✅ U.S. Dollar Index (DXY) Analysis — Daily Timeframe
👤 A
DXY trader’s perspective:
When I look at this chart, several key points immediately stand out:
1️⃣ Long-Term Trend
On the weekly and daily timeframe, the major trend has turned bearish after peaking around 114. We see a clear series of lower highs and lower lows confirming the downtrend.
The sharp rally from 89 to 114 in the past was a strong impulsive move, which is now undergoing a deep correction. Currently, price is hovering around a major historical support near 96.
2️⃣ Key Support Zone
The current price near 96.7 is sitting right at a significant support area that has triggered considerable buying interest in the past.
If this support decisively breaks, the green zone marked as DD (around 93–95) represents a strong long-term demand zone and will likely be the next liquidity target for buyers.
3️⃣ Resistance (Supply Zones)
The four red-marked 4HR zones between 97 and 101.9 clearly show significant supply zones where sellers have stepped in on lower timeframes.
Should the price attempt a bounce from current levels, these resistance areas may act as a strong barrier to further upside.
4️⃣ Price Structure and Liquidity
Looking more closely, the market seems to be moving from a consolidation phase toward lower support liquidity. That means there is a high probability of a liquidity grab toward the 93–95 area before a potential fresh bullish leg.
At higher levels, unless the price can break and hold above 98 and then 100, we cannot confirm a trend reversal.
🔹 Summary
✅ Overall downtrend remains dominant
✅ 96–97 is a critical support zone
✅ A break below this support targets 93–95
✅ Trend reversal only possible with a confirmed break and hold above 98, and then 100–101
✅ The 4HR resistance zones (97–101) are strong hurdles for any bullish retracement
✅ As long as price remains below 98, any rally is likely just a corrective move
⚠️ Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell. All trading decisions are solely your own responsibility.
👤 A
When I look at this chart, several key points immediately stand out:
1️⃣ Long-Term Trend
On the weekly and daily timeframe, the major trend has turned bearish after peaking around 114. We see a clear series of lower highs and lower lows confirming the downtrend.
The sharp rally from 89 to 114 in the past was a strong impulsive move, which is now undergoing a deep correction. Currently, price is hovering around a major historical support near 96.
2️⃣ Key Support Zone
The current price near 96.7 is sitting right at a significant support area that has triggered considerable buying interest in the past.
If this support decisively breaks, the green zone marked as DD (around 93–95) represents a strong long-term demand zone and will likely be the next liquidity target for buyers.
3️⃣ Resistance (Supply Zones)
The four red-marked 4HR zones between 97 and 101.9 clearly show significant supply zones where sellers have stepped in on lower timeframes.
Should the price attempt a bounce from current levels, these resistance areas may act as a strong barrier to further upside.
4️⃣ Price Structure and Liquidity
Looking more closely, the market seems to be moving from a consolidation phase toward lower support liquidity. That means there is a high probability of a liquidity grab toward the 93–95 area before a potential fresh bullish leg.
At higher levels, unless the price can break and hold above 98 and then 100, we cannot confirm a trend reversal.
🔹 Summary
✅ Overall downtrend remains dominant
✅ 96–97 is a critical support zone
✅ A break below this support targets 93–95
✅ Trend reversal only possible with a confirmed break and hold above 98, and then 100–101
✅ The 4HR resistance zones (97–101) are strong hurdles for any bullish retracement
✅ As long as price remains below 98, any rally is likely just a corrective move
⚠️ Disclaimer: This analysis is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell. All trading decisions are solely your own responsibility.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。