【U.S. Dollar Index】
In terms of the U.S. dollar index, the U.S. dollar index price generally showed a decline on Wednesday. The price rose to a high of 106.416, a low of 105.844 and a close at 105.915. Looking back on Wednesday's U.S. index price performance, the short-term price was directly under pressure after the morning opening, and then the market has been maintained above the four-hour key support, and the price continued to fall under pressure after the European market fell below, and the final close was also the end of the negative line as scheduled, the current U.S. dollar index overall bears are expected to continue, the short-term temporary focus on the 106.10-20 range resistance, the price is in place after the layout, the following short-term focus on the 105.50-105.10 area, the follow-up focus on the U.S. index daily line support to determine whether the price can continue is the key, and we will further analyze it in real time after the follow-up price is in place.
The U.S. index is in the range of 106.10-20, defending $5, and the target is 105.50-105.10
【Gold】
In terms of gold, gold prices generally showed a sharp decline on Wednesday, with the highest price of the day rising to 2395.44 and the lowest falling to 2354.37, closing at 2361. Looking back on the performance of the gold market on Wednesday, the price was under pressure in the short term after the morning open, and then the price relied on the four-hour support to test the upper edge of the shock again, and continued to be under pressure near the upper edge of the week after the European market. At present, look at the follow-up gold overall bearish treatment, the upper part of the temporary focus on the four-hour resistance 2378-2380 range resistance and 2395 resistance, the following 2350 area and daily support 2335 position, if the price follows up if the daily support is expected to further carry out the daily level adjustment and test the weekly support, so we are temporarily cautious about the market in the near future. After the price reaches the daily support, we will make a detailed analysis.
Gold 2378-80 range is empty, defense 10 US dollars, target 2350-2335 (follow-up attention to the daily 2335 gains and losses)
【Europe and America】
In Europe and the United States, prices in Europe and the United States generally rose on Wednesday. The price fell to a low of 1.0605 and rose to a high of 1.0679 and finished at 1.0672. Looking back on the performance of the European and American markets on Wednesday, the price was directly supported in the short term after the morning open, and then the price stood at the four-hour level of 1.0630 during the European session. Finally, yesterday's big yang state ended, and the follow-up focus on the price further continued, temporarily focusing on the support of the 1.0640-50 range in the short term, and the layout after the price was in place, and the upper part was concerned about the 1.0690-1.0740 area.
Europe and the United States 1.0640-50 range more, defense 40 points, the target 1.0680-1.0740
【Today's key economic data and events】Thursday, April 18, 2024
(1) 07:15 Fed Governor Bowman participates in a fireside chat
(2) 09:30 Australia's seasonally adjusted unemployment rate in March
(3) 14:00 Swiss trade balance for March
(4) 14:00 The State Council Information Office held a press conference
(5) 16:00 Eurozone seasonally adjusted current account for February
(6) 20:30 U.S. initial jobless claims for the week ending April 13
(7) 20:30 US Philadelphia Fed Manufacturing Index (April).
(8) 21:05 Fed Governor Bowman speaks
(9) 21:15 Fed Williams speaks
(10) 22:00 Total U.S. existing home sales in March annualized
(11) 22:00 Conference Board Leading Indicator MoM (March).
(12) 22:00 UN Security Council convenes a ministerial-level meeting on the Middle East
(13) 22:30 U.S. EIA natural gas inventories for the week to April 12
(14) 23:00 Fed's Bostic speech on the economy
(15) At 05:45 the next day, Bostic of the Federal Reserve speaks
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.