empty
 
 
24.08.2014 11:05 PM
Daily analysis of USDX for August 25, 2014

Daily chart: The USDX had a bullish momentum during the Friday's session as this instrument continued to form a lower high pattern below the resistance level of 82.51. Note that if the USDX manages to make a breakout at that level, the next target would be the resistance level of 83.22 in the medium term. The MACD indicator stays in positive territory.

This image is no longer relevant

H4 chart: The USDX has made a rebound near to the support level of 82.20. So it is trying to make a breakout in the bullish trend line. If it succeeds, it would be expected to rise to the level of 83.65 in the medium term, where another trend line is located. For now, it is better to wait for this instrument to get consolidated above that bullish trend line.

This image is no longer relevant

H1 chart: The USDX is trying to form a lower high pattern above the support level of 82.32, so the next objective is the resistance level of 82.50. If the USDX manages to make a breakout at that level, it would be expected to that rise to the level of 82.67. The MACD indicator is entering overbought area.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 82.50, take profit is at 82.67, and stop loss is at 82.35.

InstaForex Analyst,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
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 $1000 अधिक!
    में जून हम आकर्षित करते हैं $1000 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
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 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