empty
 
 
29.04.2014 05:52 AM
Daily analysis of USDX for April 29, 2014

Daily chart: The USDX continues to extend its bearish bias below the resistance level of 80.11 and the 200 SMA. For now, the USDX is making very slow movements that could last for the rest of the week, which aims to the support level of 79.19. If the USDX does make a breakout at that level, it would be expected to fall to the level of 78.12. The MACD indicator is entering negative territory.

This image is no longer relevant

H4 chart: The USDX has met resistance in the bearish trend line that has formed around current levels. It is very likely that the USDX to fall to the support level of 79.33, where another trend line is located. However, caution when placing sell orders at current levels is recommended. The MACD indicator is still in negative territory.

This image is no longer relevant

H1 chart: The USDX has consolidated again below the 200-day moving average after making one bearish rebound at the 200-day moving average. If the USDX does make a breakout at the support level of 79.55, it's expected to fall to the 79.39 level. The MACD indicator is in the overbought zone.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick; the support level is at 79.64, take profit is at 79.39, and stop loss is at 79.90.

InstaForex Analyst,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $6000 अधिक!
    में दिसंबर हम आकर्षित करते हैं $6000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback