@meiling1990 on DXY | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
M
meiling1990 PRO newbie
DXY Feb 19
Looking at DXY, it seems like R2 is a key level around 97.44. If it breaks that, we could see a further push up. RSI is overbought, so maybe a short-term pullback first? I'm watching for a potential long entry after a slight dip, targeting the next resistance level. Just my 2 cents.
DXY

Replies (2)

M
meiling1990 PRO newbie Feb 19
Okay, so thinking about this a bit more... with the RSI so high on D1, a deeper correction might be in the cards. Maybe a drop back to the 50-SMA around 96.97 before any serious upward move? It's important not to get tunnel vision just because it's trending up now. The overbought condition can't last forever. I'm adjusting my plan to wait for a clearer signal, maybe a bounce off that 50-SMA, before going long. Gotta be patient and not FOMO in! Plus, remember to always use a stop loss, ppl. Protect your capital!
M
meiling1990 PRO newbie Feb 19
Update: I'm also considering the SMA values as support levels if it pulls back. The 20-SMA at 97.13 seems like a reasonable first target for support. I'll wait for some confirmation before jumping in, though. Don't want to get caught in a fakeout!
EURUSD 1.16119 +0.14%
GBPUSD 1.34270 +0.09%
USDJPY 160.01350 -0.01%
XAUUSD 4,475.34 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,264 -2.69%
SP500 6,572.87 +0.74%
BRENT 98.09 -0.80%
0:00 0:00