Industrial Investment: Both the US dollar and US stocks fell Reserve Bank of Australia's decision is coming

Industrial Investment: Both the US dollar and US stocks fell Reserve Bank of Australia's decision is coming
2019year5month7day
euro/dollar
The data released by the Eurozone on Monday is good. Eurozone5monthSentixInvestor confidence index recorded5.3, higher than expected1.2;3The monthly retail sales rate and annual rate are zero growth and1.9%, all higher than expected-0.1%and1.8%The data eased market concerns about the eurozone, and the euro rose sharply in the short term during trading20Point, approximation1.12frontline. On that day, the euro showed a fluctuating upward trend. However, its increase is limited by the tense trade situation between China and the United States. Overnight, it was reported that President Trump had issued a threat to further increase US tariffs on Chinese goods, which increased the buying of the US dollar index and reduced the intraday decline. The euro fell sharply during trading, but eventually recorded a moderate rebound for the second consecutive day, closing at1.12Pass, further adjust the decline upwards. Today, we will continue to pay attention to the trade restrictions between China and the United States, as well as the United States3monthJOLTsJob vacancies.
The short-term upward correction of the daily chart may not affect the downward trend, and it may still remain within the previous downward channel, or there may still be downward pressure.4Hour chart maintenance1.12Below the front line or remain weak.1The rebound momentum of the hourly chart is not significant and is affected by1.12The suppression at the checkpoint will not break through this level, and the upward space is limited. Available within the day1.1220Short selling near the front line.
Support position:1.1140/1.1100/1.1050
Resistance level:1.1215/1.1270/1.1300
pound/dollar
After a significant surge last week, the pound bulls lost blood on Monday. There are reports that the anti opposition Labour Party accuses British Prime Minister Theresa May.Mei leaked the details of the compromise plan being discussed, endangering the negotiations. Theresa May's officials are drafting a new law to prepare for a Brexit agreement between the government and the opposition Labour Party, in order to break the Brexit deadlock in the UK. At present, there is still some wait-and-see sentiment in the market. Combined with investors taking profits on the pound, the pound plummeted from a high in over a month and returned to its previous high1.31Below the checkpoint, collect it1.3096Correct last week's increase. Pay attention to the progress of Brexit negotiations within the day.
Technically, although the daily chart has fallen from a high in over a month, as long as it stabilizes at1.31Above the checkpoint, there is still room for price increase.4The hourly chart rises and falls back to1.31After falling below the checkpoint, the Asian market returned to above that level again today, with limited expected decline.1The hourly chart random indicator suggests that there may be short-term upward momentum. Maintain within the day1.31Short positions can be placed above the checkpoint.
Support position:1.3100/1.3070/1.3000
Resistance level:1.3200/1.3260/1.3300
dollar/Japanese yen
The sharp drop in global stock markets on Monday quickly intensified the market's risk aversion, influenced by the threat of tariffs from US President Trump. During the Asian trading session, ChinaAStocks collectively fell, with the Shanghai Composite Index plummeting5.58%The Shenzhen Component Index plummeted sharply7.66%More than a thousand stocks hit the limit down in both markets. As a result, the safe haven Japanese yen was favored, and on Monday morning in the Asian market, it jumped short and opened low, reaching its lowest point110.27Refresh the five week low. Overnight, the US stock market also fell, causing market panic to rise to a three-month high, which also supported the yen. However, after hitting the lowest point of the day, the Japanese yen quickly rebounded and fully recovered all earlier losses, ultimately recording a slight rebound and closing at110.79In the current situation of strong risk aversion, it is expected that the US dollar/The Japanese yen may still have room for decline. Pay attention to the performance of global stock markets within the day.
The daily chart further breaks below the high level and may still have room for decline.4The hourly chart jumps short and opens low, rapidly falling, with strong downward movement ability.1The rebound momentum of the hourly chart is not strong, and it is expected to continue the previous downward trend of oscillation. Suggestions for the day can be made on110.90Short selling in nearby light positions.
Support position:110.00/109.60/109.00
Resistance level:111.00/111.60/112.00
AUD/dollar
On Monday, the Asian stock market opened, but due to the sharp drop in Asian stock markets, risk appetite sentiment cooled significantly, which was not conducive to high-risk currencies such as the Australian dollar. After the opening, the Australian dollar also jumped short and opened low, sharply falling0.8%, lowest touch0.70Pass. Afterwards, it stopped falling at a low level and rebounded with some support from short covering, and the Australian dollar achievedVType reversal, closing higher on the day, closing report0.6991To ease the long-term decline. Today's Beijing time12:30The Reserve Bank of Australia will announce5Monthly interest rate decision, market expects Reserve Bank of Australia to lower interest rates25Bps to1.25%If the Reserve Bank of Australia cuts interest rates as scheduled, the Australian dollar is expected to plummet in the short term, but as a result, the previous market has already digested it and is expected to rebound soon. If there is no interest rate cut, the Australian dollar is expected to rise violently.
The overall downward trend of the daily chart remains intact or continues to refresh at low levels.4The hourly moving average system has a good downward alignment of bearish positions.1Pay attention to whether the hourly chart will drop within the day0.70Below the line, it is expected to remain weak at this level. You can take advantage of the situation after the announcement of the Reserve Bank of Australia's decision within the day.
Support position:0.6915/0.6800/0.6737
Resistance level:0.7025/0.7060/0.7090