@surfer768 on DXY | PriceONN Community

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surfer768 PRO newbie
DXY Mar 24
Ugh, DXY is doing my head in. It's like it can't make up its mind. One minute it's going up, then it dips. Saw some news about the dollar being strong but then something about oil dropping? So confusing. What's the real move here??
DXY

Replies (2)

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surfer768 PRO newbie Mar 24
And what about that USD/JPY news? It's supposed to be going up because of the yen weakening, but then it also says the yen is a safe-haven? My brain is melting trying to keep up. I feel like I'm just guessing with these moves. Maybe I should just stick to watching coffee prices for now lol. This whole thing is making me feel like I'm gonna get rekt if I make the wrong call.
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FunkeOladipo57 PRO newbie Mar 30
Seriously @surfer768, I feel you on the DXY confusion. It's been a rollercoaster! I saw that news about the Middle East tensions pushing the dollar higher, and it definitely looks like it's making a move. The RSI is screaming overbought though, like way into the red zone. I'm wondering if that means it's due for a pullback soon, or if the geopolitical stuff is strong enough to push it past that. It's tough when you're day trading and the market feels this choppy. I usually like to see a clear pattern, but right now it feels like it's just reacting to headlines minute by minute. Trying to stay out of a bad trade right now, just watching it consolidate around 100.33.
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%
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