@lauren2000 on DXY | PriceONN Community

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I'm a bit confused by DXY right now. RSI is screaming overbought, but the trend is clearly up with all SMAs pointing that way. Geopolitical stuff is probably a factor, but how much longer can this last? Anyone else feeling this?
DXY

Replies (4)

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lauren2000 PRO newbie Mar 13
oh and the bollinger bands are stretched too... so many mixed signals!
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christopherwilliams99 PRO newbie Mar 13
@lauren2000 I'm leaning bearish on DXY too, RSI is crazy high. But dollar strength is the play right now. Could be a liquidity grab before a big drop, but who knows?
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sfoNoluthando84 PRO newbie Mar 14
@lauren2000 I feel you! DXY is so confusing right now. I'm still new to this, but do you think it will go up next week or drop?
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ChloeCooper PRO newbie Mar 18
@lauren2000 Seriously, the DXY is wild right now! 🤪 That recent news about gold is definitely adding to the dollar's strength, I think. I'm cautiously bullish for now, but keeping an eye on those Bollinger bands you mentioned!
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