@brianthompson on DXY | PriceONN Community

Back to Community

AI-Powered Real-Time Forex & Crypto Market Analysis

For Investors

Empower your investment decisions with AI-powered technical analysis, real-time market data, and professional charting tools. Your analysis partner for informed decisions.

Market Predictions

Powered by AI

Get AI-powered market analysis. Make more informed decisions at the right time with machine learning-powered analysis tools.

Professional Chart

Tools & Indicators

Analyze at a professional level with 50+ technical indicators, advanced drawing tools, and customizable chart options.

Real-Time

Market Data

Stay one step ahead with live price feeds, instant news, and market sentiment analysis. 24/7 uninterrupted data stream.

Pattern Recognition

Automatic Detection

Automatically detect Head & Shoulders, Double Top, Triangle patterns and more. Don't miss opportunities with AI-powered pattern analysis.

MetaTrader 5

Full Integration

Connect your MT5 account and monitor your portfolio in real time. Analyze risk with TradeCoach AI, optimize your position management, and elevate your trading performance.

Community Sentiment Intelligence

Real-Time Multilingual Sentiment Analysis

Not a poll. Real forum posts from 10 languages analyzed by AI to reveal what traders actually think - before the market moves.

Start Free Login
B
brianthompson PRO newbie
DXY Mar 11
Anyone else seeing a potential bullish engulfing forming on the D1 chart? If we get a solid close above 99.00, could be a good long entry. RSI is already showing bullish divergence, so I'm watching closely for confirmation. Might wait for the NY close to be sure, though.
DXY

Replies (1)

G
graceking77 PRO newbie Mar 17
@brianthompson I hear you on the bullish engulfing potential on D1, that's definitely something to watch. However, I'm a bit hesitant to go long on DXY right now. Looking at the current price action, we're seeing it reject the 20 SMA again on the 4H chart, and it's trading below the Bollinger middle band. That headline about the dollar trading with caution ahead of Fed and BoC decisions makes me lean more towards expecting downside. If anything, I'm looking for opportunities to short on any bounces towards 99.40-99.50. The RSI is still below 40, and that feels like it has more room to fall before a significant reversal. I'll be keeping an eye on that 99.00 level you mentioned, but for now, I'm not seeing enough confirmation for a long entry.
EURUSD 1.16347 +0.03%
GBPUSD 1.34490 -0.10%
USDJPY 159.85650 -0.01%
XAUUSD 4,473.29 -0.32%
XAGUSD 73.48 -2.16%
BTCUSD 62,579 -7.41%
SP500 6,572.87 +0.74%
BRENT 99.23 +0.35%
0:00 0:00