USDJPY and DXY, Is FOMC affecting the both currency?Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Dxyanalisis
DXY Bearish Setup: Sell from Supply Zone to 99.100 TargetTrend: 📉 Bearish Bias
Key Zones & Strategy:
🔶 Supply Zone (Sell Area)
📍 100.584 – 100.906
⚠️ Price may face selling pressure here
🔵 Entry Point:
🎯 100.584 (bottom of supply zone)
🔴 Stop Loss:
❌ 100.906 (just above resistance)
🟢 Target Point:
✅ 99.100
📉 Aligned with lower support line
Technical Indicators:
📏 Descending Channel
🔽 Price moving within parallel downward trend lines
📊 EMA (70) – Orange Line
🔁 Acting as dynamic resistance
Trade Setup Summary:
📌 Sell in the Supply Zone
🛑 Stop Loss: 100.906
🎯 Target: 99.100
⚖️ Good Risk-Reward Ratio
Warnings & Tips:
⚡ Watch for Breakouts:
If price breaks above 100.906 ➡️ 📈 Bearish idea invalid
📰 Check News Events:
FOMC, CPI, or other USD events may cause volatility
DXY Technical Analysis and Trade IdeaDXY Technical Analysis and Trade Idea. The DXY is currently range bound, the higher time frame is bearish i'm looking for a break of the current range and a possible trade opportunity if it sets up. As always, everything explained in the video in detail and this not to be construed as financial advice.


