empty
 
 
25.07.2014 11:10 AM
#USDX Technical analysis for July 25, 2014

The Dollar index remains in the bullish trend. The Dollar index is making higher highs and higher lows. It has reached our short-term target of 81. Now, our next target is 81.75. The Dollar index continues to trade within the upward sloping channel above the Ichimoku cloud support.

This image is no longer relevant

A short-term pause to the rise could come near 81-81.20. A pull back towards 80.7 would be a healthy correction and another opportunity to add to long positions. The trend remains bullish. So do I.

This image is no longer relevant

In the daily chart as shown above, we can see the Dollar index approaching important resistance. Our target is at 81.75 an equal sized move to the rise from 78.90 to 81. The price is above the Ichimoku cloud. This confirms the bullish daily trend which proved our view that a trend reversal occurred at 79.

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 $6000 more!
    In December we raffle $6000 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