Monthly Archives: April 2017

Day-to-day analysis of USDX for May 01, 2017 888011000 110888 USDX begins the week within a sideways range in the short-term, with the bears topped by the level of 98.83. A healing can occur to fill the bearish space left on April 24th, which must assist to enhance the index to reach the 100.00 handle in coming days. If the index plunges listed below 98.83, it can evaluate the 98.42 level. H1 chart’s resistance levels: 99.28/ 99.97 H1 chart’s assistance levels: 98.83/ 98.42 Trading recommendations for today: Based on the H1 chart, place sell( brief) orders only if the USD Index breaks with a bearish candlestick; the support level is at 98.83, take revenue is at 98.42 and stop loss is at 99.24. The product has been offered by InstaForex Company- www.instaforex.com

By | April 30, 2017

USDX starts the week within a sideways range in the short-term, with the bears capped by the level of 98.83. A recovery can happen to fill the bearish gap left on April 24th, which should help to boost the index to reach the 100.00 handle in coming days. However, if the index plummets below 98.83, it can test the 98.42 level.

USDXH1.png

H1 chart’s resistance levels: 99.28 / 99.97

H1 chart’s support levels: 98.83 / 98.42

Trading recommendations for today: Based on the H1 chart, place sell (short) orders only if the USD Index breaks with a bearish candlestick; the support level is at 98.83, take profit is at 98.42 and stop loss is at 99.24.

The material has been provided by InstaForex Company – www.instaforex.com

Everyday analysis of GBP/USD for May 01, 2017 888011000 110888 GBP/USD is aiming to break above 1.2957, as the bulls collected momentum throughout the board during recently. This rise has been done above the 200 SMA in the H1 chart in a slow tone. , if that level quits to the upside, it can rally to check the resistance zone of 1.3029. MACD indication is turning flat, forecasting some sideways. H1 chart’s resistance levels: 1.2957/ 1.3029 H1 chart’s assistance levels: 1.2855/ 1.2652 Trading suggestions for today: Based on the H1 chart, buy( long) orders only if the GBP/USD set breaks a bullish candlestick; the resistance level is at 1.2957, take revenue is at 1.3029 and stop loss is at 1.2887. The product has actually been supplied by InstaForex Business- www.instaforex.com

By | April 30, 2017

GBP/USD is looking to break above 1.2957, as the bulls gathered
momentum across the board during last week. However, this rise has
been done above the 200 SMA in the H1 chart in a slow tone. If that level
gives up to the upside, it can rally to test the resistance zone
of 1.3029. MACD indicator is turning flat, forecasting some sideways.

GBPUSDH1.png

H1 chart’s resistance
levels: 1.2957 / 1.3029

H1 chart’s support levels:
1.2855 / 1.2652

Trading recommendations for today: Based on the H1 chart,
buy (long) orders only if the GBP/USD pair breaks a bullish
candlestick; the resistance level is at 1.2957, take profit is at
1.3029 and stop loss is at 1.2887.

The material has been provided by InstaForex Company – www.instaforex.com