Industrial Investment: The US dollar plummets by a thousand miles Non American soaring collective innovation high

Industrial Investment: The US dollar plummets by a thousand miles Non American soaring collective innovation high
2019year6month21day
euro/dollar
On Thursday, the dovish decision of the Federal Reserve continued to ferment in the market. The market interpreted it as a high probability event that the Fed would quickly initiate a rate cut cycle against the backdrop of a global easing race, which would trigger a feedback loop globally. The US dollar index continued to experience strong selling overnight, falling below97Gateway. Euro/The US dollar accelerates its upward trend and exceeds80Point, reaching a ten day high at its highest1.1315On that day, there was slight pressure1.13Below the checkpoint, there has been a significant rebound for the second consecutive day, correcting the previous decline. Whether the euro can further expand its gains depends on the performance of economic data in the eurozone, and attention should be paid to the manufacturing industries of various countries in the eurozonePMIInitial value, as well as the United States6monthMarkitmanufacturingPMIInitial values and other data.
The overall daily chart maintains a long-term downward trend, with two consecutive days of rebound, but above100The daily moving average is expected to limit the upward space of the exchange rate.4The hourly chart remains unbroken1.13There is a risk of a decline in the supply chain.1The hourly chart shows a rise and a fall, with the possibility of a dropMA20Below. Not broken within the day1.13Short positions can be made below this level.
Support position:1.1260/1.1170/1.1140
Resistance level:1.1300/1.1330/1.1415
pound/dollar
The sharp decline of the US dollar stimulates the pound to further rise sharply within the low-level consolidation range, reaching its highest point1.2726Refresh the high level for over a week. At the beginning of the New York session, the Bank of England unanimously supported the interest rate decision to maintain it at0.75%Unchanged, but emphasizing the increased risk of economic downturn. call, name, say, weigh2019In the first half of the year, the economic growth in the UK seems to have slightly weakened. And emphasize that the risk of a no deal Brexit cannot be ignored. The decision of the Bank of England, which has a slightly dovish stance, has suppressed market optimism. The pound slightly gave up some of its gains during trading, but still held onto most of the gains and closed at1.2706Maintain interval organization. According to the Conservative Party leadership election process in the UK, Johnson and Hunter have entered the final stage of the prime minister race. Johnson has a significant lead in votes and is highly likely to succeed as Prime Minister. Investors need to pay attention to the latest developments in the election situation. Daily data can be slightly monitored in the UK5Monthly government revenue and expenditure shortfall and other data.
Technically, the daily chart has rebounded significantly overnight and is within the recent consolidation range, indicating that there is still room for upward movement within the range.4The random indicator on the hourly chart suggests that it is expected to rise in the short term.1The hourly chart currently shows strong performance and stabilizes at1.27Above the threshold or continuously rising. Available within the day1.2680Long positions in first tier light positions.
Support position:1.2640/1.2600/1.2575
Resistance level:1.2760/1.2800/1.2850
dollar/Japanese yen
On Thursday, the central bank announced its interest rate decision, maintaining the forward guidance for interest rates unchanged. At the same time7-2The voting results maintain the yield curve control unchanged. In addition, the Bank of Japan emphasizes that at least in2020Maintain extremely low interest rates before the spring of the year. When the resolution is announced, the US dollar/The fluctuation of the Japanese yen is not significant, only slightly weakening to107.55Affected by the Federal Reserve7The drag of the significant increase in expectations of monthly interest rate cuts, the US dollar/After further rapid decline, the Japanese yen experienced a sharp drop on the same day90Point, lowest touch107.20, enclosed in107.29The tense situation in the Middle East, ongoing trade frictions between China and the United States, and uncertain factors such as Brexit continue to envelop the market, and it is expected that the Japanese yen still has the potential to rise. dollar/The Japanese yen is expected to continue to decline. Today, pay attention to the performance of US data and global stock markets.
The daily chart shows a significant drop in overnight bearish candles, indicating significant downward pressure.4The overall downward trend of the hourly chart remains intact.1The large bearish candle on the hourly chart suggests that the action can be strong and may potentially fall below107Pass. Within the day, it fell below107Follow up with short selling at the checkpoint.
Support position:107.00/106.60/106.00
Resistance level:108.00/109.00/109.65
dollar/Cad
Thursday USD/The overall rapid decline of the Canadian dollar was mainly affected by the sharp drop in the US dollar and the surge in oil prices. In terms of international oil prices, the market is concerned about a military confrontation between Tehran and Washington after Iran shot down a US military drone. In addition, the market expects that the Federal Reserve may cut interest rates at its next meeting to stimulate economic growth in the world's largest oil consuming country, as well as the United Statescrude oilThe decrease in inventory also supports oil prices. International oil prices soar nearly6%. dollar/The Canadian dollar further plummeted by over120Point, lowest touch1.3149, hitting a low in three and a half months, closing at1.3182For the third consecutive day of sharp decline. Compared to the loose policies of the Federal Reserve, the Bank of Canada has a tendency to raise interest rates, and it is expected that the US dollar will/The Canadian dollar may continue to decline. Today's focus is on the trends of the US dollar and oil prices.
A large bearish candle on the daily chart continues to fall sharply overnight, indicating a significant downside risk.4The hourly chart random indicator has entered the oversold zone, but remains bearish.1The hourly chart shows an unusually strong downward momentum recently, with bearish positions in the moving average system well aligned downwards. Suggestions for the day can be made on1.3190Short the first tier light positions.
Support position:1.3110/1.3060/1.3000
Resistance level:1.3220/1.3300/1.3345