Bullish bounce reversal?US Dollar Index (DXY) is falling towards the pivot and could bounce to the 1st resistance, which has been identified as an overlap resistance.
Pivot: 97.66
1st Suport: 97.17
1st Resistance: 98.97
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Dollar
Dollar Index at Critical Support — Is a Big USD Rally Coming?Today I want to analyze the DXY index( TVC:DXY ) for you, which is one of the key indices in the financial markets.
At the moment, the DXY index is moving near a support zone($98.85-$98.50), Monthly Support (1) level, and the 21_SMA(Weekly).
In addition, the DXY has been trending inside a descending channel for roughly the past 13 trading days.
The main question is whether the DXY can break below this confluence of support levels or not.
Looking at the 4-hour chart, we can identify a Morning Star candlestick reversal pattern, and there is also a clear bullish Regular Divergence (RD+) between the last two lows.
Moreover, the US 10-Year Government Bond Yield ( TVC:US10 ) appears bullish in my view — and its upward movement can potentially support a rise in the DXY as well.
From my perspective, the best currency pairs to capitalize on a stronger USD are USDJPY( FX:USDJPY ) and EURUSD( FX:EURUSD ).
We should also keep in mind that several important US economic indicators will be released this week, which could significantly impact market direction. So be extra cautious with your positions, especially during data releases:
JOLTS Job Openings➡️09 December
Federal Funds Rate➡️10 December
FOMC Statement➡️10 December
FOMC Press Conference➡️10 December
Unemployment Claims➡️11 December
I expect that once the DXY breaks above the upper line of the descending channel, it could at least move toward one of the higher Fibonacci levels.
Do you think the U.S. interest rate will be cut this week?
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📌U.S. Dollar index Analysis (DXYUSD), 4-hour time frame.
🛑 Always set a Stop Loss(SL) for every position you open.
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XAGUSD BUY SETP📌 Trade Plan (Short & Professional)
🟢 Entry
Buy after bullish confirmation inside:
61.40–61.20 mitigation zone, or
60.70–60.50 main demand zone (preferred after liquidity sweep)
🛑 Stop Loss
Below the demand zone: 59.95–60.00
🎯 Take Profit
Target the next liquidity zone / recent highs:
62.80–63.40
📈 Reason for Entry
Market shows a bullish BOS
Price is retracing to fill imbalance + mitigate demand
Expecting a liquidity sweep, then bullish continuation
DXY rebounded slightly due to the expectation more hawkish FedThe US dollar rebounded after the recent weakness due to increased odds of a rate hike at tomorrow's meeting.
Meanwhile, today's US October JOLTS data may offer further clarity on the labor market following the delayed October NFP. Markets are anticipating the JOTLS to fall to 7.2 million, which could contract the job openings per unemployment rate under the 1.0 level and add further concern about the labor market, despite a low unemployment rate.
DXY breached 99.00 and EMA21. The index remains between the bearish EMAs, indicating potential consolidation.
If DXY breaks below 99.00 again, the index could retreat toward the next support at 98.65.
Conversely, if the DXY moves above the EMA78, the index may advance toward the next resistance level at 99.45.
Interest Rate Decision and DXY – 1-Week - Tradertilki AnalysisMy friends,
Today, the most important fundamental news from the U.S. will be the interest rate decision.
This data will determine the direction of both gold and cryptocurrencies.
If there is an interest rate cut, gold and bitcoin will rise; if there is a rate hike, gold and bitcoin will fall.
Before approaching other trades today, I believe it is beneficial to wait for this important news release.
If DXY manages to break above the 101,550 – 99,143 levels, the first level it will want to test is 103,360.
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Your likes increase my motivation and encourage me to support you in this way.🙏✨
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December 10th, Pre-FOMC Macro-Assets Analysis and ProjectionsToday (December 10th, 2025), US federal reserve chair - Jerome Powell will speak at the FOMC Press Conference at 2 pm (NY timezone)
He will announce committee's decision to change the interest rate. Rather than speculating what he may say, lets look at a few basic economic principles in order to understand how it may impact the markets.
FUNDAMENTAL
Case A : They decide to cut the interest rate.
1. Interest rate goes down → Borrowing feels cheaper
2. Borrowing feels cheaper → Demand for money (here, USD) rises
3. Demand for money rises → Money printing (supply) increase
4. Money supply increase → Price of everything increases (over time) (rising inflation)
5. Rising inflation → USD weakens
6. USD weakens → Gold / Crypto strenthens
Case B : They decide to hike the interest rate.
1. Interest rate goes up → Less / No money printing
2. Less / No money printing → Limited money supply → Virtual scarcity
3. Virtual scarcity of money→Value of money (here, USD) strengthens
4. USD strengthens → Gold / Crypto weakens
Case C : They decide to keep the interest rate same.
Interest rate stays same → Continued Market Momentum
TECHNICAL
( All charts displayed as of 12/10/2025 4:00 (UTC-5) )
1. DOLLAR ( TVC:DXY )
# 1-Day Long term bias : Bearish
# 1-Day Current phase : At POI in bearish consolidation with a possible double top
# 4-Hours' Trend : In a downtrend from its second top (from 1D timeframe)
# 4-Hours' Likely Liquidity Zone ; Sell-side sweep between 99.450-99.550
# 4-Hours' Projection : DXY likely to expand its current downtrend and fall further down atleast 98.650
2. GOLD ( OANDA:XAUUSD )
# 1-Day Long term bias : Bullish
# 1-Day Current phase : At Possible High forming bullish continuation pattern
# 4-Hours' Trend : Sideways, forming a falling wedge pattern
# 4-Hours' Likely Liquidity Zone ; Buy-side sweep between 4150-4175
# 4-Hours' Projection : Gold likely to test / sweep support before expanding upside to atleast 4265
3. BITCOIN ( CRYPTO:BTCUSD )
# 1-Day Long term bias : Bearish
# 1-Day Current phase : At Possible Low retracing back to its equilibrium (solid yellow line)
# 4-Hours' Trend : Sideways, forming a ABCDE Horizontal Triangle (as per Elliot Wave theory)
# 4-Hours' Likely Liquidity Zone ; Buy-side sweep at 88k / 83k | Sell-side sweep at 96k
# 4-Hours' Projection : Heavily likely to sweep both side during FOMC and start expanding upside to atleast 108k
4. SP500 / NASDAQ / DOW-JONES ( TVC:SPX )
# 1-Day Long term bias : Bullish
# 1-Day Current phase : At Possible High retracing back to its equilibrium (dashed yellow line)
# 4-Hours' Trend : Uptrend, in disequilibrium with downside momentum
# 4-Hours' Likely Liquidity Zone ; Sell-side swept above 6870 | Buy-side liquidity at 6530
# 4-Hours' Projection : Likely to pullback to its equilibrium or stay stagnant before continuing its upside expansion to atleast 6950
Overall,
if the Fed decides to cut rate by 0.25%, market may show strong volatility
if the Fed decides to cut rate by 0.50%, market may show extreme volatility
if the Fed decided anything else, market stays stagnant with one-time hype volatility move
DXY likely to expand its current downtrend and fall further down atleast 98.650
Gold likely to test / sweep support before expanding upside to atleast 4265
Bitcoin likely to sweep both side during FOMC and start expanding upside to atleast 108k
SP500 likely to pullback to its POI or stay stagnant before its upside expansion to atleast 6950
DAILY DXY IDEAprice has tapped a key demand level and is showing a clean rebound toward the mid-range.
The first upside magnet sits around those highlighted arrows and horizontal$ and so forth if momentum holds before Christmas 25th.
Structureee stays bullish while price holds above 99.200. a clean break below that level opens the path back toward 97.95
lets break bread...
USDSGD LongHello traders, I just noticed this setup. It seems the price for second time breaks the trendline. We have also a good support formed on levels between 1.2915/1.2935. In my opinion it will be a fake double top pattern which already formed by breaking the trendline, thus I remain long on this pair.
EURUSD: Dollar Strength Still In Charge, Euro Is The PassengerEURUSD , Looking at this with the chart not mentally flipped, the structure is clearly one of exhaustion on the euro side. We’ve got a series of lower swing highs against a dominant dollar backdrop, and price is grinding along support rather than impulsively breaking higher. Fundamentally this lines up with a market that still prefers USD carry and safety over a low-growth eurozone.
Current Bias
Bearish.
On a non-inverted EURUSD chart, the dominant idea is USD strength: rallies are selling opportunities while price stays capped below recent highs and trend resistance.
Key Fundamental Drivers
Fed vs ECB policy path
Fed: Still on track for rate cuts, but at a measured pace, with Powell making it clear that the FOMC will react to data, not chase market pricing. That keeps US real yields relatively attractive and supports the dollar.
ECB: Growth is softer, inflation is easing, and officials are signalling “policy in a good place” with strong data dependence. There is little appetite for a hawkish surprise, which leaves EUR without a clear policy advantage.
Growth and labor dynamics
US: Data points to a cooling but still resilient economy. Labor market is loosening, but not breaking. That combination justifies gradual easing rather than aggressive cuts.
Eurozone: Sentiment and activity indicators are weak or only stabilising. Lower growth means the ECB cannot diverge hawkishly from the Fed for long without harming already-fragile demand.
Risk and safe-haven flows
In risk-off or “policy confusion” episodes, USD still benefits more than EUR. That underpins a downside bias in EURUSD when volatility picks up.
Net: Fundamentals still favour USD over EUR, which on a standard chart is bearish EURUSD.
Macro Context
Rates:
Market pricing has shifted toward fewer / slower Fed cuts than the most dovish scenarios. The ECB is also expected to cut, but the eurozone’s weaker growth gives it less room to signal anything hawkish. Rate differentials stay either neutral or mildly USD-supportive.
Growth:
US growth is moderating from strong levels, eurozone growth is stuck near stagnation. That relative story helps the dollar on a “least-ugly” basis.
Geopolitics and trade:
Trade tensions (US–China, EU–China, tariff talk) and geopolitical risk favour USD demand over EUR, because the dollar is still the primary global hedge.
Put together, the macro picture argues against a sustained euro bull run and supports a sell-the-rally EURUSD regime.
Primary Risk to the Bearish View
The main risk is a sharp dovish pivot from the Fed driven by:
A clear downside surprise in US labor or inflation data that forces the market to price a much faster and deeper rate-cut cycle.
Any signal that the Fed is more willing to tolerate overshooting on inflation to protect growth and employment.
That type of shift would knock US yields lower, hurt the dollar, and could squeeze EURUSD sharply higher, invalidating the downside structure.
Most Critical Upcoming News/Event
US: CPI, PCE, NFP, and Powell/Fed speeches – anything that changes the timing or depth of 2026 rate cuts.
Eurozone: Inflation prints and ECB communication; not because they are likely to be hawkish, but because any hint of “less dovish than feared” could temporarily lift EUR.
For direction, though, the USD leg is still more important than the EUR leg.
Leader/Lagger Dynamics
EURUSD is a lagger, not a leader.
It tends to follow DXY and US yields, rather than set the tone.
When DXY strengthens on higher US yields or risk aversion, EURUSD typically moves lower.
Crosses like EURJPY, EURGBP, and risk sentiment via US indices often move first and EURUSD confirms.
So for timing, I’d look at DXY, US10Y, and broader risk sentiment, then use EURUSD to express the USD view.
Key Levels
Support Levels (bearish targets):
1.1500–1.1520: local support and mid-channel area.
1.1400: key structural support; break here opens the door to deeper downside.
Resistance Levels (sell zones):
1.1700–1.1750: recent swing highs and clear horizontal resistance.
1.1800–1.1850: major supply zone and invalidation area for the medium-term bearish bias.
Stop Loss (SL) for a bearish swing idea:
Above 1.1850 on a daily close, which would signal that the current USD-strength narrative has been materially challenged.
Take Profit (TP) for a bearish swing idea:
First TP around 1.1500,
Second TP extension toward 1.1400 if US data stays solid and the dollar bid persists.
Summary: Bias and Watchpoints
Re-reading this with the chart correctly interpreted, EURUSD is fundamentally and technically bearish, not bullish. The story is still one of relative USD strength: a Fed that cuts, but slowly, versus an ECB constrained by weak growth and little scope to lean hawkish. That leaves rallies toward 1.17–1.18 as potential selling opportunities, with the bearish structure only really invalidated if price closes convincingly above that 1.18–1.1850 zone.
On the downside, I’d watch how price behaves around 1.15 first and 1.14 second. Strong US data and firm yields could push us there; a sudden dovish Fed pivot is the main risk that would blow this view up and squeeze EURUSD higher instead. Until that happens, I’m treating EURUSD as a lagger that confirms the broader dollar story, not a pair that sets it.
DXY: The Dollar Isn’t Done Talking YetDXY, I’ve been staring at the Dollar long enough to notice something important: this isn’t a random bounce. After months of digestion and frustration on both sides of the trade, DXY looks like it’s quietly regaining control. The tape is no longer just reacting to single data prints. It’s responding to a broader realization that the Fed may cut rates, but not in a way that collapses the dollar story. This chart feels less like noise and more like a setup.
Current Bias
Bullish, with confirmation pending.
DXY has spent most of the year consolidating after a deep pullback and now appears to be breaking higher from a rising structure. Momentum is rebuilding as the market reassesses how aggressive Fed easing will really be.
Key Fundamental Drivers
The dominant driver remains relative monetary policy expectations. While the Fed is expected to cut, markets are increasingly dialing back the idea of rapid or deep easing. US growth is slowing but holding up better than Europe and parts of Asia. Labor markets are softening but not collapsing, keeping the Fed cautious rather than urgent. This supports USD resilience.
At the same time, other major central banks look more constrained. The ECB and BoE face weaker growth backdrops, and the BoJ’s normalization path remains slow and fragile, which limits sustained USD downside versus JPY.
Macro Context
Interest rate differentials still matter. Even with Fed cuts priced, US real yields remain relatively attractive. Global growth remains uneven, with Europe stagnating, China stabilizing but not accelerating, and the US still outperforming at the margin.
Commodity flows also matter here. A firm dollar tends to weigh on commodities and commodity-linked currencies, reinforcing feedback loops into AUD, NZD, and CAD. Geopolitical risk remains a background bid for USD, especially as markets remain sensitive to trade policy, Middle East tensions, and shifting US election rhetoric.
Primary Risk to the Trend
The biggest risk is overconfidence in the Fed staying behind the curve. A sharp deterioration in US labor data or a sudden drop in inflation could force the Fed into a faster easing cycle, undermining the yield support for USD and invalidating the bullish structure.
Most Critical Upcoming News/Event
The next cluster of US inflation data, labor market releases, and Fed communication is critical. Markets are watching for confirmation that cuts will be measured, not panicked. Any clear Fed pushback against aggressive easing expectations would strongly support this DXY breakout.
Leader/Lagger Dynamics
DXY is a leader.
When DXY moves with intent, it drags the rest of FX with it. Strength here typically pressures EURUSD, AUDUSD, NZDUSD, and gold, while reinforcing downside risks in USDJPY pullbacks and risk-sensitive assets. If DXY follows through, expect confirmation across USD pairs rather than divergence.
Key Levels
Support Levels:
98.20–98.50 (structure support and trend retention zone)
96.20 (major downside invalidation level)
Resistance Levels:
100.00 (psychological and structural resistance)
102.00–103.00 (measured move resistance if momentum accelerates)
Stop Loss (SL):
Below 96.20 on a daily close, which would signal a failed structure and broader USD weakness.
Take Profit (TP):
First objective near 102.00, with extended upside toward the prior highs near 109–110 if macro conditions align.
Summary: Bias and Watchpoints
The bias for DXY is cautiously bullish. The structure suggests accumulation rather than distribution, supported by relative growth resilience, steady real yields, and a Fed that remains careful, not desperate, to cut. The key risk is a sudden shift toward aggressive Fed easing driven by weak inflation or labor data. Until that happens, dips look corrective rather than trend-ending. As a leader asset, DXY’s next move is likely to ripple across major FX pairs, commodities, and risk sentiment. If this breakout holds, the dollar conversation is far from over.
how dollar index look like now!!This is a long-term structural analysis of the U.S. Dollar Index (DXY).
While no analyst can predict the exact future path of price, studying major structures, liquidity zones, long-term channels, and timing cycles can provide a meaningful macro perspective.
In this chart I highlight:
• Key liquidity pools and distribution/accumulation zones
• Long-term ascending and descending channels
• Major Fibonacci confluence zones
• Structural breaks and mitigation blocks
• Possible multi–year corrective cycles
• Time cycles that have previously aligned with major turning points
The overall idea suggests that DXY may be entering a macro inflection point, where both bullish and bearish scenarios become highly sensitive to structural confirmation.
A deeper correction remains possible if price loses the mid–range support zone, while a reclaim of upper structure could extend the bullish cycle first.
This is not a prediction — it’s a roadmap.
Price will choose its own path, but having a broader structural view helps traders understand where major reactions may occur over the next several years.
U.S. Dollar Index Gearing Up for a Powerful Upswing!💵 DXY — U.S. Dollar Index | Profit Pathway Setup (Swing Trade)
🧭 Bias: Bullish (Confirmed Setup)
📈 Market Type: Index (USD Strength Focus)
🧠 Strategy Style: Layered Limit Entry with SMA Pullback + Triangular MA Breakout
🎯 Trade Plan Breakdown
📊 Setup Insight:
The DXY (U.S. Dollar Index) has confirmed a bullish momentum as price reclaims above the Simple Moving Average (SMA) and breaks through the Triangular Moving Average (TMA) resistance zone — signaling potential continuation strength for the dollar.
📥 Entry Zone (Layering Strategy):
My “Thief Strategy” approach uses multiple limit layers for precision stacking entries:
Buy Limit Layers: 99.00 → 99.50 → 100.00
(You can extend or adjust layers based on your own conviction and risk appetite.)
🛑 Stop Loss:
My Thief SL sits near the recent lower low wick for structure protection → 98.50
💬 Note: Dear Ladies & Gentlemen (Thief OG’s) — I’m not recommending my exact SL.
You manage your own risk — make money, take money, your call.
🎯 Target (Take Profit):
The moving average line is acting like a police barricade — strong resistance area, potential overbought trap zone. Be smart and escape with profits near 102.00.
💬 Note: Dear Ladies & Gentlemen (Thief OG’s) — TP is flexible.
Lock profits where you’re satisfied; don’t let greed arrest your gains. 🚓💰
🌐 Correlated Market Watch
Keep an eye on these correlated pairs & assets for confirmation signals or divergence clues:
💶 $EUR/USD → Inverse correlation (DXY up → EUR/USD down)
$XAU/USD (Gold) → Often moves opposite to USD strength
💷 FX:GBPUSD → Mirrors EUR/USD volatility when DXY surges
BITSTAMP:BTCUSD → Weakens when DXY strengthens due to liquidity shifts
💹 FX:USDJPY → Supports bullish dollar narrative if yield spreads widen
These pairs can help you validate sentiment and timing entries better — especially during London & New York sessions when DXY liquidity peaks.
🧩 Technical Key Points
✅ SMA pullback confirms bullish continuation zone
🔺 Triangular Moving Average breakout shows renewed strength
🧱 99.00–100.00 acts as accumulation floor
🚨 102.00 remains resistance barricade zone (potential trap)
⏰ Best observed during London/NY overlap for volatility cues
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
⚠️ Disclaimer: This is a Thief-style trading strategy — just for fun and education. Not financial advice. Trade wisely and manage risk like a pro.
#DXY #USDollarIndex #ForexTrading #SwingTrade #TechnicalAnalysis #TradingIdeas #PriceAction #SMAStrategy #MovingAverages #CurrencyTrading #DollarStrength #ForexSignals #TradingStrategy #MarketAnalysis #ChartPatterns #BullishSetup #RiskManagement #ForexCommunity #TradingView #DXYAnalysis
Bank of Japan Losing Credibility. USDJPY eyes breakout. Continued or large scale QE, capped yields and reluctance to normalise (or being forced back in to easing during a downturn) would anchor Japanese yields far below peers encouraging capital outflows and undermining confidence in the currency.
A shrinking and ageing population chronic fiscal deficits very high public debt and history of trade deficits in recent years represent structural headwinds that can justify a weaker Yen if investors start to question long-run debt sustainability.
With a wide and persistent rate gap, leveraged global players can keep borrowing Yen to buy higher yield assets abroad.
If markets begin to doubt the BOJ's ability to manage the government bond market without either monetisation or financial repression, investors may demand a steep currency discount rather than high nominal yields, instead of typical "higher rates, Stronger FX" reaction.
Global risk: If the dollar regains or maintains "only game in town" safe-haven status in a world of repeated shocks - while the Yen loses it's traditional safe haven status because of Japan's Macro position - USDJPY can behave more like a one way-risk trade than a mean reverting pair.
USDJPY Fundamental OutlookWith the Dollar rapidly declining against a basket of other major currency's and higher chances of Hasset becoming the next fed chair, we could see further downside on dollar pairs.
I don't think the move is done yet and we could trade lower towards 98.000 in the future, cause we definitly havn't priced in everything yet cause I don't see Trump letting this chance to put a Dovish fed chair in place slide.
The yen has gained some strength Wednesday morning, showing that people are more interested in high probability rate hikes, then strong demand for government bond.
Hence why I see the yen climb higher to 5.845 (Previous weeks high)
Putting this together USDJPY has some more downside room this week, possibly trading to 153.600
DXY is making perhaps the final pull-back before a massive rallyThe U.S. Dollar index (DXY) has been trading within a Channel Up since the March 2008 bottom during the U.S. Housing Crisis. This is not the first time we use this pattern to identify key macro trend shifts, in fact we revisited it a little over 2 months ago.
The incredible symmetry it's been showing, with clear correction phases (red Channels) followed by bullish phases, eventually lead to price rallies to the 1.618 Fibonacci extension.
Right now the price is past a 1W Death Cross, which has always been a bottom signal on this multi-year Channel Up, and is pulling back on perhaps the final mini drop before the new 2-year Bullish Leg begins.
This has always happened at the end of the Bear Cycles (red correction phase) with the Arc pattern showing a final pull-back before the decisive rebound the breaks above the 1W MA50 (blue trend-line). That break-out is the confirmation of the Bull Cycle start (Bullish Leg).
With the 1M RSI having already touched its 16-year Support Zone, which has provided the most optimal Buy Signals throughout this pattern, we expect the Dollar Index to start rising aggressively in the long-term, targeting the 120.000 - 128.000 Zone on its way to the 1.618 Fib ext, which has been where the previous Higher Highs (Cycle Tops) were priced.
Notice also that a solid peak indicator (Sell signal) is when the 1M RSI hits 80.00, indicating that the market is massively overbought (overheated trend).
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USDJPY Fundamental UpdateUSDJPY slowly dropped lower following a bearish DXY. JPY remained around the same level.
The dollar saw a significant drop due to a shift from a 35% expectation to an 85% expectation that Hasset will become the next fed chair. The expectations rose after Trump again mentioned that he already knows who he wants as a new fed chair early in 2026.
Why are people looking at Hasset to replace Powell?
Trump is know to be in heavy favor of rate cuts and since Powell doesn't listen to Trump's recommendations, everybody is looking at Hasset since he has a dovish stance and will very likely start easing, which is ofcourse what trump wants.
What is next for the dollar?
Since this is big news for the dollar and will probably cause multiple rate cuts in december, the markets are going to price these in more and more the closer we get to the replacement of the fed chair. This means medium-term bearish pressure on the dollar, however we already saw a 0.4% drop today on the DXY and traded under previous monthly lows. This could cause a reaction before we see further downside this month to the 98.500-98.000 range.
We also saw bad ADP news pressuring the dollar even more, bringing the probability even higher for a rate cut in december.
The Yen stayed steady and didn't move a lot since yesterday.
Investors are still cautious with yen longs cause of the JP10Y demand.
Yen longs for now are not on the table and I will wait for further development to see how traders position going into high probability rate hikes in december.
Gold Looks Heavy,Downside Break Loading?📰 What’s happening:
Gold is losing strength because the market thinks rate cuts are not coming soon.
Strong USD = weak gold.
Simple.
📉 What the chart is showing:
Selling pressure is stacking up.
Market structure is leaning bearish.
We’re sitting right on a major support zone: $4,200
⚠️ Why this matters:
If this support cracks, gold could slide fast into the $4,100zone — that’s the next clean liquidity area.
📌 My view:
I’m watching for a break → retest → continuation to the downside.
Buyers look tired. Sellers look hungry.
Kiwi in 5th wave, then buy-the-dip?Kiwi looks to have put in a provisional bottom around 0.5570 and is grinding higher toward the 0.58 handle, a key resistance zone that could either cap this fifth wave or unlock further upside.
In this video, we look at how a weaker US dollar and a slightly more hawkish RBNZ are supporting NZD/USD, and why 0.58 is such an important decision point. We then map out the buy‑the‑dip zone for a potential continuation higher and the levels that would flip the script to shorts.
Key drivers
RBNZ recently cut by 25 bps but signalled the easing cycle is likely over, while new governor Anna Breman is perceived as relatively hawkish and focused on inflation, which helps underpin the Kiwi.
Fed December cut odds around 85–90% after a run of softer US data keep the dollar under pressure, providing a tailwind for NZDUSD on rallies and pullbacks.
On the 4‑hour chart, price is pushing up toward 0.58 with emerging RSI divergence, suggesting this move is likely a fifth wave into resistance and setting up a corrective pullback rather than an immediate trend reversal.
Primary idea : Look to buy the dip if price reacts lower from 0.58 into the 0.5690–0.5660 zone (between the 38.2% and 61.8% Fib of the latest leg and prior support), targeting 0.5910, 0.60 and potentially 0.61, while a break below ~0.5640 and the channel base would instead open the door to deeper downside and short opportunities.
Trading Kiwi here? Share how you’re planning to trade the 0.58 resistance and buy‑the‑dip zone in the comments, and follow for more macro‑plus‑technicals swing setups.
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DXY EXTREME BEARISH DIVERGENCE > ABOUT TO COME STRAIGHT DOWN!DXY Has been on a tear but I think thats about to end and I think it will end very quickly. There is multiple very strong bearish divergences on the weekly, across multiple indicators showing that a major move down is coming. I think we have reached the top for the DXY for a while and its about to tank. Dont know whats around the corner as far as news but something big is about to come out thats going to kill the DXY. This is not trading or financial advice this is just my opinion. If you apprecaite my work please consider giving this chart a boost and follow me for more updates. Thank you and good luck my friends.
GBPUSD wave 2 pullback? Buy the dip or sell the Rachel rally?Sterling surged over 1% last week on UK budget relief, the so-called "Rachel Rally", but profit-taking kicked in at resistance. With both the BOE and Fed now 90% expected to cut in December, the dollar is under more pressure, making Cable pullbacks attractive buying opportunities.
Key drivers:
"Rachel Rally" profit-taking after Sterling's best week since August led to double top at 1.3275 resistance.
BOE December rate cut priced at 90%, creating short-term headwinds.
Fed December cut odds surged to ~90% after ISM Manufacturing fell to 48.2, the ninth straight month of contraction, keeping dollar weak.
Both central banks are cutting, but USD is under more pressure right now, supporting GBPUSD on pullbacks.
Wave structure : Five-wave leg complete from 1.30 low, now in Wave 2 correction. Key support zone between 38.2% and 61.8% Fibonacci (around 1.3150–1.3130). If this holds, buying the dip for Wave 3 of Wave 3 (or Wave 3 of C) targeting 1.3275, then 1.3315 and higher.
Alternative : Losing 1.31 increases risk of continuation lower toward previous low and potentially 1.2847.
Looking to buy the GBPUSD dip? Share your Wave 2 entries in the comments and follow for more macro-plus-technicals trade ideas.
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US DOLLAR UPDATEDollar is trading in the discount of the daily bullish range, losing momentum, and flipping the range volume node bearish at 99.291.
Range 98.602 → 100.040.
1. DRIVERS
Softening Dollar with fading participation.
2. STRUCTURE
Discount test with weak rotation.
Bearish node flip shows shifting participation, not a macro break.
3. IMPLICATION
Range location doesn’t confirm a flush.
Cross-market rally only forms when yields, risk tone, and correlations align.
4. CORE5 PILLARS
MSM: discount test
DGM: momentum fading
VFA: bearish flip at 99.291
OFD: no strong absorption
PEM: wait for confirmation
5. TAKEAWAY
This is a probe, not a confirmed reversal.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
EURUSD: Liquidity Grab @ 1.15000EURUSD has experienced a liquidity grab as price closed below the previous low and is heading towards 1.15. CRT suggest price could go lower and wick below the previous candle or even drop further.
Alongside 1.15, there is an imbalance, which price could tap into and possibly fill, both EURUSD and GBPUSD has some divergence so it will be interesting to see how it plays out
DXY Tests Key Resistance Amid Improving MomentumThe U.S. Dollar Index (DXY) is testing a significant resistance zone around 100.30 after a steady climb from its October lows. Price has reclaimed the 50-day simple moving average (SMA) and is now approaching the 200-day SMA near 99.85, a level that has acted as dynamic resistance for most of the year.
The RSI currently reads around 64, indicating improving bullish momentum but not yet overbought territory. The MACD histogram remains slightly positive, with the signal and MACD lines close to crossing, suggesting continued short-term strength but the potential for consolidation near resistance.
If price sustains above the 100.00–100.30 region, it would mark the first notable break above the 200-day SMA since early 2024 — a potentially constructive technical shift. However, repeated rejections from this level could keep the broader structure range-bound between 96.40 and 102.00.
Overall, the chart shows improving momentum within a long-term neutral framework. Confirmation above the 200-day SMA would be required to validate a sustained bullish bias.
-MW






















