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What traders are saying about DXY: setups, reviews and questions from DT Terminal's community.
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Create a free accountThe Why: DXY failed its bullish continuation and broke down following the weak US ADP payrolls report. Then Entering a Strong Buy on Gold as capital shifts directly out of the weakening US Dollar and into safe-haven…
+1⚜️ DXY Bullish Outlook Now through Friday DXY Setup: DXY has confirmed strong bullish momentum and is projected to deliver aggressively to the upside from now through Friday. BTC/USD & Gold Impact: This sustained USD…
+1DXY Confluence: Dollar Index (DX) is showing confirmed bullish momentum, historically creating strong downward pressure on Bitcoin. Timeframe Alignment: 1-Hour timeframe has confirmed a bearish entry/sell structure. Risk…

So basically, we saw the DXY building up some bullish momentum. With that confluence, we got a clear sell confirmation on Gold, which let us take advantage and catch another sell on Gold as well. So yeah, that's pretty…
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