US Dollar 4H (31.08.2014) Tech Analysis Training
The US Dollar 4H Diagram Technical Analysis Training shows the following:
The USDollar after some consolidations has stopped exactly on 3.618 of fib at 10645. The USD has breached the Tenkan Sen and Kijun Sen and it is above the KUMO, which means that USD is bullish. The weekly diagram shows bullish trend and the monthly too.
The first thing I see in diagram is the pattern that looks for upwards movement. MACD gave bull sign on zero line.
We have no special candlestick pattern. The price is above all ichimoku key indexes.
There is no special pattern. You can see the fib levels.
Long USD. Stop loss if it insert into the KUMO. I think this will be a third and final wave until 10700.
The USDollar after some consolidations has stopped exactly on 3.618 of fib at 10645. The USD has breached the Tenkan Sen and Kijun Sen and it is above the KUMO, which means that USD is bullish. The weekly diagram shows bullish trend and the monthly too.
The first thing I see in diagram is the pattern that looks for upwards movement. MACD gave bull sign on zero line.
We have no special candlestick pattern. The price is above all ichimoku key indexes.
There is no special pattern. You can see the fib levels.
Long USD. Stop loss if it insert into the KUMO. I think this will be a third and final wave until 10700.
