@SiphoDlamini on DXY | PriceONN Community

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SiphoDlamini
SiphoDlamini PRO newbie
DXY Feb 21
This week's DXY performance has been rather unremarkable. The sideways movement, especially around the 97.50 mark, made it difficult to establish clear entry and exit points. I am reviewing my trading strategy for the upcoming week, focusing on identifying potential breakout scenarios above or below the key moving averages. Patience will be crucial.
DXY

Replies (1)

SiphoDlamini
SiphoDlamini PRO newbie Feb 21
Update: Further analysis suggests that the Bollinger Bands are tightening, indicating potential for increased volatility next week. I will be closely monitoring the price action around the upper and lower bands for potential trading opportunities. A decisive break could signal a strong directional move. I'll also be watching the 50 SMA.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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