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Wu Peng: The Monthly Collection Of The Lines Has Long Been A Blessing

2014/5/31 11:32:00 22

Wu PengMonthly Take-UpEconomic Situation

< p > since this month, the main tone of the a href= "//www.sjfzxm.com/news/index_cj.asp" > foreign exchange market < /a > is the easing measures taken by the European Central Bank, such as interest rate cuts. The market is expected to be strong, and the euro has fallen sharply.

In May 27th, Delaki, President of the European Central Bank, said at the central bank forum that we clearly recognized the risk of low inflation for a long time, though we did not see the risk of deflation.

The central bank has the tools needed to achieve inflation and will do whatever it takes to do so for the European economy.

< /p >


< p > strong > Euro dollar > /strong > /p >


< p > European and American exchange rates have been down for 4 consecutive weeks since the beginning of the month. With the lower a href= "//www.sjfzxm.com/news/index_cj.asp" > the monthly interest rate < /a > the time of resolution is approaching, a href= "//www.sjfzxm.com/news/index_cj.asp" > the exchange rate < /a > the downward trend has gradually weakened.

The exchange rate is now trading at 1.3610 front-line, while the downward trend in the medium term trend is better.

< /p >


< p > short line 4H level trading also shows a downward trend of concussion. However, there is a big rebound in the exchange rate arrangement on the K-line pattern. The KD index on the map is more supportive of the fact that the lower level is crossed upstream. It is expected that the exchange rate will rebound slightly on the short term, and the upper pressure target will be seen at 1.3625-1.3645.

< /p >


< p > operation suggested that Europe and the United States 1.3645 short, stop 30 points, see 1.3600-1.3570 < /p >


< p > strong > pound sterling US dollar < /strong > /p >


< p > pound us yesterday fluctuated more smoothly, trading within a narrow range of operation in the 1.6740--1.6690 region. From this cross star k line, we can see that the decline has been postponed. However, we mentioned that the medium-term trend of the pound and the US (Zhou Kxian) has deviated from the underlying MACD, so the downward adjustment of the trend has been made.

< /p >


< p > short term 4H price temporarily stabilizes after 1.6700. Today's Asian disk early exchange rate rebounded slightly, now quote 1.6740, the pressure above day sees 1.6760-80. < /p >


< p > operation suggests that the pound 1.6780/60 area shall be short, with a stop loss of 30 points, and target 1.6720-00 < /p >


< p > < strong > gold dollar < /strong > /p >


< p > this week, the price of gold has successfully broken down the triangular range of shocks, and the technology has become an obvious bearish signal.

Today, Friday, after a long decline, the market was oversold and the risk of short-term upward adjustment was obvious.

On the whole, the situation of gold market has become extremely unfavorable after the technical break.

< /p >


< p > daily chart shows that yesterday's gold price closed below the shadow line slightly longer Yin K line, fell for three consecutive days.

However, the full day amplitude narrowed, indicating that the decline in power has slowed down, the average level of the 5 day, the 10 day moving average rapid downlink, short term average system formed a short order, the market pressure is obvious.

Gold prices rebounded slightly in the short term.

Or for the future market entry conditions, the pressure within the day 1264-62 area, and the lower front will be near the low point of 1240.

< /p >

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