DXY Sort/Medium term outlook 12/06/24feds cutting rates? We will see later today. I am predicting bearish DXY. Came back to equilibrium of range into the consequent encroachment of weekly inversion fair value gap, taking out buyside liquidity whilst rebalancing a daily volume imbalance. Shortby joeljohnrussell2
NAS100USD Will Go Up From Support! Buy! Take a look at our analysis for NAS100USD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 19,001.1. Considering the today's price action, probabilities will be high to see a movement to 19,199.3. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 115
Market Watch: Markets Await Fed Decision on Interest RatesAfter the Bank of Canada and the European Central Bank reduced interest rates by 25 basis points, the markets are now awaiting the reaction of the US Federal Reserve. The Fed is set to announce its decision on interest rates today at 10:00 pm Dubai time. Currently, US interest rates are at their highest level in 23 years, at 5.5%. Recent job data, which showed an increase to 280K jobs and exceeded expectations, indicates continued inflationary pressures. This suggests that the US economy is not slowing down as the Fed hopes, which is necessary to achieve a continuous decline in inflation towards the target level of 2%. Today's inflation data, which will be released at 4:30 pm Dubai time, will have a significant impact. It will influence not only the Fed's perspective on interest rates at its meeting but also its outlook on when it might begin a monetary easing policy. This is especially crucial with only four meetings remaining until the end of the current year. Looking at the expected scenarios, if inflation remains above 3%, the Fed is likely to maintain its current policy and keep interest rates high for a longer period than the markets expect. Conversely, if inflation drops below 3%, we may anticipate a shift in the Fed's tone, potentially leading to an interest rate cut. From a technical point of view, the dollar is currently trading between the levels 100 and 106.5, breaking or exceeding these levels will determine the path of the dollar. by CFI1
SPX500USD ( EFFECT CPI & FED RATE )SPX500USD Tendency the price is a long in 5,356 Turning level : The turning 5,356 , so as long as the price trending above this level, there will be a upward resistance level : trade above 5,356 , the price will up to 5,439 , then trending in this level it will reach 5,467 support level : braking a turning level 5,356 , and stable this level ,the price will reach the support level of 5,300 and 5,252 , if the price stable below 5,300 , the price change direction to the downtrend corrective level : price will attempt 5,356 , correct itself before long , then create a new historical price * WARNING today ,we have a CPI and FED rete it will huge impact the trade , the rate of CPI less than a % 3.4 we can see a new historical price Longby ArinaKarayi2
USNAS100 ( UNDER CPI ) PRESSURE USNAS100 Tendency the price is a long pressure in 19,110 Turning level : The turning level 19,110, so as long as the price above this level, there will be a new historical peaks resistance level : trade above turning level 19,110 , the price will rise to 19,440 and 19,561 support level : braking a turning level 19,110 , the price will reach the support level of 18,940 and 18,675 corrective level : price will 19,110, correct itself before long , then we can see historical price * today , we have a CPI and FED rate news , it will impact price move , if the price less than %3.4 we can see a new historical price , but more than the price will be a fallingLongby ArinaKarayi3
Nifty Will Go down above 1K PointsIf Nifty day candle not breaking 23400.. then go for Retracement. My 1st target is 0.5 and next 0.63. Wait and watch ..Only for short Term Im Buying 23700 PE Jun 20 @368, SL - Close and cross 23400 1st Target 524.Longby Swayamkrish4
IBEX35 buy PROJECTION The uptrend of IBEX35 keep strong and we are looking at retracement inorder to enter and place buy trade.. Possible entry at 11180 Good luck Longby Olumine0
NIFTY- Intraday Levels - 12th June 2024If NIFTY sustain above 23240 then 23379 to 23389 then 23419 above this bullish then 23466 then 23613 to 23633 or 23655 above this more bullish If NIFTY sustain below 23205 to 23194 or 23165 below this bearish then 23102 then 23053 then 22991 then 22941 to 22921 below this more bearish Consider +/- 27 points buffer in above levels. Please do your due diligence before trading or investment. **Disclaimer -ย I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you. by PrashantTaralkarUpdated 0
[Off the Charts w Mysfft] CPI and US FED interest rate decision US CPI data and US Fed Interest rate decision both falling on the same day. (This only happens 13 times since 2008!!) Here, I look to share my thoughts on how the CME_MINI:ES1! (S&P index futures) along with the USD Dollar Index ( TVC:DXY ) can be expected to move in light of the 2 important economic news. This is just me sharing from a top down analysis along with multi-asset point of view. Will be happy to see your comments and know your thoughts. ps. MYSFFT stands for: Master yourself, flee from temptation. Just like in the world of trading, it's always about mastering ourselves and avoiding the FOMO, GREED, TRIGGER FINGER, REVENGE TRADES. Its to be a misfit in the world of trading and to be a game changer. Cheers! Trade safe and stay safe peeps.Long18:03by laughingchartist3
Levels discussed on Livestream 12th June12th June (FOMC Decision Pending) DXY: Could test and reject 105.60 resistance before trading lower (dovish FOMC) down to 105 support. NZDUSD: Buy 0.6170 SL 25 TP 45 (DXY weakness) AUDUSD: Sell 0.6560 SL 20 TP 65 (DXY strength) USDJPY: Look for reaction at 158 resistance Buy 158.20 SL 40 TP 115 or Sell 157.70 SL 40 TP 115 GBPUSD: Sell 1.2750 SL 25 TP 60 (DXY strength) EURUSD: Buy 1.0770 SL 50 TP 120 (DXY weakness) USDCHF: Sell 0.8950 SL 25 TP 55 (DXY weakness) USDCAD: Buy 1.3795 SL 20 TP 50 (DXY strength) Gold: wait for a reaction at 2280 support levelby JinDao_Tai6
NAS Long Term ThouoghtI'm just leaving this here as I thought about how I see NAS playing through the year. Will comment on how it plays throughLongby Rizq-FXUpdated 222
$Nas100 TRADE IDEATVC:NDQ is poised to drop lower to 19,132 for a 50% correction after yearly ATH expansion. With US CPI in view, this seems likely to play out between London and NY session close todayShortby Bankhead0072
(NASDAQ) CPI & Fed Rate: Key Drivers for Market Volatility TodayTechnical Analysis Nasdaq The price reached the target we mentioned yesterday and has now achieved 19,250. Today's Outlook: Today, the market is expected to be volatile due to the CPI release and the Federal Reserve's rate decision. A CPI reading below 3.4% is likely to support an uptrend, while a reading above 3.4% could negatively impact the indices. Bullish Scenario: If the CPI is below 3.4%, as long as the price trades above 19,100 and 19,220, the bullish trend is expected to continue towards 19,450. It is possible that the price may retest 19,100 before resuming the bullish trend. Bearish Scenario: If the CPI is above 3.4%, stabilization below 19,100 would indicate a move towards 18,940. A further break below 18,940, confirmed by a 1-hour candle close, would signal a downtrend towards 18,810. Key Levels: - Pivot Line: 19,200 - Resistance Levels: 19450, 19570, 19720 - Support Levels: 19100, 18940, 18810 Today's Expected Range: The price is expected to move between the support at 18,940 and the resistance at 19,570. Our Previous Prediction: Longby SroshMayi2216
FTSE on a 1-month correction. Is it over?Great display of compliance to technical dynamics by FTSE 100 (UK100) on our previous analysis (April 29, see chart below) as after hitting our 8350 Target it got rejected exactly at the top (Higher Highs trend-line) of the long-term +2 year Channel Up: The corrective pattern broke yesterday below the 1D MA50 (blue trend-line) for the first time since April 19, which technically opens the way for a test of the next Support level, the Higher Lows Zone. As you can see, this Zone has been providing Support (and the most optimal buy entry) since the January 17 Low. As a result, as long as the 1D MA100 (green trend-line) is holding, we will buy the next Higher Lows contact and target 8350 (Lower Highs projection similar to February 07 2024 and October 17 2023). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot9
$DXY [WEEKLY] OUTLOOK TVC:DXY major grounds to cover on the upside. bullish momentum remains but some major retracements to be made this week. 105 remains a key zone for next runby Bankhead0070
DXY Federal Reserve dayOn Federal Reserve day, be cautious of severe fluctuations. We are very close to reaching 105.400, and from this point, we can sell the dollar in the medium term, and from 105.700 in the long term. The current inflation rate is 3.4%, which is expected to be 3.4%, and in my personal opinion, I expect inflation to drop to 3.2%. With the release of the news, I see the dollar index rising to the specified area on the chart, which is 105.700, and then starting to decline with the interest rate decision and Jerome Powell's press conference. Be cautious as the market does not react immediately to trends on such days. Pay attention to the classical school and integrate it with advanced schools like ICT, and enter with capital management without taking risks. In my personal opinion, trading during the time when the Fed Chair speaks is not a good idea and is a form of gambling. You should look for key points and weaknesses and start your trading with a well-studied plan without rushing. You should know that the market takes direction after a few days or at the beginning of the new week. Any talk or indication of timing the reduction of interest rates will be negative for the US dollar. #Hezha_Ravandi Good luck.by Hejaaa2
DXY Update... AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals. If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion, please feel free command me.by AronnoFx1
FTSE 100 Index Declines After Labour Market NewsFTSE 100 Index Declines After Labour Market News The British stock index FTSE 100 (UK 100 on FXOpen) dropped nearly 1% yesterday due to the release of economic data indicating a rise in unemployment. According to ForexFactory: โ The Claimant Count Change (number of unemployment benefit claims) was 50,000 (expected = 10.2k, previous month = 8.4k). This is the highest number since March 2021. โ The unemployment rate slightly increased to 4.4% compared to the previous value of 4.3%. However, today the FTSE 100 (UK 100 on FXOpen) chart is showing signs of recovery. Fundamentally: โ GDP news did not bring any unpleasant surprises; โ Weakening in the labour market might prompt the Bank of England to lower the interest rate to stimulate the economy, which should support the stock index. From a Technical Analysis Perspective of the FTSE 100 (UK 100 on FXOpen): โ At the low of the decline, the price found support at the median line of the upward channel that has been in place since last autumn (shown in blue); โ The median line is reinforced by the 50% Fibonacci retracement level from the bullish impulse AโB; โ The price failed to consolidate below the late May low around the 8150 level, indicating a local capitulation of bears. Bulls, on the other hand, might use these technical support factors to attempt to resume the upward trend within the blue channel. To do this, they will need to break the resistance of the trend line (shown in red). Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen116
uptrend It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed. As long as the index is above the 50% level, the continuation of the upward trend is likelyLongby STPFOREX0
check the trend The uptrend is expected to continue up to the specified resistance range. Then a trend change is expected. If the price crosses the red resistance zone, the downward trend will be canceledby STPFOREX3
DXY Weekly Analysis Dollar index has retested the weekly fvg and also sweeping the Swing Low on Daily Time frame. After sweeping the low the DxY reversed and made a new high with a market structure shift . In the upcoming weeks the dxy will retrace a little to the daily fvg and from there will target buyside Liquidity near 105.7 and 106.5Longby zebs9332
Small caps will continue to underperformSmall caps have under performed for 20 years and will continue to do so. Don't take the bait that "they're cheap, Fed rate cuts blah blah". Longby WVS_StockscreenUpdated 1