Xie Yayan: The US dollar index has exited the bearish position after the interest rate resolution and bottomed out in the short term

Xie Yayan: The US dollar index has exited the bearish position after the interest rate resolution and bottomed out in the short term

　　
Last Friday's US market data showed that the US3Initial monthly University of Michigan consumer confidence index90, expected92.2, Previous value91.7。
　　
But Xie Yayan believes that3The decline in monthly consumer confidence is due to concerns about the economic outlook and concerns that natural gas prices will rise. For consumers, the importance of interest rates outweighs prices;The rise in prices has little impact on consumer spending. Consumers believe that the United States2016yearGDPThe performance may be inferior to2014-2015And there is concern that the economic slowdown will significantly affect the unemployment rate. Most consumers believe that the unemployment rate remains at a very low level. Add Wei and Xin to analyze the impact of specific news on the marketyay813Follow Xie Yayan.
　　
Meanwhile, at a seminar in Frankfurt, Germany, St. Louis Fed Chairman Brad mentioned that under the Fed's "extremely loose" policy, the US economy has made some progress and the job market is approaching normal levels;If the impact of oil prices is not taken into account, inflation is approaching the target. On the market, the US dollar index was supported by investor short covering after the Federal Reserve's decision, since94.58The five month low point rebounded and closed at95.03. This indicates that the US dollar index has emerged from the bearish position after the interest rate resolution and has hit a short-term bottom. Time spot silvercrude oilAsphalt and copper market analysis can add the author's official only designated Wei, Xinyay813obtain.
　　
The clear impact of the bottoming out of the US dollar index on financial markets is that,goldSilver, copper, and other metals have all fallen from their high levels, and the Friday daily report closed on a high bearish column in the long up shadow, with significant upward pressure,MACDThe indicators deviate significantly from the signal, the random indicators are in a passive state, and the bullish momentum on the technical chart is also weak. So this week, in terms of operations, spot gold, silver, and copper are mainly at high altitudes. Pay attention to pressure above gold:1260-1262;Pay attention to pressure above silver:3330-3350;Pay attention to pressure above:33000-33300. Support resistance levels are generally not easily broken, and once broken, they tend to become reverse barriers. Therefore, in an upward trend, the broken resistance level may become support for the upward trend. However, in a downward market, once the support level is broken, it will transform into resistance. For specific technical analysis, please refer to Yayanwei and Xinyay813.Let's explore together.

Xie Yayan is a senior financial analyst with years of experience in analyzing and trading spot gold, silver, and crude oil markets. He mainly engages in the analysis and research of spot silver, spot crude oil, asphalt, and spot copper. Proficient in the comprehensive application of various technical indicators, with extensive research on the operation of intraday market bands. Provide accurate market analysis, order point prediction, technical guidance, and real-time ordering guidance for crude oil and silver, to safeguard your profitable journey!Firm offer for single skirt299，154-313remarks55. My technical service is your strong arm, and your profit is our pursuit.