0214 GMT - The USD Index may extend the downtrend, based on charts, Matt Simpson, market analyst at Forex.com and City Index, says in a commentary. "Ultimately, I suspect we could be looking at a move to 105 for the U.S. dollar index, though it is clearly trying to hold 106 for now," Simpson says. The daily relative strength index is trending down and not oversold, he says. "For now, the bias remains bearish and to fade into moves up to 107 and a move lower to 105, before a larger bounce materializes." The USD Index is little changed at 106.30. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 25, 2025 21:14 ET (02:14 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。