@BonganiPhoto on DXY | PriceONN Community
Ugh, another sideways week for DXY. Honestly, this market is so predictable they might as well just have a button that says 'do nothing'. I'm watching that 99.48 SMA, if it breaks that on Monday, I might jump in short. But knowing my luck, it'll just go up another point for no reason. Typical.
Replies
Yeah @PhotoJiahao, I saw your comment about the sideways action. It's like they're just waiting for something to happen. I was reading that news about the strong US jobs data on Friday – supposed to be bullish for the dollar, right? But DXY barely moved! What are they waiting for, a meteor strike? And then they talk about Iran tensions easing... makes no sense. This is pure manipulation, they're probably just setting up a big gap on Monday. Watch out for them to hunt stops around that 99.50 level you mentioned, they always do. If it drops, they'll say it's because of the 'easing' news, if it goes up, it's the 'jobs data' – whatever suits their narrative. I swear this is just a casino.