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World Finance Forex Awards 2022 颁发
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World Finance Forex Awards 2022 颁发
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2021年埃及Smart Vision Investment Expo博览会获颁赠
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Capital Finance International Magazine (CFI.co)颁赠
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2017年伦敦财富管理奖
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2014年最佳外汇科技提供商
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2014年最佳外汇科技提供商
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market news
Risk aversion weakens the inverted hammer head, gold and silver continues the range
Wonderful introduction:
A clean and honest man is the happiness of honest people, a prosperous business is the happiness of businessmen, a punishment of evil and traitors is the happiness of chivalrous men, a good character and academic performance is the happiness of students, aiding the poor and helping the poor is the happiness of good people, and planting in spring and harvesting in autumn is the happiness of farmers.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Risk Avoidance weakens the inverted hammer head, and gold and silver continue the range." Hope it will be helpful to you! The original content is as follows:
Yesterday, the gold market opened slightly higher at 3211.7 and then the market slightly filled the gap. The daily line was low at 3205.3 and then the market rose rapidly. The daily line reached the highest point of 3250 and then the market range was consolidated. The daily line finally closed at 3230.3 and then the market closed with a small positive line with a long upper shadow line. After this pattern ended, the short position of 3368 above was reduced and the stop loss followed at 3300. Today, the 3245 short position was conservative 3247 short stop loss 3251. The target below looked at 3215 and 3205. If it fell below, look at 3193 and 3182.
The silver market opened at 32.287 yesterday and then rose. The daily line reached the highest position at 32.615 and then rose and fell. The daily line was at the lowest position at 32.219 and then the market consolidated. The daily line finally closed at 32.344 and then closed in an inverted hammer head pattern with a long upper shadow line. After this pattern ended, the short stop loss of 32.75 today at 32.55, and the targets were 32.25 and 32-31.8.
European and American markets opened higher yesterday at 1.11756 and then the market filled the gap. The market fluctuated and rose.After reaching the highest point of 1.12880, the market fell under pressure and fell. The daily line finally closed at 1.12398. The market closed with a medium-positive line with a long upper shadow line. After this pattern ended, the stop loss of 1.11950 today is 1.11800. The target is 1.12400 and 1.12800.
The US crude oil market opened at 62.33 yesterday and the market fell first. The daily line was at the lowest point of 61.36 and then the market rose strongly. The daily line reached the highest point of 63.09 and then the market consolidated. The daily line finally closed at 62.53 and then the market ended with a very long lower shadow line. After this pattern ended, the 61.7 stop loss was 6.2 today, and the target was 62.5 and 63.1 and 63.6-64.
Yesterday, the Nasdaq market opened low at 21234.2 in the morning, and the market closed at 21234.2. The market fell strongly. The daily line was at the lowest point of 21029.88. After the market rose strongly. The daily line reached the highest point of 21464.65. After the market consolidated. The daily line finally closed at 21433.76. After the market closed with a medium-positive line with a long lower shadow line. After this pattern ended, the stop loss of 21250 was over 21150 today, with the target of 21400 and 21450, and the breaking position was at 21550 and 21650.
The fundamentals, yesterday's fundamentals, the monthly rate of the leading indicator of the United States in April was -1%, the largest decline since March 2023. Due to Moody's downgrade of the US credit rating, the US dollar index fell sharply during the Asian and European sessions, and once fell nearly 100 mark during the session, but some lost ground was recovered in the US and Russia's presidential conversations. Russia agreed to start peace talks in the near future, so after the risk aversion was reduced, the gold and silver markets were consolidating in the range. Today's fundamentals are mainly focused on the 12:30 RBA announcement of interest rate resolution. Then, RBA Chairman Brock, who watched 13:30, held a monetary policy press conference. At night, we will see the initial value of the euro zone's May consumer confidence index at 22:00.
In terms of operation, gold: The short position of 3368 above is reduced and the stop loss is followed at 3300. Today, 3245 short position is conservative 3247 short stop loss 3251. The target below is 3215 and 3205. If it falls below, look at 3193 and 3182.
Silver: Today is 32.55 short stop loss 32.75, the target is 32.25 and 32-31.8.
Europe and the United States: Today is 1.11950 and the stop loss 1.11800, the target is 1.12400 and 1.12800.
US crude oil: Today is 61.7 long stop loss 6.2, target 62.5 and 63.1 and 63.6-64.
Nasdaq Index: Today's 21250 stop loss 21150, target 21400 and 21450, breaking the position 21550 and 21650.
The above content is all about "[XM Foreign Exchange Market Analysis]: Risk Avoiding weakens the reverse hammer head, gold and silver continues the range", which was carefully xmserving.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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