DXY Shows Bearish Divergence and Breakdown – Bullish Implications for Bitcoin, Gold, and Forex The U.S. Dollar Index ( TVC:DXY ) has formed a clear bearish divergence on the weekly timeframe, indicating potential downside momentum. Additionally, it has lost key trendline support, further confirming weakness in the dollar. Key Support Levels for #DXY Next Major Support: 102 - 100 zone If the 110 support level is breached, DXY could experience a sharp plunge, accelerating further downside. Bullish Impact on Bitcoin, Altcoins, Gold, and Forex Since the DXY moves inversely to risk assets and other currencies, its bearish outlook could support: ✅ #Bitcoin & #Altcoins: Potential for upward momentum ✅ #Gold: Increased demand as a hedge against a weaker dollar ✅ #Forex Markets: Currencies like EUR, GBP, and others could gain strength against the USD The current bearish divergence and breakdown of trendline support in DXY suggest continued dollar weakness. If key support levels fail, we could see strong rallies in Bitcoin, altcoins, gold, and major forex pairs in the coming weeks.
? GBP/JPY - 1H Analysis & Key Levels ? H1 Supply Zone: 192.905 - 193.027 ? Demand Zones: 192.566 - 192.150 ? Possible Scenarios: 1️⃣ Bearish Rejection: If price rejects the 192.905 - 193.027 supply zone, we may see a move toward retracement levels at 192.566 - 192.150. 2️⃣ Break & Retest: A breakout above 193.027 could indicate further bullish continuation. ? Trading Plan: ✅ Watch for rejection at 192.905 - 193.027 for potential short entries. ✅ Monitor 192.566 - 192.150 as possible buy zones on retracements. ✅ A confirmed break below 192.000 could signal further downside towards 190.500. #FXFOREVER #GBPJPY #ForexTrading #SmartMoney #PriceAction #JPY
hi another idea .this is HIGHUSDT and I am selling it for short term and then i will buy it from the lowest point in spot trading. watch the following steps 1.Risk management 2. take trades with stop loss 3. Trade according to your account balance
Intraday Short-term Trade set up: Go Long from 1.0384 Stop 1.0311 TP1: 1.0415 TP2: 1.0435 TP3: 1.0467
Silver is rising and reaching to the level of about $35 as the resistance trendline is waiting for it, after that we might see downside movement
Coin has been having some magnificent moves despite the overall market conditions we had. Now every ride has come to an end sometime so we are expecting to see a bigger drop or a correction to come here so stay sharp and wait for proper signs here. If we keep the current momentum of weakness, we might see good movement to lower zones! Swallow Team
? XAU/USD - M30 Analysis & Key Levels ? H1 Supply Zone: 2938 - 2942 ? Demand Zones: 2905 - 2909, 2893 - 2895, 2880 - 2882 ? Possible Scenarios: 1️⃣ Bearish Rejection: If price rejects the 2938 - 2942 supply zone, a retracement toward the 2905 - 2909 or deeper zones is likely. 2️⃣ Break & Retest: A breakout above 2942 could signal further bullish momentum toward new highs. ? Trading Plan: ✅ Watch for rejection at 2938 - 2942 for potential short entries. ✅ Monitor 2905 - 2909 and 2893 - 2895 as possible buy zones on retracements. ✅ A confirmed break below 2880 could indicate further downside risk. #FXFOREVER #XAUUSD #ForexTrading #SmartMoney #PriceAction #Gold
GBP/JPY Possible sell. Trade not ready yet, waiting for high impact news release later today. Bearish 'W' Pattern on the Daily T/F. Waiting for deceleration to take place around, and beyond the 0.618% - measured from the daily T/F. Waited for shift of structure (SOS) on the 15M. Then waiting for a pull back, with limit order set beyond the 50% fib level (measured off the 15M T/F). Excellent risk to reward. Trail SL beyond last swing low as they develop on the 4H T/F. TP set at -127 Fib EX on the daily T/F. SL should be set beyond last swing low on the daily T/F with a buffer of between 8-25 pips depending on personal preference. For a detailed breakdown of this set-up (demo only not to be taken on a live account) see the video I recorded last night on my YouTube Channel: https://www.youtube.com/watch?v=5CECZkuPXqA *******Trade not ready yet, waiting for high impact news release later today********* Disclaimer: Financial trading carries a very high degree of risk of loss of capital. Always seek professional, independent financial advice, before trading with real money. This trade idea is intended for educational, purposes only, and is not financial advice. And as such, must only be traded on a Demo account, or not at all. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed, above. You are responsible for your own trading and investment decisions.
+CPI news failure +Seasonality +Uncertainty around tariffs -COT bearish
Event to pay attention to today: 15:30 EET. USD - Unemployment Claims USDJPY: The Japanese Yen (JPY) has attracted some buying interest following the release of a stronger-than-expected Producer Price Index (PPI) in Japan on Thursday, which confirms bets on further rate hikes by the Bank of Japan (BoJ).However, the market reaction was short-lived amid concerns over the impact of US President Donald Trump's tariffs on steel and aluminium imports, as well as upcoming retaliatory tariffs. This helped USD/JPY to hold above 154.00 during the Asian session and remain near the weekly high reached the previous day.Meanwhile, Federal Reserve (Fed) Chairman Jerome Powell made it clear that policymakers are in no hurry to cut interest rates, and US consumer inflation data released on Wednesday suggests that the Fed does not have much room to cut rates this year. This has led to an increase in US Treasury yields, resulting in a widening of the yield differential between the US and Japan and a limitation on the upside for the low-yielding Yen.However, the US Dollar (USD) has experienced difficulty attracting buyers, which may potentially discourage traders from making new bullish bets on the USD/JPY pair. Trade recommendation: USDJPY: SELL 154.200, SL 153.500, TP 154.800