@hyoung96 on DXY | PriceONN 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.

H
Interesting close for DXY on Friday, holding just above that 99.68 level after the jobs data gave it a good whack. The 200 SMA is still a bit below, but that RSI at 53.7 shows we're not exactly oversold or overbought. I'm curious to see if the market gaps up or down on Monday with all that news pushing it around.
DXY

Replies (2)

H
hyoung96 PRO newbie Apr 4
Also, for anyone watching AUD/USD, that reversal after the jobs data was pretty sharp. It really highlights how much influence that dollar strength can have across the board. I'll be keeping an eye on DXY's behaviour Monday morning to see if that strength is sustained or if it was just a knee-jerk reaction to the payrolls.
H
hyoung96 PRO newbie Apr 4
Following up on my last thought, that strong US jobs report really put some wind in the dollar's sails, definitely pushed the DXY up initially. But then seeing it give some of those gains back before the weekend close is the kind of thing that makes me watch for potential reversal. I'm thinking about where those previous support levels were, like the pivot point around 99.68, and wondering if we'll test them or if the momentum from the jobs data will hold. It's a bit of a tug-of-war right now, but I'm leaning towards a bit of a pullback early next week before it potentially pushes higher again. Gotta respect that 200 SMA though, it's been a solid floor.
EURUSD 1.16362 +0.05%
GBPUSD 1.34544 -0.06%
USDJPY 159.86450 -0.01%
XAUUSD 4,507.08 +0.43%
XAGUSD 74.90 -0.27%
BTCUSD 63,417 -6.17%
SP500 6,572.87 +0.74%
BRENT 98.02 -0.87%
0:00 0:00