empty
04.03.2020 01:36 AM
Comprehensive analysis of movement options of #USDX vs EUR/USD vs GBP/USD vs USD/JPY (DAILY) on March 2020

The first month of spring. Here is a comprehensive analysis of the options for the movement of the main currency instruments #USDX, EUR / USD, GBP / USD and USD / JPY - DAILY in March 2020

Minor operational scale (daily time frame)

____________________

US dollar index

The movement of the #USDX dollar index in March 2020 will be determined by developing the boundaries of the equilibrium zone (97.15 - 97.65 - 98.10) of the Minuette operational scale forks. The details for working out the boundaries are shown in the animated chart.

In case of breakdown of the upper boundary of the ISL38.2 (resistance level of 98.10) equilibrium zone of the Minuette operational scale forks, together with 1/2 Median Line Minuette (98.20) upward movement of the dollar index can be continued to the upper boundary of 1/2 Median Line Minuette channel (98.60) and the control line UTL (99.00) of the Minor operational scale forks.

On the contrary, in case of breakdown of the lower boundary of the ISL61.8 (support level of 97.15) equilibrium zone of the Minuette operational scale forks, it will lead to an option to continue the downward movement #USDX to the targets:

- final Schiff Line Minuette (96.50);

- local minimum 96.36 ;

- final line FSL (95.40) of the Minuette operational scale forks.

The marking up options for the #USDX movement in March 2020 is shown in the animated chart.

This image is no longer relevant

____________________

Euro vs US dollar

The development of the movement of the single European currency EUR / USD in March 2020 will depend on the development and direction of the breakdown of the range :

  • resistance level of 1.1175 - the initial line of SSL of the Minor operational scale forks;
  • support level of 1.1090 - the upper boundary of the ISL61.8 equilibrium zone ofof the Minuette operational scale forks.

A return below the support level of 1.1090 to ISL61.8 Minuette will determine the development of the EUR / USD movement in the equilibrium zone (1.1090 - 1.1030 - 1.0970) of the Minuette operational scale forks with the prospect of reaching the boundaries of 1/2 Median Line Minuette channel (1.0945 - 1.0900 - 1.0860).

Meanwhile, in the event of a breakdown of the resistance level of 1.1175 on the initial SSL line of the Minor operational scale forks, it will be possible to update the local maximum 1.1240 and the European currency will reach the final line FSL (1.1275) of the Minuette operational scale forks.

The details of the EUR / USD movement options in March 2020 are shown on the animated chart.

This image is no longer relevant

____________________

Great Britain pound vs US dollar

In March 2020, the development of Her Majesty's GBP / USD currency movement will depend on the development and direction of the breakdown of the boundaries of 1/2 Median Line channel (1.2625 - 1.2800 - 1.2980) of the Minuette operational scale forks. The detail of movement inside the channel 1/2 Median Line Minuette is presented on the animated chart.

The breakdown of the upper boundary (resistance level of 1.2980) of the 1/2 Median Line channel of the Minuette operational scale forks will lead to the development of the upward movement GBP / USD which may continue to 1/2 Median Line Minor (1.3160) with the prospect of reaching the upper boundary of the 1/2 Median Line channel (1.3435) of the Minor operational scale forks.

Alternatively, in case of breakdown of the lower boundary (support level of 1.2625) of the 1/2 Median Line Minuette channel, then the downward movement of Her Majesty's currency will continue to the boundaries of the equilibrium zone (1.2580 - 1.2350 - 1.2120) of the Minuette operational scale forks.

The details of the GBP / USD movement in March 2020 can be seen on the animated chart.

This image is no longer relevant

____________________

US dollar vs Japanese yen

The development of the USD / JPY currency movement of the "country of the rising sun" in March 2020 will be determined by the development and the direction of the breakdown of the range :

  • resistance level of 107.75 (upper boundary of the ISL38.2 of the Minuette operational scale forks);
  • support level of 107.35 (lower boundary of the 1/2 Median Line Minuette channel).

The breakdown of the upper boundary of ISL38.2 (resistance level of 107.75) of the Minuette operational scale forks will direct the development of the currency of the country of the rising sun to the 1/2 Median Line Minuette channel (108.20 - 109.40 - 110.60) of the Minor operational scale forks.

On the contrary, in case of breakdown of the lower boundary (support level of 107.35) of the 1/2 Median Line Minuette channel, the downward movement of USD / JPY can be continued to the goals :

- initial SSL line (107.05) of the Minor operational scale forks;

- 1/2 Median Line Minuette (106.35);

- lower boundary of ISL61.8 (105.00) of the equilibrium zone of the Minuette operational scale forks.

We look at the details of the USD / JPY movement in March 2020 on the animated chart.

This image is no longer relevant

____________________

The review was compiled without taking into account the news background. Thus, the opening trading sessions of major financial centers does not serve as a guide to action (placing orders "sell" or "buy").

The formula for calculating the dollar index :

USDX = 50.14348112 * USDEUR0.576 * USDJPY0.136 * USDGBP0.119 * USDCAD0.091 * USDSEK0.042 * USDCHF0.036.

where the power coefficients correspond to the weights of the currencies in the basket:

Euro - 57.6% ;

Yen - 13.6% ;

Pound sterling - 11.9% ;

Canadian dollar - 9.1%;

Swedish krona - 4.2%;

Swiss franc - 3.6%.

The first coefficient in the formula leads the index to 100 at the starting date - March 1973, when the main currencies began to be freely quoted relative to each other.

Ratu Taslim,
Analytical expert of InstaForex
© 2007-2025
Summary
Urgency
Analytic
Oleg Khmelevskiy
Start trade
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

USD/JPY. 分析與預測

今天,USD/JPY 貨幣對在 100 小時簡單移動平均線(SMA)下方表現出一些韌性。 從技術角度來看,USD/JPY 貨幣對今天在 100 小時 SMA 下方表現出了穩定性,這對多頭有利。

Irina Yanina 19:25 2025-07-17 UTC+2

GBP/USD。7月17日的指標分析

趨勢分析(圖 1) 週四,市場可能會繼續從 1.3417 水平(昨日的日收盤)下跌,目標為 1.3369 – 下方分形(黃色虛線)。從此水平,價格可能會反彈向上,朝向 1.3405 – 歷史阻力位(淺藍色虛線)。

Stefan Doll 12:12 2025-07-17 UTC+2

外匯預測 2025/07/17:EUR/USD, GBP/USD, USD/JPY, SP500 和 Bitcoin

實用連結: 我其他的文章可以在這個部分找到 InstaForex 初學者課程 熱門分析 開立交易帳戶 重要提示: 外匯交易初學者在做出進入市場的決策時需要非常謹慎。在重要報告發布之前,最好不要進入市場,以避免由於波動性增加而遭遇劇烈的市場波動。

Sebastian Seliga 12:08 2025-07-17 UTC+2

歐元/美元。7月17日指標分析

趨勢分析(圖 1) 星期四,市場可能會持續從 1.1639 水平(昨日的日收盤價)向下移動,目標為 1.1560 —— 61.8% 的回撤水平(紅色虛線)。在測試此水平後,價格可能會反彈向上至 1.1588 —— 76.4% 的回撤水平(紅色虛線)。

Stefan Doll 11:45 2025-07-17 UTC+2

歐元/美元。7月17日。特朗普再度想解雇鮑威爾

週三,EUR/USD 貨幣對達到了1.1574的100.0%修正水平,並從該位置反彈,升至1.1712的127.2%斐波那契水平,隨後也從此位置回落。因此,最新的反轉對美國美元有利,週四早上,空頭再次發動攻勢,目標瞄準1.1574水平。

Samir Klishi 11:23 2025-07-17 UTC+2

GBP/USD。7月17日。英國失業率持續上升

在小時線圖上,GBP/USD兌在週三從1.3357–1.3371的支撐區反彈,並上升至1.3470的76.4%回撤水平。從1.3470的反彈導致利好美元的反轉,再次下跌至1.3357–1.3371區域。

Samir Klishi 11:15 2025-07-17 UTC+2

是什麼因素阻礙了美國股市的強勁反彈?(AUD/USD:美元走強)

美聯儲今年可能無法恢復降息的強烈可能性對美元提供了顯著支持。美指在本週末或可能突破99.00並持續上升到下週。

Pati Gani 10:13 2025-07-17 UTC+2

納斯達克100指數有可能在2025年7月17日星期四走弱並下跌至其最近的支撐位。

納斯達克 100 指數 - 2025年7月17日星期四 #NDX 的價格走勢低於 EMA(20) 和 EMA(50),由於 RSI(14) 處於中性看跌水平。因此,#NDX 在短期內可能繼續走弱。

Arief Makmur 08:47 2025-07-17 UTC+2

DXY有可能測試其樞紐水準,但在2025年7月17日星期四可能會進一步走強。

美元指數 – 2025年7月17日星期四 如果樞軸點和支撐位在短期內能夠承受#USDX的疲軟回調,那麼#USDX有潛力繼續走強,這還受到黃金交叉EMA(50 & 200)和914 RSI(中性-看漲)狀態的支撐。 關鍵水平 1. 阻力位2:99.47。

Arief Makmur 08:47 2025-07-17 UTC+2

從 EUR/JPY 匯率角度看股市下跌的預期

從歷史上看,投資者從股市撤離常常不可避免地反映在歐元/日元匯率的下跌,因為投資者退出風險貨幣(如歐元)轉向避險資產(如美元和日元)。因此,市場恐慌通常會導致歐元/日元匯率加速下跌。

Laurie Bailey 07:41 2025-07-17 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

Dear visitor,

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 InstaFintech Group 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?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

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.