empty
 
 
06.05.2014 08:37 AM
Daily analysis of USDX for May 06, 2014

Daily chart: The USDX has not had major changes in this chart, as the USDX continues to fall below the 200-day moving average, so the bearish bias remains strong. For now, the nearest target is the support level of 79.19. However, if the USDX makes a bearish rebound at the current levels, it is expected to rise to the resistance level of 80.11. The MACD indicator is in negative territory.

This image is no longer relevant

H4 chart: The USDX had a bullish momentum above the bearish trend line that is close to the level of 79.50, but the USDX is trying to make a breakout at the support level of 79.33. If successful, it is expected to fall to the level of 79.27. On the other hand, if the USDX makes a bullish rebound at the current levels, it is expected to rise to the level of 79.75. The MACD indicator is in neutral territory.

This image is no longer relevant

H1 chart: The USDX remains below the point of control that is near the 200 SMA. However, if the USDX does make a breakout at the support level of 79.39, it's expected to fall to the level of 79.13 which would be a strong bearish consolidation. The MACD indicator is in negative territory.

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 79.39, take profit is at 79.13, and stop loss is at 79.64.

InstaForex Analyst,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2026
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 $10000 अधिक!
    में जनवरी हम आकर्षित करते हैं $10000 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