MBG MarketsEvening technical report 2020-03-10

Focus of foreign exchange market

[li]Trading preference - - -This week is relatively beautiful and beautiful/Rui（USDCHF）。
[/li][li]On the Eurozone front,除去相关经济数据之外，本周主要关注欧洲央行对于降息的举措，市场已经对欧央行降息10个点做出消化，谨防预期以外的可能性令市场掀起波动；此外美元指数的走势亦在近期给予了欧元多头不少助力。早间我们强调了美元指数将迎来反弹，进而造就欧元回落修正，目前已经到达第一目标，交易者可短线部分利润。
[/li]

[li]On the UK side,此前英欧谈判传出缓和态度提振了英镑走势；加之市场对于英国央行可能进行的降息动作也已经做过消化，整体来说英镑偏强，但是，早间我们亦强调了美元指数的回弹将令英镑面临回落走势，目前已到达第一目标，交易者在兑现利润之后可于低位小仓位寻找短多机会。
[/li]

[li]In terms of commodity currency,受沙特石油价格战影响，加元重挫，然今日油价的反弹给加元带来了提振，我们早间亦做过提示，但在石油价格战并未明朗之前，加元仍存下行风险，交易者不能盲目乐观。Technically, beauty/Add（USDCAD）On the expansion line100%-161.8%区间进行震荡，交易者可轻仓高抛低吸。此外，澳元、纽元在中国疫情好转配合下有反弹契机，但受周一恐慌情绪打压，在上周辛苦建立的反弹结构遭到破坏，接下来将重新下行蓄力已经反弹结构的构建，早间我们亦做出强调，交易者可先兑现部分盈利，并继续关注下方反弹结构形成。
[/li]

[li]In terms of safe haven currencies,The intensification of risk aversion caused by the epidemic has led to a resurgence of risk aversion in the Japanese yen, but the worsening of the epidemic in Japan is also quite severe, making it more likely for the yen to be sold off when the US dollar rebounds,早间建议日元的反弹已经到达目标，交易者可先兑现部分利润，并关注接下来能否形成反弹结构。
[/li]

Commodity marketsite

[li]Trading preference –This week we will maintaingold（XAU）Vibration andcrude oil（WTI）The viewpoint of oscillation bias.The risk aversion sentiment has established an overall bullish pattern for gold, but the lack of market liquidity and high profit taking will limit the short-term increase in gold prices,Therefore, we anticipate that there will be opportunities for gold prices to fluctuate and recover, and we are concerned about1620-1700区间，跟随早间短线空者可兑现部分盈利。
[/li][li]油价方面，沙特石油价格战重燃了打压叶岩油时期甚至是海湾战争时期的油价下行风险，在此事件未明朗之前，油价整体偏空。Technically, 285The US dollar is2016Year and Year2011年重迭支撑，此位置空头亦比较谨慎，短期存在反弹，但谨防后市重测该点位，另早间跟随多单者可继续持有，美盘之前兑现部分盈利。
[/li]

abstract

[li]CFTCCapital flow data supports beauty/Rui rebounded.
[/li]

[li]非美货币短线均达目标，投资者可兑现部分利润。
[/li][li]Gold（XAU）Can continue to hold.
[/li]

Target price	Europe/beautiful	beautiful/day	Pound/beautiful	beautiful/plus	Australia/beautiful	Newtonian/beautiful
short-term	1.1355	105.00	1.3020	1.3747	0.6540	0.6280
midline	1.1223	105.00	1.3200	1.3747	0.6660	0.6350

Target price	WTI	XAU
short-term	38	1,650
midline	31	1,620

Economic Calendar