Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
[#USDX]
If we pay attention to both EMA which is in a Death Cross as well as RSI(14) has approaching the Overbought level, then there is potential in the near term for #USDX to weaken toward its nearest support.
Key Levels
1. Resistance. 2 : 100.13
2. Resistance. 1 : 99.83
3. Pivot : 99.55
4. Support. 1 : 99.25
5. Support. 2 : 98.97
Tactical Scenario
Pressure Zone: If the price breaks down below 99.55, there is potential pressure toward 99.25.
Momentum Extension Bias: If 99.25 is broken, 98.97 is likely to be tested.
Invalidation Level / Bias Revision
The downside bias is restrained if #USDX strengthens and breaks out above 100.13.
Technical Summary
EMA(50) : 99.65
EMA(200): 99.84
RSI(14) : 68.99
Economic News Release Agenda:
Today the United States will release the following economic data:
US - Challenger Job Cuts y/y - 18:30 WIB
US - Unemployment Claims - 19:30 WIB
US - Trade Balance - 19:30 WIB
US - Natural Gas Storage - 21:30 WIB
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
