💵📉 DXY Daily Analysis Based on Main Key Levels – 24 April 2025

Daily Current Market Price (DCMP): 🎯 99.329

🎯 Critical Price Zones

Above DCMP (Resistance)

🔴 R3: 100.603 | R2: 100.192 | R1: 99.938

Below DCMP (Support)

🟢 S1: 99.116 | S2: 98.862 | S3: 98.451

Swing Extremes:

🔼 Swing High: 107.661 | 🔽 Swing Low: 103.197

📊 Technical Landscape

• RSI: Neutral at 52 on 4H charts, fading bullish momentum

• MACD: Bearish crossover confirmed (-0.15 → -0.22)

• Price Action: Testing 99.00-99.50 consolidation band

💡 Intraday Trade Opportunities

Trade Idea 1: Intraday Buy

• Entry: 🎯 99.197 (Confluence of 61.8% Fib & Horizontal Support)

• Stop Loss: 🚫 98.516 (Below Swing Low Anchor)

• Take Profit 1: ✅ 99.527 (Immediate Resistance)

• Take Profit 2: ✅ 99.938 (Upper Resistance Cluster)

Rationale:

• Bullish divergence in A/D line (+5% accumulation) at support

• Hidden bullish divergence in TDI indicator

Trade Idea 2: Intraday Sell

• Entry: 🎯 99.618 (Resistance Zone with 127.2% Fib Extension)

• Stop Loss: 🚫 100.039 (Above Key Swing High)

• Take Profit 1: ✅ 99.329 (DCMP Retest)

• Take Profit 2: ✅ 98.862 (Strong Historical Support)

Rationale:

• Bearish engulfing pattern at resistance zone

• Negative gamma exposure in options market

📉 Fibonacci Framework (4H)

• 50% Retracement: 98.860 acts as critical support floor

• 161.8% Extension: 100.192 becomes target on bullish breakout

⚠️ Risk Parameters

• Maintain 1:2.5 risk-reward ratio for all trades

• Monitor US GDP data release at 13:30 GMT

• Avoid trading during ECB policy statement (12:45 GMT)