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Inflation Continues To Improve In Japan, And The US Dollar Has Dropped Sharply.

2014/3/31 17:34:00 13

JapanInflationYenUS Dollar

Last Friday was not beautiful. currency After adjustment, the US dollar index rose slightly, temporarily ending the downward trend for many consecutive days, the commodity currency callback was obvious, and the pound continued to be strong. The US stock market rose sharply on Friday. The Dow Jones Industrial Average closed up 0.36%, at 16323.06 points; the S & P 500 index closed up 0.46%, at 1857.59 points; the NASDAQ [micro-blog] index closed up 0.11%, at 4155.76 points. Gold on Friday adjusted slightly, dropping 0.04% to $1294.30 / ounce.


Last Friday, Japan announced the February. unemployment rate According to the consumer price index data, the unemployment rate in Japan decreased again to 3.6% in February, while in February, the annual rate of consumer price index continued to rise, which was 1.5%, higher than the inflation rate in the previous 1.4%.


At the end of the week, the Ukraine issue showed signs of improvement. The Russian Foreign Minister and the US Secretary of state arrived in Paris and began negotiations on the Ukraine issue. Although the negotiations have not yet seen much success, at least in the attitude, the situation of all kinds of sabre rattling will not happen for a time, so the market has little response. If the situation of the negotiations is going down sharply, the opinions of all sides are quite different from each other, and there has been no coordination. Until then, the risk aversion of the market will rise again.


This afternoon, we need to pay attention to the fourth quarter GDP data of France, Italy and Euro The consumer price index for March, Canada's January GDP data in the evening, Chicago's PMI in March, and Dallas Federal Reserve manufacturing activity index in March.


  Today's operation recommendations:


eurusd


The euro quickly dropped to 1.3700 full price after opening in Europe on Friday. It failed to break down after 1.3700 and then rose again. At last, it still received a slight gain. From the map line of the K-line, the euro hour chart resembles the shape of the head and shoulders bottom, and the resistance above 1.3768 needs to be concerned. Once the 1.3768 is broken, the euro will go up again to test the price of 1.3800. If it fails to break through effectively, the euro will continue to maintain a concussion from 1.3700 to 1.3768. Within days, it suggested waiting for the euro to go up 1.3768, and try to empty the list and stop the loss above 1.3800.


   gbpusd


The strength of the pound last week has been extended, but last Friday's uplink was blocked in 1.6652. From the current strength, the pound has a downward trend today, and the underlying resistance is 1.6588. If the callback is stabilized at 1.6588 today, the pound will go up again. In the 1.6652. days, it is recommended to wait for 1.6588 of the tests, and try to stabilize more than 1.6558.


   US dollar to Japanese Yen


The US and Japan did not show any major fluctuation after the US data release last Friday, but the yen was weak in the late Friday, and exceeded the resistance of 102.55 above the four hour chart interval. If the US and Japan broke through 103.07 in the day, the uplink target would point to 103.35. If 103.07 failed to break through, the United States and Japan would once again explore 102.55 of the price.


   Australian dollar to us dollar


After a long day of strength, the Australian dollar finally showed a small pullback on Friday. The Australian dollar continued its downward trend in early trading today. The target of the short-term downlink test is around 0.9218. If the price falls below, the Australian dollar has the chance to test the price of 0.9165. Within days, 0.9165 of the tests are expected to be stabilized.


   gold


Last Friday, gold was the main shock, and the test of resistance below 1288 could not be broken. If gold could break through 1297 in the day, the price would be tested at 1300 above. If the test failed, the price of gold should be retested below or within 1288. days, waiting for 1297 of the tests.

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