The Brexit draft is close to completion. The US dollar has risen by 180 points and the US dollar has fallen. US stocks have risen by 100 points and gold has fallen by 20 dollars.

locujw · October 16, 2019

Forex(å¤–æ±‡) - US Dollar Index:

Forex(å¤–æ±‡) analysis of the US dollar was still determined by trade negotiations yesterday. The Asian sell-off caused the downward trend of the US dollar. In the afternoon, the US dollar was once subject to market volatility, and then the market conducted risk-averse operations to cover the US dollar, driving the US dollar price to fluctuate. Then, the economic data of the Eurozone was mixed, and the Euro continued to fluctuate and fell, pushing the US dollar to break the previous day's highest price; the draft of the Brexit was close to a full agreement in the evening, causing the pound to rise sharply and drive the euro to rise, the US dollar The waterfall fell sharply and broke the lowest price of the day. Then, after the trade conflict of the IMF chief economist Gopina Teto, the global GDP growth rate may increase by 0.8% in 2020, once the speculative funds pushed up the dollar, and after midnight. After the buying power weakened, it fell back to the lowest price of the day and ended up falling.
MT4Â observation from the daily level line chart, a long shadow on the shadow of the shadow of the 5 day moving average is blocked, in the case of Brexit and the impact of the pound and the euro, causing the dollar to fall below the 60-day moving average, the short-middle moving average has a downward bend The trend, if you do not return to the 60-day moving average of 98.145 US dollars today, may cause the dollar to expand. In addition to paying attention to the shocks caused by economic data in Europe and the United States, the content of the draft of the Brexit draft between the British Prime Minister and the European Union will be referred to the British Parliament. Once the trial breaks, it will probably cause the pound to rise and push up the US dollar. In the early morning of Thursday, the Fedâ€™s economic Beige Book is pessimistic about the US economy. The market is expected to benefit from the probability of a rate cut, and the US dollar will have a big chance to sell and sell.

Forex(å¤–æ±‡) - EUR/USD:

Forex(å¤–æ±‡) analysis The euro against the US dollar was affected by the fall of the US dollar yesterday. It was in a volatile and early pattern in the morning. In the afternoon, the US dollar suffered a sharp decline in the market adjustment, driving Europe and the United States to surge to break through the previous day's highest price. Then the market worried that the Brexit to replenish the US dollar to drive the gains. It also caused the selling pressure in Europe and America to fluctuate and fall; the draft of the European Union was close to a full agreement in the evening, and the highest price in Europe and the United States was driven by the pounds in the US, and then rebounded by the US dollar, which once again caused a rebound in the US and Europe. After midnight, the resistance zone of the US dollar fell, driving the rebound in Europe and the United States.
From the daily level line chart, the long-term shadow line of the short-spotted candlestick once stepped on the 10-day moving average, and was driven by the Brexit to break the previous day's highest price. The next day, along the 5-day moving average, the short-term moving average The upside or the mid-term moving average is flat. Today, holding the 5-day moving average at 1.1024 to break through the 1.1-day on the 60th, it is likely to have an upward trend. In addition to paying attention to the release of economic data in Europe and the United States today, the content of the draft of the Brexit draft between the British Prime Minister and the European Union will be referred to the British Parliament. Once the trial breaks, it will probably cause the pound to fall, which will drag down the euro, and the nighttime terror data will be released if it is not good. Four early morning, the Fed's economic Beige Book is pessimistic about the US economy. The market expects a good interest rate cut, and the US dollar has a greater downward trend, which will push the big opportunity to rise in Europe and the United States.

Forex(å¤–æ±‡) - Gold:

Forex(å¤–æ±‡) analysis gold was adjusted by the US stock market yesterday. The Asian market saw buying up, until the noon approached the previous day's decline and resistance area, and there was a sell-back callback. In the afternoon, the market worried about the Brexit problem, causing safe-haven buying to push up gold. On the upside, there was a sell-back callback before the $1,500 mark; the evening draft was close to a full agreement, which once caused the gold sell-off sell to fall below the lowest price of the day, and then settled in the trade conflict of the IMF chief economist Gopinath. In 2020, the global GDP growth rate may increase by 0.8%. Once again, the gold stop loss selling pressure fell below 1480 US dollars, and the gold dropped by 21 US dollars from the highest point of the day. After midnight, there was support for buying and horizontal consolidation, and the final decline was done.
From the daily level line chart ofÂ MT4Â observation, the long-sounding candlestick of a spindle line was blocked for 30 days, and it could not be broken after falling below the 30-day moving average on September 25, and the short-middle moving average showed a dead fork. The recent break of the 60-day moving average in the past three days has formed an important resistance. The short-term rush will not exceed the 5 day moving average of 1487.5, which is likely to have a downward trend. Today, I noticed that the Eurozone economic data caused a shock in the afternoon. If the US horror data is not good in the evening, and the British Prime Minister and the EU reach the Brexit draft, the content of the draft will be turned to the British Parliament for a break, which will probably push up the gold trend, but On the early morning of Thursday, the Fedâ€™s economic Beige Book favored the dovish to cut interest rates, driving US stocks to rise, and gold may turn into a downturn again.
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Forex(å¤–æ±‡) - GBP/USD:

Forex(å¤–æ±‡) analysis GBP/USD was in a horizontal arrangement in early trading yesterday. In the afternoon, the US dollar was sharply adjusted by the market adjustment. It once pushed up the trend of the pound and the US dollar. Then the market worried about the purchase of the US dollar to avoid risk, and the pound fell in Europe and America. The US unexpectedly supported the buying and shock consolidation; the draft of the European Union was close to a full agreement in the evening, driving the pound to rise 180 points. As the trade tariffs rebounded, the US dollar returned to the adjustment, and the dollar resistance zone was under pressure after midnight. Going down, there is a push up the pound and the United States came to the high point of the day to sort out, and the final increase was made.
MT4Â observation from the daily level line diagram, a spindle line Changyang candlestick back in the 5-day moving average, the good news from the Brexit draft led the gains, the pound broke through the 240-day moving average and hit a new high price, the short-term moving average appeared upward On behalf of the multi-party trend, but close to this year's high point box-shaped finishing resistance zone, short-term KD indicators appear too much overheating, may cause the pound US callback trend. Today's attention to the UK's economic data released in the afternoon may cause shocks, and the British Prime Minister and the EU reached the Brexit draft will be handed over to the British Parliament for a break, which will likely cause the pound to plummet, and the US released poor terror data. In the early morning of Thursday, the Fedâ€™s economic Beige Book is economically pessimistic, and the marketâ€™s expected increase in interest rate cuts may cause the dollar to fall, and there is a chance to push the pound to rebound.

Forex(å¤–æ±‡) - USD/JPY:

Forex(å¤–æ±‡) analysis USD/JPY was in a shock consolidation trend in early trading yesterday. In the afternoon, the market worried about the Brexit incident and once again saw safe-haven buying to buy the yen. As a result, the US and Japan showed a downward trend, followed by support buying before 108 yen. Driven by the rebound; the draft of the European Union was close to a full agreement in the evening, causing the safe-haven funds to sell the yen, driving the US and Japan to rise to the recent high price. After midnight, the shocks were sorted around the high point, and the final gains were made.
MT4Â observation from the daily level line chart, the next shadow line Changyang candle in the back to step on the 5-day moving average, due to the Brexit good cause of the safe-haven yen selling, pushing up the US and Japan to create new high prices, the short-term moving averages appear upward trend Recently, there has been a strong multi-party trend along the 5-day moving average. In the short-term, the KD indicator has been overheated. It is noted that the recent continuous rise may result in a decline in profit selling pressure. Recently, the Brexit theme speculation has been boosted by speculative funds. The US and Japan signed a trade agreement this month to favor the yen. Note that the British Prime Minister and the EU will reach a conclusion that the draft of the Brexit will be handed over to the British Parliament for a break and a big opportunity to speculate. The profit-taking sell-off caused the US and Japan to fall. If the Fed's economic Beige Book on Thursday is pessimistic about the economic data, it may be good for the stock market to drive the US and Japan to rise.

Forex(å¤–æ±‡) - Crude Oil:

Forex(å¤–æ±‡) analysis crude oil was sold in the Asian market in early trading yesterday. It was in a volatile and declining pattern in the morning. It stopped falling around $53 at around noon. In the afternoon, OPEC Secretary-General said that the implementation rate of OPEC and its allies was 136%, driving oil prices. There was a rebound, until the market worried that the Brexit stock market in Europe and the United States, selling pressure, dragged down the price of oil, a sharp drop of 1 US dollar; late in the vicinity of 52 US dollars to support buying to drive up, until the transfer of the European draft is close to a full agreement, Europe and the United States stock market The upward trend also led the oil price to break through the highest price of the day, and then oscillated before the resistance zone in the previous day. After midnight, the US Energy Information Administration (EIA): It is estimated that US shale oil production will increase by 58,000 barrels per day in November, resulting in oil prices. The selling sell-off again fell below $53 and ended up falling.
MT4Â observation from the daily level line chart, a spindle line of the black candlestick was blocked by the 5-day moving average, the US shale oil production increased the selling pressure fell below the previous day's lowest price, the short-term again back to 10 out of the bottom of the $ 52, Two black candlesticks swallowed up the positive trend of the positive candlesticks last week. If they fall below the 52 dollars due to the review of the draft Brexit, they may cause a larger downward trend. Recently, trade tariffs and oil-producing countries cut their production to boost their gains. However, US officials seem to push up shale oil to lower oil prices in order to boost economic growth. Today, we still need to pay attention to whether the draft of Brexit can be passed to the House of Commons. If it is rejected again, it will cause a big drop in the stock market to drag down the oil price, while the US retail sales data has not yet returned to growth. If the oil price falls below 52 US dollars, it will likely increase the downward trend.