💵 DXY 10th February 2025 Daily Analysis Based on Main Key Levels
- Neom
- Feb 10
- 1 min read
Daily Current Market Price (DCMP): 108.211
🎯 Critical Price Zones
Support Below DCMP:
✅ 107.670 | 107.481 | 107.175 (Demand Cluster)
Resistance Above DCMP:
⛔️ 108.283 | 108.472 | 108.779 (Supply Zone)
📊 Technical Snapshot
Key Reference Levels:
Immediate Floor: 107.437 🎯
Ceiling Threshold: 108.424 🎯
Fibonacci Framework:
38.2% Retracement: 106.827
161.8% Extension: 111.009
Momentum Indicators:
RSI: 54.3 (Neutral momentum)
MACD: Bearish histogram contraction on 4H chart

💡 Trade Opportunities
🟢 Intraday Buy Setup
Entry: 107.437 🎯
Stop Loss: 107.175 🔴
Take Profit 1: 107.670 💰 (1:2.5 R/R)
Take Profit 2: 107.977 💰💰
Catalyst: Bullish reversal pattern + USD short-covering
🔴 Intraday Sell Setup
Entry: 108.424 🎯
Stop Loss: 108.779 🔴
Take Profit 1: 108.283 💰
Take Profit 2: 107.977 💰💰
Trigger: Bearish divergence + Hawkish ECB policy expectations
📉 Swing Reference Levels
Swing High: 110.176 (Major Resistance)
Swing Low: 107.500 (Critical Support)
💬 Market Pulse
DXY consolidates near 108.211 as Fed rate cut bets clash with safe-haven demand. Bulls need break above 108.424 to target 108.779, while bears target 107.437 support. Monitor US CPI data and EUR/USD volatility.
⚠️ Alert: Maintain tight stops – FX markets face event risk from Fed Chair Powell's testimony.
Key Drivers to Watch:
US inflation data releases
Eurozone GDP revisions
Treasury yield curve dynamics
Geopolitical risk sentiment



Comments