💵 DXY 27th February 2025 Daily Analysis Based on Main Key Levels

Daily Current Market Price (DCMP): 106.588 🎯

Key Levels vs DCMP

Support (Below DCMP):

▶️ Immediate Support: 106.385 🟢 (Intraday Buy)

▶️ Strong Support: 106.126 🛑

▶️ Critical Support: 105.738

Resistance (Above DCMP):

▶️ Immediate Resistance: 106.785 🔴 (Intraday Sell)

▶️ Strong Resistance: 106.923 🚩

▶️ Critical Resistance: 107.832

Technical Analysis Snapshot 🔍

Fibonacci Levels: Price consolidates near the 50% Fib retracement (106.385–106.785), forming a decisive trading range.

RSI Divergence: Neutral RSI (14) at 51 reflects equilibrium between bulls and bears.

MACD Crossover: Bearish histogram expansion on 4H charts aligns with resistance rejection at 106.785.

Intraday Trade Setups 💡

Trade Idea 1: Intraday Buy

Entry Price: 106.385 🟢

Stop Loss: 106.126 🔴

Take Profit 1: 106.617 🟡

Take Profit 2: 106.923 🟡

Rationale: Fib 50% support aligns with bullish reversal patterns on lower timeframes. Momentum shift at 106.385 confirms accumulation.

Trade Idea 2: Intraday Sell

Entry Price: 106.785 🔴

Stop Loss: 106.923 🟢

Take Profit 1: 106.385 🟡

Take Profit 2: 106.126 🟡

Rationale: Resistance confluence near Fib 61.8% extension. Bearish divergence on hourly charts and MACD line crossover validate downside bias.

Critical Notes ⚠️

Swing High/Low: Daily Swing High at 108.523, Swing Low at 106.126.

Risk Management: Use trailing stops to navigate dollar index volatility.

Confirmation: Validate trades with closing breaks beyond 106.385/106.785.

Pro Tip: Combine Fibonacci retracements with candlestick patterns to identify high-probability reversal zones! 📊🔍