简体中文
ภาษาไทย
繁體中文
Indonesia
US dollar index pares gains, EUR/USD strengthens again
2022-06-03
885
Fundamental analysis:
In early trading on June 3, the U.S. dollar index was at 101.77; the dollar fell across the board on Thursday, reversing gains in recent trading days, as stronger risk sentiment prompted investors to turn to higher-yielding currencies.
EURUSD Daily Chart:
Brief technical analysis: The daily moving average is weak in the long position, the exchange rate is running below the long-short turning area, the MACD is running above the 0-axis and the volume can start to increase, and the RSI area is flat. It is expected that the short-term exchange rate will continue to rebound. Pay attention to whether the suppression of the long-short turning area is effective.
Long and short turning point: 1.0800
Suppression bit: 1.0960 1.1140
Support: 1.0630 1.0460
Trading strategy: bearish below 1.0800, target 1.0630, 1.0460
Alternative strategy: bullish above 1.0800, target 1.0960, 1.1140
The above analysis is a personal opinion and is for reference only.
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
