider entering a short position around the current price of positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 0.8689 2nd Support – 0.8619 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_TA_TRADING
17
Dollar Index (DXY) Analysis - A Deeper Correction Approaching?Dollar Index (DXY) Analysis - Is a Deeper Correction Approaching? Since September 2024, the Dollar Index (DXY) has risen significantly, gaining 8.2%, marking its highest appreciation in months. This upward momentum has been fueled by positive economic indicators, increasing demand for dollars. Recently, the DXY reached the 107.00 mark, its highest resistance level since 2022. However, after hitting this point, the DXY exhibited a false breakout, suggesting potential buyer fatigue. Currently, the price has dipped slightly to 105.93, with the possibility of further retracement towards the 38.2% Fibonacci level at 104.92 before continuing its upward trend. Buying Potential If the price returns to the range between 104.92 (38.2% Fibonacci) and 103.96 (50% Fibonacci) and shows a bullish reversal, it could indicate a continuation of the upward movement, presenting a buying opportunity. Key confluence points for the DXY include: Horizontal support around 104.92, aligning with the Fibonacci retracement. The overall upward trend since September. The 50-period moving average on the daily chart, which may coincide with this support. These factors suggest that if the price reaches the support zone, buyers could re-enter, pushing the price back towards recent highs around 106.97, potentially targeting 108.00. Potential Targets First Target: Retest the high at 107.00. Secondary Target: Extend to 109.30, contingent on a confirmed breakout. Alternative Bearish Scenario If the price fails to hold at 104.92 and drops below the 50% retracement at 103.96, the index may decline further. In this scenario, the next significant support is at 102.99, aligning with the 61.8% Fibonacci retracement. This decline would indicate a deeper correction while still within a generally bullish framework. However, breaching this level could negate the short-term bullish outlook and push the index down to 100.00, a key psychological support level. Warning Signs for a Possible Sell Opportunity A daily close below 103.96, suggesting weakening buyer support. A sustained drop below 102.99, indicating a shift in the prevailing trend. Summary The DXY currently exhibits a predominantly bullish structure but is undergoing a natural correction after hitting a crucial resistance level. The area between 104.92 and 103.96 presents a potential buying opportunity, provided there are clear signs of a price reversal. Monitoring the specified support levels is crucial, as significant breaches could undermine the bullish scenario and lead to deeper declines. Disclaimer 74% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.
MARKETSCOM:DOLLARINDEX
by Marketscom