The US Dollar Index (DXY) is entering a period when it can trade as the Fed says it acts: data-driven. With Fed speakers silent for over a week, markets will need to settle with data points being released throughout the week. This increases the possibility of whipsaw moves should several data points fall in line with a certain bias, with the DXY pricing already the outcome of the Fed meeting next week. Traders will also look for technical levels to break or hold to assess the situation, making the charts this week even more important.
On the upside, the first reclaiming ground is at 103.29, the 55-day Simple Moving Average (SMA), and at the 200-day SMA near 103.71. Once broken through, the 100-day SMA is popping up at 103.76, so a bit of a double cap in that region. Depending on the catalyst that pushes the DXY upwards, 104.96 remains the key level on the topside.
The DXY is trading a bit in nomad's land, with not really any significant support levels nearby. More downside looks inevitable with 102.00 up next, which bears some pivotal relevance. Once through there, the road is open for another leg lower to 100.61, the low of 2023.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。