Before the Fed decided on Tuesday, the US dollar stronger, the euro (1.0688, 0.0009, 0.08%)/US dollar lost its recovery power, the pound (1.2392, 0.0001, 0.01%) was still weak, the US dollar/yen re -rising power, the US dollar/Canadian dollar faced the dollar/Canada dollar facing the dollar/Canada dollar facing the dollar/Canadian dollar facing the dollar facing the dollar/Canadian dollars facing the dollar facing the dollar/Canadian dollar facing the dollar facing the dollar/Canadian dollar facing the dollar facing the dollar/Canadian dollar facing the dollar facing dollars facedSelling pressure.
Euro/USD technical analysis
The euro/dollar cannot be kept above 1.0700.With the support of the US dollar in the support of the increase in national bond yields, the currency fell to 1.0670.The euro/US dollar daily map is still in the downward channel, far lower than the key simple mobile average (SMA).Technical indicators provide a mixed signal.The closing price is higher than the 20 -day mobile average 1.0760 will improve the prospect of the euro.
On the 4 -hour chart, the price is above the 20 moving average of 1.0670.Near this level, there is an important support area.Falling this level will show that further softening may fall to the 1.0650 area.Falling a monthly low 1.0630 may cause euro/USD to accelerate downward.Subsequently, the relevant support position is around 1.0600, and it is expected to be a downlink obstacle to restrict further declines.
British/USD technical analysis
As the US dollar stronger in the United States, the British/US dollar fell from 1.2425 to the 1.2380 region.Before the British inflation data, the FBI's decision on Wednesday, and the decision of the Bank of England on Thursday, the British pound was still weak.
The British/USD began to decrease slightly after the upper limit of the downward return channel on Tuesday.At the same time, the relative strength index is still lower than 40, reflecting the lack of interest in buyers.In terms of downlink, 1.2360 (midpoint of the drop channel) is the first support.The closing price of 4 hours may open the door for further slippery to 1.2300.
If the currency rises to 1.2400 (the simple moving average (SMA) of 20 cycles, the upper limit of the drop channel) and stabilize there, the seller may turn to watch.In this case, it may be seen that further rose to 1.2450 (50 -cycle mobile average).
US dollar/yen technical analysis
Before the Federal Public Marketing Commission and the Bank of Japan made a key interest rate decision, traders chose to wait and see.However, the fundamental background still seems firmly conducive to bullish traders.
The US dollar/yen attracted some buying on Tuesday. Although it is difficult to use the opportunity to rise slightly, it is still lower than the highest level since November 2022, which was touched last week.The spot price trading is around 147.70, and the increase of less than 0.10%on that day. Traders are eagerly waiting for the risk of key central bank incidents this week.
US dollar/Canadian dollar technical analysis
The US dollar/Canadian dollar is facing selling pressure.The Canadian Consumer Price Index (CPI) rose 0.4%, while the annual consumer price index (CPI) increased significantly to 4%.As the core inflation remains stable, the Bank of Canada may maintain stable interest rate policies in the future.
At the end of the end of Tuesday, the US dollar/Canadian dollar tentatively tentatively tentatively fell in the morning.The currency fell by 0.72%near the opening price of 1.3475 on Tuesday, but the lunch was rebounded, and the currency was withdrawn by 68%of the decline close to the day.
The rapid rise in crude oil prices has led to the decline of the US dollar/Canadian dollar on the daily map. The currency has closed down in seven trading days in the past eight trading days in the past eight consecutive trading days.In Tuesday's transactions, the US dollar against Canada (1.3453, 0.0007, 0.05%) has fallen below the 200 -day simple moving average (SMA).Continuous selling pressure will lead to the last fluctuation low near the challenge of the currency challenge, and the upward recovery will have to be recovered to the 1.3700 mark to establish a certain upward trend
