empty
 
 
26.10.2017 09:47 AM
Ichimoku indicator analysis of USDX for October 26, 2017

As expected, the US dollar index pulled back off the 94 resistance area towards the short-term support of 93.50 as we mentioned in yesterday's analysis. The trend remains bullish as the price is still above cloud support and inside the bullish channel.

This image is no longer relevant

Black lines - bullish channel

The dollar index is trading inside the bullish channel. The support is found at 93.50 and the resistance lies at 94. Breaking above the resistance will open the way for a move towards 94.30-94.50. As long as the price is above 93.50 the trend is bullish.

This image is no longer relevant

Black lines - bearish channel

On a weekly basis the Dollar index remains inside the bearish channel and shows signs of rejection at the upper channel boundary. Breaking above 94 will probably push the price towards the weekly kijun-sen (yellow line indicator) at 95.45. Short-term trend remains bullish but we could see its end today if we break 93.50. Until then trend is bullish targeting 95.

Summary
Urgency
Analytic
Alexandros Yfantis
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In June we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback