Indeks Dolar Analisis teknis | Indeks Dolar Jual beli: 2017-01-10 | IFCM Indonesia
IFC Markets - Perdagangan Mata Uang Forex

Indeks Dolar Analisis teknis - Indeks Dolar Jual beli: 2017-01-10

Investors undecided on the direction of the market movement yet

The US dollar index is correcting down from its 14-year high recorded last week. Will it continue falling? Significant economic data in the US are expected only on Friday.

The weakening of the US dollar started on January 4, 2017 after the publication of the Fed December meeting minutes. They indicated a likelihood of an increase in inflation risks on the background of accelerated economic growth and possible reduction of the US corporate tax burden in case of an approval of the economic program of the new US president Donald Trump. Some investors even declared about the “overheating” risks of the US economy. Another factors in favor of the possible correction of the US dollar index may become data on the US labor market. The average increase in US nonfarm payrolls was 180 thousand a month in 2016 which is far below the benchmark of 229 thousand a month in 2015. The slowdown in nonfarm payrolls may also signify the risk of US economic overheating and full employment. Meanwhile, the US inflation reached 2.1% having exceeded the Fed target level of 2%. Theoretically, such economic indicators can limit the potential of rate hike.

USDIDX

On the daily chart USDIDX: D1 has left the rising trend nd is correcting down from its 14-year highю Further decline is possible in case of negative economic data in US.

The bearish momentum may develop in case USDIDX falls below the last fractal low at 101.2. This level may serve as the point of entry. The initial stop-loss may be placed above the 14-year high and the Parabolic signal at 103.9. Psychological levels of 101 and 104 can also be used. After opening the pending order we shall move the stop to the next fractal high following the Parabolic and Bollinger signals. Thus, we are changing the probable profit/loss ratio to the breakeven point. The most risk-averse traders may switch to the 4-hour chart after the trade and place there a stop-loss moving it in the direction of the trade. If the price meets the stop-loss level at 103.9 without reaching the order at 101.2, we recommend cancelling the position: the market sustains internal changes which were not taken into account.

Summary of technical analysis

PositionSell
Sell stopBelow 101,2
Stop lossAbove 103,9

IFCM Trading Academy - New era in Forex education
Pass Your Course:
  • Get Certificate
trading academy

The best trading conditions and high-level services for our clients

We are ready to assist you on any issue 24 hours a day.

Perhatian:
Tinjauan ini memiliki karakter informatif dan tutorial dan dipublikasikan secara gratis. Semua data, termasuk dalam Tinjauan, diterima dari sumber publik, diakui kurang lebih dapat diandalkan. Apalagi, tidak ada jaminan bahwa informasi yang ditunjukkan penuh dan tepat. tinjauan tidak diperbarui. Keseluruhan informasi dalam setiap tinjauan, termasuk pendapat, indikator, grafik dan hal lainnya, disediakan hanya untuk tujuan pengenalan dan bukan saran keuangan atau rekomendasi. Seluruh teks dan bagiannya, serta grafik tidak dapat dianggap sebagai tawaran untuk membuat kesepakatan dengan aset apa pun. Pasar IFC dan karyawannya dalam kondisi apapun tidak bertanggung jawab atas tindakan yang dilakukan oleh orang lain selama atau setelah membaca tinjauan.

Close support
Call to Skype Call to messenger Call to telegram Call to WhatsApp Call Back