At present, the global economy is in a phase of simultaneous stagnation, with the EU's growth momentum slowing substantially, while some emerging economies have experienced zero growth and even contracted. There may be further recessionary crises in the future. The Bloomberg analysis also mentions that before the year's end, the global economy will face a decline in manufacturing due to disruptions in trade, an increase in geopolitical uncertainty and the risk of corporate profits. Although global economic data are generally weak, fears of the impending global recession seem too early, so we can see that US employment data has remained strong in recent months, the unemployment rate has remained at historic lows and the Wage income has continued to rise. Maintaining healthy household expenses.
Today (15th), the International Monetary Fund (IMF) and the World Bank Annual Meeting are launched in succession, and the market expects these two international institutions to re-examine forecasts of global economic growth. After China-US trade reached a gradual agreement last week, the US Treasury will issue a semi-annual exchange rate report this week, possibly overturning China's wording as a currency manipulator.
Forex Technical Analysis (Gold XAUUSD):
Today's foreign exchange gold analysis (October 15) early morning at 1493.3 US dollars / ounce, from the technical analysis, the 1-hour level observation trend is not large, the bottom of the fifth paragraph of the structure can be completed and obtained The weaker dollar gives gold a passive upward move, giving it a chance to continue rising.
Currently, the short-term print area is around $ 1500 to $ 1501 / oz, the downside, the initial support range is $ 1488- $ 1489 / oz, the operating mentality is mostly short, and investors wishing to enter the market are short-term to take action may consider the 1493 US dollars ounce. For the $ 1495 / ounce purchase price in the Light Warehouse, the set stop-loss point for MT4 may be considered below $ 1491 / ounce.
Forex technical analysis (EUR / USD EURUSD):
Today's Euro / Dollar FX Analysis (October 15) Early in the morning at 1.10234, cut off from technical analysis, yesterday's (14th) 1-hour observation trend predicted that the rebound rate is not as expected, the main reason being more Chips as the current key breakthrough point (yellow circle in the image), so there is a chance to stand firm and enter the ascending stage.
Currently, the pressure range above the short-term line is 1.10600 ~ 1.10630, the downlink direction, the initial support interval at 1.10150 ~ 1.10180 and the operating mentality is mainly short. Investors who want to enter the market to get shorter and shorter should consider buying between 1.10300 and 1.10330. MT4 sets the stop-loss point to be less than 1.10220.
Forex technical analysis (GBP / USD GBPUSD):
Today's GBP / USD Foreign Exchange Analysis (October 15) Early in the near 1.26297 period, the technical trend to observe the 1-hour line level of yesterday's (14th) outlook, however, is in the afternoon Kingdom published. More attention needs to be paid to market volatility in order to be able to go up and continue to make downward revisions.
At present, the pressure range above the short-term line is at 1.26850 ~ 1.2696, the downside, the initial support range at 1.25300 ~ 1.25350, and the operating mentality is primarily short-term. Investors wishing to enter the short-term market should invest in Consider buying between 1,26200 and 1,26250. MT4 sets the stop-loss point so that the setting is above 1.26350.
Forex Technical Analysis (NZD / USD NZDUSD):
Today's NZD / USD Foreign Exchange Analysis (October 15) Near to 0.62996, as measured by the technical analysis, the trend to observe the 1-hour line level matches yesterday's (14th) retreat correction and then rises again. Now it's clear that the chip is going up The big-boxed model is in shock, giving it a chance to keep climbing.
Currently, the pressure range above the short-term line is at 0.63400 ~ 0.63450, the downlink direction, the initial support interval at 0.62850 ~ 0.62880, and the operating mentality is mostly short. Investors wishing to enter the market for a short time should consider buying between 0.63050 and 0.63090. MT4 sets the stop-loss point to be below 0.62990.
Forex Technical Analysis (Nasdaq Nas100):
Today's Forex Nasdaq Analysis (October 15) Early in the morning at 7849.0, cut out of the technical analysis, the 1-hour line-watching trend continued to rise, then back off a small correction, once again slowly approaching the support interval So, the current high-level shock soared to The chance has risen again.
Currently, the pressure range above the short-term line is 7905 ~ 7915 points, the downlink direction, the initial support interval at 7760 ~ 7770 points, and the operating mentality is mostly short. Investors wishing to enter the market for a short time may consider buying in the range of 7840 to 7850. In, it can be assumed that the set MT4 stop-loss point is below 7825.
Today's currency key data (data name / importance / previous value / expected):
1. China's September CPI annual rate / three stars 2.8% / 2.9%
2. Monthly CPI rate for France in September / three-stars / -0.3% / -0.3%
3. Unemployment rate in the UK in September / three stars / 3.3% / —
4. Number of applications for unemployment in the United Kingdom in September (10,000 persons) / three stars / 2,82 / 2,79
5. UK LLO unemployment rate for three months in August / three stars / 3.8% / 3.8%
6. Germany October ZEW Economic Prosperity Index / three stars / -22.5 / -27.3
7. ZEW Economic Climate Index for October of the Eurozone / three stars / -22.4 / —
8th US New York Fed Manufacturing Index in October / three stars / 2/1
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