empty
 
 
29.07.2014 01:52 AM
Daily analysis of USDX for July 29, 2014

Daily chart: The USDX is trying to form a lower high pattern above the 81.00 level, while the USDX is trying to stay strong in the current bullish trend. However, the USDX could fall to the support level of 80.62 as part of the corrective momevements, but for now, the bullish bias is strong.

This image is no longer relevant

H4 chart: The USDX has moved on in the last hour range below the resistance level of 81.02. If the USDX does make a breakout at that level, the next target would be the bullish trend line which is located at the level of 81.45. On the other hand, if the USDX makes a pullback at current levels, the next target would be the support level of 80.60.

This image is no longer relevant

H1 chart: The USDX has not made significant changes in the last few hours, so the USDX still remains strong in the bullish trend. The next target is the road bullish resistance level of 81.19. On the other hand, if the USDX does make a breakout at the support level of 80.93, it's expected to fall to the level of 80.73. The MACD indicator is entering neutral 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 81.19, take profit is at 81.40, and stop loss is at 80.98.

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