empty
 
 
24.11.2011 12:57 PM
GBP/USD wave analysis for November 24, 2011

Daily chart: The USDX is trying to extend its decline below the resistance level of 80.11, which could be very possible because the USDX is falling toward the support level of 79.19. However, caution should be exercised, because the USDX could conduct a breakout at the level of 80.11. The MACD indicator is in positive territory.

This image is no longer relevant

H4 chart: The USDX continues to fall below the 200 SMA and now the USDX found support at the 79.70 level, where the USDX has made a bullish rebound. However, it is very likely that the USDX will rise to the resistance level of 79.93, though the USDX could drop to the 79.33 level in coming days. The MACD indicator is in negative territory.

This image is no longer relevant

H1 chart: The USDX is trying to do a consolidation above the 200-day moving average as the USDX had a fall below that level, where the USDX is nearly approaching the support level of 79.64. If the USDX does make a breakout at the level of 79.88, it's expected to rise to the level of 80.15. The MACD indicator is in the overbought zone.

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 79.88, take profit is at 80.15, and stop loss is at 79.61.

Chin Zhao,
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 Abril 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