Yituo Finance-Trump's big move The US dollar index is suffering

There was less fundamental news yesterday, butforeign exchangeThere are significant fluctuations in the market, especiallyUSD IndexThe performance was mainly affected by the performance of Trump at the press conference, which disappointed investors' expectations. And the UK, announced during the European time11After the quarterly adjustment, the performance of the commodity trade account data was poor, coupled with investors' concerns about the prospects of Brexit in the UK, the GBP/USD briefly fell1.2033Nearby, and after Trump's press conferenceUSD IndexDiving has boosted the pound's rebound, but there is still a risk of further decline in the future. At a press conference before Trump took office early this morning, as the specific details of the fiscal stimulus policy expected by the market were not disclosed, investor disappointment led to significant fluctuations in the previously hyped high US dollar index, reaching its lowest point101.20After stabilizing slightly at a low level, there is still a risk of a pullback in the US index, and investors need to be cautious.
This morning, the market will continue to digest the impact of Trump's speech, and the market fundamentals will continue to be light. However, we still need to pay attention to the German announcement during the European period2016yearGDPThe performance of the data has a significant impact on the trend of the euro, in addition to the United States12We also need to pay close attention to the monthly import and export price index.

Specific technical aspects:

　　USD IndexDaily chart

　　USD IndexYesterday, there was a wide range of fluctuations, hitting the downward support of the Bollinger Bands. The market continued to decline in the early morning session, indicating the spread of investor disappointment,USD IndexThe risk of further pullback is high, and for aggressive investors, ifMeizhifall drastically101.40Light position chasing short, stop loss101.70Stop surplus100.50。

EUR/USD daily chart

Yesterday, the euro experienced significant range fluctuations against the US dollar, but it has not been effectively broken through1.0620The nearby resistance level indicates strong pressure above, and further observation is needed to determine whether it can effectively break through. Currently, the focus is on observation.

Daily chart of GBP/USD

Due toMeizhiThe pullback has given the pound a brief respite, but the risk of Brexit will continue to weigh on the pound's trend, and yesterday's rebound was once again hindered near the middle track of the Bollinger Belt. For aggressive investors, they can try to1.2250Short nearby, stop loss1.2285Stop surplus1.2050。

USD/JPY4Hour chart

USD/JPY exchange rate118The area has been consolidating for a long time and has not been able to effectively break through this resistance level. AsMeizhiThe signs of a pullback are becoming increasingly apparent, and there is a possibility of further downward movement of the US dollar against the Japanese yen. Radical investors can115.50Short and stop losses in nearby light positions115.85Stop surplus114.05。

Yituo Finance Analyst: Deng Pan