Zhang Jiawei: The US Index Is Hard To Support Obviously After The Monthly Line.

　　 US dollar index

Us index yesterday's high volatility trend, basically in the 80.30-80.50 region hovering, despite the upward trend of the US index upward trend of the mid term trend is still intact, short line 4H also affected by the average system support shocks upward, it is worth noting that the index came to the middle pressure line near 80.50 obvious pressure.

Within the day, short line support 80.25 will break down or go ahead for a wave of adjustment to 80.10. On the contrary, we still maintain the new trend of the survey.

On the strategy, the index will wait for a temporary wait or see, or try more than 80.10, target 80.30-50.

　　 Pound dollar

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 can be seen slowing down, but before we mentioned the medium-term trend of the United States and the pound (Zhou Kxian) and the lower MACD has formed a divergence, so the formation of a downward adjustment of the trend of continuous guidance.

Short line 4H Exchange rate Temporarily stabilized after 1.6700, today's Asian disk morning exchange rate rebounded slightly, now quote 1.6730, the pressure above the day sees 1.6760-80.

The strategic pound can be short in the 1.6780/60 area, with a stop loss of 30 points, target 1.6720-00

　　 International Gold

International gold prices were limited yesterday, basically in 1251-1260 regions throughout the day, while the cross star closed basically can see that the price of gold slowed down.

The downward trend of gold prices is obvious in the mid day line level. The gold price on the short 4H chart is temporarily stabilized, and the MACD index on the map is repaired by chance. The negative column is reduced obviously, while the MACD on 1H shows positive value.

On the whole, gold prices rebounded slightly or went ahead. There are 1260-1264 pressures above the day. See below support 1254-1251

On strategy, gold is 1263 short to stop $4, target 1254-51 or break position.

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Yesterday, the GDP data released by the United States were not satisfactory, which caused the market to expect the Federal Reserve to continue to maintain a loose monetary policy, and the dollar also fell slightly. However, due to the fact that the employment figures released at the same time are better than market expectations, the US dollar's decline is also very limited.

Overall, the US GDP's influence on the current market will not last for a long time. If Europe's interest rate cut expectations are still eased, the US dollar will continue to rise. However, as for the author's observation, the possibility of differentiation on the short line is relatively large. Under the current circumstances, it is difficult for the situation to benefit the US dollar.

From an operational point of view, a stronger currency should attract our attention. For investors who want to sell short dollars, more attention should be paid to the short term rising opportunities of the Australian dollar and the yen. The rest of the currency is likely to continue the pattern of low and weak shocks.

In addition, precious metals bottomed out yesterday, but the space should be limited, because the strong performance of European and American stock markets will weaken the rebound trend of gold and silver. Funds are also more willing to go to the stock market instead of precious metals. Of course, this will also have some unexpected effects on the foreign exchange market, but it will not be direct.