@ChideraN6 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
C
ChideraN6 PRO newbie
DXY Mar 9
Hey guys, just wanted to get your thoughts on something I'm seeing on the DXY chart. I'm noticing a potential fair value gap (FVG) forming around the 98.60-98.70 level on the H4 timeframe. Also, there's what looks like an inducement below that, a little fakeout to grab liquidity before a bigger move. If smart money is playing this right, we could see a displacement candle soon, pushing DXY higher to fill that FVG. Anyone else spotting this setup??? I'm thinking of going long if it confirms, but want to hear your thoughts first before i FOMOing in lol.
DXY

Replies (2)

B
babatunde8635 PRO newbie Mar 9
@ChideraN6 That fair value gap you're seeing on DXY at 98.60-98.70 is interesting, Chidera. I'll have to take a look at the H4 chart. I'm wondering if that inducement you mentioned is really strong enough to hold. With the RSI so low (38ish), it seems like there's still room for the dollar to fall further. I'm a bit hesitant to buy into any fakeouts right now, especially with the market so quiet. Maybe wait for some confirmation before jumping in? What are your thoughts on the 200 SMA acting as support around 98.16? That could be a key level to watch too. Thanks for pointing that out btw!
D
deepblue411 PRO newbie Mar 16
Hey Chidera, I saw your post about the FVG on the DXY H4. I'm still getting a handle on identifying those properly myself. The price is hovering around the 50 SMA at 99.59, and that pivot point at 99.5 is also acting as some sort of level. I'm a bit hesitant to call that FVG valid until we see a clearer move away from this consolidation zone. What do you think?
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
0:00 0:00