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DOLLAR DRAMA: Forex Markets STALLED While US Employment Shines!
The Forex scene is on a shocking summer snooze! Two days of snoozefest trading with major currency pairs stuck in a tiny 300 pip range! But hold on to your hatsโthe US Dollar is trying to stage a comeback! Could this be the spark we’ve been waiting for to ignite some serious market volatility?
HUGE EMPLOYMENT REPORT: US Jobs OUTPERFORM Expectations!
BREAKING NEWS! The latest employment report just dropped, and itโs a jaw-dropper! 227K jobs added compared to the predicted 235K! This is yet another HUGE sign of strength for US Employment, proving the naysayers wrong! Remember when claims spiked in June? HA! Just a temporary blip! The latest numbers are setting the stage for a wild ride!
TARIFF TORNADO: 50% Tariffs on Imports! Are You KIDDING?
Hold onto your wallets, folks! The Trump Administration is at it again, imposing a CRAZY 50% tariff on imports, including anything that comes from Brazil! What are they thinking?! Itโs like trying to breathe life into US Industrial production only to strangle it with inflated import costs! Markets are bracing for the fallout from this reckless strategy.
US DOLLAR: Time to BREAK FREE? DXY on the MOVE!
As we turn our spotlight on the US Dollar, itโs about to burst out of its 2025 descending channel! A BULLISH divergence has emerged, signaling a potential turnaround! Short-sellers, beware! The Greenback has been surprisingly strong, and itโs poised to shake things up in the second half of the year.
IS A BREAKOUT LOOMING? Keep Your Eyes Peeled!
June saw a tiny upside breakout, but this market needs a BOLD move to confirm that the downtrend is toast! Dollar buyers are circling, using a bullish trendline to retest weekly highs at 97.84. The momentum is heating up as the Greenback flirts with the 1H MA 50โbut will it break out or crash down?
LEVELS TO WATCH: DOLLAR TROUBLE or TRIUMPH?
Support Zones:
- Current Range Lows: 97.20
- Consolidation Low Support: 97.00
- 2025 Lows: 96.50
Resistance Zones:
- Immediate Pivot: 97.60 to 97.80
- Current Resistance: 98.00
- 4H MA 200: 98.20
- Main Resistance: 99.20 to 99.40
STAY ALERT! Safe Trades Ahead!
The market is on the edge of its seat, and you wonโt want to miss what comes next! Buckle up for a thrilling ride in the Forex world!
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