DXY Technical Analysis: Navigating Key JuncturreU.S. Dollar Currency IndexTVC:DXYsunya1. Big Picture & Market Context The DXY is consolidating near a critical technical juncture. Geopolitical tensions and shifting rate expectations continue to be the primary drivers, creating volatility perfect for both intraday scalps and strategic swing positions. 2. Multi-Timeframe Technical Snapshot Monthly/Weekly (Swing): Price is squeezed between the 50-week EMA (support ~98.20) and the 200-day SMA (resistance ~99.50). A decisive break either way will set the medium-term trend. Daily (Swing & Intraday Bias): The chart shows a potential bearish flag formation following the recent decline. RSI (14) is neutral at 48, offering no extreme bias. The Ichimoku Cloud is thick above price, representing a significant resistance zone. 3. Elliott Wave & Harmonic Perspective The pullback from the 100.50 high is being analyzed as either a Wave 4 (corrective) or the start of a larger bearish impulse. The key Harmonic zone for a potential bullish reversal (Bat pattern) lies between 98.30 - 98.50. 4. Key Support & Resistance Levels Strong Resistance: 99.50 (200-day SMA & prior swing high) Minor Resistance: 99.10 (Intraday) Immediate Pivot: 98.85 (Current Price) Strong Support: 98.50 (50-week EMA & 50% Fibonacci) Critical Support: 98.20 (Breakdown Level) 5. Gann & Wyckoff Analysis Gann Square of 9: Key levels align with 98.50 (support) and 99.20 (resistance). A close above 99.20 could trigger a run towards 99.80. Wyckoff Cycle: Price action suggests we are in a possible Re-Distribution phase. A failure to hold 98.50 would signal a new Markdown phase, targeting 97.80. 6. Intraday Trading Strategy (5M-1H Charts) Bullish Scenario (Long): Entry: 98.55 - 98.65 (with bullish reversal candlestick confirmation) Stop Loss: 98.35 Take Profit 1: 98.95 Take Profit 2: 99.15 Bearish Scenario (Short): Entry: 99.05 - 99.10 (with bearish rejection confirmation) Stop Loss: 99.30 Take Profit 1: 98.70 Take Profit 2: 98.50 7. Swing Trading Strategy (4H-Daily Charts) Swing Long: Entry Zone: 98.30 - 98.45 (Accumulation Zone) Stop Loss: 97.90 (Daily Close) Target 1: 99.20 Target 2: 99.80 Swing Short: Entry Trigger: Daily close below 98.20 Stop Loss: 98.60 Target 1: 97.80 Target 2: 97.20 8. Indicator Cluster Consensus Bollinger Bands: Price is trading in the upper band, indicating neutral momentum. A squeeze is forming, signaling a volatility expansion is due. Anchored VWAP: (Anchored at last swing high) Price is below VWAP, indicating a Weak Bearish medium-term trend. Moving Averages: The 50 EMA is about to cross below the 200 SMA on the 4H chart—a potential "Death Cross" warning for the week ahead. Final Verdict: The DXY is at a make-or-break level. The bias is cautiously bearish below 99.10. The 98.50-98.20 zone is critical; a hold there could spark a relief rally, while a break opens the door for a significant swing down. Disclaimer: This is technical analysis, not financial advice. Always manage your risk and use stop-loss orders.