INDEX:DXY   U.S. Dollar Index
231 0 0
USD Index price action retraced to retest the 78.60 level which is very close to the full 50% Fib Retracement from May 2011 lows to the current July 2012 high of 84.10. Softening USD was a direct result of the anticipated FOMC announcement of QE3 which is quite simply extremely Bearish for the USD. All of the indicators like MACD , Stoch . And RSI are currently at oversold levels indicating the potential for a corrective bounce back before the prevailing trend continues to push the price action lower. Current resistance on the upside is located at 80.35 followed by 80.70 which is the 200 Day SMA . Alternatively support on the downside is located firstly at 78.30 followed by 78.10 and 76.80 which is the full 61.8% Fib. Retracement from the 84.10 level.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out