Stay 
Trading Conditions
Products
Tools
The Dollar index made new higher highs yesterday but the RSI did not follow. The RSI provided the second bearish divergence and this is an important sign of weakness. The Dollar index continues to trade inside the bullish shor-term channel.
The Dollar index has support at 95.50. As long as price is above this level, bulls remain in control of the trend. So far the index has respected the channel support and continues to make higher highs and higher lows. The chances of a reversal have increased, specially after the new bearish divergence, but so far we have no such sign. Bulls continue to consider every pull back as a buying opportunity.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
