📊 DXY Daily Analysis Based on Main Key Levels - [April 23, 2025]

Daily Current Market Price (DCMP): 99.170

Market Position: Trading above immediate support at 98.937 and below resistance at 99.197

🔑 Critical Technical Levels

Resistance (Above DCMP)

🛑 99.197 - Key sell zone (Fib 1.618 extension)

🛑 100.732 - Macro trendline resistance

Support (Below DCMP)

🟢 98.937 - High-probability buy zone (38.2% Fib retracement)

🟢 98.516 - Multi-session liquidity cluster

Swing Levels

↗️ Swing High: 107.661 (Daily timeframe)

↙️ Swing Low: 103.197 (4H timeframe)

💎 Intraday Trade Setups

Buy Opportunity

• Entry: 98.937 🎯

• Stop Loss: 98.516 🚫

• Take Profit 1: 99.197 ✅

• Take Profit 2: 99.723 ✅

Rationale:

• Strong confluence of Fibonacci retracement and ascending channel support

• RSI divergence indicating weakening downward momentum

• MACD histogram transitioning toward neutral zone

Sell Opportunity

• Entry: 99.197 🎯

• Stop Loss: 99.723 🚫

• Take Profit 1: 98.937 ✅

• Take Profit 2: 98.476 ✅

Rationale:

• Resistance aligns with bearish order block

• Overbought conditions on stochastic oscillator

• Declining trading volume near key resistance

📊 Technical Landscape

• Fibonacci: 98.937 aligns with 38.2% retracement of 103.197-107.661 swing

• RSI: Neutral at 49.8 (no divergence observed)

• MACD: Signal line compression near zero axis

• Price Action: Ascending wedge pattern below 99.197