empty
 
 
28.09.2017 08:58 AM
Ichimoku indicator analysis of USDX for September 28, 2017

The US dollar index remains in a bullish short-term trend. Price target mentioned in our last analysis has been achieved. There are also signs of bearish divergence providing a warning for dollar bulls.

This image is no longer relevant

Red lines - bullish channel

The US dollar index is inside the bullish channel. Both RSI indicators are diverging. Price could make a pullback towards 92.95 which is the short-term support and the 38% Fibonacci retracement of the latest rise. Cloud support is at 92.20. As long as we trade above it, the short-term trend is bullish.

This image is no longer relevant

As expected, the dollar index has reached the Ichimoku cloud resistance. Price is above both the tenkan-sen and kijun-sen but below the Kumo (cloud). Trend is bullish in the short-term but in medium-term the trend remains bearish. This bounce is still considered as a short-term correction to the bigger downward trend. I expect price to get rejected and provide new lows towards 90.
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