empty
 
 
30.10.2014 12:58 AM
Daily analysis of USDX for October 30, 2014

At the H4 chart, the USDX rose from the level of 85.20 to the resistance level of 86.01 where the USDX has begun to form a bullish pattern. In the medium term, we can see that the USDX has enough room to rise to the level of 86.40, where one bullish trend line is on this chart. In addition, the MACD indicator remains in positive territory, although the USDX could make a pullback at current levels.

This image is no longer relevant

H4chart's resistance levels: 86.01 / 86.75

H4chart's support levels: 85.06 / 84.52

The USDX had a strong bullish momentum above the 200 SMA on the H1 chart. For now, the USDX could begin to form a higher high pattern to attempt a breakout on the resistance level of 86.17. If successful, the next target would be the level of 86.40 in the short term. However, the USDX could perform a retracement to the support level of 85.73, to then continue the bullish trend. The MACD indicator remains in positive territory.

This image is no longer relevant

H1 chart's resistance levels: 86.17 / 86.40

H1 chart's support levels: 85.95 / 85.73

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 85.27, take profit is at 85.03, and stop loss is at 85.49.

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