A few hours ago, President Donald Trump signed a temporary budget bill that funds the government through the end of January 2026. In addition to reopening federal agencies, the bill includes three annual appropriations packages—covering defense and military needs, legislative branch operations, and the Department of Agriculture. The law also guarantees the reinstatement of government employees who were previously laid off, and the president proposed a one-time $10,000 bonus for air-traffic controllers who continued working during the crisis. At the same time, subsidies under the Obamacare program are expected to become a subject of future debate during negotiations on a long-term budget.
With the shutdown over, traders are now awaiting October’s U.S. inflation report. Forecasts point to a slight acceleration in core CPI—from 0.2% to 0.3% month-over-month—while the annual reading is expected to remain at 3.0%. Stable inflation could strengthen the Federal Reserve’s inclination to delay monetary easing. Earlier, Fed Chair Jerome Powell warned against overly optimistic expectations for a December rate cut, and most officials prefer to pause policy adjustments to assess the impact of prior decisions. However, a sharp move in consumer prices or weakening labor market data could shift the Fed’s tone back toward a more hawkish stance.
Support and Resistance Levels
Bollinger Bands on the daily chart show moderate upward movement, with the range narrowing—reflecting mixed, short-term trading sentiment. MACD shows a hesitant bullish attempt but still maintains a sell signal as the histogram remains below the signal line. Stochastic has bounced from the 20 level and is turning upward, pointing to moderate oversold risks in the very short term.
Resistance levels: 99.50, 99.71, 100.00, 100.35.
Support levels: 99.27, 99.00, 98.69, 98.28.
USDX Trading Scenarios and Outlook
Long positions may be considered after a confident breakout above 99.71, targeting 100.35. Stop-loss — 99.50. Expected timeframe: 2–3 days.
A return of bearish momentum followed by a break below 99.27 could signal new short positions with a target of 98.69. Stop-loss — 99.60.
Scenario
| Timeframe | Intraday |
| Recommendation | BUY STOP |
| Entry Point | 99.75 |
| Take Profit | 100.35 |
| Stop Loss | 99.50 |
| Key Levels | 98.28, 98.69, 99.00, 99.27, 99.50, 99.71, 100.00, 100.35 |
Alternative Scenario
| Recommendation | SELL STOP |
| Entry Point | 99.25 |
| Take Profit | 98.69 |
| Stop Loss | 99.60 |
| Key Levels | 98.28, 98.69, 99.00, 99.27, 99.50, 99.71, 100.00, 100.35 |