US stocks rebounded sharply yesterday (26th), as US President Trump said he expected to reach a Sino-US trade agreement with China. He mentioned that the prospect of reaching an agreement with China is compared with that since last year’s negotiations. The optimism comes because China’s economic pressure is getting bigger and bigger. If the US companies withdraw from China, the employment opportunities will gradually be lost. Therefore, there is a need to reach an urgent agreement. The news suggests that the tension between the two world’s largest economies is There may be a turnaround, which makes market investors worry about slowing down, and the price of gold is gradually falling after it has risen.
However, the question of whether the global economy is in recession and the uncertainty of whether the Federal Reserve will cut interest rates are all worried about how long the US economic expansion period can last. From the panic index (Chicago Options Exchange Volatility Index VIX) Hit the high point in the session yesterday (26th). On the other hand, the US core durable goods orders unexpectedly increased in July, but in fact, the shipments were the biggest decline in the past three years, suggesting that under the tension between Sino-US trade friction, the capital investment of US companies is still quite weak, and maybe even more deterioration.
MT4 Technical Analysis (Gold XAUUSD):
Using MT4 observation, today's gold (August 27) early in the vicinity of 1527.4 US dollars / ounce, from the technical analysis, after the breakthrough of the 4-hour level observation trend, with the international news Sino-US trade restart negotiations, risk aversion cooled, appeared Pull back the correction, so there is a chance to re-raise after the correction ends.
Using MT4 observation, the pressure range above the short-term line is located at 1538~1538.5 US dollars/ounce, the downward direction, the initial support range is 1520~1520.5 US dollars/ounce, and the operation mentality is mainly short. Investors who want to enter the market to do more short can consider In the range of $1,528/oz to $1529.5/oz, you can buy a light position and the stop loss can be set below $1526.5/oz.
MT4 Technical Analysis (EUR/USD EURUSD):
Using MT4 observation, today's EUR/USD (August 27th) Early in the morning at 1.10986, cut in from the technical analysis, the 1-hour level observation trend was sharply rebounded after the US dollar fell yesterday (26th), making the euro weaker. Therefore, after pulling back to the bargain, there is a chance to do the next rise.
Using MT4 observation, the pressure range above the short-term line is located at 1.11250~1.11300, the downward direction, the initial support interval is 1.10850~1.10900, and the operating mentality is mostly short. Investors who want to enter the market for a short time can consider light in the 1.11000 to 1.11050 range. Buying a position, stop loss can be considered to set below 1.10950.
MT4 (GBP/USD GBPUSD):
Using MT4 observation, today's GBP/USD (August 27th) Early in the vicinity of 1.22175, cut from the technical analysis, 1 hour line-level observation trend if there is a rebound, you must pay attention to the black circle if the picture is high, may form Head shape, so the current market direction is not clear, please pay more attention.
Using MT4 observation, the pressure range above the short-term line is located at 1.22650~1.22700, the downward direction, the initial support interval is 1.21950~1.22000, and the operation mentality is mostly short. Investors who want to enter the market for a short time can consider light in the 1.22100 to 1.22150 range. Buying a position, the stop loss point can be considered to be set below 1.21960.
MT4 (Nasdaq Index Nas100):
Using MT4 observation, today's Nasdaq (August 27th) early in the morning near 7583.6, cut from the technical analysis, 1-hour line-level observation trend after the rebound, the upper neckline is the pressure range, so after the high point shock, There is a chance to fall again.
Using MT4 observation, the pressure range above the short-term line is located at 7640~7650 points, the downward direction, the initial support interval is 7500~7510 points, the operation mentality is short-term and the main ones, investors who want to enter the market to make short-term can consider 7580 to 7595. Interval light warehouse buys, stop loss points can be considered to set above 7625.
However, the question of whether the global economy is in recession and the uncertainty of whether the Federal Reserve will cut interest rates are all worried about how long the US economic expansion period can last. From the panic index (Chicago Options Exchange Volatility Index VIX) Hit the high point in the session yesterday (26th). On the other hand, the US core durable goods orders unexpectedly increased in July, but in fact, the shipments were the biggest decline in the past three years, suggesting that under the tension between Sino-US trade friction, the capital investment of US companies is still quite weak, and maybe even more deterioration.
MT4 Technical Analysis (Gold XAUUSD):
Using MT4 observation, today's gold (August 27) early in the vicinity of 1527.4 US dollars / ounce, from the technical analysis, after the breakthrough of the 4-hour level observation trend, with the international news Sino-US trade restart negotiations, risk aversion cooled, appeared Pull back the correction, so there is a chance to re-raise after the correction ends.
Using MT4 observation, the pressure range above the short-term line is located at 1538~1538.5 US dollars/ounce, the downward direction, the initial support range is 1520~1520.5 US dollars/ounce, and the operation mentality is mainly short. Investors who want to enter the market to do more short can consider In the range of $1,528/oz to $1529.5/oz, you can buy a light position and the stop loss can be set below $1526.5/oz.
MT4 Technical Analysis (EUR/USD EURUSD):
Using MT4 observation, today's EUR/USD (August 27th) Early in the morning at 1.10986, cut in from the technical analysis, the 1-hour level observation trend was sharply rebounded after the US dollar fell yesterday (26th), making the euro weaker. Therefore, after pulling back to the bargain, there is a chance to do the next rise.
Using MT4 observation, the pressure range above the short-term line is located at 1.11250~1.11300, the downward direction, the initial support interval is 1.10850~1.10900, and the operating mentality is mostly short. Investors who want to enter the market for a short time can consider light in the 1.11000 to 1.11050 range. Buying a position, stop loss can be considered to set below 1.10950.
MT4 (GBP/USD GBPUSD):
Using MT4 observation, today's GBP/USD (August 27th) Early in the vicinity of 1.22175, cut from the technical analysis, 1 hour line-level observation trend if there is a rebound, you must pay attention to the black circle if the picture is high, may form Head shape, so the current market direction is not clear, please pay more attention.
Using MT4 observation, the pressure range above the short-term line is located at 1.22650~1.22700, the downward direction, the initial support interval is 1.21950~1.22000, and the operation mentality is mostly short. Investors who want to enter the market for a short time can consider light in the 1.22100 to 1.22150 range. Buying a position, the stop loss point can be considered to be set below 1.21960.
MT4 (Nasdaq Index Nas100):
Using MT4 observation, today's Nasdaq (August 27th) early in the morning near 7583.6, cut from the technical analysis, 1-hour line-level observation trend after the rebound, the upper neckline is the pressure range, so after the high point shock, There is a chance to fall again.
Using MT4 observation, the pressure range above the short-term line is located at 7640~7650 points, the downward direction, the initial support interval is 7500~7510 points, the operation mentality is short-term and the main ones, investors who want to enter the market to make short-term can consider 7580 to 7595. Interval light warehouse buys, stop loss points can be considered to set above 7625.
