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

The Dollar index continues to trade sideways. Technically we have a breakdown of short-term support that should eventually bring price towards 91.60. Short-term trend is neutral. Medium-term trend is bearish.

Exchange Rates 25.08.2017 analysis

Red lines -bullish channel (broken)

The Dollar index is heading towards the Kumo (cloud) resistance in the 4-hour chart at 93.60. If price breaks this resistance we should expect the lower channel boundary at 93.70-93.80 to be tested. At these resistance levels, short-term traders could try to open short positions as risk reward favors the bearish side.

Exchange Rates 25.08.2017 analysis

Red lines - trading range

On a daily basis we see the kijun-sen (yellow line indicator) cross below the tenkan-sen (red line indicator). Although this would normally be a bullish sign, this is the result of the sideways movement of prices. Moreover, a cross below the cloud diminishes the strength of a bullish signal. I continue to expect that prices will break down towards 91.50. For this scenario to be confirmed we need to see new weekly lows.

*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.