The US Dollar Withdraws From The Euro To Get A Breathing Space.

The dollar hit a 14 month high yesterday, driven by the Fed's Research Report and the pound's weakness.

The latest San Francisco Fed's research report shows that the low volatility of financial markets may indicate that investors underestimated the speed of the Federal Reserve's interest rate hike in the future.

Investors do not seem to be as sure about the future path of monetary policy as the members of the Federal Open Market Committee.

The Scotland referendum is so concerned that even after the Bank of England governor's speech triggered a brief rebound in sterling, investors chose to sell pounds.

Carney hinted that Britain may raise interest rates in the spring of next year.

Before Carney's speech, the UK's industrial production figures released in July were better than expected, the biggest increase in six months.

On the normal trading day, Carney's statement might boost the pound.

But concerns about Scotland's possible departure from Britain are mounting, dragging down the pound.

A TNS survey was released overnight, showing that the number of respondents who supported Scotland independence increased rapidly.

The Scotland independence referendum will be held in September 18th.

Although the poll showed that the number of respondents who opposed "Scotland independence" was slightly more than that of their supporters, however, another poll last day showed that 51% of the respondents who supported "independence" and 49% of them were supporters, which was the first time that supporters had taken the lead in the polls.

The report shows that the market may underestimate the pace of interest rate increase, because the US dollar is stronger because

The possibility of independence is rising.

Britain may face some uncertainties.

From a technical point of view, the US dollar has dropped sharply after the new high, which means that the resistance of the US dollar index at 84.75 of the previous high point is a deterrent to the US dollar.

However, the US dollar index daily chart 5, 10 and 20 day average continued to show a multi head arrangement, forming strong support for the exchange rate.

Short term gains have accumulated a lot of profit making, and it is normal that the callback will continue to rise after finishing the callback.

The strong characteristic of the US dollar is that it will rise sharply. If the pullback is too large, it will be possible to build up the US dollar.

Today, the resistance of the US dollar index to short-term rise is 84.50 - 84.55, and the short-term resistance is 84.70 - 84.75.

Today's support for the callbacks is between 84 and 84.05, with significant support from 83.80 to 83.85.

The euro / dollar showed a trend of bottom up yesterday, but the short form has not yet been reversed.

The moving average system continues to be in short order, forming pressure on the exchange rate.

The trend of Europe and the United States now belongs to rebound, but the extent of the rebound may be limited to 1.2960 is the first hurdle to rebound. The key resistance of the rally is 1.3000. Whether it can break through effectively is related to whether Europe and the United States can continue to rebound.

Today, the short line is mainly short selling, and the stop loss is broken. If there are more than 30 profit points, we will set a good stop to win. Before the opening of the United States, all the outstanding pactions will be withdrawn.

This strategy is suitable for margin and can be taken as a reference.

The US dollar index can be sold at the upper limit of the 84.50----83.80 interval, effectively breaking 20 point stops, and the target is at the lower limit of the interval.

Euro / US dollar: it can buy at the lower limit of the 1.3000---1.2870 interval, effectively break 30 points and stop the loss, and the target is in the upper limit of the interval.

GBP / USD: it can be sold at the upper limit of the 1.6180----1.6040 interval, effectively breaking 40 point stops, and the target is at the lower limit of the interval.

USD / CHF: it can be sold at the upper limit of the 0.9375----0.9285 interval, effectively breaking 30 point stops, and the target is at the lower limit of the interval.

USD / JPY: it can be bought at the lower limit of the 106.60----105.70 interval, effectively breaking 30 point stops, and the target is at the upper limit of the interval.

Australian dollar / US dollar: it can be sold at the upper limit of the 0.9260----0.9160 interval, effectively breaking 40 point stops, and the target is at the lower limit of the interval.

USD / Canadian Dollar: you can buy at the lower limit of the 1.1035---1.0935 interval, effectively break 30 points, stop the loss, and aim at the upper limit of the interval.

Gold: it can be sold at the upper limit of 1263 - 1245, effectively breaking the position of $7, and the target is in the lower limit of the interval.

Silver: it can be sold at the upper limit of 19.20 - 18.80, effectively breaking the position of 0.20 US dollars, and the target is in the lower limit of the interval.