① 14:00 Germany August Quarterly Adjusted Industrial Output Monthly Rate ② 16:00 OPEC releases World Oil Outlook Report ③ 16:30 Eurozone October Sentix Investor Confidence Index ④ 21:00 Federal Reserve Logan delivers a speech ⑤ 21:15 Federal Reserve Director Barr delivers a speech ⑥ The next day 01:30 Federal Reserve Vice Chairman Jefferson delivers a speech
01
XAUUSD Gold
At the golden daily level, one yang ends the nine consecutive yin. Last Friday, gold hit a low and rebounded after the evening data was released. Stone market users gave a low bullish outlook at 1811 to see a bottoming out and recovery, while taking profits at 1817. The happy non farm week has come to an end, and last week's winning streak ended without any damage (see details at the end of the article). The high opening on Monday morning was mainly caused by risk aversion, but the technical breakthrough was not entirely driven by news, but rather the result of the market's early expectations. Currently, we are still looking at low volatility. At the four hour level, the front Bollinger belt is in an opening period, with the MA moving average turning upwards, the MACD gold fork running, and the red kinetic energy column gradually increasing. After the gold passes through non agricultural sectors, the bulls begin to be restless. In fact, the long short transition of the market often occurs at the moment when things turn extreme. Now that we have strongly crossed the 1833-1835 region, the transition from top to bottom will become the divide between long and short this week. If the market fluctuates and rises above this point, then the bulls will continue to rebound. If they rise and fall below 1835 again, it indicates that the bulls have not yet bottomed out in their hedging sentiment rebound. Today, the top focus is on the 1860 line of resistance, while the bottom focus is on the 1835 line of support.
02
XAGUSD Silver
Silver daily line level, reporting on the Yang K line. The current opening of the Bollinger Belt is downward, and the K-line is attached to the MA55 daily moving average. The MACD dead cross continues to increase its volume, and the current K-line is still operating in a downward channel. The MA moving average is arranged in short positions, and the overall trend is still bearish. However, short-term short positions are likely to slow down. At the four hour level, silver is operating at the MA55 daily moving average, with the MA gold cross pointing upwards and the MACD gold cross performing well, showing signs of secondary volume increase. Silver is generally in a low rebound trend. Today, focus on 22.300 line resistance above and 21.500 line support below.
03
USOUSD crude oil
Crude oil daily level, gold needle bottoms out, closing on the positive cross K-line. Also influenced by risk aversion, open high and move high, looking for continuity in the future. At the four hour level, the Bollinger Belt opened downwards, with the MA5 and MA10 daily moving averages pointing upwards. Oil prices extended strongly above reaching 81.50. The MACD golden fork is initially formed, and the red kinetic energy column is gradually released. There is still upward potential for crude oil. Today, focus on 86.00 frontline resistance above and 83.30 frontline support below.
04
EURUSD Europe and America
EUR/USD: The lower limit BUY can be set at 1.0520, with a 40 point stop loss protection position and a target of 1.0635 upper limit.
05
GBPUSD
GBP USD: It can be BUY at the lower limit of 1.2150, with a 40 point stop loss protection position, and the target is the upper limit of 1.2305.
06
AUDUSD
AUD/USD: Can be BUY at the lower limit of 0.6340, with a 40 point stop loss protection position, with a target of 0.6425 as the upper limit.
07
USDJPY
USD/JPY: It can be BUY at the lower limit of 148.60, with a 40 point stop loss protection position and a target of 149.80 as the upper limit.
08
USDCAD
USD/CAD: Sell at the upper limit of 1.3720, protect 40 stop loss positions, and target a lower limit of 1.3620.
