ATFXEarly review0416: Euro, gold, crude oil, short-termH4analysis

Trends and points:


Latest news:
Federal Reserve        Federal Reserve14The national economic survey report released on the day shows that although economic activity in the United States has moderately recovered, job growth is still limited by labor shortages. Compared to the levels before the outbreak of the epidemic, the number of jobs in the United States has still decreased840Ten thousand.
European Central Bank        The President of the French Central Bank and the European Central Bank Regulatory Commission have stated that the European Central Bank may end its emergency rescue plan for the epidemic in less than a year, while adjusting its monetary policy tools to continue supporting the economy after the crisis.
Bank of Japan        Bank of Japan Governor Haruhiko Kuroda: The mission of the Bank of Japan is to achieve price and financial stability, and its relationship with the mission needs to be considered when formulating policies related to climate change.
Bank of England        The Bank of England announced on Tuesday that its chief economist, Andy Haldane, will leave the bank later this year to become the CEO of the Royal Society of Arts, Manufacturing, and Business in the UK.
OPEC+        The Yemeni Husai armed forces claim to use17A drone launched an attack on a target within Saudi Arabia, using10A drone attacked Saudi Aramco's refineries in Jeddah and Jubail.


EURUSD

chart1，EURUSD 04month16day H4level
Technical indicators
MA5-MA10        RSI
-0.0001        37
Weak bearish position        short position
Hook theory viewpoint:
Latest hook shape:1.1877~1.1992~Market price
Hook theory
left        dip angle        right        dip angle
good        good        Continuous        ---
Directionality: Trend thinking
Overall judgment: Continuing to rise after a slight correction, the target position cannot be determined at the moment.


USDJPY

chart2，USDJPY 04month16day H4level
Technical indicators
MA5-MA10        RSI
-0.043        55
Weak bearish position        neutral
Hook theory viewpoint:
Latest hook shape:109.74~108.74~109.08, retract hook shape
Hook theory
left        dip angle        right        dip angle
good        good        good        ---
Directionality: Trend thinking
Overall judgment: After the shock ends, continue to descend, and the target position cannot be determined at the moment.


GBPUSD

chart3，GBPUSD  04month16day H4level
Technical indicators
MA5-MA10        RSI
-0.0015        34
Weak bearish position        short position
Hook theory viewpoint:
Latest Hook1.3668~1.3808~1.3760, retract hook shape
Hook theory
left        dip angle        right        dip angle
commonly        commonly        Too large        ---
Directionality: oscillatory thinking
Comprehensive judgment: oscillation range（1.3808~1.3760）。


XAUUSD

chart4，XAUUSD 04month16day H4level
Technical indicators
MA5-MA10        RSI
5.11        67
long position        long position
Hook theory viewpoint:
Latest hook shape:1732~1769~Market price
Hook theory
left        dip angle        right        dip angle
good        good        Continuous        ---
Directionality: Trend thinking
Comprehensive judgment: continue to rise, target level1769。


USOIL

chart5，USOIL 2021year5Monthly contract,04month16day  H4cycle
Technical indicators
MA5-MA10        RSI
0.677        79
long position        long position
Hook theory viewpoint:
Latest hook shape:63.41~62.51~63.54。 Breakthrough hook shape
Hook theory
left        dip angle        right        dip angle
Too large        ---        Slightly smaller        Poor
Directionality: oscillatory thinking
Comprehensive judgment: oscillation range（62.51~63.54） 。

EIAInventory (previous period)        EIAInventory (latest)
463210000 barrels        466610000 barrels
Inventory increase, bearishcrude oil

Disclaimer:
1The above analysis only represents the analyst's perspective. There are risks in the foreign exchange market and investment needs to be cautious.
2、ATFXWe will not be responsible for any profit or loss that may arise from the direct or indirect use or reliance on this information.