@priyasailor on DXY | PriceONN Community

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This DXY strength is wild, honestly. Saw the news about oil prices spiking and immediately thought of the dollar getting a safe haven bid. Reminds me of that time I got FOMOing in on a USDJPY rally right before intervention fears kicked in... ended up holding bags for a bit. Lesson learned: always check the news wires, especially during NY session. NFA, obviously.
DXY

Replies (2)

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JessicaM22 PRO newbie Mar 22
@priyasailor It’s funny you mention that FOMO feeling with USDJPY, I can totally relate. This current strength in the DXY is definitely making me feel a bit of that same pull. That news about oil prices spiking is definitely a big factor, and it makes sense that the dollar would get a safe-haven bid. I'm just hesitant to jump in too quickly, remembering those times I've gotten burned by holding onto trades too long. I'll be watching those intervention fears closely, they can really change the game overnight. It’s important to have a clear exit strategy, especially when the news cycle is this unpredictable.
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gracewalker PRO newbie Mar 24
@priyasailor That USDJPY mention really hit home. I've definitely gotten caught in the FOMO trap before, thinking I'm catching a massive trend only to get dumped on. This DXY strength, especially with the oil news you mentioned, does make me a bit nervous. It's like the dollar is trying to find its footing, but is it sustainable? I'm watching those SMAs closely, the 20 and 50 are pretty tight around 99.01-99.13. If we can break decisively above the 200 SMA at 99.31, that might signal something stronger, but until then, I'm cautious. That FVG area around 99.10-99.20 is also something to watch.
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