【U.S. Dollar Index】
In terms of the U.S. dollar index, the U.S. dollar index price showed a decline on Monday, with the highest price rising to 104.413 on the day, the lowest falling to 104.071, and closing at 104.113 in the evening. Looking back on Monday's market details, the price fell again after the short-term shock after the morning open, and closed near the lowest position, the daily level of the negative line state ended, from the overall point of view this week need to pay attention to the weekly support 103.70 position gains and losses, if the price breaks down, it is expected to further continue, the upper short-term focus on the 104.35-45 range resistance, the price in place after the layout can be. The current 103.70 level will continue to open the downside after the break, otherwise it will continue to fluctuate.
The U.S. index is in the range of 104.35-45, defending $5 and targeting 103.70
【Gold】
In terms of gold, gold prices generally rose on Monday, with the highest price of the day rising to 2353.77, the lowest falling to 2302.82, and closing at 2338.84. Looking back at the performance of the gold market on Monday, the price fell rapidly in the short term after the morning open, and then found support above the four-hour support, and then the price hit a record high again, and continued to fluctuate during the European and U.S. markets. In the future, we need to pay attention to the further upward trend of prices. The daily support is currently in the 2245 area, and the gains and losses of this position determine the medium-term trend of gold. Recently, as the price has maintained a strong rise in the four-hour support, it is temporarily focused on the four-hour 2319-2320 support to see the upside, and the upper side is concerned about the 2360-2380 area. At present, the price does not break the four-hour support, and it can continue to be laid out in the way on the right.
Gold is in the 2319-20 range, $10 defensively, and the target is 2360-2380
【Europe and America】
In Europe and the United States, prices in Europe and the United States generally rose on Monday. The price fell to a low of 1.0820 and rose to a high of 1.0861 and finished at 1.0858. Looking back at the performance of the European and American markets on Monday, the price fluctuated in the short term after the morning opening, and then rose after the U.S. market. If the price breaks through the daily resistance now, the daily resistance becomes the current key support area. In the short term, focus on support in the 1.0830-40 range for the time being, and the 1.0870-1.0900-1.0940 area above.
Europe and the United States 1.0830-40 range more, defense 40 points, the target 1.0870-1.0880-1.0940
【Today's key economic data and events】Tuesday, April 9, 2024
(1) 14:45 France's trade balance for February
(2) 18:00 US NFIB Small Business Confidence Index (March).
(3) At 00:00 the next day, the EIA will release its monthly short-term energy outlook report
(4) 04:30 the next day, API crude oil inventories in the United States for the week to April 5
Note: The above is only a personal opinion strategy, only for review and exchange, does not give any investment advice to customers, has nothing to do with customers' investment, and is not used as the basis for placing orders.