US Dollar Is Falling ImpulsivelyTrump tariffs and trade wars continue to dominate the market, and we have seen a strong sell-off in the US dollar recently. This reinforces the idea that the US may not win this battle easily, as some other countries have already responded and are trying to hit back. So it’s not a surprise that in this uncertainty stocks are also in a consolidation, but approaching a potential support.
Finally the USD is coming down, now breaking some key support at 106 which is an important indication for a resumption of a downtrend, especially if we consider that the current sell-off is sharp and can be third of a third wave.
So, a bearish trend can stay in play for much lower levels, mainly because Tariffs are delayed again, until April 2nd. Markets are stabilizing and recovering, while USDollar - DXY remains under bearish pressure with space for more weakness. Risk-On sentiment back?
DJ FXCM Index
gold on short bearish to reform back on buy.#XAUUSD price have dropped below 2900, which formed new pattern on bearish.
Now we await for another retracment below 2892 which holds strong sell. Target 2870-2865, stop loss 2906.
Below 2865 holds bullish reform because the candle moves shows a reversal to buy. Breakout above 2912 will continue bullish.
DXY looking for a final push higher before collapse.The U.S. Dollar index (DXY) has been on a strong decline recently, having even broken below its 1W MA50 (blue trend-line).
The multi-year trend is however bullish, a Channel Up pattern since the 2008 market bottom. With the use of the time Cycles tool, we can estimate when the next Bullish Leg starts, and that's not before 2027.
Based on the previous Channel Up corrections (red Channels) we should be expecting one final push towards Resistance 1, before a long-term decline and completion of the Bearish Leg.
As a result, as long as the 1W MA200 (orange trend-line) holds, we can take a low risk buy and target the 112.000 - 114.000 Zone.
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XAU/USD Bullish Flag (06.03.25)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Bullish Flag Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 2949
2nd Resistance – 2969
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DXY (Bitcoin - Alt Season - Bullish) everyone suddenly started posting DXY chart so I figured I should give my 2 cents on it as well.
People are finding hopes in DXY but main charts are still BTC.D and USDT.D
Monthly Chart has the whole picture
Weekly Chart (above) is what interests us
Breaking that Green Macro Trendline will be the 1st step towards success!
remember how yesterday everyone and their mothers were bearish except me?
This drama will continue, ignore the noise...
US DOLLAR Approaching Key Support – Will Buyers Step In?TVC:DXY is approaching a key support level, highlighted by strong buying interest. This area aligns with a trendline support level, increasing the likelihood of a bullish bounce if buyers step in.
If the price confirms support within this zone through bullish price action—such as long lower wicks or bullish engulfing candles—we could see a reversal toward 106.200, a logical target based on previous market structure and price behavior.
However, if the price breaks below this support zone and sustains, the bullish outlook would be invalidated, potentially leading to further downside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
EURUSD BUY...hello friends
As you can see, the price is correcting and we have identified its important supports for you.
Each of the supports is very important and we expect a reaction from each of them...
So here we can give you two suggestions:
1_React on any trade support (buy in low time and get fast)
2- In the 4 specified support areas, open a purchase transaction step by step, which is the same way we suggest to you.
*Trade safely with us*
EURUSD Channel Up testing 1D MA200 after 4 months!The EURUSD pair has been trading within a Channel Up since the January 13 Low and after the 1D MA50 (blue trend-line) bounce, the current Bullish Leg is testing the 1D MA200 (orange trend-line).
This is the first 1D MA200 test since November 06 2024 and happens to be at the top of the Channel Up with the 1D RSI almost overbought (70.00). These conditions create a low risk opportunity for a short-term Sell. Our Target is the bottom of the Channel Up and the 1D MA50 at 1.04500.
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US DOLLAR: Sell Opportunity after support breakTVC:DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target , which aligns with a major support level. Conversely, a breakout above the zone could signal further upside.
Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
USD/MXN: The Mexican Peso Weakens as New Tariffs Take EffectOver the last three trading sessions, the pair has risen by more than 2% in favor of the U.S. dollar as the threat of tariffs has become a reality. So far, President Trump has confirmed that the measures will take effect today, and there is currently no hope for another deadline extension.
The President of Mexico has traveled to the United States for an official meeting, but at this time, there are no expectations that the measure will be lifted in the short term. Given this, investors have determined that the U.S. dollar is likely the strongest currency to consider, especially if there is a potential economic slowdown in Mexico’s activity in the coming months.
Consistent Sideways Range
For now, USD/MXN remains in a sideways range, defined by a ceiling at 20.91 pesos per dollar and a floor at 20.07 pesos per dollar. The recent bullish momentum has once again tested resistance, and if upward pressure on the U.S. dollar remains strong, it is possible that the sideways channel could give way to an uptrend, which has remained dormant. It is important to note that the latest candlestick in the formation shows strong neutrality, highlighting the barrier imposed by the current resistance level.
ADX Indicator
At the moment, the ADX line has started an upward trend and is now above the neutral level of 20 on the indicator. This suggests that the average of bullish movements in recent trading sessions is becoming trend-defining. However, it is crucial that the ADX line continues to move away from the neutral level to confirm that buying pressure is strengthening in the short term.
Key Levels:
20.91: Major resistance, marking the upper boundary of the broad sideways range and acting as the most critical barrier for the latest bullish move. Breaks above this level could lead to new highs, ending the current consolidation phase.
20.43: Important support, aligning with the Ichimoku cloud barrier as well as the 50 and 100-period moving averages, highlighting the strength of this level. If the price falls below this point, the sideways range could extend further in the coming sessions.
20.07: Final support, positioned at the lowest price levels recorded in December 2024. If the price nears this zone, it could reinforce the bearish outlook, completely invalidating the long-term bullish trend.
By Julian Pineda, CFA – Market Analyst
gold on short bearsh#XAUUSD we await price for double breakout before reaching 2930.
Firstly we wait for double breakout at 2922, which target is at 2930 for bearish reversal. Stop loss 2910
2930 holds reverse based on past candle, now we await the third pattern to breakout above or within 2910 which holds bearish also.
FOREX Forecast UPDATES! Monday Mar 3rdIn this video, we will update Sunday's forecasts for the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.In this video, we will update the forecasts for the following FX markets:
GLOBAL RECESSION IS COMING!The chart provided depicts the **US Dollar Index (USDOLLAR)** on a monthly timeframe, highlighting a bearish outlook. The analysis suggests a significant downturn in the value of the US dollar, which could have profound implications for the global economy. Here's a breakdown of how this scenario could lead to a global recession:
Key Observations:
1. Lower High Formation : The chart shows a lower high forming after a previous peak, signaling potential weakness in the dollar's long-term trend. This aligns with bearish market structure, indicating that sellers are gaining control.
2. Fair Value Gap (FVG) : The annotation mentions that a "Monthly FVG" has been respected. FVGs are imbalances in price action often revisited before continuing the prevailing trend. In this case, the FVG rejection reinforces the bearish continuation.
3. Projected Downtrend: The red arrow projects a steep decline in the US dollar's value, suggesting a collapse or sharp devaluation over the coming months or years.
Implications for a Global Recession:
1. Weaker Dollar and Global Trade : As the world's primary reserve currency, a collapse in the US dollar would disrupt global trade and financial systems. Countries heavily reliant on dollar-denominated trade or debt would face increased costs and financial instability.
2. Debt Crisis in Emerging Markets: Many emerging economies hold significant amounts of US dollar-denominated debt. A devalued dollar could lead to capital flight, higher borrowing costs, and defaults, triggering financial crises in these regions.
3. Commodity Price Volatility : Since commodities like oil and gold are priced in dollars, a sharp decline in its value could lead to extreme volatility in commodity markets, further destabilizing economies dependent on imports or exports of these goods.
4. Investor Panic and Market Sell-Offs : A collapsing dollar would likely trigger panic in global financial markets. Investors may flee to other safe-haven assets like gold or cryptocurrencies, leading to sharp declines in equity markets worldwide.
5. Global Economic Contraction: With trade disruptions, financial instability, and market volatility, global economic growth would slow significantly. Central banks might struggle to stabilize their economies due to reduced policy effectiveness amid currency turmoil.
Conclusion:
The chart's bearish projection for the US dollar suggests that its collapse could act as a catalyst for widespread economic instability, potentially leading to a global recession. This scenario underscores the interconnectedness of currencies, trade, and financial markets in shaping economic outcomes worldwide.
EURUSD: Bearish Outlook For Next Week Explained 🇪🇺🇺🇸
With the Friday's turmoil in the White House,
EURUSD went down sharply.
The price broke and closed below a significant daily support.
It is a strong event that increases the probabilities that the market
will continue going lower.
Next support will be 1.032
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GBP/USD Trendline Breakout (Weekly Forecast Mar 3 - 7)The GBP/USD Pair on the H2 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Trendline Breakout 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 – 1.2425
2nd Support – 1.2316
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USD/JPY Channel Breakout (Weekly Forecast Mar 3-7)The USD/JPY pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 153.90
2nd Resistance – 155.60
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USD/CHF Wedge Breakout (Weekly Forecast Mar 3-7)The USD/CHF pair on the H2 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 0.9138
2nd Resistance – 0.9221
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