🟦 DXY 4H Analysis Neutral idea
📅 August 3, 2025
🔹 Top-Down Trend Bias:
• Monthly – Bearish
• Weekly – Bearish
• Daily – Bearish
• 4H – Bullish
The dollar index is in a larger bearish cycle but just bounced from near-term resistance around 100.250. While the 4H shows temporary strength, we’re trading into major resistance and we may see it short lived.
🔍 Key Levels to Watch
• Support: 98.00
• Resistance Zones: 99.25 and 100.25
• 61.8% Fib: 98.57
Price is currently testing structure after rejecting from the 100.25 resistance zone. This area remains a strong ceiling unless the higher timeframe structure shifts.
✅ Scenario A: Bearish Continuation (Blue Path)
1. Bearish Structure confirmation below the current zone
2.If bearish rejection confirms, expect price to continue toward 98.00, possibly 97.50
3.Clean confluence with the higher timeframe trend
⚠️ Scenario B: Bullish Extension (Orange Path)
1.If price breaks and holds above 99.25, we may see a continuation toward 100.25
2.Short-term bullish strength, but against HTF bias
3.Must treat as a counter-trend idea unless confirmed with HTF structure shift
🧠 Final Notes
• 98.50 is the key decision zone, watch reaction closely
• Trend remains bearish on all major timeframes
• Don’t force the long, lean bearish unless structure proves otherwise
📅 August 3, 2025
🔹 Top-Down Trend Bias:
• Monthly – Bearish
• Weekly – Bearish
• Daily – Bearish
• 4H – Bullish
The dollar index is in a larger bearish cycle but just bounced from near-term resistance around 100.250. While the 4H shows temporary strength, we’re trading into major resistance and we may see it short lived.
🔍 Key Levels to Watch
• Support: 98.00
• Resistance Zones: 99.25 and 100.25
• 61.8% Fib: 98.57
Price is currently testing structure after rejecting from the 100.25 resistance zone. This area remains a strong ceiling unless the higher timeframe structure shifts.
✅ Scenario A: Bearish Continuation (Blue Path)
1. Bearish Structure confirmation below the current zone
2.If bearish rejection confirms, expect price to continue toward 98.00, possibly 97.50
3.Clean confluence with the higher timeframe trend
⚠️ Scenario B: Bullish Extension (Orange Path)
1.If price breaks and holds above 99.25, we may see a continuation toward 100.25
2.Short-term bullish strength, but against HTF bias
3.Must treat as a counter-trend idea unless confirmed with HTF structure shift
🧠 Final Notes
• 98.50 is the key decision zone, watch reaction closely
• Trend remains bearish on all major timeframes
• Don’t force the long, lean bearish unless structure proves otherwise
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.