Industrial Investment: USDVType reversal The pound broke through the range and fell

Industrial Investment: USDVType reversal The pound broke through the range and fell
2019year6month18day
euro/dollar
Mondayforeign exchangeThe overall market is relatively calm. Boosted by weak US data, the United States6The monthly New York manufacturing index recorded-8.6, far below expectations12.1This is the first negative decline in two years, hitting a historic low and reigniting market concerns about the prospects of the US manufacturing industry. The US dollar index further fell and broke the intraday low, while the euro fluctuated and rose during the Asia Europe session, reaching its highest point1.1245However, the continued rebound of the euro has been hindered. Prior to this week's Federal Reserve decision, cautious sentiment in the market limited the decline of the US dollar and pushed it back up in New York trading. The euro immediately gave up most of its gains at high levels on the day, eventually recording a slight rebound and closing at1.1223Temporarily easing the downward trend. Focus on the Eurozone Today5monthCPI/ZEWEconomic Sentiment Index/Trade account and other data.
Although the daily chart rebounded overnight, a long upper shadow suggests greater upward pressure and may still carry downside risks.4Pay attention to whether the hourly chart will fall below within the day1.12Gateway.1The hourly chart rises and falls, with heavy downward pressure. Within the day, it fell below1.12Short selling can be followed up at the checkpoint.
Support position:1.1170/1.1140/1.1100
Resistance level:1.1245/1.1300/1.1415
pound/dollar
Before the announcement of the Bank of England's decision this week, Brexit remains the main factor dominating the pound. Currently Boris.The probability of Johnson winning the leadership of the Conservative Party is increasing. Although Johnson began to downplay the UK's no deal Brexit last week, the risk of a no deal Brexit would still greatly increase if he wins the election. On Monday, the pound continued to weaken, breaking below the bottom of the recent consolidation range1.2575Further decline after the first line, reaching the lowest point1.2529Create this year1Low since the beginning of the month, closing at1.2540Maintain the downward trend. We will continue to monitor the progress of the Prime Minister election and data on construction permits in the United States.
Technically, the daily chart has further dropped significantly to the bottom of the range1.2575Below the line, there is significant downward pressure.4The hourly chart remains below the moving average system, maintaining a volatile downward trend.1The hourly chart shows strong downward movement in the near future, and the bearish trend in the moving average system is well aligned. intraday1.2565Short the first tier light positions.
Support position:1.2500/1.2450/1.2400
Resistance level:1.2600/1.2640/1.2700
dollar/Japanese yen
On Monday, the US stock market rose, with Boeing leading the Dow Jones Industrial Average. Market risk appetite sentiment intensified, suppressing safe haven currencies such as the Japanese yen and the US dollar/The Japanese yen fluctuated and rose earlier, reaching its highest level of the day108.71However, the manufacturing industry in the New York area has shrunk, suppressing the US dollar index and also dragging down the US dollar/The Japanese yen fluctuated and fell from its high on the day, showing a downward trendVTrend, ultimately recorded a slight decline and closed at108.53Maintain a low and narrow consolidation trend. Today's Asian market morning session, in US dollars/The short-term plunge of the Japanese yen has exceeded20Point to108.34Pay attention to the impact of global stock markets and data on the US dollar index during the day.
The daily chart is expected to continue to maintain a weak consolidation at a low level in the short term.4The hourly chart maintains the previous volatile downward trend.1The hourly chart random indicator is bearish, and there is a short-term expectation of downside risk. The current short-term plunge may lead to a potential decline108Pass. Suggestions for the day can be made on108.65Short selling in nearby light positions.
Support position:108.00/107.70/106.60
Resistance level:109.00/109.65/110.00
AUD/dollar
Despite the weak performance of overnight US data, it provided some support for the Australian dollar. But against the backdrop of the strong US dollar, the Australian dollar remains weak. At the same time, factors such as the global trade environment, the Brexit crisis, and the geopolitical situation in the Middle East all further intensified during Monday, which is not conducive to the high-risk currency Australian dollar. Monday Australian Dollar/The US dollar has fluctuated downwards, with the lowest drop this year1month2The lowest level since the beginning of the day, with a heavy drop in the day0.6850Continuing the previous downward trend. It is expected that commodity currencies such as the Australian dollar will continue to decline in the short term. Today, pay attention to market sentiment and the trend of the US dollar.
The daily chart has been declining for several consecutive days, maintaining a downward trend.4The hourly moving average system has a good downward alignment of bearish positions.1Under the hourly chart, the action can be relatively strong, and it is expected to continue to test the low level downwards. Suggestions for the day can be made on0.6870Short selling on the front line.
Support position:0.6800/0.6730/0.6700
Resistance level:0.6935/0.7000/0.7050