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Neom Financial Academy

 💵 DXY Daily Analysis based on Main Key Levels - [2025-04-22]

  • Neom
  • Apr 22
  • 1 min read

Daily Current Market Price (DCMP): 98.385


🔑 Critical Price Structure


Below DCMP (Support Zone)


  • Immediate Support: 98.516 🛡️

  • Strong Support: 98.937 → 99.197 (Multi-level zone)

  • Swing Low: 103.197 (Daily Timeframe)


Above DCMP (Resistance Zone)


  • Immediate Resistance: 98.516 🚀

  • Upper Resistance: 99.770 (Key swing high)

  • Swing High: 107.661 (Daily Timeframe)


📊 Technical Landscape


  • RSI: Neutral at 48 (No divergence detected)

  • MACD: Flat near signal line (Neutral momentum)

  • Price Action: Testing 98.385 after rejection at 98.516


Here’s the mind map summarizing the key points from your DXY market analysis:

💡 Trade Setups


1️⃣ Intraday Sell Trade Idea


  • Entry: 98.516 🎯 (Confluence resistance)

  • Stop Loss: 98.975 🚫 (Above recent swing high)

  • Take Profit 1: 98.197 ✅ (Nearest support)

  • Take Profit 2: 97.992 ✅ (Stronger support)


🌐 Market Perspective


DXY consolidates near 98.385 with 98.516 acting as immediate resistance. Break above 98.516 eyes 98.975, while sustained selling may trigger move toward 98.197.


  • Bullish Catalyst: Sustained close above 98.516

  • Bearish Risk: Breakdown below 98.385

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