Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Long-term review

The US dollar index reversed and got rejected at 101.30 when we expected it last week. Now it is in a short-term bearish trend. The price is in the important support area where we could see another upward turnaround.

Exchange Rates 18.04.2017 analysis

Blue line - short-term resistance trend line

The dollar index is trading below the 4 hour Kumo (cloud) and the blue trend line resistance. Resistance is found at 100.60. Support lies at 99.80 where we also find the 61.8% Fibonacci retracement of the latest upward move from the important lows at 98.80.

Exchange Rates 18.04.2017 analysis

Blue line - medium-term resistance trend line

Black line - medium-term support trend line

Green line - long-term support trend line

Weekly resistance remains in the area of 101.30-101.50 by the downward sloping trend line. Weekly support is at 99-98.80 where the medium-term and long-term support trend lines meet. Long-term trend remains bullish as price the holds above the Kumo (cloud). However, there will be intense warnings if the price closes below the weekly kijun-sen at 99.80.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Alexandros Yfantis,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.