Market demand is making waves, where does the dollar index point?

It must be said that as the price of the US dollar index continues to rise and breaks through today, refreshing the recent highs, such a trend appears, and it is obvious that the whole situation has become different.

Although the school understands that the U.S. dollar index should continue to rise (at least to touch the previous high near 93.45), it is still a bit surprising to suddenly emerge from such a wave of rising market without warning today. After all, Today is Monday’s trading day. There are no important data or events in the market, which is almost equal to a gap period. However, under this situation, the US dollar index still walks out of a wave of rising prices, driving non-US currencies to continue to fall and refresh lows. No matter how you look at the trend of the U.S. dollar, it is a strong performance of the U.S. dollar, which has to arouse our attention. At the same time, we must carefully consider the logic behind this. What is the reason? What is driving it?

It is not so easy to find the root cause of the dollar index's strength right away, especially when it comes to the economic and geopolitical levels, which is more complicated and difficult to figure out. Because in many cases, when economic demand and geopolitical demand begin to take effect, the trend of the U.S. dollar index will basically not follow the technical logic, or even if it follows the technical logic, the market will drive people to find no reason, so this trend is only It can be attributed to market demand. Of course, the school will also emphasize the real market demand again here, which includes: technical demand, data demand, fundamental demand (including economic factors, geopolitical factors, etc.).

Since the U.S. dollar index has shown a positive side during the European session and has reached a new high, this shows that the market has the ideology and demand to continue to rise in the next step. However, will the market immediately rise directly? The answer is clearly uncertain. Judging from the school’s understanding of the U.S. dollar index, it is not easy for the market today to show the positive side of a sharp rise. After all, the U.S. dollar index has not yet reached the time when it needs to rise sharply, so it can only rise volatically; since the European market The time period has shown a rising market, so the US market time does not rule out that there will be a fall in the market, which will form a sweeping market shock. Once this happens, friends must be careful and cautious, and try to wait until the unstable mood is released before waiting for the opportunity to enter. The field is just right.

At the operational level, the idea of bullish the US dollar index is maintained today, but the operation needs to wait for the callback demand to be completed as much as possible, and then wait for the opportunity to enter the market, so that it may earn a suitable profit and successfully respond to this enchanting market. Remember, this will be the main idea today for reference!

【Trading straregy】:

EUR/USD:

Although Europe and the United States are currently falling happily, we still cannot be short on this. We must beware of the sudden rebound of the market to avoid unnecessary losses. Today's operation thinking is based on short selling on rallies as much as possible, and the following suggestions are given in combination with the board, and refer to the operation as appropriate.

1.1795-1.1805, stop loss 20 points, target 1.1775, 1.1755, 1.1735.

AUD/USD:

Today's second operation currency pair, continue to choose Australia and the United States to operate. The idea is mainly short selling on rallies, and the following suggestions are given in combination with the plate, and refer to the operation as appropriate, and wetting:

Short sell in the 0.7395-0.7405 range, stop loss 20 points, target 0.7375, 0.7355, 0.7335.

gold:

Judging from the current gold trend, the situation has become complicated, and the turbulent market is inevitable. Today, we need to focus on the performance near 1802. It is not ruled out that there will be a rebound in the market.

Although the thinking is clear, it is not suitable for the layout operation. Therefore, we chose to wait and see today. After the situation becomes clear, we will not be too late to enter the market.