In the 13th round of trade negotiations on two consecutive days last Friday (11th), a limited bilateral agreement was reached. US President Trump agreed to suspend the implementation of the original US$250 billion increase in imports of goods from the 15th of this month. A tariff of 25% to 30% of the plan, while Beijing, China promised to make concessions, agreeing to purchase US$40 billion to US$50 billion worth of US agricultural products, more than double the amount before trade friction, and protect intellectual property rights Proposed new measures on the issue of exchange rate finance.
In the recent Sino-US trade friction, the competition has become more and more fierce. After the resumption of negotiations last week, there will be a symbolic truce agreement, which will give the current global recession economy a big profit, and it can also appease the market investors. Concerns about the intensification of inter-State conflicts. However, another focus of international attention is that the Iranian tanker was hit by an unidentified missile attack last Friday (11th). The current investigation has not yet ended. Therefore, the risk of safe-haven demand for short-term gold may be large and must be paid more attention.
Forex(外汇) - Technical Analysis (Gold XAUUSD):
Today's foreign(外汇) exchange analysis gold (October 14) early in the morning at 1487.4 US dollars / ounce, from the technical analysis, the 1 hour level observation trend is consistent with last Friday (11th) forecast rebound and fell below the important neckline, began to pull back sharply Therefore, there is a chance to continue to bottom out after rebounding today.
At present, the pressure range above the short-term line is located at 1491~1492 US dollars / ounce, the downward direction, the initial support range is 1478~1479 US dollars / ounce, the operating mentality is short-term, and investors who want to enter the short-term market can consider the 1489 US dollars ounce. To the $1,490/oz range, you can buy a light position. The MT4 set stop loss can be set above $1,492 per ounce.
Forex(外汇) - Technical Analysis (EUR/USD EURUSD):
Today's foreign(外汇) exchange analysis of the euro / US dollar (October 14) early in the morning near 1.10360, from the technical analysis, the 1 hour level observation trend is consistent with last Friday (11th) forecast pull back and then rise again, mainly due to the weakening of the dollar, The euro's passive rise has formed a long position, so there is a chance to continue to rise after the correction.
At present, the pressure range above the short-term line is located at 1.10600~1.10650, the downward direction, the initial support interval is 1.10150~1.10200, and the operational mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.10250 to 1.10300 range. MT4 sets the stop loss point to consider setting below 1.10200.
Forex(外汇) - Technical Analysis (GBP/USD GBPUSD):
Today's foreign(外汇) exchange analysis GBP/USD (October 14th) Early in the vicinity of 1.26356, from the technical analysis, the 1 hour line level observation trend appeared a skyrocketing market, the main reason for the Brexit agreement to send out a lot of news, so that the pound broke through all the above Pressure, but there are now more upside corrections, so there is a chance to continue to fall corrections.
At present, the pressure range above the short-term line is located at 1.26500~1.26550, in the downward direction, the initial support range is from 1.25000 to 1.25050, and the operational mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 1.26000 to 1.26050 range. MT4 sets the stop loss point to consider setting above 1.26150.
Forex(外汇) - Technical Analysis (NZD/USD NZDUSD):
Today's foreign(外汇) exchange analysis NZD/USD (October 14th) Early in the vicinity of 0.63331, cut in from the technical analysis, the 1-hour line level observation trend is in line with the forecast on Friday (11th), and the correction is quickly pulled back. It is now clear Seeing that the bottom chip is quite complete, so there is a chance to pull back the bump support and rise again.
At present, the pressure range above the short-term line is located at 0.63400~0.63450, the downward direction, the initial support interval is 0.62900~0.62950, and the operation mentality is mainly short. The investors who want to enter the market for a short time can consider buying in the 0.63050 to 0.63090 range. MT4 sets the stop loss point to consider setting below 0.63000.
Forex(外汇) - Technical Analysis (Nasdaq Index Nas100):
Today's foreign(外汇) exchange analysis Nasdaq (October 14th) Early in the morning at 7839.8, from the technical analysis, the 1 hour line level observation trend broke through the neckline, the bottom shape of the left shoulder bottom right shoulder was successfully completed, so there is a chance to increase the first to do the correction band.
At present, the pressure range above the short-term line is located at 7905~7915 points, the downward direction, the initial support interval is 7800~7810 points, and the operation mentality is short-term. The investors who want to enter the short-term market can consider buying in the 7860 to 7870 range. In, MT4 set the stop loss point can be considered to set above the 7890.
Today's foreig(外汇)n exchange key data (data name / importance / previous value / expected):
1. China September trade account (100 million yuan) / three stars / 2396/2538
2. China's trade account in US dollars in September (100 million US dollars) / three stars / 348.4 / 347.5
3. China's September M2 money supply annual rate / three stars / 8.2% / 8.2%
4. Eurozone August industrial output monthly rate / three stars / -0.4% / 0.3%
For more information on Forex(外汇) and MT4, please click here to watch.
In the recent Sino-US trade friction, the competition has become more and more fierce. After the resumption of negotiations last week, there will be a symbolic truce agreement, which will give the current global recession economy a big profit, and it can also appease the market investors. Concerns about the intensification of inter-State conflicts. However, another focus of international attention is that the Iranian tanker was hit by an unidentified missile attack last Friday (11th). The current investigation has not yet ended. Therefore, the risk of safe-haven demand for short-term gold may be large and must be paid more attention.
Forex(外汇) - Technical Analysis (Gold XAUUSD):
Today's foreign(外汇) exchange analysis gold (October 14) early in the morning at 1487.4 US dollars / ounce, from the technical analysis, the 1 hour level observation trend is consistent with last Friday (11th) forecast rebound and fell below the important neckline, began to pull back sharply Therefore, there is a chance to continue to bottom out after rebounding today.
At present, the pressure range above the short-term line is located at 1491~1492 US dollars / ounce, the downward direction, the initial support range is 1478~1479 US dollars / ounce, the operating mentality is short-term, and investors who want to enter the short-term market can consider the 1489 US dollars ounce. To the $1,490/oz range, you can buy a light position. The MT4 set stop loss can be set above $1,492 per ounce.
Forex(外汇) - Technical Analysis (EUR/USD EURUSD):
Today's foreign(外汇) exchange analysis of the euro / US dollar (October 14) early in the morning near 1.10360, from the technical analysis, the 1 hour level observation trend is consistent with last Friday (11th) forecast pull back and then rise again, mainly due to the weakening of the dollar, The euro's passive rise has formed a long position, so there is a chance to continue to rise after the correction.
At present, the pressure range above the short-term line is located at 1.10600~1.10650, the downward direction, the initial support interval is 1.10150~1.10200, and the operational mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 1.10250 to 1.10300 range. MT4 sets the stop loss point to consider setting below 1.10200.
Forex(外汇) - Technical Analysis (GBP/USD GBPUSD):
Today's foreign(外汇) exchange analysis GBP/USD (October 14th) Early in the vicinity of 1.26356, from the technical analysis, the 1 hour line level observation trend appeared a skyrocketing market, the main reason for the Brexit agreement to send out a lot of news, so that the pound broke through all the above Pressure, but there are now more upside corrections, so there is a chance to continue to fall corrections.
At present, the pressure range above the short-term line is located at 1.26500~1.26550, in the downward direction, the initial support range is from 1.25000 to 1.25050, and the operational mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 1.26000 to 1.26050 range. MT4 sets the stop loss point to consider setting above 1.26150.
Forex(外汇) - Technical Analysis (NZD/USD NZDUSD):
Today's foreign(外汇) exchange analysis NZD/USD (October 14th) Early in the vicinity of 0.63331, cut in from the technical analysis, the 1-hour line level observation trend is in line with the forecast on Friday (11th), and the correction is quickly pulled back. It is now clear Seeing that the bottom chip is quite complete, so there is a chance to pull back the bump support and rise again.
At present, the pressure range above the short-term line is located at 0.63400~0.63450, the downward direction, the initial support interval is 0.62900~0.62950, and the operation mentality is mainly short. The investors who want to enter the market for a short time can consider buying in the 0.63050 to 0.63090 range. MT4 sets the stop loss point to consider setting below 0.63000.
Forex(外汇) - Technical Analysis (Nasdaq Index Nas100):
Today's foreign(外汇) exchange analysis Nasdaq (October 14th) Early in the morning at 7839.8, from the technical analysis, the 1 hour line level observation trend broke through the neckline, the bottom shape of the left shoulder bottom right shoulder was successfully completed, so there is a chance to increase the first to do the correction band.
At present, the pressure range above the short-term line is located at 7905~7915 points, the downward direction, the initial support interval is 7800~7810 points, and the operation mentality is short-term. The investors who want to enter the short-term market can consider buying in the 7860 to 7870 range. In, MT4 set the stop loss point can be considered to set above the 7890.
Today's foreig(外汇)n exchange key data (data name / importance / previous value / expected):
1. China September trade account (100 million yuan) / three stars / 2396/2538
2. China's trade account in US dollars in September (100 million US dollars) / three stars / 348.4 / 347.5
3. China's September M2 money supply annual rate / three stars / 8.2% / 8.2%
4. Eurozone August industrial output monthly rate / three stars / -0.4% / 0.3%
For more information on Forex(外汇) and MT4, please click here to watch.
