Yesterday (7th), the US government confirmed that this week (10th) will start the 13th round of trade negotiations with Chinese high-ranking officials, but Chinese government officials have hinted before the consultation, which will greatly narrow the scope of the issues that are willing to negotiate, and exclude The commitment to reform industrial policies or government subsidies shows that China’s trade negotiation stance is quite tough, prompting market investors to take a more cautious view of the prospects of Sino-US trade negotiations.At present, the situation that the US dollar and gold are in a synchronized trend is a relatively rare phenomenon.
It shows that in the global trade friction and the negative interest rate of both the EU and Japan, the US dollar and gold are strengthening at the same time. I am afraid that it will be the future. new trend. In addition, major central banks continue to increase their stock of gold entities, especially the People's Bank of China (PBOC), first reducing the stock of foreign exchange dollars, and in the past 10 months has increased the holdings of nearly 100 metric tons of gold, providing The long-term strength of the gold trend, and the reason why the People’s Bank of China bought a large amount of gold is mainly due to the slowdown of the internal real economy growth and the impact of long-term Sino-US trade friction, which makes the central bank's allocation policy for safe-haven demand.
Forex(外汇) - Technical Analysis (Gold XAUUSD): Today's foreign(外汇) exchange gold (October 8th) early in the morning at 1493.1 US dollars / ounce, from the technical analysis, the 1 hour level observation trend is in line with yesterday's (7th) forecast sharp pullback correction, the current K rod falls on the lower edge of the lower channel Therefore, there is a chance to bottom out and rebound slightly.At present, the pressure range above the short-term line is located at 1502~1503 US dollars / ounce, the downward direction, the initial support range is 1487 ~ 1488 US dollars / ounce, the operating mentality is mostly short, investors who want to enter the market to do more short can be considered at 1490.5 US dollars ounce For short-selling to the $1,492/oz range, the MT4 stop loss can be set below $1,488 per ounce.
Forex(外汇) - Technical Analysis (EUR/USD EURUSD): Today's foreign(外汇) exchange EUR/USD (October 8th) Early in the morning near 1.09701, from the technical analysis, the 1-hour level observation was in line with yesterday's (7th) forecast pullback correction, the main reason was rebounded after the dollar fell and stabilized. If the range volatility falls below the green support zone, it will enter a new downtrend phase, so there is a chance to rebound after a small rebound.At present, the pressure range above the short-term line is located at 1.99900~1.09950, the downward direction, the initial support range is 1.09450~1.09500, and the operational mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 1.09780 to 1.09820 range. MT4 sets the stop loss point to consider setting above 1.09870.
Forex(外汇) - Technical Analysis (GBP/USD GBPUSD): Today's foreign(外汇) exchange sterling / US dollar (October 8) Early in the vicinity of 1.22878, cut from the technical analysis, 1 hour line level observation trend market continued to lock the bottom of the chip, K stick fell in the range of small fluctuations, so there is a chance to rebound at the bottom.At present, the pressure range above the short-term line is located at 1.23600~1.23650, the downward direction, the initial support range is 1.22700~1.22750, and the operational mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.22920 to 1.22970 range. The MT4 setting stop loss point can be considered to be set below 1.22830.
Forex(外汇) - Technical Analysis (NZD/USD NZDUSD): Today's foreign(外汇) exchange NZD/USD (October 8th) Early in the vicinity of 0.62894, from the technical analysis, the 1-hour line level observation was in line with yesterday's (7th) judgment. The head shape of the right shoulder has fallen sharply and is currently falling. After the rebound, there is a chance to pull back again.At present, the pressure range above the short-term line is located at 0.63370~0.63400, in the downward direction, the initial support range is 0.62850~0.62880, and the operational mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 0.63150 to 0.63180 range. MT4 sets the stop loss point to consider setting above 0.63250.
Forex(外汇) - Technical Analysis (Nasdaq Index Nas100): Today's foreign(外汇) exchange Nasdaq (October 8th) early in the morning near 7722.2, cut from the technical analysis, the 1-hour line level observation trend is in line with yesterday's (7th) forecast to pull back to the middle rail and then rise again, from the symmetrical pattern already mentioned in the form Successful completion at the same time came to the pressure range, so there is a chance to make a correction after the peak.At present, the pressure range above the short-term line is located at 7790~7800 points, the downward direction, the initial support range is 7690~7700 points, and the operation mentality is short-term. The investors who want to enter the short-term market can consider buying in the 7770 to 7780 range. In, MT4 set the stop loss point can be considered to set above the 7795.
Today's foreign(外汇) exchange key data: (data name / importance / previous value / expected) 1. Japan August trade account (100 million yen) / three stars / -745/364 2. China's September financial services PMI / three stars / 52.1 / 52 3. Switzerland's September seasonally adjusted unemployment rate / three stars / 2.3% / 2.3% 4. Germany's August quarter adjusted industrial output monthly rate / three stars / -0.6% / -0.1% 5. France August trade account (100 million euros) / three stars / -46.07/-44.8 6. US September NFIB Small Business Confidence Index / Three Stars/103.1/102 7. US September PPI monthly rate / three stars / 0.1% / 0.1%
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