View full page at forexfactory.com

 

Forex Technical Major Pairs Analysis

From fxdailyreport.com

USDX (USD Index): {chart} The U.S. dollar index closed bearish on Friday and is only a little away from touching the daily SMA 200 and 103.85. Testing this area will be the focus of traders this week. If the index can maintain the position and bounce from these two points then the situation may turn bullish in the short term. However, if the index immediately falls and closes below these two points then the bearish trend of the index will immediately continue. {chart} EUR/USD: {chart} EUR/USD rose and closed above the daily SMA 200 so the situation of the pair is bullish at the moment. Apart from that, the pair ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis