14.04.202019:48 Forex-elemzések és áttekintések: Comprehensive analysis of movement options for #USDX vs Gold and Silver (H4) on April 15, 2020

Minuette operational scale (H4)

Precious metals gold and silver vs #USDX (dollar index) - who's who? Overview of the development of traffic movement from April 15, 2020

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US dollar index

The movement of the dollar index #USDX from April 15, 2020 will be determined depending on the development and direction of the breakdown of the range:

• resistance level of 99.05 - the initial line of the SSL of the Minuette operational scale forks;
• support level of 98.65 - the upper border of the 1/2 Median Line channel of the Minuette operational scale forks.

A breakdown of the support level of 98.65 will make it relevant to develop the movement of the dollar index within the boundaries of the channel 1/2 Median Line Minuette (98.65-98.15- 97.65) and balance zones of the Minuette operational scale forks (98.40-97.35-96.30) and Minuette (96.75-96.05-95.35).

If the resistance level of 99.5 on the starting line SSL of the Minuette operational scale forks - variant development of the upward movement #USDX to the line of control UTL Minuette (100.0) and a local maximum 100.94 of the achievement of the channel borders 1/2 Median Line (100.90-101.75-102.65) of the Minuette operational scale forks.

The layout of the #USDX movement options from April 15, 2020 is shown on the animated chart.

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Spot Silver

The direction of the breakout of the range:

• resistance level of 15.730 on the warning line UWL38. 2 of the Minuette operational scale forks;
• support level of 15.530 at the upper border of ISL61. 8 of the balance zone of the Minuette operational scale forks

And will determine the development of the Spot Silver movement from April 15, 2020.

In case of a breakdown of the warning line UWL38. 2 of the Minuette operational scale forks - resistance level 15.730 - option to continue the upward movement of Spot Silver to the goals:

• final Shiff Line (16.450) of the Minuette operational scale forks;
• warning line UWL100. 0 (17.670) of the Minuette operational scale forks.

A breakdown of the support level of 15.530 ISL61.8 Minute will confirm that further development of the Spot Silver movement will continue in the equilibrium zone (15.530-14.720-13.890) of the Minuette operational scale forks.

Details of the Spot Silver movement options from April 15, 2020 are shown in the animated chart.

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Spot Gold

The development of the Spot Gold movement from April 15, 2020 will be determined by the development and direction of the breakdown of the range:

• resistance level of 1734.00 - final line of FSL of the Minuette operational scale forks;
• support level of 1720.00 - warning line UWL100.0 of the Minuette operational scale forks.

If the final FSL line of the operational scale forks is broken, the Minute - resistance level of 1734.00, the upward movement of Spot Gold can be continued to the targets:

• warning line UWL161.9 Minuette (1757.00);
• warning line UWL38.2 Minute (1783.00);
• warning line UWL61.8 Minute (1815.00).

If the breakdown of the warning line UWL100.0 of the Minuette operational scale forks takes place - support level 1720.00 - will make possible the development of the downward movement of Spot Gold towards the goals:

• control line UTL Minuette (1702.00);
• warning line UWL61.8 Minuette (1695.00);
• warning line UWL38.2 Minuette (1681.00);
• channel 1/2 Median Line Minuette (1669.00-1655.00-1651.00).

Details of the Spot Gold movement from April 15, 2020 can be seen on the animated chart.

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The review is compiled without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing "sell" or "buy" orders).