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Li Yingchen: The Rhythm Of Foreign Exchange Market Consolidation Continues.

2014/6/4 16:29:00 27

Li YingchenForeign Exchange MarketMarket Quotation

   US dollar index :


The US fingers continued the recent rush. On the daily chart, the moving average system has been transferred to the upward alignment. Dow's high point resistance 80.55 has been successfully punctured, and the kinetic energy of the bull's head is still strong. If we can stand firmly above this position, the rising space of the US index will be further opened. The main trend of the 4 hours is upward, but no good secondary trend adjustment has been made on the way. It is expected that the US index will continue to rise after a small adjustment, and will continue to maintain the idea of seeing the vulnerable and non US currencies.


   Euro currency:


The euro challenges the low point ahead, but there has been no further fall. The daily graph average line system is short, and the next strong support is at 1.3475. The euro still has broad downward space. In the 4 hours MACD, the angular deviation signal was obvious, and the resistance of the downward trend line was also slightly increased. Short term euro continued strong rebound trend, but still need to be cautious before making up 1.3670 resistance.


   Pound After low rebound, maintain consolidation trend. Graphic Referred from Reuters Exchange rate The support system of the EMA has fallen. The signal of the weakening of multiple kinetic energy has caused the downward adjustment of the pound. Short term exchange rate has gone out of the possibility of structural adjustment of ABC, but the pound still has the power to continue to decline, challenging the 1.6550 front-line. At present, we can watch Sterling cautiously, but the premise of shorting is that we must once again see the strong short kinetic energy burst.


   Commodity currency:


The United States and Canada continue to adjust the low rebound rate before this, and the trend of large class high position is still continuing. The daily graph average line system has been suppressed, but the last 3 trading days have continued to receive a small line, showing a certain rebound. The 4 hour oscillation rhythm is still obvious. After this wave of rise, MACD has entered the stage of multi head kinetic energy filling. Today, we are concerned about the high resistance of 1.0940. If the United States and Canada can successfully break this position, there will be more opportunities for further entry.


   Asian currencies:


The United States and Japan broke through 102.35 of Dow's high resistance and then speeded up. On the daily chart, the exchange rate failed to get rid of the rhythm of the secondary trend adjustment, and continued to run the correction trend. The 4 hour map average system will be re formed, but the short term US Japan shock will continue. The main and objective directions of the hourly charts are all upward. At present, they face 103 resistance to high points. Today, there are still opportunities for us to play more games in the US and Japan. The effective stop loss is 102.20 and the target is 103.60.


  

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