every holiday on Monday, U.S. and European markets, the dollar index is slightly below the finishing in 80.01, and 80.50-79.50 K line was convergence between the triangular situation, outlook and variable probability increased sharply, because here is more balanced, so both the upper and lower there is room, investors will determine the future direction of fundamental factors.
euro dollar
Monday debt crisis did not because the EU leaders reached agreement fundamentally changed, with strong principles, but no specific protocol implementation details, so that member states implementation is varied, while the 17 countries in the CD is a German dominance, 13 euro a small country’s total GDP is not their single country, Germany now does not appear the slightest crisis symptoms, so it’s words and ideas, only in its favor and to his country terms, such as boots take along every itch. The daily chart shows, holed up in Europe on Monday under the 10 day moving average, while the 5-day moving average of the simmering dispute over the competition but the market outlook once the two lines formed Sicha, multi-city will once again fall into Diukuixiejia fear of loss.
trading strategy: Short selling by, support at 1.3035,1.2980;
Zha and more, the resistance at 1.3080,1.3130;
spectators, multi deliberately, deliberately suppressed the short side.
USDJPY
Monday, Brown Brothers Harriman, said the first quarter of 2012 demand for the yen as a safe-haven currency will show a strong sought after by investors, is expected to hedge the yen will continue to maintain its position in the Group of Ten currencies will be one of the best performing currency, while Japanese authorities can not achieve its recycling current account surpluses, these factors will drive the yen again strengthened. The daily chart shows, the U.S. and Japan on Monday continued downward adjustment of the exchange rate drifted away from the 5 and 10 day moving average, between the Christmas holidays in Europe and America were closed by the impact of long and short trading cautious, short-term market outlook, the dominant parties.
trading strategy: Short selling by, support at 77.80,77.25;
Zha and more, capped at 78.10,78.65;
wait and see who the short side dish attempted to test 30-day MA support, multi hold 10 day moving average is sticking.
foreign gold
Monday whether the U.S. economic recovery continues to improve, so that investors are worrying about, because if so, would appear to go the United States refers to the rise in the gold weak situation, there may be 2012 gold vulnerable species, and may be able to turn strong to the end, of course, depends on the level of risk appetite in terms of. The daily chart shows a slight narrowing of the gold on Monday at 5-day moving average near the face of 200-day moving average and 10-day moving average resistance under the pressure, the latter is a multi-faced numerous obstacles, if bad will suffer relentless fight against the short side. Tuesday there will be 12 U.S. Richmond Fed manufacturing index, the U.S. Conference Board consumer confidence index 12 and U.S. 12 Dallas Fed index of manufacturing output announced the general treatment.
trading strategy: Short selling by, support at 1595,1575;
Zha and more, the resistance at 1612,1656;
spectators, gold under the average system, tend to sell into rallies.
