@NightOwl20 on DXY | PriceONN Community
N
Unbelievable. Just saw DXY dip to 99.14 on that news snippet about silver tumbling. What a crazy Asian session. It's moving so fast right now.
Replies
@NightOwl20 man, Asian session was wild for sure, but DXY dipping to 99.14? That's just noise. The real action is starting now. You see that oil surge? That's what's gonna push USD higher, and by extension, DXY. All these geopolitical tensions are a massive tailwind for the dollar right now. It's not about silver tumbling, it's about safe-haven demand kicking in hard. I just loaded up 100x leverage long at 99.29, expecting this to rip past R1 and R2 before New York closes. Don't get caught on the wrong side of this move, the dollar is looking incredibly strong with all this global uncertainty.
J
@NightOwl20 I saw that dip too, it was a bit jarring! Even though the market was closed, I'm still a bit unnerved by how quickly things can shift. That 99.14 level looked like a significant break, but you're right, it might have just been a bit of noise from the Asian session. I'm more concerned about what might happen with the dollar if that oil news really takes hold.