📊 DXY 13th January 2025 Daily Analysis Based on Main Key Levels

The Daily Current Market Price (DCMP) of the DXY is 109.860. This comprehensive analysis highlights critical support and resistance levels, technical indicators, and trade setups to help traders optimize their strategies.

🔍 Key Levels Below and Above DCMP

Resistance Levels (Above DCMP):

🔴 Resistance 1: 109.965

🔴 Resistance 2: 110.110

🔴 Resistance 3: 110.450

Support Levels (Below DCMP):

🟢 Support 1: 109.119

🟢 Support 2: 109.012

🟢 Support 3: 108.672

Swing Levels:

Swing High: 109.533

Swing Low: 107.750

🔍 Technical Analysis

The Daily Current Market Price (DCMP) of 109.860 is strategically positioned near key levels, providing opportunities for both buy and sell setups.

Key Technical Indicators:

Fibonacci Levels: Resistance and support levels align closely with Fibonacci retracement and extension zones, confirming their reliability.

RSI Divergence: RSI shows neutral momentum, with no significant overbought or oversold signals.

MACD Crossing: MACD suggests a slight bearish bias, indicating potential pullbacks before a reversal.

🔍 Trade Setups for DXY

Intraday Buy Trade Setup

📍 Entry Price: 🟢 109.119

🛡️ Stop Loss: 🛑 109.012

🎯 Take Profit 1: 🟢 109.533

💰 Take Profit 2: 🟢 109.965

This trade setup capitalizes on the strong support level at 109.119, which aligns with Fibonacci retracement and pivot levels. The MACD indicator suggests potential bullish momentum near this zone, making it a favorable area for buying opportunities.

Intraday Sell Trade Setup

📍 Entry Price: 🔴 109.965

🛡️ Stop Loss: 🛑 110.110

🎯 Take Profit 1: 🔴 109.533

💰 Take Profit 2: 🔴 109.119

This trade setup targets the resistance level at 109.965, which aligns with Fibonacci extension levels and pivot zones. RSI indicates potential overbought conditions at this level, supported by a bearish MACD signal.

🔍 Summary of Key Levels

Resistance Levels: 109.965, 110.110, 110.450

Support Levels: 109.119, 109.012, 108.672

Swing Levels: Swing High: 109.533, Swing Low: 107.750

Conclusion

The DXY is trading near critical levels, with 109.119 acting as strong support and 109.965 serving as significant resistance. These levels provide actionable intraday trade setups for both buying and selling opportunities. By leveraging technical indicators such as Fibonacci retracement, RSI divergence, and MACD, traders can fine-tune their strategies for maximum profitability.