European Currency Rebounded And Commodity Currencies Failed To Recover.

Yesterday, the overall decline of precious metals occurred, although the overall decline is not so surprising, but there has also been a big decline.

From the performance of precious metals, it is easy to see that the market is better than the US dollar, and worries about future inflation are also decreasing.

This trend will help.

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By consolidating the current overall rally, the US dollar will continue to rise to other currencies as a whole, even if the initial unemployment rate is not good enough.

From the operational point of view, the decline of precious metals will have a more adverse impact on commodity currencies and yen. Therefore, we should pay more attention to the drop opportunities of these varieties in operation.

However, due to the poor two consecutive employment figures in the United States, the difficulty of US dollar inflation is increasing, and the space for short-term rise should also be affected.

In consideration of

The latest speech has shifted the topic to the euro zone government side, so it is expected to temporarily dispel the worries of the market. European currency is expected to stop and start a small rally, but there will be limited space, so there is no need to overlook it.

In addition, in the process of differentiation, crossover will also have a relatively large change. The short term should also pay more attention to the rising opportunities of European currencies and commodity currencies.

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If the Scotland referendum can really go out alone, it will have an impact on the whole of Europe. First of all, the British economy will be severely hit, and the withdrawal of investment funds and the debt problems faced and the use of currencies are all very important. If the referendum fails, the market will continue to hype the expectation of raising interest rates.

For gold, the trend has been down, breaking the support position, and 1240 will be the last defensive line. Once the position is broken, there will be a pattern of exacerbation, but if 1240-1250 can do the bottom, there will be a slight rebound trend.

The daily chart continues to lower the shadow line. Yesterday's late market continued to fall. Today, we need to pay attention to 1250-1253 of the pressure range. There will be a rebound in the European market or the US disk, and the 1 hour chart will continue to be depressed by the 28 and 55 average overnight. However, the decline has slowed down compared with the previous one. Today, the Asian market is going to have a slight negative trend. This form is prone to fall quickly after a rapid decline and break through 1253. It will run to 1261-1265. Within days, we can establish more than one single, stop loss 1243, break through 1253, catch more, reach 1261, move up the stops to the entry point, and target 1263-1265.