【U.S. Dollar Index】
In terms of the U.S. dollar index, the U.S. dollar index price was generally volatile on Monday. The price rose to a high of 106.372, a low of 105.954 and a close at 106.105. Looking back at the price performance of the U.S. index on Monday, the price rose again after a short-term correction after the morning open, but the overall strength of the price was weak, and the evening price closed near the morning opening price, and the daily level price ended in a cross-like state. In view of the current U.S. index high continues to fluctuate, because the current weekly line is short, the daily line is long, four hours and one hour continue to fluctuate, so for the time being, the U.S. index needs to be cautious, temporarily pay attention to the daily support gains and losses, the position is to focus on the 105.40 area support, four hours to temporarily focus on the 105.70 area, we can temporarily compromise the 105.50-60 period to support the upside, and then pay attention to the price upward strength to make further decisions. If the price subsequently breaks through the daily support, it is expected to fall in a wave, and continue to be treated by bulls if it does not break.
The U.S. index is in the range of 105.50-60, defending $5, and targeting 106-106.30
【Gold】
In terms of gold, gold prices generally showed a sharp decline on Monday, with the highest price of the day rising to 2388, the lowest falling to 2324.65, and closing at 2327.01. Looking back on Monday's gold market performance, the price fell directly under pressure after the morning open, and then the price has remained weak, and before the U.S. market price fell below the daily long and short watershed, the U.S. market continued to decline again, from the overall gold current daily level decline has been opened, and then we treat the high layout short, due to the price accelerated again during this morning, but the current cautious short chase, temporarily focus on the daily resistance 2350-2355 range resistance, and then wait for the price to touch this area and then further layout, the following is to focus on the 2300-2270-2170 area, the follow-up weekly level support area is the key。
Gold 2350-2355 range is empty, defense 2360, target 2300-2270-2220-2170
【Europe and America】
In Europe and the United States, prices in Europe and the United States generally rose on Monday. The price fell as low as 1.0623 and rose as high as 1.0670 before closing at 1.0653. Looking back on Monday's European and American market performance, the price short-term support after the morning open, but the continuation is poor, the follow-up has been sharply shocked, the daily level closes to see the price biased towards the end of the cross, due to the current European and American daily resistance in the 1.0710 area, so for the time being, continue to wait for the price to follow up after the shock can be under pressure again is the key, and at the same time, for the price in recent days to maintain four hours of key maintenance up and down shocks, so the follow-up temporarily pay attention to the daily resistance position under pressure. If the price continues to be under pressure, it will still maintain a downward trend, and if it stands up, it is expected to start a wave of correction market, and the follow-up will focus on the gains and losses of daily resistance.
The EURUSD 1.0710-20 range is empty, defending 40 points, targeting 1.0650-1.0620
【Today's key financial data and events】Tuesday, April 23, 2024
(1) 15:15 France's preliminary manufacturing PMI in April
(2) 15:30 Germany's preliminary manufacturing PMI (April).
(3) 16:00 Eurozone preliminary manufacturing PMI for April
(4) 16:30 UK manufacturing PMI (April).
(5) 16:30 UK services PMI (Apr).
(6) 21:45 US preliminary S&P Global Manufacturing PMI (April).
(7) 21:45 US preliminary S&P Global Services PMI (April).
(8) 22:00 U.S. total new home sales annualized in March
(9) 22:00 US Richmond Fed Manufacturing Index (April).
(10) 04:30 the next day, API crude oil inventories in the United States for the week to April 19
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.