💹 DXY Daily Analysis Based on Main Key Levels – 16th April 2025

Daily Current Market Price (DCMP): 🏷️ 99.457

Price context: DCMP trades below immediate resistance (100.779–103.576) and above critical supports (99.050–97.982).

📉 Key Levels Breakdown

Resistance/Sell Zones (Above DCMP)

R1: 🚨 100.779 (Price Congestion Zone)

R2: ⚡ 103.576 (Fibonacci 61.8% Resistance)

R3: 🔥 105.305 (Swing High Confluence)

Support/Buy Zones (Below DCMP)

S1: 🛡️ 99.050 (Dynamic Trendline Support)

S2: 🔄 97.982 (Breakdown Floor)

🔍 Technical Analysis Snapshot

Swing Levels:

Swing High: 107.661 (Daily Ceiling)

Swing Low: 103.197 (Daily Floor)

Fibonacci: 50% retracement at 99.952 aligns with consolidation.

RSI: Near oversold at 38 (Bullish divergence forming).

MACD: Bearish crossover fading on 4H chart.

💡 Intraday Trade Setups

Intraday Buy Trade

Entry: 🟢 99.050 (Retest of Support Cluster)

Stop Loss: 🔴 97.982 (-1.068 | Below S2)

Take Profit 1: 🟡 100.779 (+1.729 | R1 Target)

Take Profit 2: 🟢 103.576 (+4.526 | R2 Breakout)

Intraday Sell Trade

Entry: 🔴 100.779 (Retest of Resistance Zone)

Stop Loss: 🟢 103.576 (+2.797 | Above R2)

Take Profit 1: 🟡 99.050 (-1.729 | S1 Reversion)

Take Profit 2: 🔴 97.982 (-2.797 | S2 Target)

📈 Critical Technical Drivers

Price Action: Break above 100.779 (R1) confirms bullish momentum; sustained trading below 99.050 (S1) signals bearish reversal.

MACD Histogram: Declining bearish bars suggest weakening downside pressure.

Swing Alignment: Proximity to daily swing low (103.197) creates high-probability reversal zone.