empty
 
 
03.07.2014 02:13 AM
Daily analysis of USDX for July 03, 2014

Daily chart: The USDX has made a bullish rebound near the 79.70 level and now the USDX is forming a higher low pattern. If the USDX does make a breakout at the support level, it is expected to fall to a support level of 79.19. For now, the USDX remains strong in the bearish bias. The MACD indicator is in negative territory.

This image is no longer relevant

H4 chart: The USDX has been strengthened again over the support level of 79.93, so the USDX is trying to form a higher low pattern to continue falling. If the USDX does make a breakout at that level, it would be expected to fall to the level of 79.50, at which one bullish trend line is. The MACD indicator is in positive territory.

This image is no longer relevant

H1 chart: The USDX is closing in on the 200-day moving average, which is close to the resistance level of 80.15. If the USDX does make a breakout at that level, it would be expected to rise to the level of 80.35 that would begin a short term bullish bias on the USDX. The MACD indicator is in the overbought zone.

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 79.90.

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