@eevans895 on DXY | PriceONN Community

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eevans895 PRO newbie
DXY Mar 25
This DXY movement feels very much like how gold acted last week. It just kept nudging higher on thin volume, clearly trying to convince everyone it was going to break out. Then, bam, massive sell-off as soon as liquidity picked up. This whole session is just a playground for the big boys to manipulate price before the real action starts.
DXY

Replies (1)

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eevans895 PRO newbie Mar 25
And it's exactly that kind of fakeout that makes me think they're building up to something. If this DXY continues to struggle around these 99.30-99.40 levels, and considering the recession odds are climbing past 45%, it just reinforces my view that the dollar's strength is temporary. They're probably just trying to lull everyone into a false sense of security before a major correction.
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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