Kunzheng Investment:7month20Trump criticizes the Federal Reserve for high interest rates and the rebound of gold and silver at low levels

Market Review:

　　7month19On the day, silver experienced a high-level pullback in the Asian market, while the European market continued its downward trend, with a significant drop approaching90Touch Point15.17The US dollar rebounded after stabilizing in the US market60Point, weakened again in the closing session, with a long bearish candlestick in the daily chart, indicating a decline1.6%Silver hits a new one-year low.

　　7month19Day,crude oilThe Asian and European stock markets fluctuated and fell130Point, the US stock market rebounds and rises sharply180Point, break through the high point of the past two days and explore upwards68.75The US dollar will experience a pullback in the final trading session120Click and then rebound90Point, close near the opening price, daily line receives a bullish cross star, increase0.1%Crude oil first fell and then rose, experiencing severe fluctuations within the day.



Strategy Review:

　　7month19On the day, the first pressure level of the silver rebound strategy15.55Near the US dollar, short silver according to the strategy, take profit strategy at the second support level15.2The US dollar can generate profits50Multiple points, radical rebound from the second support level, can make profits again50More than that.

　　7month19Daily, crude oil from the first pressure level of strategy68The US dollar is falling below, following the strategy of short selling crude oil and taking profits at the second support level67The US dollar can generate profits70More than that.



Silver Fundamental Analysis:

　　美国总统特朗普打破传统公开批评美联储逐步加息的行动，称此举会抵消经济政策的积极影响，美联储积极捍卫自身的权利，使其能在短期政治压力下做出货币政策决定，这也是其结构的关键性特征，但长期以来，经济学家预计特朗普将会对美联储进行正面抨击，尤其会表示他对低利率的偏好。美联储服从国会监督，但并不受管辖，美联储的独立性让货币政策不太可能受到影响。



Technical analysis of silver:

　　白银上个交易日日线收取中阴线，亚盘起跌，欧盘加速下跌，下探至15.2The US dollar stabilized near the market, but then rebounded significantly due to data. At the end of the trading session, it failed to stand above support and continued to weaken in the short term15.2The US dollar is a key support for the day, not only due to its effective rebound from yesterday's pullback, but also due to the expected target after maintaining a volatile break for several months in the early stage15.2Pay attention to the area near the US dollar and the intraday pressure15.4The US dollar, after converting from a low point to pressure, effectively suppressed silver bulls yesterday, and the pressure levels above are dense, with high altitude operations being the main focus. It is recommended to15.4Short selling of the US dollar, target15.2USD; Low level callback to15.2The US dollar can be aggressive, with small stop losses and more to see15.4USD.



Fundamental analysis of crude oil:

　　据路透，沙特驻欧佩克代表称有关原油市场供给过剩的讨论是没有根据的，沙特7Monthly exports and6The month remains flat,8Monthly crude oil exports are expected to decline by approximately1010000 barrels/Although Saudi Arabia is6At the monthly crude oil conference, Saudi Arabia obtained the right to increase production and promised Trump to increase production to control high oil prices, but Saudi Arabia will not excessively push up production that does not meet demand. The information revealed by the Saudi representative indicates that OPEC will not deliberately suppress oil prices, and maintaining them at the current high level is more beneficial for oil producing countries.



Technical analysis of crude oil:

　　原油上个交易日日线收取阳十字星，亚欧盘急跌，美盘反弹突破日内起跌点，上方承压于前期明显低点68.7The US dollar fell back at the end of the trading session, supported by the downward support line, and closed near the opening price. In the short term, crude oil is in a bullish and strong trend. Yesterday's rebound broke through the recent downward trend line, and there is a possibility of a reversal in crude oil prices. Please pay attention to the support level67.6Low before the US dollar and67Yuan's downward support extends to a certain point, with a focus on pressure68.7The first line of the US dollar, which is both the effective pressure level in the early stage and the pressure to switch between the top and bottom, has not been broken through68.7The long position of the US dollar is still in the suppressed range, and the operation mainly focuses on short selling at key positions. It is recommended to68.7Short selling in US dollars, stop loss69USD, target67.6、67US dollars; Below67.6、67USD layout rebounds with multiple orders, target68.4、68.7USD; If we break through upwards68.7The US dollar can follow up on multiple orders.

　　注：以上分析不做具体进场点位，仅供参考。投资有风险，入市需谨慎。对行情有疑问或者操作不理想的朋友可与笔者坤正投资沟通。