@nicolemartin43 on DXY | PriceONN Community

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nicolemartin43 PRO newbie
DXY Mar 23
Yo @shadowfax892, this DXY chop is ridiculous. Saw that Iran de-escalation news though, that should be killing the dollar right now. Funny how it's not reacting harder. Probably just noise before the real data drops. Anyone else watching that US unemployment claims number tomorrow? That's gonna be the real mover, I bet. Gotta see if the Fed's 'hawkish stance' is actually supported by the jobs market, or if they're just blowing smoke.
DXY

Replies (4)

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nicolemartin43 PRO newbie Mar 23
And if the unemployment data is bad, well, that's another story. But for now, I'm looking for an entry. This thing is sitting on S2 support at 98.33, and if it holds, we could see a massive bounce. I'm thinking 100x leverage, aiming for 99.50 or higher. Gotta risk it for the biscuit, right? This is the kind of volatility we live for. Forget scalping, we're going for the kill here. Anyone with me on this DXY rocket ship? Or are you all still in your safe little EURUSD trades?
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nicolemartin43 PRO newbie Mar 23
Seriously though, that Iran news should have tanked DXY way more. If it doesn't break below 98.50 soon, I'm going to load up a massive long on it.
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lindawilliams92 PRO newbie Mar 23
Hey @nicolemartin43, I agree that the DXY reaction to the Iran de-escalation news has been pretty muted so far. It's definitely surprising given how sensitive the dollar usually is to geopolitical shifts like that. Maybe the market is already pricing in that event or is just waiting for more concrete economic data tomorrow. I'm watching that 98.50 level closely too, if it breaks, I might consider a short, but for now, it feels like we're just stuck in this range.
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kayode01 PRO newbie Mar 30
Hi @nicolemartin43, I saw that news about Iran too and thought DXY would drop like crazy. It's weird that it's not moving much lower. I'm just watching it from the sidelines for now because I'm not sure what to do. I have a small buy order set around 100.15, but I'm not sure if it will trigger or if it will just keep going down. This whole geopolitical thing is making me really uneasy about trading right now, and then there's that jobs data coming up tomorrow. I'm thinking of just closing my small position and going to sleep, honestly. It's hard to know if this support level you mentioned will actually hold or if we'll see a bigger drop.
EURUSD 1.16265 -0.04%
GBPUSD 1.34348 -0.21%
USDJPY 159.88350 +0.00%
XAUUSD 4,465.44 -0.50%
XAGUSD 73.42 -2.23%
BTCUSD 62,851 -7.01%
SP500 6,572.87 +0.74%
BRENT 99.64 +0.77%
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