Yesterday (29th), due to US government officials that Sino-US trade may not be able to sign trade agreements during the Asia-Pacific Economic Cooperation (APEC) summit, and a series of corporate earnings reports, the three major US stock indexes ended in full, despite the stock market. Pull back, but there is no serious selling pressure, so there is no impact on too much volatility, and the market is currently focusing on the Fed interest rate decision meeting and the chairman of the Federal Reserve (Fed) at 2 am tomorrow (31st) on.The trend of gold has intensified in recent days. At the beginning of the year, the market generally believed that the Federal Reserve will raise interest rates twice this year, but in fact it does not raise interest rates twice, and it may cut interest rates by 3 degrees. Conducive to gold bullish gains, as this will reduce the cost of gold holdings, gold in the first half of the year has soared from $1,280 to $1,500. At present, the trade friction between China and the United States is the biggest factor affecting this year. Whether it is the exchange rate or gold, there is a very immediate response. Now, according to the agreement, the two sides have announced that they have completed the first phase of the trade agreement, but follow-up Development is still an uncertain factor, so there is a multi-profit factor for gold, and there is still a chance to re-emerge at the end of the year.
Forex(外汇) Technical Analysis (Gold XAUUSD): Today's foreign(外汇) exchange gold (October 30) early in the vicinity of 1487.9 US dollars / ounce, from the technical analysis, 1 hour level observation trend high failure failed to pull back, but did not confirm the break below the uptrend line, currently in the blue small triangle Waiting for a clear direction within the convergence, so there is a chance to be affected by the interest rate cuts again.At present, the pressure range above the short-term line is located at 1495~1496 USD/oz. In the downward direction, the initial support range is 1484~1485 USD/oz. The operation mentality is mainly short. The investors who want to enter the market for a short time can consider the 1487 USD ounce. To the 1489.5 US dollars / ounce range of light warehouse buy, stop loss can be considered to set below 1484.5 US dollars / ounce.
Forex(外汇) technical analysis (EUR/USD EURUSD): Today's foreign(外汇) exchange EUR/USD (October 30) Early in the morning at 1.10986, cut from the technical analysis, the 1-hour level observation trend is in line with yesterday's (29th) forecast fell to the support range, after the bottoming, began to make a rebound, currently according to The Bollinger Bands have been pulled back to the middle track for correction, so there is a chance to re-raise after the correction is completed.At present, the pressure range above the short-term line is located at 1.11300~1.11400, the downward direction, the initial support range is 1.10900~1.11000, and the operation mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.11030 to 1.11060 range. The stop loss point can be considered to be set below 1.10090.
Forex(外汇) technical analysis (GBP/USD GBPUSD): Today's foreign(外汇) exchange sterling / US dollar (October 30) Early in the vicinity of 1.28620, from the technical analysis, the 1 hour line level observation trend began to appear chip lock interval, rebounded and pulled back correction, so there is a chance to rise again out of the symmetrical form.At present, the pressure range above the short-term line is located at 1.29100~1.29200, the downward direction, the initial support range is 1.28200~1.28300, and the operating mentality is mainly short. Investors who want to enter the market for a short time can consider buying in the 1.28550 to 1.28650 range. The stop loss point can be considered to be set below 1.28399.
Forex(外汇) Technical Analysis (NZD/USD NZDUSD): Today's foreign(外汇) exchange NZD/USD (October 30) Early in the vicinity of 0.63548, cut from the technical analysis, the 1 hour line level observation trend above the chip shape and the bottom chip form, gradually forming a symmetrical trend, so there is a chance to continue to rebound to the upper neck Line interval.At present, the pressure range above the short-term line is located at 0.63800~0.63860, in the downward direction, the initial support interval is 0.63300~0.63350, and the operating mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 0.63500 to 0.63560 range. The stop loss position can be considered to be set below 0.63395.
Forex(外汇) Technical Analysis (Nasdaq Nas100): Today's foreign(外汇) exchange Nasdaq (October 30) Early in the vicinity of 8049.8, from the technical analysis, the 1-hour line level observation trend is in line with yesterday's (29th) forecast pullback correction, the main reason is dragged down by corporate earnings, and the pattern will rise more Pull back the correction, so there is a chance to fall back and then fall again after a small rebound.At present, the pressure range above the short-term line is located at 8080~8090 points, the downward direction, the initial support interval is 7999~8010 points, and the operation mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 8055 to 8065 range. In, the stop loss point can be considered to set above the 8082.
For more information on Forex(外汇), please click here to watch.
