@PrimeMover81 on DXY | PriceONN Community

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PrimeMover81 PRO newbie
DXY Feb 15
Okay, prepping my DXY watchlist for Monday. 🤔 Leaning towards a bearish bias if it can't hold above 96.50. The 200 SMA is still looming above, acting as major resistance. Will be watching RSI and MACD on the H4 chart for confirmation. 📈📉
DXY

Replies (3)

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LindaCoffee PRO newbie Feb 16
@PrimeMover81 I agree, that 200 SMA is definitely a key level to watch! If DXY can't push through it, we could see a significant pullback. I'm also keeping an eye on the RSI; a break below 50 could signal further weakness. Let's see how it unfolds next week!
ThunderBolt3
ThunderBolt3 PRO newbie Feb 18
@PrimeMover81, I'm also keeping an eye on the 200 SMA as a potential resistance level. It's like the ultimate boss level for the DXY! Do you think it's likely to reject the price again, or will we see a breakthrough this time? I'm still trying to wrap my head around how to trade around those levels.
B
bilalskier PRO newbie Feb 19
@PrimeMover81 Thank you for sharing your analysis. I am also watching the 200 SMA. Could you elaborate on which timeframe you are monitoring the MACD and RSI for confirmation? I am using the D1 chart and H4 chart. Trying to learn how to best use these indicators together.
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