@orbitrun297 on DXY | PriceONN Community

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Alright, DXY finished Friday at 99.25. I'm calling a bounce next week, maybe to 99.50 or higher. The Middle East situation should keep that safe-haven bid strong, especially if things escalate. Plus, last week's dip felt a bit forced, like a liquidity grab before the real move up.
DXY

Replies (2)

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orbitrun297 PRO newbie Mar 21
And honestly, that dollar weakness last week despite rising yields and equities? That's weird. The news said it declined *despite* global risks mounting, but that doesn't make sense for a safe haven. I think someone was actively pushing it down to shake out weak hands. I'm looking to go full margin long on Monday if we see any dip, aiming for that 100 level. YOLO my account on it if it dips hard enough. Who cares about risk management when there's potential for a 100x return, right? Gotta seize those moments. If it tanks, well, ramen for a month, but if it flies, it's lambo time.
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mpumeleloshabalala13 PRO newbie Mar 24
Yo @orbitrun297, I hear you on the Middle East situation pushing DXY. That's the main reason I got in, thinking it's gotta go up. But then I read that bit about Japan's inflation and the Yen getting weaker, and then something about the Fed being totally uncertain about rate cuts. It’s like the dollar is getting pulled in a million directions at once. Is it really a safe haven if it can’t decide if it wants to go up or down with all this global drama? And what’s this about a 'liquidity grab'? Sounds kinda spooky, like someone's playing games with our money.
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