empty
 
 
07.03.2014 03:53 AM
Daily analysis of USDX for March 07, 2014

Daily chart: The USDX has had a strong fall below the resistance level of 80.11, so it is very likely that the USDX to fall to the support level of 79.19 soon. If the USDX manages to consolidate below the 79.55 level, this fall might happen. On the other hand, if the USDX makes a bullish rebound at the current levels, it is expected to rise to the resistance level of 80.11. The MACD indicator is in negative territory.

This image is no longer relevant

H4 chart: The USDX is forming a bearish pattern below the resistance level of 79.59. If the USDX manages to consolidate below this level, it would be expected to fall to the level of 78.90, where a bearish trend line is. On the other hand, it would be expected to rise to the level of 79.81 if USDX executes a breakout at the level of 79.69. The MACD indicator is still in negative territory.

This image is no longer relevant

H1 chart: The USDX has found resistance at the 200-day moving average and now the USDX is forming a higher low pattern below the resistance level of 79.88. If the USDX does make a breakout at the support level of 79.64, it's expected to fall to the level of 79.39. On the other hand, if the USDX managed to break the resistance level of 79.88, it's expected to rise to the level of 80.15. The MACD indicator is oversold.

This image is no longer relevant

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 79.64, take profit is at 79.39, and stop loss is at 79.89.

InstaForex Analyst,
Especialista em análise na InstaForex
© 2007-2024
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 $1000 mais!
    Em Junho nós sorteamos $1000 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 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • 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