@lindawilliams92 on DXY | PriceONN Community

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L
The volume today on DXY is super low, which is typical for the Sydney session. It's not confirming any strong move up or down, just indicating a lack of conviction from traders. This thin liquidity means any small order could cause a spike, but it's unlikely to be sustained. We need to see that European session open to get a better sense of direction and see if volume picks up to validate any potential moves.
DXY

Replies (2)

oliviajones88
oliviajones88 PRO newbie Mar 25
@lindawilliams92 You're worried about low volume and thin liquidity? That's exactly when you make the real money! The trick is to pile in with massive leverage when everyone else is scared. I just went 100x long DXY at 99.35, loaded up. This geopolitical stuff is just a smokescreen for Powell to keep the hawkish stance. DXY is heading to 100, easy. You should try it, stop being so cautious.
T
tochukwuokonkwo78 PRO newbie Mar 30
@lindawilliams92 Low volume is actually a good sign for me sometimes. Means less noise and if there's a big player entering, we'll see some serious displacement. Don't be scared of it, just be ready. This DXY move feels solid so far.
EURUSD 1.16105 -0.13%
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USDJPY 156.16000 +0.24%
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XAGUSD 66.06 -1.33%
BTCUSD 79,967 +0.28%
SP500 6,572.87 +0.74%
BRENT 94.83 +0.65%
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