📉 DXY 14th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 106.966

• The US Dollar Index (DXY) consolidates near 106.966, testing critical support-resistance clusters.

Key Technical Summary 🔍

• Above DCMP (Resistance): 107.437, 107.733, 107.960, 108.328

• Below DCMP (Support): 106.827, 106.770, 106.402, 105.839

• Swing High: 110.176 🚨 | Swing Low: 107.500 🛑

• RSI: Neutral (49), no divergence observed.

• MACD: Bearish crossover near the baseline.

Intraday Trade Setups 💡

1️⃣ Intraday Buy Trade Setup

• Entry Price: 106.827 🟢

• Stop Loss: 106.402 🔴

• Take Profit 1: 107.437 🟡

• Take Profit 2: 107.733 🟢

Rationale: Strong support at 106.827 (Fib 61.8% retracement + bullish order block).

2️⃣ Intraday Sell Trade Setup

• Entry Price: 107.437 🔴

• Stop Loss: 107.960 🟡

• Take Profit 1: 106.827 🟢

• Take Profit 2: 106.402 🟢

Rationale: Resistance cluster near 107.437 aligns with bearish reversal signals.

Technical Breakdown 📊

Critical Levels:

• Resistance: 107.437 (immediate hurdle), 107.733 (next barrier).

• Support: 106.827 (key floor), 106.402 (swing low anchor).

• Fibonacci Levels: 106.770 (38.2% retracement), 105.839 (61.8% extension).

• Price Action: DCMP trades between 106.827–107.437; directional bias hinges on breakout confirmation.

Conclusion 🎯

• DXY’s intraday bias remains range-bound between 106.827–107.437. A break above 107.733 could extend gains, while a drop below 106.402 signals bearish momentum.

Disclaimer: Analysis is educational. Verify with live data before trading.

🔔 Pro Tip: Combine MACD line crossovers with price action at key levels to validate trade entries in volatile forex markets!