empty
 
 
30.08.2017 09:10 AM
Ichimoku indicator analysis of USDX for August 30, 2017

The Dollar index is bouncing but the trend remains bearish. We were expecting the price to reach 91.60 and it has made a low at 91.62 where it started a strong bounce above 92.

This image is no longer relevant

The price is testing the kijun-sen resistance on the 4-hour chart. A rejection here will open the way for a move to new lows towards 90.50. Maximum short-term bounce target is at 93.40. I do not expect the Dollar index to move past that level now. I believe it is more probable to make a reversal from 92.50.

This image is no longer relevant

Red lines - bearish channel

On a daily basis, the trend remains bearish. Resistance is at 92.70-93. Breaking above that level could push the index towards 94.50. The index justifies such a bounce or even a bigger one. However, I would prefer to remain neutral and look for levels to sell.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $5000 more!
    In November we raffle $5000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback