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USD Index (USX) / US Dollar

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DXY 98.65 & 99.3/99.34 looking for
can wait till confirmation or 98.30/35 zone to enter

DXY deep move down as expected, now we need to see price turning up, ideally with a bullish candle as hint
Snapshot

📈 Short-term (2024–2025): The US dollar is likely to remain relatively strong due to the residual effects of interest rate hikes and capital inflows, with the exchange rate ranging from 140 to 155.

🔻 Medium-term (2025–2030): With the US debt crisis and the printing of money to finance debt, the creditworthiness of the US dollar will begin to decline, and the USDJPY will gradually fall.

⚠️ Around 2030: If a global currency reset/financial "flood" occurs, the US dollar may fall sharply, and the USDJPY may reach 90–100.

DXY chatgpt say
Inferences about USDJPY

Let's break it down:

If the US dollar falls sharply (depreciates)

A weaker US dollar would theoretically cause USDJPY to fall (USD/JPY falls, the yen appreciates).

However, Japan is also one of the countries with the most serious debt burdens in the world.

Japan's debt-to-GDP ratio is the highest in the world.

The Bank of Japan's prolonged period of ultra-loose monetary policy → The yen itself is also facing significant pressure.

In a "global financial flood" scenario:

If the market panics, funds traditionally flow into the yen for safety (the yen appreciates, the USDJPY falls).

However, if Japan itself experiences a debt/inflation crisis, both sides may be weak, but the dollar will be "relatively weaker," which will still cause USDJPY to fall.


DXY In about 1-2 months, there will be a demand for dollars because of elections in my opinion.

DXY is facing downside pressure, favouring a sell-side outlook as bearish sentiment weighs on the index.

DXY elliott wave state that if wave ii retracement is shallow, expect wave iv to be deep, we should see continuation move back up after it is done
Snapshot

DXY it's not only Powell's words now, but hard data that point to a slower easing cycle than the gloom crew had forecast -- expect more upside.

DXY A solid punch down and then up !? may up next week Monday or tuesday