DXY sell cycle
tp@100.271
% bubble
U.S. Dollar Index forum
๏ปฟDXY sell cycle
tp@100.271
% bubble
DXY ๐น DXY 3rd March 2025 Daily Analysis Based on Main Key Levels
Daily Current Market Price (DCMP):
107.061
Immediate support below | Critical resistance above
๐ Critical Price Zones
Support (Below 107.061):
โ 106.531 (Fib 61.8% Retracement + Demand Cluster)
โ 106.168 (Swing Low Confluence)
โ 105.582 (Structural Base)
Resistance (Above 107.061):
โ๏ธ 107.117 (Immediate Pivot Resistance)
โ๏ธ 107.703 (4H Chart Supply Zone)
โ๏ธ 108.523 (Key Swing High)
Swing Levels:
โ๏ธ Swing High: 108.523
โ๏ธ Swing Low: 106.126
๐๐ Technical Snapshot
Fibonacci Framework:
Price consolidates between 106.126 (61.8% retracement) and 108.523 (38.2% extension)
RSI: 51 (Neutral) โ Bullish divergence forming on 4H chart
MACD: Histogram crosses above signal line โ Early bullish momentum
๐ก Strategic Trade Setups
๐ข Intraday Buy Trade Idea
๐ Entry: ๐ฏ106.531 (Fib Support + Swing Low Confluence)
๐ Stop Loss: ๐ป106.168 (-0.36 points)
๐ฏ Take Profit 1: ๐ฐ107.061 (+0.53 points)
๐ฏ Take Profit 2: ๐ฐ107.703 (+1.17 points)
Trigger: Bullish reversal pattern + Volume surge
๐ด Intraday Sell Trade Idea
๐ Entry: ๐ฏ107.117 (Pivot Resistance + Supply Zone)
๐ Stop Loss: ๐ป107.703 (+0.59 points)
๐ฏ Take Profit 1: ๐ฐ106.531 (-0.59 points)
๐ฏ Take Profit 2: ๐ฐ106.168 (-0.95 points)
Trigger: Bearish rejection at 200EMA + RSI reversal
๐ Market Catalysts
Technical Anchor: 100EMA at 107.061 acts as dynamic equilibrium
Fundamental Watch: Fed policy shifts & USD liquidity flows
Volatility Signal: 4H ATR at 0.83 points โ Moderate trading range
๐ Analyst Insights
Breakout Watch: Close above 107.703 may target 108.523
Critical Zone: 105.582-106.168 forms major demand base
Execution Tip: Align trades with NY/London session overlaps
Disclaimer: Confirm setups with institutional order flow signals. ๐๐
DXY 106.9 is the first point of interest
DXY if the market canโt break past the prior close then weโre short euro but Iโm still waiting for confirmation and a possible gap fill for the dxy, if the dxy breaks past the prior close then weโre bullish so I guess will see what happens. Happy trading everyone.DXY capitalize on USD decline for a short few weeks 103 for support
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