Investor.Unity
Long

US Dollar Index Analysis 23/09/14

FX:USDOLLAR   Dow Jones FXCM Dollar Index
80 0 1
Long term trend: Up
Medium term trend: Up
Significant Levels: 10970 (Horizontal Resistance), 10880 (Horizontal Support), 10650 (Significant Area), 10370 (Significant Area)

As previously discussed, the US Dollar             has gained its strength. Currently, USD is still going up and is now near the previous high which is now again a Resistance. The market recently respected this Resistance and is a bit going down for now. Although this is the case, USD is still strong and is bullish right now. It is likely that the 10970 level will be broken in the next few days or weeks. It's possible that USD might retrace before continuing its trend. Buying USD if the price dips would be a good opportunity. Take note those significant levels and see how the market will react at those areas.

Trade well.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out