empty
 
 
06.02.2015 05:03 AM
Daily analysis of USDX for February 06, 2015

On the daily chart, we can see a retracement from the USDX in favor of the bearish bias, as this instrument probably will touch the support level of 93.02 in the short term. Anyway, our bullish outlook in the general bias is still valid, as the 200 SMA is bullish and the USDX is performing a corrective cycle on this chart.

This image is no longer relevant

Again, the USDX fell below the 200 SMA on the H1 chart. Now, the USDX finds strong support at the 93.46 level. But we are still interested to see a rebound on that level to the resistance level of 93.94, that could be the last chance in the short term for this instrument to get on the bullish ride again. Anyway, if the USDX makes a breakout at the 93.46 level, the next target could be the support level of 93.10.

This image is no longer relevant

Daily chart's resistance levels: 94.18 / 95.45

Dailychart's support levels: 93.02 / 92.42

H1 chart's resistance levels: 93.94 / 94.38

H1 chart's support levels: 93.46 / 93.10


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 95.45, take profit is at 96.87, and stop loss is at 93.50.

InstaForex Analyst,
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 $9000 mais!
    Em Maio nós sorteamos $9000 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