ATFXEarly review0507: Euro, gold, crude oil, short-termH4analysis

Trends and points:


Latest news:
Federal Reserve        美联储表示，新冠疫情仍是金融体系稳定性面临的最大短期风险之一，同时指出，如果投资者情绪发生变化，资产价格很容易大幅下跌。
European Central Bank        欧洲央行首席经济学家连恩：欧洲央行准备好了调整工具以达到目标。预计明年的通胀率将在1%的范围内。
OPEC+        伊拉克石油部长：预计油价将不低于65dollar/bucket


EURUSD

chart1，EURUSD 05month07day H4level
Technical indicators
MA5-MA10        RSI
0.0011        75
long position        long position
Hook theory viewpoint:
Latest hook shape:---，---
Hook theory
left        dip angle        right        dip angle
---        ---        ---        ---
Directionality: oscillatory thinking
综合判断：楔形结构已经被向上突破，预计未来将继续上涨，目标位暂无法确定。


USDJPY

chart2，USDJPY 05month07day H4level
Technical indicators
MA5-MA10        RSI
-0.04        41
Weak bearish position        neutral
Hook theory viewpoint:
Latest hook shape:108.42~109.68~108.88, retract hook shape
Hook theory
left        dip angle        right        dip angle
Slightly smaller        commonly        Too large        ---
Directionality: oscillatory thinking
Comprehensive judgment: oscillation range（108.88~109.68）。


GBPUSD

chart3，GBPUSD  05month07day H4level
Technical indicators
MA5-MA10        RSI
0.00008        62
Weak bull        long position
Hook theory viewpoint:
Latest Hook1.3800~1.3930~1.3837, retract hook shape
Hook theory
left        dip angle        right        dip angle
Slightly smaller        good        Too large        ---
Directionality: oscillatory thinking
Comprehensive judgment: oscillation range（1.3837~1.3930）。


XAUUSD

chart4，XAUUSD 05month07day H4level
Technical indicators
MA5-MA10        RSI
7.16        93
long position        Overbought
Hook theory viewpoint:
Latest hook shape:1798~1770~1818Breaking through the hook shape
Hook theory
left        dip angle        right        dip angle
Too large        ---        Continuous        good
Directionality: oscillatory thinking
综合判断：预计将会在1818位置形成短期阻力位，随后开启下跌走势。


USOIL

chart5，USOIL 2021year6Monthly contract,05month07day  H4cycle
Technical indicators
MA5-MA10        RSI
-0.177        33
Weak bearish position        short position
Hook theory viewpoint:
Latest hook shape:62.91~~66.72~64.5, retract hook shape
Hook theory
left        dip angle        right        dip angle
good        good        Too large        ---
Directionality: oscillatory thinking
综合判断：开启震荡，区间（64.5~66.72）。

EIAInventory (previous period)        EIAInventory (latest)
460710000 barrels        463210000 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.