The dollar's stalemate is caused by the situation, how to crack it?

The U.S. dollar index has oscillated within a narrow range for two trading days, and the volatility of these two trading days is almost similar, and the daily K-line pattern is also very similar, just like copying and pasting like a mirror image, which is rare for the U.S. dollar index. And this trend actually shows a problem, that is, the US dollar index is really stalemate and lacks clear guidance, so it has fallen into such a strange trend. However, there is still worse news waiting for everyone-that is, the follow-up situation cannot be ruled out. It will become more complicated and stalemate.

The process surrounding the U.S. infrastructure bill has once again fallen into chaos, because from the statement of Senate Minority Leader McNair, it seems that the bipartisan infrastructure bill that was difficult to reach before is likely to be vetoed again, which is about to see. Dawn's market has fallen into darkness again, and the situation has become confused again. Under the influence of this situation, it is normal for the US dollar index to fall into a stalemate again, and it is also normal for an effective market to fail.

There is another important point. The delta virus is accelerating the ravages of the United States. This virus is too powerful and can easily break the existing vaccine defense system in the United States, causing more infections, which will further increase the burden on the domestic medical system in the United States; the most terrible However, it is very likely that there will be another scene where the frozen car is placed directly outside the hospital. This will undoubtedly have a huge impact on the U.S. financial market. If the U.S. dollar index suddenly drops sharply at this time, it will most likely cause the collapse of market confidence. At that time, the US dollar index cannot fall at will, because without the existence of supporting elements, the fall cannot be controlled and it will be very dangerous.

However, it is regrettable that the US dollar index is currently unable to rise further, because no matter from the economic aspect or the fundamentals, there is no reasonable reason for the increase, which promotes the price increase.

Therefore, affected by the above multiple factors (here are just a few typical factors, but it is certain that there are more factors), the US dollar index cannot expand the corresponding market, the price rises sharply is not appropriate, and the sharp drop is even more inappropriate. Helpless, I can only get out of the volatile market, which is the fundamental reason why the market has been so stalemate in recent days.

Faced with such a market, how should we deal with it?

First, stay calm, observe and think more, and wait patiently for the opportunity to come; second, think from a larger level as much as possible, step down layer by layer, and find a more suitable operation direction; third, don’t make unnecessary sacrifices. Only select valuable points and use the least loss to game reasonable profits to increase the probability of success.

The above are the things that should be done in the face of the current complex market, hoping to help everyone. The current situation is very complicated and requires great patience to face and deal with it. Do not be arrogant and not irritable, and deal with it with peace of mind. That's it, for reference!

【Trading straregy】:

EUR/USD:

Although the euro has fallen to a certain extent, it is not enough to change the current situation. Instead, it gives an opportunity to enter the market. Therefore, today will be given a bargain-hunting layout. Refer to the operation as appropriate. Weak warehouse:

Buy in the 1.1830-1.1840 range, stop loss 20 points, and target 1.1860, 1.1880, and 1.1900.

USD/JPY:

Today's second operation currency pair, you can choose US-Japan trading. The operation 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 wet storage:

Short sell in the 109.25-109.35 range, stop loss 20 points, target 109.05, 108.85, 108.65.

gold:

It is inevitable for gold to fall into a stalemate, but whether it can start the market today also needs to be observed, and there is no need to worry;

To operate this area, you can try a lot lower today. If the market gives a chance, do it, and wait and see if the market does not give it a chance. Wessang:

Buy in the range of 1805-1806, stop loss of 2 dollars, target 1809, 1813, 1818.