U.S. Dollar Index's Bias Tilted Downward, Chart Shows

Dow Jones
08/04

0628 GMT - The U.S. Dollar Index's bias is tilted downward, based on the weekly chart, says Quek Ser Leang of UOB's Global Economics & Markets Research in a research report. In a sudden move last week, the index plunged and broke below the 55-week exponential moving average, the senior technical strategist notes. While the sharp fall has tilted the bias downward, flat exponential moving averages suggest any declines should remain contained within a range of 97.63-101.64, the strategist says. May's low and base of weekly Ichimoku cloud are near 97.63, while last week's high and top of weekly cloud are both at 101.64, the strategist adds. The U.S. Dollar Index is 0.1% higher at 100.035, LSEG data show.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10