empty
 
 
17.02.2014 07:06 AM
Technical analysis of USDX for February 17, 2014

New Federal Reserve chairperson Yellen stated that the Fed would maintain an accommodative stance on monetary policy. This caused weakness in USD. Recently released US data was also not supporting USD. As a result, the USD moved lower during the previous week. The USD is trading at the level of 80.10, near the crucial support zone, in the Asian trading session. In the daily chart RSI is still in the downward zone, but it is reaching close to its buying level. In the previous week, the USD pairs were close to the crucial support levels. We don't expect a breakdown in the USD considering the taper of QE. The USD pairs have attractive trading setups near crucial support zones.

Support- 79.7

Resistance- 80.15, 80.33, 80.70.

Below 79.7, we are about to head towards 79.0.

This image is no longer relevant
InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2025
Summary
Urgency
Analytic
InstaForex Analyst
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