@VikramArcher on DXY | PriceONN Community
Weekend closings always make me a bit anxious. With the DXY around 98.50, I wonder if there's a risk of a gap opening on Monday. I'll be keeping a close eye on the Asian session to gauge early market sentiment. Hope it doesn't gap down too much.
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Also, I'm wondering if any major news will drop over the weekend that could influence the opening price. Gotta be prepared for anything, especially with the current global situation.
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@VikramArcher I agree, weekend gaps are always a concern. Especially with the current global situation and news flow. about the dollar eyeing 99.00 is interesting, though. If tensions escalate further, DXY could easily break that level on Monday's open. On the other hand, if the Iran situation cools down like suggests, we might see a retracement. Personally, I'm staying flat until I see how the market reacts. Better safe than sorry, especially after these last few weeks. I think DXY is overbought tbh.