Overshoot Rebound Or Break Down Euro Critical Time To Come

The US dollar's benchmark 10 - year treasury bond price fell by 4/32, and its yield was 2.6076% when the US Treasury bond yield climbed and the market could further ease the European Central Bank on Thursday.

The disappointing performance of the US economy in the first quarter made the US dollar not as high as expected by banks and investment institutions at the beginning of the year.

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< p > the report of the private employment service ADP released yesterday showed that the number of private employment increased by 179 thousand in May, the smallest increase since January.

The number of employed persons increased from 220 thousand to 215 thousand in April.

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< p > > the market expects the government employment report released tomorrow will show that employment increased by 210 thousand in May.

But the ECB's easing of policy expectations solidify the strength of the US dollar, the return on US Treasury bonds and the return on investment in the eurozone.

The European Central Bank's interest rate decision conference is about to be announced today. The market expects the ECB President Delaki to adopt a negative interest rate monetary policy to boost the flagging euro zone economy.

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< p >, and then < a href= "http://www.91se91.com/news/index_cj.asp" > financing interest rate < /a > may reduce 10-15 basis points, deposit interest rate or down 10 basis points.

The yield of us longer-term Treasury bonds has risen 20 basis points in the past week, and the most sensitive two-year period between interest rate and interest rate changes is only one step away from the highest level in 2007.

There is much doubt about the extent of the central bank's interest rate cut. It is clear that interest rates in the eurozone will go lower before rising.

This is conducive to the performance of the US dollar against other currencies.

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< p > from a technical point of view, the US dollar index 5, 10, 20, 55.89 day average system continues to maintain a long order, and each time the exchange rate rebounded on the support of the 10 day moving average, but the resistance at the top 80.70 is still heavy, and it will also restrict the rise of the US dollar.

But the underlying support is also strong, and the US dollar's big pullback is also hard to come up.

The US dollar's initial support today is between 80.50 and 80.55, and the stronger support is between 80.40 and 80.45.

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< p > the resistance of today's < a href= "http://www.91se91.com/news/index_cj.asp" > US dollar index < /a > is 80.70 to 80.75, and the short-term important resistance is 80.75 to 80.80.

As long as the US dollar callback does not fall below 80, the pattern of the US dollar's medium-term rise will not be destroyed.

If the US dollar index breaks through and stands above 80.70, the space for us dollar to rise will be opened again.

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P tonight, the ECB interest rate resolution and Delaki's press conference, as well as tomorrow's US non-agricultural data in May, can not be overlooked. Our operators must make good risk management when formulating the operation plan, which is an important guarantee for us to survive in this market.

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< p > > a href= "http://www.91se91.com/news/index_cj.asp" > US dollar < /a > today, the short-term operation is mainly based on interval operation, and the stop loss is broken. There are more than 30 profit points to be set up to stop winning. Before the opening of the United States, all the outstanding pactions are withdrawn.

This strategy is suitable for margin and can be taken as a reference.

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< p > US dollar index: it can be high in the 80.75----80.40 interval to sell at a low level (first up in place to sell, first down in place to buy), effectively breaking 20 stops.

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< p > euro / US dollar: we can sell high in the 1.3655----1.3585 interval (first rise, sell in place, buy in the first place), and effectively break 30 stops.

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< p > Sterling / US dollars: we can sell high in the 1.6775----1.6670 interval and sell at a low level (first up, sell in place, buy in the first place), and effectively break 40 stops.

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< p > US dollar / Swiss Franc: we can sell high in the 0.8985----0.8935 interval (first rise, sell in place, buy in the first place), effectively break 30 stops.

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< p > US dollar / yen: we can sell high and sell low in the range of 102.85----102.25 (first rise, sell in place, first fall in place to buy), and effectively break 30 stops.

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< p > Australian dollar / US dollar: we can sell high in the 0.9315----0.9250 interval and sell at a low level (first up, sell in place, buy in the first place), effectively break 30 points.

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< p > US dollar / Canadian Dollar: we can sell high and sell low in the range of 1.0960----1.0880 (first rise, sell in place, fall first, buy in place), effectively break 30 points and stop losses.

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< p > Gold: it can buy at the lower limit of 1251 - 1239, and effectively break the position of 9 US dollars, and the target is in the upper limit of the interval.

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< p > silver: it can buy at the lower limit of 18.95 - 18.65, and effectively break the position of 0.15 US dollars, and the target is in the upper limit of the interval.

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