DXY
EURUSD Reaches Monthly Overbought RSI Last Seen in 2020Unlike the DXY, EURUSD has broken above the upper boundary of its 17-year descending channel. However, further upside may be capped as the DXY retests its 17-year support and monthly RSI retests 2020 overbought levels.
A clean break and hold above 1.1830 could open the path toward 1.20 and 1.24. On the downside, if the pair pulls back below 1.17, support levels at 1.14, 1.12, and 1.10 may come into play — aligning with the former channel resistance, now acting as support.
- Razan Hilal, CMT
Early impulsive action got me active! This was a move I was looking to happen yesterday but got slapped trying. It just rocks out like that some time and you have to wait for the next opportunity. In this move early and looking for it to continue if it can hold well above yesterdays high. Trailing stop with every 50 ticks cause anything can happen turning price around and I dont want to give to much back.
Dollar Index AnalysisDollar Index has been in continuous sell for last 5 Months. Has hit the demand zone and giving a pull back and short term trend in daily and 4H charts. From the 4H charts we can see that it is in short term uptrend move and has pushed higher and it is giving a pull back which is visible.
Bullish bounce off major support?US Dollar Index (DXY) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 97.14
1st Support: 96.74
1st Resistance: 98.08
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.
DXY: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse DXY together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 97.054 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
EURUSDHello Traders! 👋
What are your thoughts on EURUSD?
Following its recent rally, EURUSD has reached a key resistance zone, which also aligns with a trendline. The pair failed to break above this area and has been rejected.
Given the weak momentum and bearish reaction, we do not expect a breakout at this stage.
Instead, we anticipate some consolidation around the resistance, followed by a downward move toward the specified support level.
Don’t forget to like and share your thoughts in the comments! ❤️
USDCAD Holds Rebound Above 1.36In parallel with the DXY’s rebound from the 96-level, USDCAD has bounced from its 1.35 support zone, coming off oversold conditions last seen in 2021. The pair is also respecting a breakout from the 2025 contracting downtrend pattern.
Key upside levels for the ongoing correction are 1.3830, 1.3860, and 1.40 — aligning with a significant support/resistance zone established in October 2022. However, if 1.36 and 1.3520 are breached to the downside, the bearish trend could resume, with downside levels at 1.34 and 1.32 in focus.
- Written by Razan Hilal, CMT
AUDUSD 4H: Sell Zone Confirmed📉 AUDUSD Analysis – Current Trend & Trade Opportunity
Hello Traders,
I’ve prepared an updated analysis for the AUDUSD pair.
At the moment, AUDUSD has shifted out of its previous bullish structure and has now entered a bearish trend. Based on this shift, I’m planning to enter a limit sell trade at the level shared below:
🔹 Limit Sell Entry: 0.65232
🔹 Stop Loss: 0.65576
🔹 Targets:
• TP1: 0.64591
• TP2: 0.64591
• TP3: 0.63738
🔸 Risk/Reward Ratio: 4.27
Considering the trend reversal, I’m looking to open a position from these levels.
I meticulously prepare these analyses for you, and I sincerely appreciate your support through likes. Every like from you is my biggest motivation to continue sharing my analyses.
I’m truly grateful for each of you—love to all my followers💙💙💙
DXY Bearish Setup
Entry: 97.50 (current price)
Target (TP): 96.500 or below
Stop Loss (SL): ~97.80 (above recent swing high or resistance)
Risk Management: Essential — position size based on SL distance and account size
🔍 Trade Rationale:
Technical View: Price may be forming a lower high, suggesting possible downside continuation.
Fundamental Pressure:
Market cautious on Fed rate path
Tariff uncertainty could weaken USD
Upcoming FOMC minutes may add pressure if dovish signals emerge
Could the price reverse from here?The US Dollar Index (DXY) is rising towards the pivot, which has been identified as a pullback resistance that aligns with the 50% Fibonacci retracement and could drop to the 1st support.
Pivot: 97.90
1st Support: 96.74
1st Resistance: 98.67
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.
Sell the EURO vs USD?Welcome back to the Mid-Week Analysis for Wed, July 8th.
In this video, we will analyze the following FX markets:
EURO and USD Index.
The USD is seeing some strength off the tariffs Trump is declaring... and extending the grace period again on. This dragging down the EURO a bit, as it is printing bearish candles for Mond and Tues.
Will Wed print another bearish candle? Are we heading for a full retracement in the EURUSD?
This could be the scenario forming that I eluded to in my Weekly Forecast video: Buy The Dips and Sell The Rips.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
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.
DXY LOCAL SHORT|
✅DXY is about to retest a key structure level of 98.000
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Dollar Index Analysis – Trump, Hegemony & a Dangerous Disconnect🇺🇸💣 Dollar Index Analysis – Trump, Hegemony & a Dangerous Disconnect 📉⚠️
Hey Traders,
FXPROFESSOR here with a deep-dive update on the Dollar Index (DXY) – and this one hits both technicals and macro geopolitics.
🧠 Macro Context:
For decades, the U.S. strategically outsourced much of its basic manufacturing capacity to China—everything from screws, cables, plastics, and circuit boards. This freed America to focus on high-margin sectors like technology, finance, and defense innovation.
But this efficiency came at a cost: dependency. You can't be the military and economic hegemon of the world if you don’t manufacture your own basic components. That’s the foundation of hard power—and Trump understands this well.
🔁 Now Trump is trying to reverse that.
He knows America can’t win long-term without reclaiming production and export competitiveness – and a strong dollar kills that dream.
So what’s the play?
✅ Trump brings the volatility
✅ Fed stays cautious
✅ Dollar weakens... but without actual rate cuts
That’s the scary part 👇
📉 💵 Dollar Strength vs. Treasury Stress
This is also why the U.S. Treasury market is under stress. If the U.S. wants to rebuild domestic production, reduce trade deficits, and support massive fiscal spending, it needs to weaken the dollar and attract internal capital—not depend on foreign buyers of debt.
A strong dollar = trade imbalance, hollowed industry, and rising debt service costs.
A normalized dollar = controlled exports, internal manufacturing, and a potential realignment of global capital flows.
📉 The Chart: "The Year of the Normalized Dollar"
🟡 This is a continuation of the same chart I published over a year ago.
Key Rejection Zone: 100.965 (former support, now resistance)
Current Trajectory: Approaching my long-held target at 94.677
Macro Message: The dollar is dropping without a Fed pivot
Worrying Signal: If we hit major support while the Fed stays tight... the entire market may need to reprice expectations. That could shake equities and crypto alike.
🧊 This is not a clean-cut dollar short anymore . It’s already priced in, and that’s why I’m spooked.
🧭 What I’m Watching:
Will Trump’s trade war accelerate this move?
Will Powell finally cut in September—or double down?
Will the support at 94.5 hold, or break and open a much larger macro shift?
This chart is no longer just technical. It’s political. It’s strategic. It’s a chessboard for hegemony.
🎥 FULL 20-min video breakdown is now live!
I cover DXY, Bitcoin, tech stocks, gold, silver, DAX, BTC.D and much more
Watch it if you want the full map of what I’m thinking this week.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
30M Insight: EURUSD Buy Limit ReadyGood Mornıng Traders;☀️
Based on a 30-minute analysis, I’ve identified a shift in EURUSD market structure. I’ll be waiting for price to reach my level with a buy limit order.
📥 BUY LIMIT ORDER: 1.17180
🛑 STOP LOSS: 1.16946
🎯 TP1: 1.17275
🎯 TP2: 1.17412
🎯 TP3: 1.17649
📊 Risk / Reward Ratio: 2.00
Patience meets precision. Let the market come to you.
🧠 Master your mindset with iron discipline.
Never fear the trade—let the trade fear you.
Keep your motivation high and your focus sharper than ever.
-----
Your likes and support are what keep me motivated to share these analyses consistently.
Huge thanks to everyone who shows love and appreciation! 🙏
DXY Trade Setup✅ Trade Setup Details:
Entry: 96.850
Stop Loss (SL): 96.650
Take Profit (TP): 97.350
✅ This is a good RRR. A 2.5:1 ratio means you're risking $1 to potentially earn $2.50 — favorable for consistent trading.
📈 Chart & Technical Analysis (based on your image):
✅ Entry is near the middle Bollinger Band and above Ichimoku cloud — a technical support zone.
✅ SL is placed below recent support and Ichimoku base, giving some buffer in case of volatility.
✅ TP at 97.350 aligns with the recent swing high or top of the breakout channel.
⚠️ Things to Watch:
If DXY drops below 96.700, it may signal weakness or a shift in sentiment — watch volume and price reaction.
If price stays above cloud and rising trendline, your trade remains valid.
🟢 Summary:
Bias: Bullish
Setup: Good technical entry with solid support below and clear resistance target.
Risk-to-Reward: Excellent (2.5:1)
Strategy: Hold unless price breaks below 96.650 with volume.
BIG BEAUTIFUL BILL - Markets are Ready to PUMP Again! At the 4th of July, the Independence Day, the "One Big Beautiful Bill Act" was signed into law by President Trump. In this idea I want to take a closer look at some points of this law and explain why I consider it VERY bullish for most of financial markets, and especially for crypto.
Here are some key points of the law:
Raises the U.S. debt ceiling by $5 trillion, the largest single increase in U.S. history
Makes many Trump-era 2017 tax cuts permanent: keeps lower individual tax rates, preserves expanded standard deduction, retains corporate tax rate at 21%
Introduces new tax breaks: increases Child Tax Credit, exempts tips, overtime, and Social Security from federal income tax (with limitations)
Adds ~$150 billion to defense and another $150 billion toward border enforcement, including massive ICE budget increase
Trims SNAP food aid by ~$186–200 billion, tightening eligibility (e.g. raising work‑requirement age)
What changes can happen in the economy? Big tax breaks combined with increased expenses cause the growth of financial deficit, the projected by CBO deficit can reach $3 trillion. In this situation the only solution is increasing the national debt which makes Interest Rates climb higher (Yale’s Budget Lab forecasts a 1.2 pp increase in the 10‑year yield).
Why do I think this is bullish for most of stocks and mainly for crypto?
The increase of debt ceiling has always had a positive impact on the crypto and namely on $BTC. The best example is Fiscal Responsibility Act that was signed back in June 5, 2023. This act increased the debt ceiling for +$4.7 billion, after that Bitcoin surged upwards from $25,000 to $75,000 in ~half a year. Similar outcome can be expected now too.
Market perceives U.S. fiscal loosening as inflationary and dollar-weakening, making Bitcoin (as a decentralized and limited-supply asset) more attractive. TVC:DXY has already shown signs of weakness.
Large deficits often force future monetary easing or Fed bond buying to absorb debt. Lower interest rates and more liquidity are historically bullish for risk assets, including crypto.
Rising yields and bond sell-offs spook traditional markets. In this situation, Bitcoin becomes an attractive uncorrelated hedge for portfolios amid volatility in traditional assets.
To sum up , I believe the Big Beautiful Law is, to put it mildly, not good for US economy. However, local effects on stock & crypto markets can be considered positive for investors & traders. With this said, I believe we can expect CRYPTOCAP:BTC to reach $150,000 goal this year and mark this milestone as an ATH for the current bull cycle.
GOLD - SHORT TO $2,800 (UPDATE)Gold once again last night came back to test our resistance zone, after huge bullish momentum all yesterday. But again we saw a bearish rejection from our ‘supply zone’, pushing price back down 300 PIPS.
Being extremely careful here, as Gold is currently at a make or break sort of area.