empty
 
 
24.03.2014 02:40 AM
Daily analysis of USDX for March 24, 2014

Daily chart: The USDX has managed to form a fractal above the support level of 80.11. However, it is very likely that the USDX keeps moving in a low range, as part of a correction in the current trend. The next target for the USDX is the resistance level of 80.62. On the other hand, if the USDX does make a breakout at the support level of 80.11, it's expected to fall to the level of 79.19. The MACD indicator is in positive territory.

This image is no longer relevant

H4 chart: The USDX remains above the 200 SMA and the support level of 80.09. If the USDX does make a breakout at the level of 80.15, it's expected to rise to the level of 80.44. On the other hand, if the USDX does make a breakout at the support level of 80.09, it's expected to fall to the level of 79.93 that would be a bearish consolidation. The MACD indicator is in the overbought zone.

This image is no longer relevant

H1 chart: The USDX has fallen below the resistance level of 80.15, but the USDX remains very close to that level. If the USDX manages to consolidate above this level, it would be expected to rise to the resistance level of 80.35. Otherwise, the USDX could fall to the support level of 79.88. The MACD indicator is entering neutral territory and oversold.

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 80.35, take profit is at 80.59, and stop loss is at 80.10.

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 $5000 mais!
    Em Novembro nós sorteamos $5000 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