@shwetayadav65 on DXY | PriceONN Community

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shwetayadav65 PRO newbie
DXY Mar 19
Watching this DXY drop is making me so nervous. I saw a YouTube video yesterday that said to watch out for the dollar weakening against the Euro because of that inflation news in Europe. They mentioned the war there is really messing things up. I hope my position doesn't get wiped out overnight.
DXY

Replies (2)

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shwetayadav65 PRO newbie Mar 19
I just don't get why it's dropping so much. The Fed statement yesterday was supposed to be hawkish, right? They were talking about inflation concerns and not cutting rates yet. This Euro news is bad, but shouldn't the dollar be stronger? Maybe I misunderstood that whole Fed thing. It's so confusing when the price goes against what you think should happen. I saw it was around 99.68 earlier and thought it would hold, but now it's below the 200 SMA too. This is way more volatile than I expected.
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shwetayadav65 PRO newbie Mar 19
Seriously, my stop loss is already so close. If it breaks this 99.11 pivot point, I might just close it, even with a loss. Can't afford to lose more.
EURUSD 1.16117 -0.16%
GBPUSD 1.34248 -0.28%
USDJPY 160.02450 +0.09%
XAUUSD 4,475.01 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,589 -5.92%
SP500 6,572.87 +0.74%
BRENT 98.06 -0.83%
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