Taurus888

Taurus888

On the dollar front, a number of unexpectedly strong U.S. economic data supported the Fed’s continued interest rate hikes to curb inflation. The January core inflation data, including CPI, PPI and retail sales, all rebounded. Combined with the wage data in the non-agricultural employment report, it shows that US inflation has rebounded in stages. Although the...

Taurus888

Last Friday, we received confirmation on our long position on gold at 1823, which yielded very fruitful results! Over the weekend, we have to plan systematically for next week's market. From the daily chart perspective, the Friday closing price formed a single-pin bottom candlestick, with the MACD momentum indicator also showing decreasing volume of green bars,...

Taurus888

It hit a new high for this rebound yesterday, touching $25200. This is the daily pressure level. After touching it, it started to fall. Even knowing that this is a strong pressure level, it did not open a short position. The reason is that the upward momentum is too strong, and it has been oscillating at a high level for a month, and it is easy to break through...

Taurus888

s3.tradingview.com U.S. dollar index: On Thursday, the U.S. dollar index remained strong, and it fluctuated and rose, breaking some positions; today, the U.S. dollar index continued to rise and continued to set new highs, which also verified yesterday’s view that the U.S. dollar index’s high point has not yet reached its peak. Appear! Today is verified. The...