US Dollar Daily (27.07.2014) Technical Analysis Training
The US Dollar Daily Diagram Technical Analysis Training shows the following:
The USDollar follows a support line (green) last four weeks. This support line is now above the KUMO, which means that USD is strong bullish. The weekly diagram shows neutral trend and the monthly bearish.
The first thing I see in diagram is that USD tries to get 1.618 of fib level at 10489. The only think that is opposite to USD is Gold. MACD is bullish and RSI has reach 65 (bullish).
We have no special candlestick pattern. The price is above the KUMO, the Kijun Sen (blue line) and above the Tenkan Sen (green line) too.
There is no special pattern. The fib from 10363 to 10441 shows the 1.618 as target and 10441 as support.
All the keys say long except Gold so take a look at XAUUSD on Monday.
The USDollar follows a support line (green) last four weeks. This support line is now above the KUMO, which means that USD is strong bullish. The weekly diagram shows neutral trend and the monthly bearish.
The first thing I see in diagram is that USD tries to get 1.618 of fib level at 10489. The only think that is opposite to USD is Gold. MACD is bullish and RSI has reach 65 (bullish).
We have no special candlestick pattern. The price is above the KUMO, the Kijun Sen (blue line) and above the Tenkan Sen (green line) too.
There is no special pattern. The fib from 10363 to 10441 shows the 1.618 as target and 10441 as support.
All the keys say long except Gold so take a look at XAUUSD on Monday.
