Another 48h - DXY Is Currently Testing Intraday Uptrend

2025/01/21
Another 48h - DXY Is Currently Testing Intraday Uptrend
“the first small fine intraday uptrend in 2025 could not hold!
will the trend continue? will trend fall? why it's so important?”



The new old US Trump, legitimized and introduced by the state yesterday, is in office - and immediately with a U-turn in front of reporters! What? After he refrained from announcing tariffs when he took office yesterday, he now wants to introduce tariffs of +25% against Canada and/or Mexico on February 1st. Which means that the whole sell-off in DXY will sooner or later more or less evaporate into thin air. But that's not the crucial point: I think that yesterday's rally in the DAX and/or EURUSD dissipated again today. Because most of the political reporters around Trump are waiting again and again and again for a new chaos scenario, in which they contradict him and want to tie him a bear to the leg - how we say here in my homeland Germany. It's a lot of fuss about nothing - if Trump does what he says and/or says what he does. Even if his political critics, even haters, no longer understand the world in 2025! "This will be the pattern of the new Trump era: one thing today, another tomorrow, no reliability, therefore high volatility!" My friend, cfd online broker analyst, who is secretly a disappointed Trump opponent, said to me today. Whether the golden age will break out again for the USA remains to be seen. “Without a reduction in the US fiscal budget and/or also a reduction in the foreign trade balance, definitely not!” - my personal subjective individual opinion. Because no non-American is responsible for both the US fiscal deficit and the US foreign trade balance, let alone for the overvaluation of Wall Street SP500 and/or DJIA in particular Magnificent 7 GOOG AMZN AAPL MSFT META NVDA TSLA from the NDX other than the US Americans themselves!

• Will we see a new annual high above 109,966 in 2025?
  
• Will the annual high of 108,583 points hold in 2024?

These were the two questions that need to be answered in order to learn something new. And price action answered both questions with yes: We had a new annual high of 110,176 on Monday, January 13, 2025. And/Or the annual high from the last trading day on December 31, 2025 with 108,853 points also held. So we can argue that the price action so far in 2025 (after the third calendar week) still tends to remain bullish. But with the handbrake on, Donald J. Trump will be reintroduced as the new US president on Monday.

“You know, I learned at a very early age that what kind of social system or political system prevails is very important. Not just for your well-being, but for your very survival. Because, you know, I could have been killed by the Nazis. I could have wasted my life under the Communists. So, that's what led me to this idea of an open society. And that is the idea that is motivating me.”
George Soros

• Will the annual high of 2024 with 108.583 points hold?
  
• Will the annual high of 2023 with 107.348 points hold?

After WallStreet was closed on Monday for Martin Luther King Day, the DXY fell at the start of the week on the day of the inauguration of the old new US President Donald Trump. Which is why, in order to learn something new this week, it goes without saying that these two questions should be asked for this 4th calendar week! Or?


110.176 : 2025/01/13 - Monday New 2025 High
109.966 : 2025/01/02 - Last Annual High 2025
109.533 : 2025/01/02 - 1st Annual High 2025
109.206 : 2025/01/03 - 1st High After 1st High 2025
108.602 : 2024/01/15 - Last Week Low
108.583 : 2024/12/31 - Annual High 2024
107.997 : 2024/12/21 - last price action
107.587 : 2024/12/20 - Last Low Of 2024
107.348 : 2023/10/03 - Annual High 2023
105.441 : 2024/11/06 - Trump Re-Election Day High
At the moment the price action in DXY is trading more or less on the first small but fine upward trend. Namely one that began to develop around the turn of the year 2024/25. And which is now being tested. Why is he so important? Because it proves the fundamentally still bullish price action in the DXY . That's why it is more than noticeable today - at least in my humble opinion - that the upward trend after reaching the annual high in 2023 at 107.348 points, from 2023/10/03 holds. Which was confirmed in the form of a W trend reversal formation in this year 2025 in the first days of this year below the annual high in 2024 at 108.583 from 2024/12/31! Why is this so important? Because I can imagine that at the beginning of the year many people thought that we would probably not have such a low price action in the DXY during 2025. Because after Tuesday, the 7th January 2025 traders and/or investors send the price action since Wednesday, the 8th January 2025 even always above the Annual High 2024 of 108.583 from 2024/12/31. Which was also confirmed in the past calendar week, with the weekly low on Wednesday, the 15th January 2025 at 108.602 points. Which I have already mentioned several times in the last few days.

With best wishes
and good intentions:
Aaron



Another 48h - DXY ... is pure information material.
By trying to give you even more information about the DXY every day to make even better trading decisions (buy/sell or do nothing). The goal of each day is from my side that you say to yourself after reading my daily analysis (Another 48h - DXY ...): "I didn't notice that before!" Because then you have received new information; yes - maybe even learned something!? If, yes? Then give me a like - and continue reading tomorrow! Concrete 4XSetUps with entry price, target price and also stop price are available in the daily 4XSetUps...