USDOLLAR's 20-DAY SMA Holding Resistance
The charts refer to FXCM's USD index (USDOLLAR). On the left, the daily chart shows that the index tried to overcome its black 20-day SMA resistance but was unsuccessful (aqua ellipse). The SMA remains pointing down and the daily RSI is on the bearish side of 50. The right chart shows the hourly time frame. Here too, the RSI denotes an underlying bearish momentum (green rectangle). If the EMAs develop angle and separation to the downside, the greenback will be under pressure as risk-sentiment moves capital towards risk-on instruments.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.