Global Views Summary:
ATFX Tabulation
EURUSD
Figure 1, EURUSD June 10 Daily Line Level -ATFX
ATFX Tabulation
Hook-shaped Theoretical Views:
Latest Hook-shaped: 1.1703~1.2149~1.1985, Retracement Hook-shaped
ATFX Tabulation
Directionality: Trend Thinking
Comprehensive Judgment: From a technical perspective, the market price is already outside the channel line, and the probability of falling is high. 1.2103 becomes an important support level. Only when this price is broken can the room for decline be truly opened. From a macro perspective, we focus on today's US CPI annual rate and the ECB interest rate resolution.
XAUUSD
Figure 2, XAUUSD June 10 Daily Line Level - ATFX
Latest hook shape: 1756~1845~1808, Retracement hook shape
Comprehensive judgment: The technical trends of gold and euro are similar, both form a bottom support after breaking through the channel line. The support level of gold is 1855. If it can break below this position today, the decline space will be opened.
From the macro perspective, we focus on today's US CPI annual rate and the ECB interest rate resolution.
USOIL
Figure 3, USOIL July 2021 contract, June 10 Daily cycle - ATFX
Latest hook shape 57.18~66.98~61.54, Retracement hook shape
Comprehensive judgment: From the technical perspective, the market price touches the upper track of the channel line and will start a downward trend in the future.
From the macro perspective, OPEC+ has not significantly reduced production due to the subsidence of the epidemic, and the US shale oil production has not yet recovered, which is generally more beneficial to crude oil.
Nasdaq 100 Index
Figure 4, Nasdaq 100 Index Daily Level - ATFX
Latest hook shape 12628~14075~12926, Retracement hook shape
ATFX Tabulation
Directionality: Oscillating Thinking
Comprehensive Judgment: From a technical perspective, it is currently entangled near the middle track for a long time. Today, the US CPI data is released. It is expected that the Nasdaq will be affected and close the long negative line. From a macro perspective, the Fed's expectation of interest rate hikes will inevitably cause continuous suppression of US stocks, and it is highly likely that a large decline will begin in the long term in the future.
ATFX Disclaimer:
1. The above analysis only represents the analyst's views. The foreign exchange market is risky, so be cautious when investing.
2, ATFX will not be responsible for any profit or loss that may arise from direct or indirect use or reliance on this information.
This article is from the Financial Network