BUY! US DOLLAR INDEX ($USD) Nasdaq

  Report No. 2436    Analysis by: Harry Aloof     JULY 9, 2012

US DOLLAR INDEX ($USD-Nasdaq): Technical Viewpoint: From a low of $78.60 on May 1, 2012 prices rallied, reaching a high of $83.54 on Jun 1, 2012. A decline saw prices pull back, reaching a low of $81.16 on Jun 18, 2012. Another rally saw prices penetrate resistance, closing 6/6/12 at $83.38. Technicals: MACD Index (MACD): A Buy Alert! was given on Jun 6, 2012 when the solid line crossed the dotted line to the upside. Support: Remains at $82.88. Resistance: Is at $83.54. Point & Figure: Reversed to the upside on May 30, 2012. A P&F upside reversal takes place at $80.00. Summary: Technical indicators have turned bullish. BUY! US DOLLAR INDEX ($USD-Nasdaq) @ $83.50 Stop: Use a protective stop of $80.75. US DOLLAR INDEX is currently trading @ $83.38 plus $0.56 on Jul 6, 2012. Price Objective: $91.25. Risk/Reward: $2.75 VS. $8.50. Today's Risk Reward Ratio: 3:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$91.25 Risk/Reward:
$2.75 VS. $8.50 Risk/Reward Ratio:
3:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com