【U.S. Dollar Index】
In terms of the U.S. dollar index, the U.S. dollar index price generally showed an upward trend on Monday. The price rose to a high of 105.96, a low of 105.398 and a close at 105.786. Looking back on Monday's U.S. index price performance, the price fell rapidly under short-term pressure after the morning opening, and then the price fell all the way to the daily and weekly support area, and the short-term stopped rising after the European market, and then as the author said, the price soared again, leaving a long downward lead below the price on the daily line, and the price stepped back on the daily and weekly support areas, and then continued to pay attention to further upward attacks, and the price will only fall after breaking through the weekly support, otherwise it can be treated as a trading method on the right side for the time being. The focus below is on support in the 104.40-50 range today, and the 106-106.50 area in the topside.
The U.S. index is in the range of 105.40-50, defending $5, and targeting 106-106.50
【Gold】
In terms of gold, gold prices generally rose on Monday, with the highest price of the day rising to 2338.38, the lowest falling to 2318.4, and closing at 2331.58. Looking back on Monday's gold market performance, the price fell under pressure in the short term after the morning open, and then the price short-term hit the low point of last Friday and then soared again, the price tested yesterday's 2338-2341 range as scheduled, and the price touched the U.S. market after the rapid decline and re-test the intraday low, from the final close to see the price of the positive line ended, but the upper and lower left a lead, indicating that the market as a whole is still biased towards shock. At present, the weekly resistance is in the 2338-2342 range and the 2368 area, the daily support is in the 2327 position, the daily resistance is in the 2338-2342 range and 2368, the current daily and weekly resistance resonance, four hours to temporarily pay attention to the gains and losses on the edge of the downward trend line, the price is still bearish, but once the price breaks down, it is possible to test the 2368 area and then under pressure, so the follow-up focus on the gains and losses of the 2338-21342 range, At the same time, after the price breaks below the 2327 position, the bears will exert their strength again.
Gold 2338-42 range gains and losses become the key, do not break continue to bear pressure to see the 2327 position and the performance of the break, if a strong break will focus on testing the 2368 area
【Europe and America】
In Europe and the United States, prices in Europe and the United States generally showed a state of rising and falling on Monday. The price fell to a low of 1.0719 and rose to a high of 1.0776 for the day, closing at 1.0739. Looking back on Monday's European and American market performance, the price gap opened high after the morning open, and then the market short-term continued to test the weekly resistance area under pressure, yesterday's arrangement of shorts is also a perfect fall, the daily line looks at the end of the negative line, the overall price is still bearish, and at the same time, the gap has not been filled for yesterday Monday, so temporarily focus on the 1.0760-70 range to continue to see the pressure, the following focus is on the 1.0710 area, and the current continues to be treated in accordance with the short-term first.
The EURUSD 1.0760-70 range is empty, defending 40 points, targeting 1.0710-1.0670
【Today's key economic data and events】Tuesday, July 2, 2024
(1) 09:30 The Reserve Bank of Australia (RBA) released the minutes of its June monetary policy meeting
(2) 17:00 Eurozone preliminary CPI annual rate in June
(3) 17:00 Eurozone CPI MoM (June).
(4) 17:00 Eurozone unemployment rate (May).
(5) 21:30 Fed Chairman Jerome Powell and ECB President Christine Lagarde deliver speeches
(6) 22:00 JOLTs job openings in the United States for May
(7) At 04:30 the next day, API crude oil inventories in the United States for the week to June 28
Note: The above is only a personal opinion strategy, only for review and exchange, does not give any investment advice to customers, has nothing to do with customers' investment, and is not used as the basis for placing orders.