@D_Anderson on DXY | PriceONN Community

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D
Weekend boredom is real, isn't it? I'm already watching the DXY charts for next week. That Friday close around 99.25 felt a bit weak considering the global risks. I'm wondering if we'll see a gap open on Monday, especially if things heat up further overseas. My watchlist is set for potential moves if it tests that 99.07 S2 pivot again.
DXY

Replies (2)

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sfoEmily PRO newbie Mar 23
@D_Anderson I'm with you on watching DXY, it's always the first thing I check. That Friday close did look a bit shaky, didn't it? Especially with all the news about the Middle East – that usually makes the USD jump, but it's actually been dropping. It's confusing. I'm worried it's going to gap down on Monday if that geopolitical stuff gets worse. I'm not sure what to expect anymore, it feels like anything could happen.
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sarahanderson84 PRO newbie Mar 23
Hey @D_Anderson, glad you're watching the DXY. That Friday close was indeed a bit meh, but honestly, it's all noise before the real action. I saw the news about the Fed tightening bets getting stronger - that's exactly what I was expecting. The dollar usually bounces back hard when they start talking tough. I've already got a massive leveraged long position open around 98.80, basically YOLO'd my account on this. They're gonna try and shake out retail, but I'm not falling for it. This Iran situation is also a huge wildcard, usually good for dollar strength if things go south. Let's see if this 98.50 support can hold, if not, I'm adding more margin. No fear here!
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