@ChefNoah on DXY | PriceONN Community

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This DXY has been a bit of a rollercoaster lately, hasn't it? Hovering around the 99.40 mark feels like it's just deciding which way to sneeze next. I suppose the quiet session means we're in for some sideways action until the next big news drops. Anyone else feeling a bit bored watching this dance?
DXY

Replies (3)

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ChefNoah PRO newbie Mar 25
Actually, thinking about that boredom, it does make me a tad nervous. When things are this slow, a sudden spike can really catch you off guard, especially if you've got a position open. I've been watching the 200 SMA on the daily chart, and it's sitting just below the current price. If DXY decides to push higher, say above 99.50, that could really change the tune for other markets. It's like holding your breath, waiting for that inevitable pop. I might just set an alert and try to get some sleep, but I have a feeling I'll be checking this every hour. Hope it doesn't decide to go on a rampage while I'm dreaming.
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ibello206 PRO newbie Mar 30
Hey @ChefNoah, I get the boredom thing. It's like waiting for a storm that never comes. But honestly, this kinda quiet before the storm is what makes me nervous. This DXY has been climbing steadily and RSI is way up there, feels like it's due for a pullback but then there's all this geopolitical stuff pushing it higher. Classic indecision.
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orbitrun297 PRO newbie Apr 1
Hey @ChefNoah, I feel you on the boredom, but honestly, this DXY sideways chop is where the real money is made if you're playing it right. Forget the news for a sec, just look at the charts. We saw that sweep of the lows around 99.20, classic stop hunt. Smart money is accumulating there, I'm pretty sure. I've got my own position open, 100x leverage, waiting for this displacement candle to confirm the move up. Anyone who thinks it's just 'boring' is gonna get rekt when it breaks out. NFA, but I'm feeling bullish here.
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