empty
 
 
29.04.2015 02:08 PM
Daily analysis of USDX for April 29, 2015

The USDX seems to be strong at the current bearish structure in the daily chart, because the Index is trying to consolidate below the level of 96.30 and it's looking to reach the support zone of 95.00. Eventually, the USDX could accelerate lower if it does a breakout at 95.00, which could open the way to test the 200 SMA.

This image is no longer relevant


During the yesterday session, the USDX managed to consolidate below the resistance level of 96.34 and now we're expecting some bearish consolidation, but favoring the sideways moves. The 200 SMA is still pointing to the downwards and there is enough room for more falls, but the USDX could do a strong rebound at the current levels. We don't recommend to do intraday trades today.

This image is no longer relevant


Daily chart's resistance levels: 97.83 / 99.94

Dailychart's support levels: 96.30 / 95.00

H1 chart's resistance levels: 96.83 / 97.18

H1 chart's support levels: 96.34 / 95.87



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 96.34, take profit is at 95.87, and stop loss is at 96.83.

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