U.S. Dollar Index Technical Outlook
U.S. Dollar Index ne Monday ko Asian trade mein kamiyabi se neeche aaya, jab ke market yehi jaari rakh rahi thi ke June mein ek easing cycle shuru hogi, halaanke February non-farm payrolls report ne dikhaya ke U.S. mein berozgari mein izafa hua aur mazid kamayi mein thori rukawat aayi. U.S. dollar ko aglay session mein mazeed nuksan ka samna karna parega jabke investors mein maeeshat mein slowdown ka khauf hai. Federal Reserve Chairman Jerome Powell ne apne saalana gawahi mein Capitol Hill par kaha tha ke U.S. ki maeeshat tandrust hai aur policymakers ko inflation ki neeche ki taraf jaane mein itna itminan hai ke woh interest rates kam karne ka aghaaz kar sakte hain. Futures markets ne lagbhag 70% ke qareeb qeemat lagayi hai ke Fed June mein interest rates kam karne ka aghaaz karega, aur saal ke end tak ek pur cent ke qareeb kamai ki umeed hai, CME FedWatch Tools ke mutabiq. Jumma ko U.S. Labor Department ke diye gaye data ke mutabiq, February mein U.S. ki maeeshat ne 275,000 jobs shamil kiye, jo ke 200,000 ki tawakkul se zyada hain. Berozgari dar February mein January se 3.7% se 3.9% tak bhar gayi, jo do saal ki unchayi hai. Yeh mixed report yeh maloomat di hai ke Federal Reserve June mein interest rates kam karne ka faisla kar sakta hai.
Technical tor par, U.S. Dollar Index ki tawajju aam taur par bearish hai, haan ke Relative Strength Index (RSI) oversold shiraa'it ki taraf ja raha hai. Aam taur par, 30 ke kareeb ka RSI level price reversal ki mumkinat ko darust karta hai. Mohtaram waqt mein, Moving Average Convergence Divergence (MACD) bearish lehar dikhata hai jabke woh ek chadhti hui laal line hai. Is bearish manzur mein mazeed izafay ke liye, DXY apne 20, 100 aur 200-day simple moving averages (SMA) ke neeche trade kar raha hai, jo ke overall down trend mein sellers ki kontrol ko mazbooti deta hai. Yeh SMAs key technical indicators hain, aur inki maujoodgi mojooda keemat ke neeche aksar sellers ki taqat ko mazeed barhata hai. Haal hi mein hone wali bearish price action ne technical indicators ke saath milke ek negative short-term outlook tayar kiya hai. Lekin, taqreeban oversold RSI position buyers ko bearish holdings ka muqabla karne mein kuch potential de sakti hai, lekin woh mojooda negative momentum ke saath jhujhenge.
U.S. Dollar Index ne Monday ko Asian trade mein kamiyabi se neeche aaya, jab ke market yehi jaari rakh rahi thi ke June mein ek easing cycle shuru hogi, halaanke February non-farm payrolls report ne dikhaya ke U.S. mein berozgari mein izafa hua aur mazid kamayi mein thori rukawat aayi. U.S. dollar ko aglay session mein mazeed nuksan ka samna karna parega jabke investors mein maeeshat mein slowdown ka khauf hai. Federal Reserve Chairman Jerome Powell ne apne saalana gawahi mein Capitol Hill par kaha tha ke U.S. ki maeeshat tandrust hai aur policymakers ko inflation ki neeche ki taraf jaane mein itna itminan hai ke woh interest rates kam karne ka aghaaz kar sakte hain. Futures markets ne lagbhag 70% ke qareeb qeemat lagayi hai ke Fed June mein interest rates kam karne ka aghaaz karega, aur saal ke end tak ek pur cent ke qareeb kamai ki umeed hai, CME FedWatch Tools ke mutabiq. Jumma ko U.S. Labor Department ke diye gaye data ke mutabiq, February mein U.S. ki maeeshat ne 275,000 jobs shamil kiye, jo ke 200,000 ki tawakkul se zyada hain. Berozgari dar February mein January se 3.7% se 3.9% tak bhar gayi, jo do saal ki unchayi hai. Yeh mixed report yeh maloomat di hai ke Federal Reserve June mein interest rates kam karne ka faisla kar sakta hai.
Technical tor par, U.S. Dollar Index ki tawajju aam taur par bearish hai, haan ke Relative Strength Index (RSI) oversold shiraa'it ki taraf ja raha hai. Aam taur par, 30 ke kareeb ka RSI level price reversal ki mumkinat ko darust karta hai. Mohtaram waqt mein, Moving Average Convergence Divergence (MACD) bearish lehar dikhata hai jabke woh ek chadhti hui laal line hai. Is bearish manzur mein mazeed izafay ke liye, DXY apne 20, 100 aur 200-day simple moving averages (SMA) ke neeche trade kar raha hai, jo ke overall down trend mein sellers ki kontrol ko mazbooti deta hai. Yeh SMAs key technical indicators hain, aur inki maujoodgi mojooda keemat ke neeche aksar sellers ki taqat ko mazeed barhata hai. Haal hi mein hone wali bearish price action ne technical indicators ke saath milke ek negative short-term outlook tayar kiya hai. Lekin, taqreeban oversold RSI position buyers ko bearish holdings ka muqabla karne mein kuch potential de sakti hai, lekin woh mojooda negative momentum ke saath jhujhenge.