USDX trade ideas
$VARA - VERY BULLISH SCENARIOS!!! ON $MOBILE $HELIUM ALSO!!!$VARA Update!
This is not meant to be financial advice and I am not your financial advisor. These are my views and my opinions.
Today I mostly go over $VARA levels and both bullish and bearish scenarios.
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4.13 Billion Staked up from 4.12
2.799 Billion Circulating Supply up from 2.77
-Etherium Bridge Still on Test Net
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-VARA live on BANXA for buys only no swaps.
-Not on BrainDex (yet)
Gold, Nasdaq & USDI am comparing the relationship between Gold, the Nasdaq and the US Dollar.
Since 2000, here are approximate returns for each;
Gold up 550%
S&P up 254%
DOW up 364%
Since 2020:
In the past 5 years, this shifted slightly with Gold up about twice as much as the Nasdaq.
Since 2024:
In the past year, Gold has outpaced the Nasdaq 5:1 on gains.
__________________________________________________
The dollar had three notable high gain/peak years in;
1985
2002
2022
Those peak dollar years occurred when the market was in a correction phase, selling off before the next rally, and followed a bull market rally. After each of those peak dollar years, a market rally occurred that lasted from a few months to a few quarters with substantial gains. Typically when the dollar is strong, gold prices have been suppressed. If the dollar weakens, it may allow Gold to continue a rally. We may have already seen that market rally, which just peaked in December 2024 after the dollar peaked in 2022.
If the dollar continues to lose strength, Gold prices will likely continue to rise.
from Bloomberg 4 days ago:
"A dollar gauge is on track for its worst performance during the first 100 days of a United States presidency in data going back to the Nixon era, when America abandoned the gold standard and switched to a free-floating exchange rate."
The correlation between Gold and Equities lacks any data to support, especially considering the past 20 years of market data. Gold's relationship with the markets is an algorithm that includes the US Dollar. If the dollar is strong, we see Gold prices suppressed. When the dollar is weak, we see Gold prices unlocked and free to make gains. That's where Gold is now.
Forecast:
The only information available to base a forecast for Gold pricing would be the US Dollar based on the economic relationship of the USD and Gold. Since the dollar has pulled back slightly and appears to be in a slightly downward trajectory, it is expected that Gold prices will continue to gain, although likely at a slower rate.
Since the Dollar peaked in 2022, followed by a bull market for several quarters after that event, the Nasdaq is likely headed further into correction territory followed by a consolidation phase before beginning another bull market. The Nasdaq is currently in the second annual financial quarter of a pullback that will likely last several more quarters. This market correction began in December 2024.
DXY 4H Chart AnalysisThe U.S. Dollar Index is currently consolidating near the 99.400 level, within a broader bearish trend. Price is sitting just above key H4 support (~99.000), making this a critical decision zone.
Bullish scenario: Rejection from 99.000 could lead to a retracement towards 100.000, and potentially 102.500 if momentum holds.
Bearish scenario: A break below 99.000 would confirm further downside, possibly targeting 97.500 and beyond.
Traders should wait for clear price action confirmation before committing to a direction.
DXY Bullish move| 🔹 Pair / TF | DXY, 1 h → Lower Timeframes |
| 🔹 Bias | Bullish (buying potential support) |
📊 Key Levels
Level: ~99.117 (orange shaded zone)
Role: Recent Swing Low / Potential Support Zone
Level: ~98.744
Role: Lower boundary of the potential support zone
Level: ~99.727
Role: Potential Resistance (previous swing high)
Level: ~100.116
Role: Higher Potential Resistance
🚨 Trigger
Price has recently touched the ~99.117 - ~98.744 orange shaded zone, which appears to be acting as a potential support area.
There are signs of potential rejection from this zone, indicated by the recent upward price action.
Look for bullish confirmation signals on lower timeframes within this zone.
✅ Confirmation
Observe lower timeframes (e.g., 15m, 5m) for bullish reversal patterns such as double bottoms, bullish engulfing candles, or pin bars forming within the support zone.
The volume indicator at the bottom shows increasing buying volume within the support zone, suggesting potential accumulation.
Look for the Stochastic or RSI on lower timeframes to show oversold conditions followed by a bullish crossover or break above a downward trendline.
No significant bearish momentum or strong selling volume evident as price tests the support zone.
🎯 Entry & Stops
| 🔶 Entry Zone | ~99.117 – ~98.800 (within the potential support zone) |
| 🔴 Stop-Loss | Below the lower boundary of the support zone, potentially around ~98.600 - ~98.500 to allow for some buffer |
Place a Buy Limit or Buy Stop order within the entry zone, depending on your preferred entry style and confirmation.
Risk: Determine your position size based on your risk tolerance and the calculated stop-loss in pips.
🎯 Profit Targets
| Target | Level | Pips (approximate) | RRR |
| :----- | :--------- | :----------------- | :--------- |
| T1 | ~99.727 | ~60-70 | 1 : 1 or better |
| T2 | ~100.116 | ~100-120 | 1 : 1.5 or better |
Scale out:
Consider taking partial profits at T1.
Let the remaining position run towards T2, potentially adjusting your stop-loss to breakeven or in profit.
⚙️ Trade Management
Once the trade is in profit (e.g., reaching a certain pip gain or T1), consider moving your stop-loss to breakeven to protect your capital.
Monitor price action around T1. If there are strong signs of selling pressure, consider closing the remaining position.
Pay attention to any potential resistance levels or significant selling volume as price approaches your target levels.
🔑 Rationale
Price is testing a recent swing low area, which has the potential to act as support.
Increasing buying volume within the support zone suggests that buyers are stepping in.
Bullish reversal patterns on lower timeframes would confirm the rejection of the support zone.
Aiming for the previous swing high (~99.727) and the higher potential resistance (~100.116) provides logical profit targets.
⚡ Highlight:
This is a bank-order-flow style fade, looking to buy at a potential support zone after a recent pullback, anticipating a reversal and continuation of potential upward momentum. The increasing buying volume within the support zone is a key observation.
DXY Will Go Higher! Buy!
Please, check our technical outlook for DXY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 99.288.
Considering the today's price action, probabilities will be high to see a movement to 100.788.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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DXY Bears in Control ,Will 99.000 Hold or Will 97.600 Be Tested?The US Dollar Index (DXY) remains under strong bearish pressure after failing to reclaim the 100.000 🔼 resistance zone. Price is currently consolidating below 100.000, maintaining a clear bearish structure of lower highs and lower lows.
Currently trading at 99.175, with
Support at: 97.600 🔽
Resistance at: 100.000 🔼, 101.500 🔼, 102.812 🔼
Bias:
🔼 Bullish: A breakout and retest above 100.000 could open room for a move toward 101.500 and 102.812.
🔽 Bearish: As long as price stays below 100.000, sellers remain in control. A breakdown below 97.600 could trigger further downside.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
can DXY change its trend after marking 3rd HLCurrently, the price is a bit away from touching the lower trendline, which is acting as a support level as it will be its latest HL. After that, it would be interesting to know how the dollar moves because, as technical analysis on the chart suggests, DXY should move upwards to maintain that parallel channel. Tariff event, war situation and couple of other major events will also play significant role in determining the next possible movement of dollar
Is this the start of a massive dollar rally? Learn how .Price action (falling wedge breakout)
Institutional concept (BOS – Break of Structure, 78.6% Fibonacci retracement entry zone)
Liquidity zones (4H LQ and key levels marked in green)
Higher targets (institutional supply zones highlighted in cream boxes around 104-107)
DXY April 27 Week AnalysisDXY
April 27 Week Analysis
I suspected for Price to seek higher prices early in the week, not reflecting how much a magnet those key lows could be for Sundays delivery. Let that be lesson on the greed of manipulation of Prices piercing short that took place. WOW.
Notice how Price did seek inefficiencies from April 2022 to rebalance and how the bodies of the candles came right to my suspected key equal lows. WOW.
Notice how the wicks did the damage and the bodies stoped right on the FVG respecting the top side with its delivery.
Tuesdays range and energetic force to rally away from the .618 level and rebalance the NWOG.
After taking the key sell side not surprise Price took buy side on Wednesdays delivery and Prices wick came to CE of Tuesdays candle.
Thursday internal range taking minor sell side and rebalanced inefficiencies. Price creates equal lows.
April 25 Delivery
Price took buy side in Asia, expanded lower to create intermediate equal lows in London. In NY Price took those equal lows and closed in consolidation creating equal lows in a discount on previous range.
Note that Price closed above Thursday’s opening gap.
Note Price current range is delivering to a premium and Fridays closed in a discount previous range.
Note Price created a lower low on Monday.
Previously Sunday's deliveries have been met with manipulated volatility. I wait for Sundays delivery to occur and read what the chart gives me.
Logic says that Price just took minor buy side tapped the .618 and it might seek those clean equal lows. And as I already stated until Sunday delivers I wont speculate until after that. I do like the equal highs for Asia and London though.
Buckle up big week. Stay calm. Trade what the chart prints. Stick to your model.
DXY USD INDEX FORECAST Q2 W18 Y25DXY USD INDEX FORECAST Q2 W18 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
✅ U.S. dollar index is a measure of the value of the dollar against a basket of six foreign currencies.
✅The currencies are the Euro, Swiss franc, Japanese yen, Canadian dollar, British pound, and Swedish krona.
💡Here are some trade confluences📝
✅ Break an d close below July 2023 key 100.00 levels.
✅ Foresee a pull back to, weekly imbalance, daily order block, daily 50ema, weekly order block and or weekly 50 ema.
✅ Awaiting to identify a significant break of structure bullish to use the DXY as confluence for our trading week 18 of Q2 toward key points of interest mentioned above.
✅ Forecasting continued bearish pressure long term.
✅Initially bullish outlook however upon price turn around. DXY to break 100.000 level again.
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
Pairs to look out for -
EURUSD
USDCHF
USDJPY
USDCAD
GBPUSD
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
U.S. DOLLAR INDEX (DXY) | MACRO OUTLOOKWe’re currently trading at $99.58 — down 8.2% from the recent high around $114.77. Looking at this 12M chart, we see DXY failing to hold its breakout above the previous cycle highs.
🟣 Key Historical Levels:
Last major high: 1985 peak
Previous structure high: $121.18
Long-term support zones: $88.25, $75, and $72.81
🔻 Macro view suggests we could be entering another multi-year corrective phase if momentum doesn’t reclaim previous highs.
What’s next? Will the dollar revisit deeper support — or surprise us with a reclaim and breakout?
👁 Stay alert. This chart isn’t just about the USD — it impacts commodities, equities, emerging markets, and crypto.
#DXY #USDollar #MacroTrading #LongTermOutlook #DollarIndex #TechnicalAnalysis #SmartMoneyMoves #RecessionWatch
DXY: Next Move Is Down! Short!
My dear friends,
Today we will analyse DXY together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 99.185 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 99.910..Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
DXY 4H TIME-FRAME ANALYSIS Okay, here's a description of the image:
The image shows a 4-hour price chart for the DXY (US Dollar Index).
Key points:
Downtrend: The index is generally in a downtrend.
Support and Resistance: A resistance zone is visible around 110.175, and a support level is around 97.921. Another resistance level is near 102.925.
Recent Price Action: The price has recently broken below the 102.925 level and is currently fluctuating around 99.581.