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DXY Anyone have any theories of why DXY isn´t breaking down or up? What news is it waiting for do you think?



DXY this will always “pare losses” regardless of the news bud

DXY is bearish near 96.9; a break below 96.5 could lead to 96.0–95.4, while a bounce above 97.8 may trigger a short-term rally toward 98.5.





DXY XAUUSD

…due to the current weakness of the dollar it’s bound to bounce temporarily which will affect precious metals negatively, albeit in the short term. We will see some dead cat bounces…dollar is quite oversold atm. Patient metals buyers are waiting to seize and take advantage of these imminent opportunities. 🤌