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Duan Yunqiang: Is There Still A Need For Signal Confirmation That The US Dollar Will Withdraw Significantly?

2014/9/24 15:16:00 21

Duan YunqiangUS DollarEconomy

Euro / dollar

It is still not able to rebound to the top of the 1.2900/50 interval, so there is still downside risk. If it falls below 1.2820/00, it may further fall to 1.2750/20 to complete the decline.

If the upper reaches can break through 1.2950, the risk of short-term downlink will be lifted, which may have formed the bottom above 1.2800.

For the time being, there is still a low risk of test interval below 1.2900.

GBP / USD

The pound is slightly stronger, especially in the main cross.

For the US dollar, there is a chance to test the 1.6435 and 1.6475 intervals in the short term, but we may need to break out from this area before we can go further. Otherwise, the trend will not rule out the possibility of wide shocks.

Support is at 1.6250, and the risk of testing 1.6150/00 is below.

Short term uplink is expected to be resistant to 1.6435/75 front-line.

Australian dollar / US dollar

Australian dollar fell to yesterday's main support 0.8840, short-term technology chart oversold and showing the bottom deviation, price or try to appear some amendments, but as long as the rebound failed to break through the 0.8950/70, then the downward pressure does not decrease, if fell below the early low of 0.8830, will open up to 0.8750 of the space.

There are still downside risks when the short lines fall between 0.8830 and 0.8950.

  

USD / yen

Yesterday, the Japanese government expressed concern about the weakness of the yen, making investors take profits.

If the short line loses 108.20 of yesterday's lows, it risks further correction to 107.80/50 or even 107.20, but it is expected that such a fall may be a short-term one, and then there will be a chance to regain its momentum.

The short focal point above is 109. If we can break through, the target still points to 109.90/00.

  

Spot gold

Gold yesterday experienced a technical rebound, but it was blocked again after 1235. The focus of the day is 1215. If the risk is down, the downside risks will not be eliminated, and the 1205 to 1200 US dollar will be tested further.

On the other hand, the main resistance above is 1227. If there is a breakthrough, it will have the chance to continue yesterday's rebound trend, but even so, the estimated rebound in the 1240 to 1245 area is expected to encounter resistance again.

The short line between 1215 and 1227 is expected to seek direction.

  

Spot Silver

Overfall rebound, but the trend is up to 18.20/50 above, then the downward pressure will not change, if it falls below 17.30, will open more downward space, or try 16.90, within days resistance in 18.00/20, is expected to be blocked or maintained.

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