@RubySurfer on DXY | PriceONN Community
R
Spent the weekend looking at the DXY charts, and honestly, it’s a bit of a tangled mess heading into next week. The consolidation around 99.70 is stubborn, and while the 50-day SMA is acting as a bit of a floor, the 20-day is right there overhead like a pesky ceiling. Geopolitics is obviously the wildcard, but if we get any solid Fed talk about holding rates steady, I could see us pushing towards 99.80 or even 99.90. However, if that jobs data disappoints or something truly wild kicks off globally, we could easily see a slip back to 99.50 or the pivot point. It feels like a coin toss right now, and I'm just waiting for a clear signal to go all-in on a direction. Gotta be patient, I guess. Or maybe just flip a coin and go full YOLO.