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Business / Finance

USDX: the us dollar will go to storm new heights

Forex Club 24.04.2019 at 12:01

USDX (USDX) Strategy of the transaction Direction of transaction Purchase Entrance (open price) 97,450 Goal (closing price) 98,000 Stop Loss 97,1000 Horizon till 19.00 MSK 26.04.2019

Fears of a recession in the us economy declined. Good corporate reporting, the probability of reaching agreements with China, the growth of the US stock indexes are pushing the dollar up

Previously published data on retail sales in the US were quite positive

Advance report on orders for durable goods in March and it is expected that the figures will be much higher than in the disastrous February. Plus there are expectations that the GDP in the 1st quarter will show higher numbers than projected

On the hourly chart the rate has consolidated above the 50-interval moving average

Options transaction

you Need to open a transaction in Libertex to buy dollar index (USDX) price 97,450 25.04.2019 no later than 18:00 MSK:

In the case of negative developments, the net loss will not exceed 1.6%.

If you want to get your position size multiplier, the potential profit and loss for Libertex, connect to the service Libertex Show .

* If the transaction is not closed for orders (take-profit, stop-loss), it is recommended to close manually before the specified date.

Warning: Profitability in the past does not mean profitability in the future. Any projections are for informational purposes and do not guarantee results.

the dollar, China, USA, GDP, libertex Displayed author: rogova-iv USDX