crashnsane| Tian Hongliang: Guidelines for Short-term Operations of Major Currencies on May 20

2024-05-20

Technically, the US index rose below 104.80 on Friday and fell above 104.35, meaning the dollar is likely to maintain its upward trend after a short-term decline. If the US index stabilizes above 104.25 today, the target of rising in the future will point to 104.70 Mel 104.95. Today, the short-term resistance of the American finger is 104.65 and 104.70, and the important short-term resistance is 104.90. Today, the short-term support of American finger is 104.25 Murray 104.30, and the short-term important support is 104.10 Murray 104.15. The decline in Europe and the United States on Friday was supported above 1.0835, while the rise was blocked under 1.0880, which means that Europe and the United States are likely to maintain a downward trend after short-term gains. If the rise in Europe and the United States is blocked below 1.0895 today, the target of the decline in the future will be between 1.0845 and 1.0820. Today, the short-term resistance in Europe and the United States is 1.0890 Murray 1.0895, and the important short-term resistance is 1.0900 Murray 1.0905. Today, the short-term support in Europe and the United States is 1.0845 Murray 1.0850, and the short-term important support is 1.0820 Murray 1.0825. Gold fell above 2373.00 on Friday, while gains were halted below 2423.00, meaning gold is likely to maintain its upward trend after a short-term decline. If gold falls above 2404.00 today and stabilizes, the target for future gains will be between 2436.00 and 2454.00. Today, the gold short-term resistance is 2404.00 Murray 2405.00, and the short-term important resistance is 2453.00 Murray 2454.00. Today, the gold short-term support is 2404.00 Murray 2405.00, and the short-term important support is 2386.00 Murray 2387.00.

crashnsane| Tian Hongliang: Guidelines for Short-term Operations of Major Currencies on May 20

Today, the short-term dollar is mainly bargain-seeking long, break and stop loss, set to stop winning if there is a profit of more than 30 points, and withdraw all pending orders that have not been traded before the opening of the market in the United States. This strategy is suitable for margin and the firm offer can be used as a reference.

Dollar indexCrashnsaneYou can buy at the lower limit of the 104.95 / 104.30 range, effectively break 25 points, and target at the upper limit of the range.

EUR / USD: can be sold at the upper limit of 1.0895 Murray 1.0825, effective break 30 points stop loss, the target is in the lower limit of the range.

Sterling / USD: can be sold at the upper limit of the range of 1.2735 Murray 1.2625, with an effective break of 30 points, with a target at the lower end of the range.

Us Dollar / Swiss franc: you can buy at the lower limit of the range of 0.9125Murray 0.9055, effectively break 30 points to stop loss, and target at the upper limit of the range.

USD / JPY: you can buy at the lower end of the 156.35 / 155.30 range, effectively break 40 stops, and target at the upper limit of the range.

AUD / USD: can be sold at the upper limit of the range of 0.6715 Murray 0.6635, effectively breaking 30 points stop loss, the target is in the lower limit of the range.

USD / C: you can buy at the lower limit of 1.3660 / C $1.3590, effectively break 30 points and target at the upper limit of the range.

Gold: you can buy at the lower end of the 2436.00 Murray 2404.00 range, effectively breaking the $10 stop loss, targeting the upper limit of the range.

The above strategies are calculated by my intelligent trading system.CrashnsaneInvestors are asked to make corresponding adjustments according to the specific market in the actual operation. (pooled investment: Tian Hongliang)

[risk Tip] according to the relevant regulations on foreign exchange management, the buying and selling of foreign exchange shall be carried out at the trading venues prescribed by banks and other countries. Whoever buys and sells foreign exchange privately, buys and sells foreign exchange in disguise, buys and sells foreign exchange or illegally introduces a relatively large amount of foreign exchange shall be imposed by the foreign exchange control agency according to law; if the case constitutes a crime, he shall be investigated for criminal responsibility according to law.