【U.S. Dollar Index】
In terms of the U.S. dollar index, the U.S. dollar index price generally showed a decline on Tuesday. The price rose to a high of 106.216, a low of 105.586 and a close at 105.672. Looking back at the price performance of the U.S. index on Tuesday, the price was under short-term pressure after the morning open, and then the market was under pressure again after the market shock, and the daily price ended in a negative state. At present, the price is close to the daily support of 105.50 position, and the follow-up is expected to break further, once the price actually breaks, the U.S. index daily line decline market is about to open a follow-up test of the weekly support 104.30 area, short-term temporary focus on the 105.80-90 range resistance, the price is in place after the layout, the following focus on the 105.50 position, after the short-term focus on the 105.20 area.
The U.S. index is short in the range of 105.80-90, defending $5, and the target is 105.50-105.20
【Gold】
In terms of gold, gold prices generally showed a sharp fluctuation on Tuesday, with the highest price of the day rising to 2334.31, the lowest falling to 2219.27, and closing at 2321.95. Looking back on Tuesday's gold market performance, after the morning opening after the short-term correction of the price directly under pressure to fall, and then the European market continued to fluctuate, gold rose rapidly again during the U.S. market, from the high point of yesterday evening's price rise is still below the morning low, and the daily line finally ended in the negative. At present, the price has broken through the daily support, and the follow-up overall focus will continue to pay attention to the 2352 daily line resistance position under pressure and start the daily level decline. At the same time, yesterday's high of 2334 is also a key resistance position, if the current price continues to be under pressure at 2334, it is expected to fall again, even if it is unexpectedly broken, then it will be under pressure again in the 2352 area. Continue to pay attention to the 2270-2230-2170 area below.
Gold is short in the range of 2330-31, defends $10, and targets 2270-2230-2170 (if it accidentally tests the 2352 position, it will remain empty)
【Europe and America】
In Europe and the United States, prices in Europe and the United States generally rose on Tuesday. The price of the day fell to a low of 1.0638, rose to a high of 1.0710 and finished at 1.0701. Looking back on the performance of the European and American markets on Tuesday, the price fluctuated in the short term after the morning opening, and then the price rose rapidly in the European market, and it continued again after the U.S. market, and the daily level of the big yang ended. At present, the price has touched the daily watershed at 1.0710, and the overall price is expected to stand further upward after the daily watershed, so on the whole, we are more likely to deal with the dip layout, and today will temporarily focus on the 1.0670-80 range support, and the upper focus on the 1.0720-1.0750-1.0790 area.
Europe and the United States 1.0670-80 range, 40 points of defense, the target 1.0720-1.0750-1.0790
【Today's key financial data and events】Wednesday, April 24, 2024
(1) TBD U.S. Secretary of State Antony Blinken's visit to China
(2) 09:30 Australian Q1 CPI YoY
(3) 09:30 Australia's non-seasonally adjusted CPI YoY in March
(4) 16:00 Germany IFO Business Climate Index (April).
(5) 16:00 Switzerland ZEW Investor Confidence Index (April).
(6) 18:00 UK CBI Industrial Orders Difference (April).
(7) 20:30 Canada Retail Sales (Feb).
(8) 22:30 U.S. EIA crude oil inventories for the week to April 19
(9) 22:30 U.S. EIA Cushing crude oil inventories for the week ending April 19
(10) 22:30 EIA Strategic Petroleum Reserve inventories in the United States for the week ending April 19
(11) At 01:30 the next day, the Bank of Canada released the minutes of its monetary policy meeting
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.