Wednesday the U.S. economic recovery outlook is “depressed”, in addition to the ECB rate hike is expected to close on Thursday, the U.S. dollar as “the eggplant Shuangda” — too tired to.
Bernanke on Wednesday said that despite the moderate economic recovery, but recovery has been uneven in various fields, the Fed should be committed to medium-term price stability and maximum employment, the dual policy of stick to it. My opinion, the liberal policy, the U.S. dollar depreciation of the “different kind of crunch”, the economy will not be good to go, there can be no talk about the expansion of employment, while maintaining price stability is empty talk, declining purchasing power and Inflation is expected to approach, how to stabilize the price of it? Su Huanguo Lai’s emerging economies will soon wave of price increases caused by inflation back to the United States, raised outside the adult “ inflation ” This big guy, eventually will return American society. . .
EUR USD
Chinese officials Wednesday, the author shows, in order to avoid excessive dollar assets held by the economic and political risk, currency diversity, the use of foreign reserve and leveraged will be the next choice, which suppressed the dollar and raise the euro, Europe and America in the sun to close Zeyi perfect. The daily chart shows that 5 day moving average on Wednesday in Europe and America to regain the support of the exchange rate increased the slope morphology intact, the legendary 1.4701 imminent, but Looking ahead, 1.4823 resistance level of deep, high stage has now, long and short toss-up. Thursday will be the German trade account, seasonally adjusted 4, France 4, and the euro zone trade account, seasonally adjusted first-quarter GDP revised value of the public, concern.
trading strategy: short selling persons, support at 1.4660,1.4615.
Zha more persons, resistance at 1.4695,1.4750.
lurkers, ECB rate hike before the resolution, the exchange rate show a good tendency.
dollars and yen
Federal Reserve Chairman Ben Bernanke acknowledged on Wednesday the slow economic growth, and for a potential U.S. economic growth well below trend, the lenient policy still continue to need, the yen has been lifted slightly, then slightly softer U.S. and Japan. Daily chart shows that the amplitude decreases United States and Japan on Wednesday, 5-day moving average resistance become a reality, having a long and short fight, the direction is difficult to clear.
trading strategy: short selling persons, support at 79.95,79.50.
Zha more persons, resistance at 80.35,80.80.
lurkers, dollars and yen patients suffering from younger brother, a record low of depression.
Exchange gold
Yao City on Wednesday, gold futures weakened, the stock market around the good performance of the gold sharply lower hedging demand, coupled with high profit-taking Handicap gradually increasing, paving the way for the market outlook, gold shot up. The daily chart shows that large differences in long and short of gold on Wednesday, gold was tested 5, 10-day moving average support, but also was trying to hit a new intraday high, but the 1555 level of resistance is like a piece of ice, the heat did not seem to be able to multi- the melt.
trading strategy: short selling persons, support at 1535,1516.
Zha more persons, resistance at 1555,1578.
lurkers, gold trend does not make sense, and grasp the rhythm to follow the trend.
