Euro Easing Signal Week Ukraine Again Touches Market Nerves

P: euro zone: last week's disappointing growth figures in the euro zone and the sell-off of Greek bonds led to the suspension of the second tier bond market in the euro zone, prompting funds to seek refuge.

The market now expects the ECB to introduce further stimulus measures at its June session, with some investors betting that the euro will go down in the coming weeks.

This week, Thursday's Markit manufacturing and service industry PMI indicators and Friday data German data will attract the attention of the world. If the data are worse than expected, it will undoubtedly become a bet for the market speculators to add the euro's downward (the European central bank takes the easing action).

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Euro P Technology: the euro -5 remained almost at 1.364-1.3977 in March. At present, there is a downward trend in the monthly graph.

This month will maintain the test near 1.3480, which will represent the euro's current reversal.

The euro line is currently facing a formal downlink test.

1.36825. this position is the entity resistance in February 26th this year. The uplink resistance is 1.3760. Once the daily line is stabilized 1.3760 represents the signal of inversion, it will return to test 1.3714 to do more.

This Thursday and Friday will be a critical moment. It also means that Thursday is the most important day of the week.

Once the data is weak, it will accelerate the acceleration of below 1.3682.

The interval will be divided into three parts. The intermediate range is: 1.3764-1.3642. first interval: 1.3480-1.3642. third interval 1.3764-1.390.. At present, we will maintain the middle range selection location for the empty single test. This week's position on Thursday should be cautious.

Once the callback is on Monday, we will face 1.3723 tests, which will be the time for us to enter. In this approach, we will select two locations, 1.3723 and 1.3764. stop loss settings 1.3782. < /p >

< p > > a href= "http://www.91se91.com/news/index_c.asp" > pound sterling < /a >: last week, the weak employment data hit the pound sterling, but unfortunately it did not go down a lot.

Next week's inflation data, the minutes of the Bank of England meeting and GDP data will determine the future price of the exchange.

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Less than p pound Technology: the pound fell second Yin lines this week, but failed to fall below the 1.3716 major resistance, the overall upward trend is still perfect, technical graphics tell us that the overall downward support is still tough, this week euro Thursday will have a critical moment, if the data is tough, it may be able to suppress the strength of the pound's callback downward.

The daily resistance of the pound is 1.6850. In the short term, we will choose 1.6850 for the first test and four for the next 1.6803. 1.6803-1.6788 is four hours combined with the hourly chart interval. This week we will choose to enter the field first near 1.6790, with the target of 1.6850. Once we fall below 1.6782, we will choose to leave.

1.6850, we will choose to leave the field and wait for the breakthrough. We will continue to make more breakthroughs if there is a formal breakthrough. Please remember that my 1.6943 single thought still exists.

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< p > Gold: the new housing starts in April rose to a year and a half high, making the expected growth of the a href= "http://www.91se91.com/news/index_c.asp" > fed < /a > continuing to reduce QE. The US consumer confidence index of University of Michigan in May dropped to 81.8, the lowest point since November 2013.

In May 15th, the Ministry of foreign affairs of Ukraine issued a statement expressing uneasiness about Russia's decision to hold a military exercise near the border between the two sides and asked the Russian side to withdraw troops from the region.

According to Ukraine media reports, 21-25 days this week, Russia will hold a large-scale air force exercise in Voronezh, Russia and Ukraine.

This news may be a supporting function for gold.

The SPDR Gold Fund increased its holdings in May 15th for the first time in a month, from 780.46 tons to 782.25 tons.

The news of this week is nothing more than the mood of Ukraine. But first of all, we must understand that once the mood is weak, the total number will have strong and weak moments. Therefore, gold will show strong conditions on Thursday and Friday. The intensity of gold will begin to be affected by war sentiment on Tuesday.

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< p > < a href= "http://www.91se91.com/news/index_c.asp > > Gold < /a > technical aspects: gold is still maintaining its 1280-1306 line range, and the overall direction remains oscillatory.

Whether a breakthrough or a false breakthrough can be made again is very important. The last war sentiment has tested 1329 and 1315. The two positions are more critical this month at 1315. This week, if we can stand firm 1315, we will be able to get emotional upgrades. Every time the agency increases its holdings of gold, there will be more concussion. 1280 has seen a false break.

In terms of technology, it will give up more than 1287 ideas to keep gold in the short term and keep below 1278.

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