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Crypto Hedge against Trumpism chaos, destruction and tariffsTrump is going to wreck havoc on the US economy which is why many are hedging against USD with crypto. Inflation, shortages and recession are coming in a few years. For awhile, Biden policy will prop up USD but once Trump policy kicks in and effects the government, expect food shortages from deportations, recession from tariffs and draconian policy and more wars with Putin unchecked. Chaos is coming in about year 2 into Trump presidency. Until then I expect positive Biden policies to continue to strengthen US dollar while smart hedgers long crypto the hedge against the chaos that is coming. When not if.
EIGHTCAP:ETHUSDLong
by ghosttrees
1
Is the Kiwi Ready to Bounce? Approaching Key Support!The Kiwi took a major hit in October, dropping sharply from the 0.638 resistance level, which has held strong for over two years. Looking at the weekly chart, we can see that the market has formed a clear range between 0.638 and 0.588—the lower level we’re now approaching. On the daily chart, the initial drop was intense, with strong selling momentum evident in large red candles. However, as the price dropped past the halfway point of the range, momentum began to ease. This slowdown is visible in the smaller, mixed red and green candles. This price action indicates that selling momentum is slowing as we approach the 0.588 level. In fact, the market has now started moving sideways, signaling that buyers may be accumulating at the bottom of the range. Given these signals, I’ll be looking for buy setups using my TRFX Indicator, focusing on the 4-hour to 8-hour timeframes. Ideally, I’d like to see another dip toward or even slightly below 0.59 before entering. The target for this setup is the top of the range, with the setup invalidated by a clear weekly break below the 0.588 support. Let me know what you think below! :)
Long
by TheFxAce
9
EURUSD The sell-off isn't over yet.The EURUSD pair is extending the sharp sell-off after the most recent bearish signal upon the 1D MA100 (green trend-line) rejection. This is practically the same sideways Zones we talked about almost a month ago (October 14, see chart below): The price broke below the 1-year Higher Lows trend-line that was the last 'hope' for a bullish reversal and should now extend the bearish trend even lower. The 1D MA100 rejection was also a rejection on the 0.5 Fibonacci retracement level and as you can see this is identical to the August 31 2023 rejection. That was half-way through a Channel Down (also starting from the Resistance Zone) that eventually targeted the 1.236 Fibonacci extension. As a result, we remain bearish on this pair, targeting 1.05300 (Fib 1.236 extension), unless the 1D RSI hits 25.00 (oversold), in which case take profit regardless, as this RSI reading preceded the October 03 2023 bottom. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Who Benefits from a Weak Dollar?Who Benefits from a Weak Dollar? As the global reserve currency, the performance of the US dollar (USD) against currencies from other countries is an important trading indicator. While a weak dollar might sound negative, there are financial assets that benefit when the US currency – also known as the greenback because of the colour of the banknotes – trades lower relative to other currencies. Who benefits from a weak dollar? In this FXOpen article, we look at the definition of a strong dollar vs a weak dollar and how you can use a weak dollar in your favour. What Is a Strong vs a Weak US Dollar? The foreign exchange (FX) market operates like other financial markets – prices are driven by supply and demand. On the FX market, currencies are traded in pairs. What affects the performance of a strong currency vs a weak currency? Supply consists of the currency being sold, while demand is created by the currency being bought. As in other markets, the value of one currency relative to another fluctuates constantly based on macroeconomic factors such as interest rates, inflation, central bank reserves, and trade balances. As prices fluctuate, there are opportunities to profit from trading strong and weak currencies. For example, when consumers and businesses increase demand for US dollars, the value of the currency increases – or strengthens – relative to other currencies, allowing traders to exchange their dollars for a larger amount of another currency than before. Still, if they want to buy the USD, they will get less of it than they could previously. Conversely, when demand for the dollar falls, its value weakens relative to other currencies and traders receive a smaller amount of foreign currency than before or can buy more dollars with their native currency. What Causes a Weak Dollar? Several major drivers cause the USD and other currencies to weaken, including: - Central bank policy. In the US, the Federal Reserve sets interest rate policy, which tends to drive the demand and supply of dollars. When interest rates rise, investors bring funds into the country to receive higher interest payments, increasing demand for the currency. When interest rates fall, investors look to other countries with higher rates where they can receive a larger return. - Inflation. High inflation reduces the dollar’s purchasing power, pulling down its value against other currencies. - Fiscal policy. US government policies on spending lower the value of the dollar if they increase supply through economic stimulus, such as during the Covid-19 pandemic. - Economic growth. A slowdown or contraction in growth has the potential to make the US less attractive to foreign investors and traders and weigh on demand for USD. - External central banks. Monetary policies of other central banks, e.g. the European Central Bank (ECB) or the Bank of England (BOE), can result in their currencies strengthening relative to the dollar. - Geopolitics. The greenback is considered to be a safe-haven asset, meaning that during times of economic or geopolitical uncertainty, investors sell their higher-risk assets and buy it as a store of wealth. The dollar tends to decline when risk-on sentiment prevails. The US Dollar Index (DXY), which measures the value of the USD against a basket of other currencies, initially fell during the Covid-19 pandemic as extended lockdowns affected the global economy but rose as restrictions eased. However, a “strong” currency is not always better than a “weak” currency. Some groups can benefit from a weaker currency. Who Benefits When the US Dollar Weakens? Multinational Companies US-based companies that generate substantial amounts of revenue in foreign currency from other countries can raise their profits, as they receive more dollars when they convert their earnings. For example, if a US multinational company sells goods in Europe and brings in €1 million in revenue, an exchange rate of €1 to $1 would convert to $1 million. However, if the dollar weakens to $1.20 to €1, the same €1 million would be worth $1.2 million. Multinational companies that operate in multiple countries and multiple currencies can boost profits across their foreign operations. US Exporters US firms that export their products and services abroad benefit when the greenback falls in value as they become cheaper for foreign buyers, increasing demand. If exporters raise their prices in USD terms, these will still translate into higher prices in other currencies. US Producers A lower US dollar makes imports of goods and services produced in foreign countries more expensive for US consumers. This benefits US producers that compete with importers, as they can sell more domestically-manufactured goods – such as American cars – to US buyers at lower prices than imported goods. When the US dollar weakens, the relative value of the euro rises, making a car imported from a German manufacturer more expensive for US consumers to buy as the company will need to raise the dollar price to receive the same amount of euros. Investors Traders and investors in assets paired with or priced in USD can benefit from better performance when the greenback weakens. And as multinational companies tend to increase their profits, their shareholders can benefit from higher stock prices and dividends. Prolonged weakness in the dollar can encourage overseas companies to acquire US companies at a discount. In addition, investors in foreign stocks, bonds, or other assets receive higher returns when they sell the investments and exchange the proceeds for USD. If dollar weakness prompts the Federal Reserve to reduce interest rates to stimulate the economy, borrowing costs fall for those who borrow US dollars to finance their investments. As we have seen, a decline in the value of the dollar is not always negative. So, what does a weak dollar mean for traders? How can you trade to profit from a falling USD? How to Trade a Weak Dollar There are different ways traders can make money from US dollar weakness. You can trade indices, stocks, currencies, commodities, and cryptocurrencies* via CFDs on platforms such as TickTrader. Short the US Dollar Index You can go short on the USD by selling the US Dollar Index or an exchange-traded fund (ETF) that tracks the direction of the dollar. To short it, you open a sell position and wait for its value to decline. When closing a trade, you buy it back. The difference between the ask and bid prices is your profit. Trade Currency Pairs If you expect the greenback to weaken, you can trade it against another currency by buying a pair where it’s a quote currency, e.g. EUR/USD, and selling a pair in which it is a base currency, e.g. USD/JPY. Buy Commodities Commodities such as crude oil, metals, and coffee tend to trade in an inverse relationship to the US dollar because they are priced in USD, so a lower value of the US dollar means that commodities become cheaper for buyers, so the demand increases. You can go long on commodities such as gold when the dollar begins falling to profit from the price rise. Buy Stocks As US multinationals and exporters perform well when the USD weakens, investing in their stocks can generate positive returns. For example, healthcare company Johnson & Johnson’s share price has historically tended to rise on a weaker USD. The stock gained around 20% when the dollar fell during the COVID-19 pandemic, as investors anticipated that the company's foreign revenue would rise in dollar terms. Buy Cryptocurrencies* Cryptocurrencies* such as Bitcoin and Ethereum have emerged as an alternative asset class that you can use to potentially profit from currency fluctuations, such as hedging against a weak greenback. Cryptocurrencies* tend to gain value when the USD weakens, so you can go long when you expect it to fall and exit the position when it strengthens. Downsides of a Weak Dollar For traders and investors, a weak greenback can help generate profits, but there are drawbacks to an extended decline. As the purchasing power of American consumers falls over time, they can cut spending and switch to generic brands, reducing US revenues for multinational firms and weighing on their share prices. Traders holding US dollars also have lower purchasing power when buying foreign assets, such as non-US stocks priced in other currencies. When the value of the USD declines, volatility in financial markets can rise as investors and traders become more risk-averse. A lower USD exchange rate also affects trade with nations with stronger currencies. It can become more attractive for other countries to adjust their currency values to gain a competitive advantage in international trade. The potential for currency manipulation can contribute to political tensions. The Bottom Line The use of the terms “strong” vs “weak” in describing currencies does not always equate to “good” and “bad”. There are opportunities to trade on a weak US dollar that can generate profits for traders. It is important for traders and investors to carefully analyse the opportunities and downsides of a weak US dollar before taking a position. They should stay informed about the global economic and geopolitical developments that can affect currency values and financial markets. If you are looking to trade assets based on the value of the USD, you can open an FXOpen account and trade forex, cryptocurrencies*, indices, stocks and commodities. *At FXOpen UK, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules. They are not available for trading by Retail clients.
Education
by FXOpen
6
Bullish rise?US Dollar Index (DXY) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance which acts as a pullback resistance. Pivot: 104.42 1st Support: 103.45 1st Resistance: 106.04 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
TVC:DXYLong
by ICmarkets
EURUSD giving a buy signal on amazing symmetry.EURUSD is under heavy selling pressure since the elections result. Still, today's 1day candle is the 3rd in a row that doesn't cross Support A. As you can see the pair displays an uncanny symmetry, having respected all symmetrical Resistance and Support levels since the Double Top of September 25th. This is a buy signal that is aiming at 1.09000 (June 4th High). Previous chart: Follow us, like the idea and leave a comment below!!
Short
by TheCryptagon
1
DXY topped on the 1-year Channel Down. Strong downside potentialThe U.S. Dollar index (DXY) has been trading within a Channel Down pattern since the October 03 2023 High (13 months) and yesterday got the first red 1D candle after almost touching the pattern's top (Lower Highs trend-line) the day before. As the 1D RSI has dropped significantly after being overbought 2 weeks ago, this is a very similar top formation to the Highs of April 16 2024 and October 03 2023. As a result this is the earliest possible sell entry we can take to target long-term the new Lower Low of the Channel Down. The previous two Bearish Legs priced their Lows after roughly a -6.00% to -6.25% decline, just above the 1.1 Fibonacci extension. As a result, our Target is 99.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DXYShort
by TradingShot
3
USDCHF Short-term Channel Up targeting 0.88120The USDCHF pair is following very accurately our September 17 projection (see chart below) and is already half-way through our 0.90500 Target: As mentioned then that was a long-term bottom buy opportunity, but that doesn't mean shorter ones don't exist on the lower time-frames. On this chart, we've identified one on the 4H time-frame where the price got rejected at the top of the October Channel Up and pulled back to the 0.382 Fibonacci retracement level. This resembles the October 08 0.382 Fib rejection, which was also contained above the 4H MA50 (blue trend-line) and resumed the uptrend all the way to the -0.236 Fib extension. As a result, our short-term Target is 0.88120. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
EURUSD MA50 (4h) rejection gives one more buy opportunity.EURUSD got rejected today on the MA50 (4h), after the price bottomed yesterday near the lows of the Channel Down. The rejection could technically be a final buy opportunity similar to the October 25th rejection, which lated resumed the uptrend and completed a +1.64% bullish wave. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.08550 (+1.64% from the low). Tips: 1. The RSI (4h) crossed above the MA trend line, confirming that this is indeed a bullish wave. Please like, follow and comment!! Notes: Past trading plan:
Long
by TradingBrokersView
1
$USINTR -Feds Cuts RatesECONOMICS:USINTR (November/2024) source: Federal Reserve -The Fed lowered the federal funds target range by 25 basis points to 4.5%-4.75% at its November 2024 meeting, following a jumbo 50 basis point cut in September, in line with expectations. Policymakers reiterated their previous message that they will carefully assess incoming data, the evolving outlook, and the balance of risks when considering additional adjustments to borrowing costs. On the economic front, the Fed noted that recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the 2% objective but remains somewhat elevated. However, officials removed a reference they had “gained greater confidence” that inflation is moving toward the target.
ECONOMICS:USINTR
by Mr_J__fx
GOLD REACHES NEW HEIGHTS AMID RISING SAFE-HAVEN DEMANDUS economic data   Positive news came from the jobless claims, which dropped to 241,000, much lower than expected and down from the revised 260,000 from the previous week. US retail sales also did better than predicted, rising by 0.4% from the month before, compared to an expected 0.3% increase. Nonetheless, positive retail sales and strong jobless claims are unlikely to alter the course of the Fed's monetary policy. ECB rate cut   ECB cuts rates as expected and upcoming months will be crucial as the ECB evaluates economic conditions and decides on its future monetary policy approach. US dollar index-   The US dollar index showed a minor decline due to profit booking.  A break above 104 would confirm a continuation of the bullish trend.   Based on the CME FedWatch Tool, the likelihood of a 25 basis point rate cut in November has risen to 92.2%, up from 89.50% just a week ago.
OANDA:XAUUSDLong
by DynamicCapital-FX
USDCNY | Market outlook The USD/CNY strengthened on Tuesday as a stronger U.S. dollar and concerns over a weak Chinese economy put pressure on the Yuan. Recent data from China revealed that manufacturing activity fell to a six-month low in August, while growth in new home prices also slowed during the same period. Additionally, the property sector has yet to respond positively to Beijing's series of stimulus measures, continuing to drag down the overall economy.
Short
by DynamicCapital-FX
Weekly FOREX Forecast: USD Is Strong Vs EUR, GBP, AUD NZDThis is an outlook for the week of Nov 4 - 8th. In this video, we will analyze the following FX markets: USD Index, EUR, GBP, AUD, and NZD. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6N1!
by RT_Money
6
DXY bulls are enjoying the moment. But for how long?Yes, the positivity is coming in for DXY bulls, but is it just an illusion? Stick around and let's take a quick look. TVC:DXY Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EASYMARKETS:USXUSD
by easyMarkets
GBPUSD: Updated Support & Resistance Analysis 🇬🇧🇺🇸 Here is my latest structure analysis for GBPUSD. Horizontal Structures Resistance 1: 1.304 - 1.310 area Resistance 2: 1.331 - 1.332 area Resistance 3: 1.341 - 1.343 area Support 1: 1.284 - 1.286 area Support 2: 1.277 - 1.280 area Support 3: 1.266 - 1.269 area Vertical Structures Vertical Support 1: Falling trend line Consider these structures for pullback/breakout trading. ❤️Please, support my work with like, thank you!❤️
Long
by VasilyTrader
1
GOLD OUTLOOK Gold a safe heaven as we have taken bunch of profits today as it was our lucky day now as we see all day activity gold price remained very choppy price didn't broke above 2748 price level of resistance also didn't broke below 2731 price level of support as price has formed immediate resistance level of 2746-48 Now we again predict a fall in price as from H4 to H1 we can observe price is in a bearish momentum although price is showing some bearish signs over Daily Time frame but still price is in a bullish trend daily as we haven't observed any CHOCH on daily TF GEOPOLITICS As Geopolitics is concerned tight situation between iran and israel has loosen up to some extent of some tension increases we can see a bull run over price US ELECTIONs As far as today's big news is concerned gold is under effect of US Congress elections and what we have observed today is election effect tomorrow at 6th we can see any predictable price movment till now we are bearish over gold as price is all sideways
OANDA:XAUUSDShort
by Wakeel_Saab