Industrial Investment: Hard Exit from Europe Worries about GBP Opening Dive The US dollar may continue to fluctuate today

Industrial Investment: Hard Exit from Europe Worries about GBP Opening Dive The US dollar may continue to fluctuate today
2017year1month16day
euro/dollar
The euro's trend fluctuated last Friday, with a brief upward trend after the release of US retail sales data1.0672Failed to reach a new high, then stepped back1.0596Low point, rebounded at the end of the day, and still included a bullish candlestick on the day. Data display, United States12Monthly retail sales growth rate0.6%, less than expected0.7%And the United States12monthPPIMonthly rate growth0.3%Annual growth rate1.6%, for2014year9The largest increase since the beginning of the month indicates that inflation is further approaching the Federal Reserve's target level, confirming Federal Reserve Chairman Yellen's optimistic speech on the inflation outlook that day. Yellen also stated that the economy is currently performing quite well and there are no significant obstacles in the short term. Last Friday, Canadian rating agenciesDBRSIndicating that Italy's sovereign credit rating will be adjusted accordinglyAReduce toBBBMeans that Italy has lost the last international rating agencyAThe risk of the European banking industry may force the European Central Bank to reduce the scale of its easing policy, given its level of credit rating. Today Martin?Luther?On the Golden Day, the US market is closed, and it is expected that the exchange rate may continue to maintain its recent high and strong volatility pattern.
The daily chart includes a long upward shadow with a positive line, still maintaining a short-term rebound trend, but still limited by resistance near last week's high point, lacking direction before effectively breaking through.4The hourly chart is bearish and saw through, maintaining overall strength but requiring a break above the previous high resistance to open up further upward space. The hourly chart failed to break the high point, but bulls still dominate. Within the day1.0610Long above, stop loss1.0565Look towards1.0710And seek opportunities for backhand shorting.
Support position:1.0610 1.0565 1.0520
Resistance level:1.0710 1.0750 1.0800
pound/dollar
Last Friday, there was a fierce battle between the long and short positions of the pound, with amplitude1.2120-1.2230。 However, on Sunday, the British Telegraph reported that British Prime Minister Theresa May plans to give up the EU's single market for goods and services on Tuesday, in order to regain control of the UK's borders and laws, implying that she plans to implement a "hard Brexit". The pound plunged sharply at the beginning of this week, breaking new ground10month6Rioolong refers to the lowest point since the incident. It is expected that the pound will continue to remain weak before Theresa May's speech.
The daily chart maintains a bearish pattern and is expected to continue to decline after falling below the recent consolidation low.4The hourly chart opened low with no signs of stabilization, but remained weak after a large dive and may continue to decline. It is recommended to short during the day when there is a high or follow up when there is a low.
Support position:1.2035 1.1950 1.1855
Resistance level:1.2080 1.2110 1.2190
dollar/Japanese yen
The exchange rate was once popular in retail sales in the United States andPPIAfter the data, it quickly rose, but the recent bearish momentum limited the rebound strength of the exchange rate. On the same day, it included a cross star bearish line and did not reach a new low. Bank of Japan Governor Toshiko Kuroda reiterated this morning that he will maintain monetary base expansion until the coreCPIexceed2%. At the beginning of last week, inflation in Japan rebounded slightly, but the appreciation of the yen may also prompt the Bank of Japan to take more aggressive measures.
Sunchart Down Break50The daily moving average, but the continuous downward shadow shows the resistance of the bulls.4The rebound strength of the hourly chart is limited, indicating that bears dominate. The hourly chart rises and falls, but the trend remains weak. Intraday tendency115.20Short selling below, radical114Long on the front line.
Support position:114.00 113.65 113.20
Resistance level:114.70 115.20 115.60
AUD/dollar
The overall fluctuation of the Australian dollar was not significant, and it briefly fell during the trading session due to pressure from US economic data0.7450Frontline, but quickly regained lost territory and maintained at0.7505Narrow oscillation below. This morning, Fitch Ratings downgraded its outlook for the Australian banking industry from stable to negative as rising macroeconomic risks in Australia put pressure on bank profitability growth. Recently, the Australian dollar has been supported by the weakening of the US dollar and the strength of commodities, leading to a continuous rise. The upward trend in the past two days has shown signs of stagnation, and caution should be exercised against the risk of a downturn.
Daily chart last year12The upward trend near the month dense resistance area has stagnated, and the random indicators are overbought but have not yet begun to adjust, indicating that there may be further upward movement in the short term, but the space may be limited.4The center of gravity of the high level oscillation in the hourly chart slowly moves downwards, but needs to be effectively broken down0.7460Only then can we open up further downward space. The hourly chart repeatedly tests and cannot break through upwards, and there is a risk of a pullback in the short term. The intraday tendency is to short and break down when encountering highs0.7460follow-up.
Support position:0.7460 0.7430 0.7400
Resistance level:0.7505 0.7525 0.7540