MT4The United States announced on Friday (4th) that the number of non-agricultural employment increased by 136,000 in September, which was lower than the market expectation of 145,000, but the unemployment rate fell to 3.5%, better than the market expectation of 3.7%. The lowest unemployment rate in the past 50 years, but the number of manufacturing employment has fallen for the first time in six months, and there is a strange divergence. Last Friday (4th) Federal Reserve (Fed) Chairman Powell gave a speech at a meeting in Washington that the current US economic situation is not bad, although not everyone can fully share the opportunities brought about by economic growth, and the economy also faces Some risks, but overall, I think it is a steady growth, and our pledge is to keep the economy as good as possible, and the longer the better.Esther George, president of the Federal Reserve Bank of Kansas, said yesterday (6th) that she had opposed the interest rate cut policy in the first two times because the US economy said it was quite good, but she stressed that if the economy grows or the data slows down sharply The phenomenon, she will change her attitude to flexibly adjust her position, and in turn support further interest rate cuts, so the above comments can get a conclusion that the Federal Reserve (Fed) does not rule out the possibility of future interest rate cuts.
Forex(外汇) - Technical Analysis (Gold XAUUSD): Today's foreign(外汇) exchange analysis gold (October 7) early in the morning at 1512.8 US dollars / ounce, from the technical analysis, 1 hour level observation was affected by the last Friday (4th) large non-agricultural data, gold fell sharply after the high, The main reason is that the unexpected unemployment rate of 3.5% in the United States is better than market expectations, which makes the risk aversion significantly cool down, so there is a chance to start a correction band. At present, the pressure range above the short-term line is located at 1512~1513 US dollars / ounce, the downward direction, the initial support range is 1496~1497 US dollars / ounce, the operating mentality is short-short, and investors who want to enter the short-term market can consider the 1506 US dollars ounce. For the $1,508/oz range of light warehouse purchases, the MT4 operating stop loss point can be set above $1510.5 per ounce.
Forex(外汇) - Technical Analysis (EUR/USD EURUSD): Today's foreign(外汇) exchange analysis of the euro / US dollar (October 7) early in the vicinity of 1.09770, from the technical analysis, the 1-hour level observation was consistent with last Friday (4th) forecast rise and failed, the dollar fell to stabilize, making The euro's gains are over, so there is a chance to start correcting the market. At present, the pressure range above the short-term line is located at 1.99900~1.09950, in the downward direction, the initial support range is from 1.09600 to 1.09630, and the operational mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 1.09750 to 1.09780 range. The MT4 operation stop loss point can be set above 1.09850.
Forex(外汇) - Technical Analysis (GBP/USD GBPUSD): Today's foreign(外汇) exchange analysis GBP/USD (October 7th) Early in the vicinity of 1.23197, from the technical analysis, the 1-hour line level observation trend continues to range fluctuations, the yellow circle in the back map is an important support key, so there is a chance to touch the short-term The uptrend line rebounded. At present, the pressure range above the short-term line is located at 1.23800~1.23830, the downward direction, the initial support range is 1.22900~1.22930, and the operation mentality is mainly short. Investors who want to enter the market to be shorter and shorter may consider buying in the 1.23200 to 1.23230 range. The MT4 operation stop loss point can be considered to be set below 1.23099.
Forex(外汇) - Technical Analysis (NZD/USD NZDUSD): Today's foreign(外汇) exchange analysis NZD/USD (October 7th) Early in the vicinity of 0.63156, from the technical analysis, the 1-hour line level observation gradually began to form a small head, the right shoulder was completed, so there is a chance to start the pullback correction. At present, the pressure range above the short-term line is located at 0.63370~0.63400, the downward direction, the initial support interval is 0.62900~0.62930, and the operation mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the range of 0.63050 to 0.63090. The MT4 operation stop loss point can be considered to be set above 0.63150.
Forex(外汇) - Technical Analysis (Nasdaq Index Nas100): Today's foreign(外汇) exchange analysis Nasdaq (October 7) Early in the morning near 7698.7, from the technical analysis, the 1-hour line level observation trend is consistent with last Friday (4th) forecast continues to rise, from the technical side can clearly see the formation of symmetrical form Therefore, there is a chance to go back to the mid-rail support and then rise again. At present, the pressure range above the short-term line is located at 7770~7780 points, the downward direction, the initial support interval is 7670~7680 points, and the operation mentality is mainly short. The investors who want to enter the market to do more shorts can consider buying in the 7705 to 7720 range. In, MT4 operation stop loss point can be considered to set below 7690.
Today's foreign(外汇) exchange key data: data name / importance / previous value / expected 1. UK September Halifax seasonally adjusted house price index monthly rate / three stars / 0.3% / 0.1% 2. Eurozone October Sentix Investor Confidence Index / Three Stars / -11.1/-13
For more information on Forex(外汇) and MT4, please click here to watch.
