The US dollar is unparalleled! Gold and Silver are Not Beautiful "18 Road Smoke and Dust“
The view given by the US dollar index yesterday is that the US dollar index is resistant to decline at a high level, retraces to support, and continues to maintain a bullish upward trend; The US dollar index has retraced to support 107.5-108 and is currently at a sustained high;
In today's market: 1:4 hours, in terms of form, the US dollar index has continued to rise, indicating a buy long signal; 2: Random indicator golden cross, main buy multiple signals; The MACD indicator has a double line bond with a golden cross pointing upwards, and overall, it has been continuously bullish and upward for 4 hours; 2: During the day of K, the random indicator golden cross continues, and the main buy signal is bullish; In terms of form, yesterday's cross was a relay signal, indicating an ongoing upward trend;
Overall, the trend of the US dollar index is relatively simple and clear; All are persistent signals of buying more; Therefore, continue to be bullish; So correspondingly, gold, silver, non US and other currencies will be under pressure and move downwards;
USD/JPY: The views given by USDJPY yesterday and recently are all based on the principle of buying low and following the trend; USDJPY has also risen to around 158, indicating a strong bullish retracement;
In today's market: 1:4 hours, the random indicator golden cross has not yet dulled or adhered, with bullish control dominating the market; The current support position is within the support range of 156.8-157.5; 2: During the period of K, there was an outbreak that directly hit the vicinity of K's upper orbit; One is the release of upward momentum, and the other is a state of just being under pressure; The random indicator continues to be dominated by a golden cross, approaching the previous high trend of 160;Overall, in the short-term range of 157.5-156.8, we will continue to prioritize the principle of buying long and bullish in line with the trend
EUR: The viewpoint given yesterday was mainly card support; Above is short selling around 1.0440, below is buying long around 1.0330; Both long and short positions can generate significant profits by operating within this range;
In today's market: 1. During the daily K correction, the random indicator has a dead cross downward, leaning towards short selling signals, and the main short selling is controlling the market; Therefore, one can choose to rebound and continue with the short selling strategy; Near pressure position 1.0440; Support position near 1.0330; 2: Within 4 hours, the random indicator is in a passive state; In terms of form, it is currently a secondary dip and is still supported near 1.0330; But the forms are all weak;
Overall: Short selling around 1.0440 for the first one; Buy low and buy high around 1.0330 for the second one; Thirdly, if it falls below the support of the previous low near 1.0330, it will follow the trend of short selling and fall to around 1.02;
In terms of gold:
1: Yesterday's main focus was on high short selling strategy, and it is normal to go high because oversold needs to be corrected; Short selling is obvious, as selling is mainly under secondary pressure, so two-stage short selling is the main strategy;
2: After a day of long short battle, it can be seen that the gold price is still weak, and the strength and persistence of the rebound are not strong; Therefore, today we will continue to choose high short selling; At present, the pressure levels on the short-term market are around 2600 and 2620; Within the range of support position 2585-2575; Overall: Short selling of gold 2595-2600. Short selling near 2620; Buy more near 2580, buy more near 2560, and buy more near 2540 for the first time; Mainly focus on low-level sorting and processing!
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights