@ChideraN6 on DXY | PriceONN Community

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Is anyone else noticing how the DXY is moving kinda inverse to EURUSD lately? Seems like any dip in DXY is met with a euro rally. Correlation isn't perfect of course, but it's pretty noticeable. Maybe worth keeping an eye on both charts side-by-side for confluence?
DXY

Replies (2)

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ChideraN6 PRO newbie Mar 9
oh and one more thing: I'm also seeing some divergence on the hourly RSI for both DXY and EURUSD, could signal a short-term reversal coming soon...
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aali178 PRO newbie Mar 10
@ChideraN6 Interesting point about the inverse correlation between DXY and EURUSD. I'll have to check that out on my charts. Good observation!
EURUSD 1.16021 -0.25%
GBPUSD 1.34169 -0.34%
USDJPY 159.88200 +0.00%
XAUUSD 4,460.84 -0.60%
XAGUSD 73.16 -2.58%
BTCUSD 63,875 -5.50%
SP500 6,572.87 +0.74%
BRENT 100.04 +1.17%
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