empty
 
 
27.03.2016 08:54 PM
USDX technical analysis for March 28, 2016

The Dollar index had a strong bullish week however price remains far below the last high at 97.05 and with bearish divergence signals in the short-term a pullback is very likely. The Dollar index is still inside a complex overlapping structure both in the short-term charts and in the medium-term charts. This implies that we are still in a corrective phase and as long as we are above 92, it is still possible that we just consolidate before the next big upward move.

This image is no longer relevant

Green line - resistance

Last week the Dollar index rose towards the 4 hour Kumo (cloud) resistance in a straightforward manner. Oscillators have turned overbought and price has not managed to break above the resistance trend line that touches all previous tops. A pause in the uptrend is expected this week. A pullback if not a new lower low is expected.

This image is no longer relevant

Blue lines - sideways channel for the last year

The weekly candle of last week showed bulls are not giving up yet as price has managed to re-emerge above the upper cloud boundary resistance. Price however still remains inside the long-term sideways channel with no clear direction. Moreover, price is still below the kijun- and tenkan-sen resistance indicators and is still below the weekly high at 98.60. A break above that high will increase the chances of a larger degree breakout to new highs above 103-104.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $8000 lebih lagi!
    Dalam Mac kami membuat cabutan bertuah $8000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget