US Dollar Index Forum & Chats (CAPITALCOM:DXY)

44 minutes ago

sell time :)

2 hours ago

Overall Not much to add, DXY is still cleanly bullish. We're just in the middle of the move in a bit of a chop and it's not where you want to enter either long or short.

Just be sure to be on the right side of the trade and don't get caught in chop, it will improve your odds by a lot.

If you missed the entry, wait for the next, don't rush, don't fomo, don't chase. Markets aren't going anywhere, they'll still be here next week!

moonypto

2 hours ago

28 Mar Options Data
139,000 BTC options are expiring with a Put Call Ratio of 0.49, a Maxpain point of $85,000 and a notional value of $12.1 billion.
301,000 ETH options are expiring with a Put Call Ratio of 0.39, a Maxpain point of $2,400 and a notional value of $2.13 billion

Nordic_Wings

18 hours ago

There couldn't be a better close for the DXY for bulls imo.
It aligned perfectly with both the bullish div and hidden bullish div on RSI, and while the wick was deep, it respected the close to keep the bullish structure intact and closed above the resistance level as well.
If the next 4h candle close green it's a great news for dollar.

That being said we haven't had a proper pullback since 20th March, so make sure to not just yolo long dollar in case we get a deeper pullback (which will eventually happen)

Good luck traders!