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Â đŸ’”đŸ“‰Â DXY 10th March 2025 Daily Analysis Based on Main Key Levels

  • Kiran Kumar Alla
  • Mar 10
  • 2 min read

Daily Current Market Price (DCMP): 103.865


Resistance above | Support below


đŸ”„Â Critical Price Architecture


Immediate Resistance: 104.165 → 104.976 🚹 (Options-Driven Barrier)

Strategic Resistance: 107.661 (Swing High Anchor)


Immediate Support: 103.569 → 103.407 đŸ›Ąïž

Swing Low: 103.087 (Multi-Session Demand Zone)


📊 Technical Framework


Fibonacci Dynamics:


61.8% retracement at 103.385 aligns with institutional accumulation 📊

127% extension at 104.647 coincides with futures contract liquidity 🎯


Momentum Signals:


RSI: Neutral at 48.7 with hidden bearish divergence ⚡

MACD: Bearish crossover persists below signal line 📉


Structural Context:


Price consolidates between 103.407 (support) and 104.976 (resistance) 🔄

Sustained close above 104.647 opens path to 106.544 🚀


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đŸ’ŒÂ Intraday Trade Setups


🟱 Intraday Buy Trade


Entry: 103.407 🎯 (Support Confluence Zone)

Stop Loss: 103.087 ⛔ (Below Swing Low)

Take Profit 1: 103.865 ✅ (DCMP Retest)

Take Profit 2: 104.165 ✅ (Resistance Flip)


Rationale:


Bullish order block at 103.407 via volume-by-price analysis 📈

Oversold conditions on 4H stochastic oscillator 🔍


🔮 Intraday Sell Trade


Entry: 104.976 🎯 (Resistance Cluster)

Stop Loss: 105.200 ⛔ (Above Key Level)

Take Profit 1: 104.349 ✅ (Fib Support)

Take Profit 2: 103.569 ✅ (Institutional Demand Zone)


Rationale:


Bearish fair value gap at 104.647-104.976 on market profile 📉

Rising dollar shorts positioning at resistance 📛


⚠ Risk Protocol


Position sizing: ≀1% capital risk per trade 📉

Trail stop-loss to breakeven at TP1 🔐

Avoid trading during Fed speech windows (March 11-13) 🕒


🌍 Fundamental Catalyst


DXY balances Fed rate cut risks against strong NFP data. Break above 104.647 eyes 106.544, while breakdown below 103.569 targets 103.087. Monitor March 12 CPI print.


Note: 104.165 resistance aligns with gamma-neutral zone in weekly options.


Technical Toolkit:


Fibonacci retracement/extension cluster analysis

Volume-weighted price zones (VWAP)

Commitment of Traders (COT) report alignment

Ichimoku cloud dynamics (4H/Daily)


Trade Discipline: Confirm with real-time FX futures data before execution. 🎯

 
 
 

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