empty
 
 
21.03.2014 04:49 AM
Daily analysis of USDX for March 21, 2014

Daily chart: The USDX is consolidating above the support level of 80.11. Now, it is very likely that the USDX attempts to climb to the resistance level of 80.62. On the other hand, it's expected to start forming a lower high pattern above this level. The USDX remains below the 200 SMA and MACD is in positive territory.

This image is no longer relevant

H4 chart: The USDX is forming a bullish pattern above the level of 80.15, so that the next target for the USDX would be the resistance level of 80.44. On the other hand, if the USDX does make a breakout at the support level of 80.09, it's expected to fall to the level of 79.93. The MACD indicator is entering extremely overbought zone, but still in positive territory.

This image is no longer relevant

H1 chart: The USDX has found resistance at the 80.35 level, but it is very likely that the USDX will try again to make a breakout at that level. If successful, it is expected to rise to the resistance level of 80.59. On the other hand, if the USDX does make a breakout at the support level of 80.15, it's expected to fall to the level of 79.88. The MACD indicator is in negative territory.

This image is no longer relevant

Trading recommendations for today: Based on the H1 chart, place buy (long) orders only if the USD Index breaks with a bullish candlestick; the resistance level is at 80.35, take profit is at 80.59, and stop loss is at 80.10.

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