U.S. Dollar Index forum

📈 DXY Daily Analysis Based on Main Key Levels — 18 April 2025
DCMP (Daily Current Market Price): 99.499
🗝️ Key Levels
Above DCMP (Resistance):
🔴 100.779 (Weekly Pivot Sell Zone)
🔴 99.981 (R3 Round Down)
🔴 99.781 (R2)
Below DCMP (Support):
🟢 99.457 (Daily Pivot)
🟢 99.257 (S1 Round Up)
🟢 98.134 (S2)
Swing Levels (Daily/4H):
↗️ Swing High: 107.661 (14 Nov 2024)
↘️ Swing Low: 103.197 (10 Oct 2024)
📊 Technical Snapshot
Fibonacci Levels: Price action hovering near 61.8% retracement zone (99.05–99.45).
RSI Divergence: Bearish divergence forming on 4H timeframe.
MACD: Histogram flattening near zero line, signaling consolidation.
💡 Trade Setups
1️⃣ Intraday Buy Trade
🎯 Entry: 99.05 (BUY/Support1 Round Up)
🚫 Stop Loss: 98.13 (Below S2)
✅ Take Profit 1: 99.45 (Daily Pivot)
✅ Take Profit 2: 99.78 (R2 Resistance)
2️⃣ Intraday Sell Trade
🎯 Entry: 100.78 (Weekly Pivot Resistance)
🚫 Stop Loss: 101.30 (Above R3)
✅ Take Profit 1: 99.98 (R3 Round Down)
✅ Take Profit 2: 99.25 (S1 Support)
⚠️ Risk Management
Position sizing: 1–2% risk per trade.
Adjust stop loss to breakeven at TP1.
📌 Conclusion
Price consolidation near DCMP (99.499) suggests cautious trading. Prioritize sell setups at 100.78 (weekly pivot) and buy dips toward 99.05 (Fib support). Monitor MACD for trend confirmation.
1. Increasing trade tensions and market volatility
2. Affecting currency exchange rates
3. Influencing commodity prices
4. Impacting export-oriented and import-reliant industries
Investors should stay informed and consider diversification to mitigate potential risks.