Gold And Silver Rising Pressure On US Retail Data

The situation in Ukraine, which continues to affect market sentiment this year, is still the most important external news event that investors are concerned about by P.

In the past Sunday (May 11th), a referendum was held in Donetsk state and lugsk state in eastern Ukraine. The results showed that up to 90% of voters voted for Ukraine to leave the country and prepare for the future integration into Russia.

The European Union condemned the referendum on independence in eastern Ukraine.

EU 28 foreign ministers gathered in Brussels on the same day. After further negotiations on sanctions against Russia, they decided to expand sanctions against Russia and to include Crimea in the sanctions area.

Meanwhile, White House spokesman Carney also introduced on Monday that the United States would not agree with the "illegal" referendum held in eastern Ukraine on autonomy, and regarded it as a blatant attempt to further split and riot the country.

Therefore, after the a href= "//www.sjfzxm.com/news/index_c.asp" > Ukraine < /a > Eastern referendum, although a href= "//www.sjfzxm.com/news/index_c.asp" > gold price < /a > slightly stronger, but failed to effectively break through the 1300 mark, showing that market panic is still under control.

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< p > focus on the US retail sales, the < a href= "//www.sjfzxm.com/news/index_c.asp" > inflation data < /a >, the regional Federal Reserve manufacturing survey and the housing market data are likely to become the key strength of the US dollar. Especially in the recent strong rebound of the US dollar, whether these data can provide further support for the US dollar is worth paying attention to. Besides the US economic data, the data that may have a substantial impact on Sterling include the British unemployment report and the Bank of England quarterly inflation report, both of which will be released on Wednesday.

The European Union's Statistics Bureau also announced the euro zone's first quarter economic (GDP) quarterly rate on Thursday.

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< p > < strong > technical surface < /strong > /p >

< p > Gold / dollar: resistance: 130513101315 support: 129212851275 < /p >

< p > four hours cycle price is near MA200, MACD is below 0 axis, it is short call back market.

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< p > today's suggestion: 1. callback to 1292 near light warehouse do more, stop loss near 1285, stop profit 1310 near.

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< p > 2., if the price is effective to break through the support of 1292, the market may turn to the short end, and the light storage can be considered short after the price moves back to 1292.

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< p > euro / dollar: resistance: 1.3775 1.3790 1.3815 support: 1.3745 1.3730 1.3710 < /p >

< p > four hours cycle price is below MA200, MACD is below 0 axis, it is a short market.

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< p > recommended today: 1. callback to 1.3785 near light warehouse short, stop loss near 1.3815, stop profit 1.3710 near.

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< p > 2., if the price is effective to break through the pressure of 1.3785, the market will probably reverse the bull market. In the vicinity of the price back to 1.3785, more light storage can be considered.

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< p > Australian dollar / dollar: resistance: 0.9370 0.9390 0.9410 support: 0.9345 0.9325 0.9300 < /p >

< p > four hours cycle price is above MA200, MACD on the 0 axis, is a bull market.

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< p > today's suggestion: 1. callback to 0.9330 near light warehouse do more, stop loss near 0.9300, stop profit 0.9410 near.

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< p > 2., if the price is effective to break through the support of 0.9330, the market may reverse the short end, and the short selling of light warehouse can be considered near the price of 0.9330.

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< p > pound / dollar: resistance: 1.6885 1.6905 1.6925 support: 1.6850 1.6830 1.6810 < /p >

< p > four hours cycle price is above MA200, MACD is below 0 axis, it is a long callback market.

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< p > recommended today: 1. callback to 1.6895 near light warehouse short, stop loss near 1.6920, stop profit 1.6810 near.

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< p > 2., if the price is effective to break through the pressure of 1.6895, the market will turn to a bull market, and the price of light storage can be considered near the price of 1.6895.

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< p > US dollar / yen: resistance: 102.25 102.40 102..60 support: 102 101.85 101.65 < /p >

< p > four hours cycle price near MA200, MACD on the 0 axis, is a short callback market.

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< p > today's suggestion: 1. callback to 102 near light warehouse do more, stop loss near 101.80, stop profit 102.60 near.

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< p > 2., if the price is effective to break through the support of 102, the market may reverse the short end, and the short selling of light warehouse can be considered near the price of 102.

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< p > all the forms are the first strategy to reach the price level. We must enter again when the pressure or the support point is effective, and make sure that the profit is more than 20 points.

When the important data is available, the currency difference may be enlarged momentarily. It is not recommended to make the order within 5 minutes before and after the data is released.

The above view is purely personal opinion, for reference only.

The foreign exchange market is risky and needs to be cautious when entering the market.

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