empty
 
 
24.06.2014 03:16 AM
Daily analysis of USDX for June 24, 2014

Daily chart: The USDX continues to strengthen the current bearish trend, because the USDX has consolidated back below the 200 SMA Now, probably in the next few hours, the USDX will fall to the support level of 80.11, which has been a strong level in the current bearish of the USDX. The MACD indicator is in negative territory.

This image is no longer relevant

H4 chart: The USDX has been consolidated within the range between 80.34 and 80.24 levels. If the USDX does make a breakout at the resistance level of 80.34, it would be expected to rise to the level of 80.60, which would be a bullish consolidation. On the other hand, if the USDX does make a breakout at the level of 79.93, it's expected to fall to the level of 79.50. The MACD indicator is in neutral territory.

This image is no longer relevant

H1 chart: The USDX has made a successful breakout at the support level of 80.35, so far, the USDX will try to fall to the level of 80.15. If the USDX does make a breakout at that level, it would be expected to fall to the level of 79.88. For now, the USDX is very strong in the current bearish trend. The MACD indicator is in negative territory.

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 80.15, take profit is at 79.88, and stop loss is at 80.42.

Summary
Urgency
Analytic
InstaForex Analyst
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $6000 más!
    ¡En Diciembre, sorteamos $6000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback