J-DXY
What now for the dollar after a poor NFP report?It is difficult not to link the bad US data to the impact of tariffs. Indeed, it certainly looks that way, especially given that the slowdown in jobs started in early Q2 when reciprocal tariffs were announced. Companies expecting margins to be squeezed by higher duties probably thought twice about hiring workers in order to keep costs down. So, the US labour market has been losing steam fast, undoubtedly due to tariff concerns. Unless the data surprises on the upside soon, the Fed may have no choice but to cut—and cut again. Against this backdrop, the recovery in the dollar is going to a long bumpy road.
We noted the area around 100.00 to be resistance in the previous update, and that level has held, thanks to the weak jobs report (and ISM survey that was released later). The DXY was testing potential support around 98.95 at the time of writing. Will it be able to bounce there? Break that on a closing basis and next week could bring more technical dollar selling.
By Fawad Razaqzada, market analyst with FOREX.com
USDCHFHello Traders! 👋
What are your thoughts on USDCHF?
USD/CHF has broken above its descending trendline and cleared a resistance zone, signaling a potential trend reversal and growing bullish momentum.
After some minor consolidation and a pullback to the breakout zone, we expect the pair to continue its rally toward the next identified targets.
The broken resistance now acts as new support, and as long as price remains above this area, the bullish outlook remains valid.
Is USD/CHF ready to extend higher toward its next targets? Share your view below! 🤔👇
Don’t forget to like and share your thoughts in the comments! ❤️
NFP Volatility Ahead – Is the Dollar Ready to Break Higher?🟢 DXY Outlook – A Key Day for the Dollar Index
Yesterday’s monthly candle closed with strong bullish momentum, marking a powerful start to August. Today, on the first trading day of the month, we’re expecting three major U.S. economic releases:
NFP, Average Hourly Earnings (m/m), and the Unemployment Rate.
As discussed in last week’s outlook, DXY has successfully broken above the key 100 level and confirmed a monthly close above it — a significant technical development. With no major order blocks or visible resistance in the way, the path toward the 102 target appears technically clear.
That said, I anticipate mixed data from today’s releases — which means we could see both sides of liquidity being taken during the initial reaction. Price might dip toward lower zones temporarily to collect liquidity before resuming its bullish move toward 102.
📌 In summary:
From a swing perspective, I believe the direction remains bullish for the Dollar Index as long as we hold above the 100 level.
When I say the data might be “mixed,” I mean the market could show an initial drop toward lower zones at the time of release — not because of a reversal, but to grab liquidity before continuing higher toward the 102 target.
Unless we see something unexpectedly extreme in the numbers, I expect the DXY to remain on track to reach the 102 level in the coming days or next week.
🔁 This analysis will be updated whenever necessary.
Disclaimer: This is not financial advice. Just my personal opinion.
DXY Just Broke Through the Lock… Where’s the Market Headed Now?🌅 Good Morning, Friends!
A few days ago, I marked 98.950 as a key threshold for the DXY index. As of today, that level has officially been broken—and the bullish momentum we anticipated is now kicking in. 📈
The next target? 101.000.
That said, it’s crucial to remember: DXY is heavily influenced by fundamental data. Stay alert and keep a close eye on key economic developments—they’re essential for navigating this move.
This breakout validates the analysis I shared with you all. And it wasn’t just about charts—it was about discipline, precision, and timing.
Every single like from you is a huge boost to my motivation. Thanks from the heart—your support drives me to keep sharing these insights! 💙
XAU/USD (Gold) - Triangle Breakout (1.08.2025)The XAU/USD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 3249
2nd Support – 3225
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Close out the Week STRONGLooks like price has found its bottom and is ready to push from here. We are looking for a strong forceful break out from this zone so we can go for the higher levels. Everything looks right from here and value keeps shifting up. I know we should get a solid entry but waiting for it to line up with time.
S&P Correction Window is official - VOLATILITY AHEADIt's that time of year where the pre-summer push wraps and the summer lull and potential
pause gets underway.
July 31 finished on a bit of a sour note with over 67% of stocks declining today and US indexes finishing RED despite the big gaps and bullish pops on MSFT and META post earnings.f
SPX Key Levels
-watch the 21 day moving average
-watch the 50 day moving average
-more dynamic support in the 100/144/200 moving average cluster
I'll be taking bites at the 5/10/15% correction levels with options and looking for this dip
to be bought by retail and institutions.
Will August 1 US Tariff Deadline matter? After Japan and Eurozone came in and said a deal is being done, I was thinking this would be a dud. BUT, Dr. Copper says "maybe" on the global
tariff deadline with the largest single day move in history (bearish). Being the perfect time of year for a correction (the other being Feb-Apr), and the technicals looking so clean for an
orderly pullback, VIX may float higher and make things more interesting in the next 30-60 days.
Strategies matter, I'll be trading risk defined, but there are great opportunities ahead. A pullback is sure better than literally watching all-time highs every single day.
Thanks for watching!!!
Bearish reversal off overlap resistance?The US Dollar Index (DXY) is rising towards the pivot and could reverse to the 1st support.
Pivot: 100.23
1st Support: 99.29
1st Resistance: 101.09
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DXY testing 100.00 resistanceThe US dollar index has risen to rest a key resistance area around the 100.00 level. Previously a key support and resistance zone, what happens here could determine the near-term technical direction for the US dollar.
Key support below this zone is at 98.95, marking a prior resistance. Given the short-term bullish price structure, I would expect this level to hold if the greenback were to ease back from here.
If the bullish momentum gathers pace, then 101.00 could be the next stop, followed by the recent high of 101.97.
From a macro point of view, resilient economic data and persistent core inflation concerns continue to support the Federal Reserve’s cautious policy approach. Today’s core PCE inflation reading came in slightly above forecast, at 2.8% year-over-year versus the expected 2.7%. In addition, jobless claims were better than anticipated, registering 218,000 compared to the 224,000 forecast. The Q2 Employment Cost Index also surprised to the upside, rising 0.9% quarter-on-quarter.
These figures follow yesterday’s stronger-than-expected GDP report and a solid ADP private payrolls release, further underscoring the strength of the U.S. economy.
Attention now turns to Friday’s nonfarm payrolls report, which could have a meaningful impact on rate expectations. Fed Chair Jerome Powell has emphasized the importance of the unemployment rate as a key metric, so any upside surprise could reinforce the Fed’s current position.
However, expectations are not very high for the non-farm payrolls report. Current forecasts suggest an increase of 106,000 jobs, with average weekly earnings rising 0.3% month-over-month, and the unemployment rate edging up to 4.2%. Yet, the scarcity of strong leading indicators this month adds a layer of uncertainty to the outlook.
By Fawad Razaqzada, market analyst with FOREX.com
$USPCEPIMC -U.S PCE Prices Rise (June/2025)ECONOMICS:USPCEPIMC
June/2025
source: U.S. Bureau of Economic Analysis
- The US PCE price index rose by 0.3% mom in June, the largest increase in four months, and in line with expectations, led by prices for goods.
The core PCE index also went up 0.3%, aligning with forecasts.
However, both the headline and core annual inflation rates topped forecasts, reaching 2.6% and 2.8%, respectively.
Meanwhile, both personal income and spending edged up 0.3%.
DXY USDOLLAR CRASH Incoming!Long-term fundamentals are bearish
Long-term sentiment = bearish
Long-term technicals = bearish
Trump wants a weaker dollar + FED injecting endless amounts of cash into the markets
driving stocks/ gold up, and the dollar down, losing purchasing power.
My plan is to look for shorts on the 1hr-4hr timeframe with lower timeframe confirmation.
Once price starts turning over, day-traders can join in.
Agree or disagree?
U.S. Dollar Index (DXY) – Pro Analysis | 1H Chart |1. Strong Bullish Momentum
DXY broke out sharply above the 99.41 resistance, showing clear strength from bulls with minimal pullbacks during the rally.
2. Short-Term Rejection at Supply
Price was rejected from the 99.978 zone — a key supply area. This indicates the presence of active sellers near the psychological 100 level.
3. Retesting Breakout Structure
Currently hovering just above 99.669, the DXY is retesting the previous breakout level. This could act as short-term support if bullish momentum resumes.
4. Next Key Zones
Resistance: 99.978 → 100.534
Support: 99.411 → 98.92
Break below 99.411 may invalidate the breakout.
5. Outlook
Bias remains bullish above 99.41. However, failure to reclaim 99.978 soon may signal temporary exhaustion or consolidation before next leg up.
XAU/USD Trendline Breakout (30.07.2025)The XAU/USD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Trendline Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 3360
2nd Resistance – 3377
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USD Dollar Index (DXY): Pushing Higher As Forecast!Welcome back to the Weekly Forex Forecast for the week of July 30 - Aug1
In this video, we will analyze the following FX market:
USD Index
In my last USD video, the forecast was for higher prices. Check the related links below to see that video forecast. It played out exactly as analyzed. The +FVG was used to push for higher prices. The FOMC decision to keep the rate unchanged only pushed it further along.
Enjoy!
May profits be upon you.
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DXY with interest rates With interest rates remaining steady, the U.S. Dollar is currently moving in a bullish direction.
As shown in the chart, it seems likely that price will break the previous high and form a bullish Quasimodo (QM) pattern. The price may then reach the 50% Fibonacci level.
After that, we should wait and observe the market's reaction.
If price gets rejected from the 103 zone — especially if accompanied by a rate cut or bearish price action — we could see a sharp decline toward the 95 area.
This 95 zone also aligns with a key weekly Fibonacci support level on the Dollar Index.
As long as the Federal Reserve maintains its hawkish stance, the U.S. Dollar may continue its upward momentum. However, the 103–104 zone — which aligns with the 50% Fibonacci retracement and a significant supply area — could serve as a strong resistance.
If price gets rejected from this area and we simultaneously see signs of a rate cut or weakening U.S. economic data, a trend reversal and corrective phase could begin. In that case, lower targets around 95 or even 93 could become likely in the medium term.
good luck
DXY Bulls Ready — Can Powell Spark the Rally?📊 DXY Pre-FOMC Outlook
In my previous analysis released on Monday, I expected the Dollar Index to fill the gap around the 98.60 zone and range below the key red line at 99.429.
Now, with less than 8 hours left until the highly anticipated FOMC rate decision, it’s time to take a closer look at tonight’s event and what it could mean for the markets.
From a purely technical perspective — setting the news aside — the Dollar Index looks ready to break through the crucial 100 level and kick off a strong bullish rally.
However, recent political pressure from Trump urging rate cuts, along with visible tension between him and Fed Chair Jerome Powell, has created uncertainty. If it weren’t for these conflicting signals, I would’ve confidently expected a clean breakout above 100.
As much as I enjoy trading news-driven events, I’ll likely stay out of the market tonight and observe from the sidelines. The setup is tempting, but the dual narratives make it risky.
That said — if you ask for my final take — I believe the stage is fully set for a bullish dollar and a corresponding drop in gold, EUR, GBP, and other major assets.
Let’s see how it plays out. 👀💥
$USINTR -Feds Leaves Rates Steady (July/2025)ECONOMICS:USINTR
July/2025
source: Federal Reserve
- The Federal Reserve held rates steady at 4.25%–4.50% for a fifth straight meeting, defying President Trump’s demands for cuts even after positive GDP growth .
Still, two governors dissented in favor of a cut—the first such dual dissent since 1993.
Policymakers observed that, fluctuations in net exports continue to influence the data, and recent indicators point to a moderation in economic activity during the first half of the year.
The unemployment rate remains low, while Inflation somewhat elevated.
DXY still in downward channel. Rejection here = BTC rally The DXY is still in a downward sloping channel and trying to break back above the previous 2-year cycle low, but I think will reject here and kick off the next leg of the BTC rally.
Ideally we get a big DXY drop and ultimately break below the 95% level and on down into 'Bitcoin Super Rally Zone'🚀