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.

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 $9000 más!
    ¡En Mayo, sorteamos $9000 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
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 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