empty
 
 
25.09.2013 11:50 AM
#USDX analysis for September 25, 2013

The Dollar Index has broken outside of the downward sloping trend channel. However, the break out has not been accompanied by an upward impulsive move. The move is a sideways pattern with overlapping structure and no clear trend. The pattern looks more like a bearish flag ready to break downards.

This image is no longer relevant

The Dollar Index currently trades at 80.50 having tested yesterday our resistance at 80.65, but not being able to break impulsively above it. Support is found at 80.45. If broken then the bearish flag pattern will have given a sell signal with 80.20-80 as target.

This image is no longer relevant

The above chart shows how prices have moved outside of the downward sloping channel. This is a good sign for the bulls. But there is no upward impulsive move. The prices did not even manage to break above 80.65. We remain bearish biased as long as the prices stay below 80.65 with 80.20-80 as target.

Alexandros Yfantis,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
Alexandros Yfantis
Start trade
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $6000 mais!
    Em Dezembro nós sorteamos $6000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS

Recommended Stories

Não pode falar agora?
Faça sua pergunta no chat.
Widget callback