Home >

Wu Peng: The ECB Is Not As Easy As Expected, The Euro Pressure Is Sharply Reduced.

2014/9/19 21:48:00 21

Wu PengECBEuro

In August, the total number of new housing starts in the United States was 956 thousand lower than the previous value of 1 million 117 thousand, with a monthly rate of -14.4%. In August, the total number of construction permits was 998 thousand lower than the previous value of 1 million 57 thousand, with a monthly rate of -5.6%.

In early September 13th, the unemployment rate was 280 thousand lower than the previous value of 316 thousand and the expected 305 thousand. In September 6th, the unemployment rate was 2 million 429 thousand lower than the previous value of 249.2 and the expected 2 million 470 thousand.

The recovery of the real estate market is still not stable, and the recovery of the labour market is still continuing.

But after QE withdrew, the Federal Reserve provided financial support to the real estate industry.

The European Central Bank announced that the first round of TLTRO in September was 82 billion 600 million euros, less than the expected value of 1000~3000 billion euros, and that the euro zone's easing efforts were weaker than expected.

The Japanese government has revised the overall economic assessment, saying that the economy is recovering moderately, while some sectors are weak.

Today's data: 20:30 Canadian CPI August, 22:00 U. S. August chamber of Commerce leading indicator month rate.

  

Euro dollar

The euro closed slightly yesterday, while the euro zone's easing is not as good as expected, which has lifted the euro. The previous 1.2900 resistance has once again been pformed into support.

The 4H level RSI is near 50, MACD is the positive column, the overall energy stability is relatively strong, and the medium-term average line will suppress the exchange rate. If the 1.2927 resistance is broken, the euro will have a larger space adjustment.

Support: 1.2855 resistance: 1.2950, 1.3000, 1.3150.

Operation suggestion: 1.2855 more nearby, stop loss 40 points, target 1.3000.

  

gold

Gold yesterday closed slightly, gold hit the annual low point began to rebound, today's Asian disk time in the 1218-1228 range concussion.

At 4 hours, the long line of the shadow line is drawn, RSI is below 50, MACD is positive, and the overall energy is weaker and the relative energy is stronger.

Support: 1215, 1222 resistance: 1227, 1235.

Operation suggestion: wait and see.

  

US dollar yen

The US and Japan rose slightly yesterday. Today, the Asian market has gone up again, the highest point is 109.45, and the key resistance 108.83 has been broken up. The yen is weakest in the non US currencies.

The 4H level RSI combination is in 70-80, the Japanese yen continues to overbuy, MACD assumes the positive column, the energy maintains the strength.

Support: 108.33, 108.83 resistance: 111.50.

  • Related reading

Quanzhou Plate Highlights The Money Making Effect, Since September, Stocks Rose More Than 1.

Expert commentary
|
2014/9/19 0:25:00
35

Yi Xianrong: Will There Be A Major Adjustment In The Current Monetary Policy?

Expert commentary
|
2014/9/18 20:33:00
18

Shi Jun: Interest Spread Before The Market Is Like A Frightened Bird.

Expert commentary
|
2014/9/17 22:34:00
16

Shi Jun: US Dollar High Volatility Commodity Five Days Lian Yin

Expert commentary
|
2014/9/15 19:19:00
25

Li Yingchen: Commodity Currencies Continue Weak

Expert commentary
|
2014/9/14 21:10:00
27
Read the next article

Alibaba Listed Soon, The NYSE Hot Three Ways Can Buy Ali Stock

In July and early September, we conducted two systematic stress tests on exchanges and brokers in response to the needs of Alibaba listing. The trading system is ready to deal with the large number of pactions brought about by Alibaba's first day listing.