Weekly

Test flag support

2023-04-18

April 18th

Today's amplitude interval

The US economic data is good, coupled with Russia's increase in oil export tax and production reduction, stimulating oil prices and holding global inflation, investors are worried about the Fed again.

In anticipation of continuing to raise interest rates in May, the US dollar returned to 102 level, and the price of gold fell under pressure, falling below 2,000 US dollars. The gold market remains weak, testing out in the middle of last month.

Flag type, the position of the flag tip, that is, 1970 dollars into the next key support. Today's suggested volatility ranges from $1978 to $2003.

Last Friday, a number of American banks announced their satisfactory results, which stimulated the Dow Jones index to rise, and also brought the Hong Kong financial sector to be popular yesterday, plus the mainland stock market.

Rising, the Shanghai Composite Index hit a nine-month high, and a number of mainland brokerage stocks surged by 4% to 8%, making the investment atmosphere more prosperous, with turnover exceeding 13.

6.58 billion Hong Kong dollars, Hong Kong stocks rose for the third consecutive day, and finally the Hang Seng Index closed at 20,782 points, up 343 points or 1.68%.

European stocks are in the wrong direction, and European stock markets are mixed. After the French stock market hit a high, French workers' demonstrations continued, reflecting that low-level workers could not invest in the market.

Benefiting from prosperity is one of the reasons why Macron visited China. French President Macron said that it is observed that the country does not accept the ongoing

System reform, commitment to improve the pension system, and willing to start talks with trade unions. The CAC index in Paris, France fell by 0.28%, and the DAX index in Germany fell by 0.11%;

Britain's FTSE 100 index rose 0.11%.

Last night, the United States released the new york Federal Reserve manufacturing index in April, and the National Association of Residential Builders released the American housing market index in April, both of which were based on data.

Higher than market expectations, economic data boost market sentiment and benefit venture capital; Wall Street's three major stock indexes rose across the board, with the Dow Jones index up 0.3%, with the benchmark

The Standard & Poor's 500 Index rose 0.34%, and the Nasdaq Composite Index rose 0.28%. Sanctions imposed by western countries to limit oil prices, Russia counterattacked, Russia and Russia

Sri Lanka announced that it would raise the oil export tariff to $14.4 per ton from May 1. In addition, the Russian Ministry of Energy said that before 2025, Russia

China's oil production will be cut by 500,000 barrels per day until 2025. According to its explanation, is Moscow this plan to increase the supply of oil reserves?

Should be elastic; But experts believe that it is to make anti-sanctions against western countries. In fact, two major countries in Asia are willing to cooperate with Russia in Russian oil.

When trading, there is no need to have no market to earn foreign exchange!

The gold price continued to be under pressure after approaching the historical high. It had fallen below $2,000 in the early session of the market, and many bulls tried to oppose the jump. The highest price of gold was $2015.1.

However, the high international crude oil price will continue to support global inflation, and the performance of US economic data last night was better than market expectations.

The market again worried about the expectation that the Federal Reserve would continue to raise interest rates in May. After the release of two data, the US dollar returned to 102 level, and the gold price fell under pressure, with the lowest level.

In February 1981, it finally closed at $1995.1, down $9.2.

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