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Market remains optimistic about global stock markets

Discussion in 'Beginners Forum' started by jerry0821, Aug 30, 2019.

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  1. jerry0821

    jerry0821

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    Reuters conducted a recent survey of market stock analysts, and the results show that the general analysts are still optimistic that global stock markets will continue to rise in the next year, mainly because central banks will continue monetary easing, covering up the concerns of Sino-US trade friction, but Under the stimulus of the central bank's monetary easing policy and the two forces of Sino-US trade, the market may be violently volatile at any time. Please pay more attention.
    The Chinese Ministry of Commerce said on Thursday (29th) that China and the United States are discussing the next round of negotiations scheduled to be held in September. The most important thing now is that the two sides continue to negotiate to create the necessary conditions, and US President Trump said in an interview. The US and Chinese negotiators will hold different levels of talks on Thursday, but no more details are provided. The United States officially announced that it will raise the tariff of US$300 billion on US exports to the United States. The effective date is September 1 and December 15, and it has triggered warnings for price hikes in hundreds of US companies, which will result in a real economy.
    In the face of the decline in consumption power, it is necessary to observe the economic data in the second half of the year to determine the extent of the impact.

    MT4 Technical Analysis (Gold XAUUSD):
    Today's gold (August 30) early in the morning at 1527.7 US dollars / ounce, MT4 cut from the technical analysis, 1 hour level observation trend yesterday (29th) rushed 1550 US dollars / ounce, from the MT4 trend line, quickly pull Back to the correction, fell below the short-term important support zone, forming a sharp decline, so there is a possibility of a rebound in the day after the rebound, the possibility of standing unstable near the gold return level 0.618.
    At present, the pressure range above the short-term line is located at 1535~1535.5 US dollars / ounce, the downward direction, the initial support range is 1516~1516.5 US dollars / ounce, the operating mentality is short-short, and investors who want to enter the short-term market can consider the price of 1530 US dollars. For the 1533.5 USD / ounce range of light warehouse buy, MT4 operation stop loss point can be considered to set above 1534.5 US dollars / ounce.


    MT4 Technical Analysis (EUR/USD EURUSD):
    Today's EUR/USD (August 30) Early in the morning at 1.10544, MT4 cut in from the technical analysis, and the 4-hour level observed a large-scale decline. It has fallen below the short-term support low, so it has the opportunity to continue to fall to challenge the low band. point.
    At present, the pressure range above the short-term line is located at 1.10650~1.10700, the downward direction, the initial support interval is 1.10250~1.10300, and the operational mentality is short-term. The investors who want to enter the short-term market may consider buying in the 1.10430 to 1.10450 range. The MT4 operation stop loss point can be considered to be set below 1.10490.

    MT4 Technical Analysis (GBP/USD GBPUSD):
    Today's GBP/USD (August 30) In the early trading session near 1.21792, MT4 cut in from the technical analysis. The 1-hour line level observation trend has established that the head shape has fallen below the neckline range, so there is a chance to form a short-slot pattern.
    At present, the pressure range above the short-term line is located at 1.22050~1.22150, the downward direction, the initial support range is 1.21200~1.21250, and the operational mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 1.21750 to 1.21800 range. The MT4 operation stop loss point can be considered to be set above 1.21890.
     
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  3. Lee Mark

    Lee Mark

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    Thanks a lot for your analysis! But frankly I am missing your chart; is it possible to add in?
     
  4. Chionao

    Chionao

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    I also want them to be optimistic cause I want to install many many more things lately with all this stuff. I set aside some money for investment and if the market will be good for sure I am happy cause I will earn quite a lot and that's really it. Thanks.
     
  5. Astirewien

    Astirewien

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    IT's very good that this thing really remains here completely. I do not understand that entirely. Do good things and understand them correctly. How about promoting all such stuff in a more intensive way, what do you think of such cases ? Working good ?
     
  6. Lee Mark

    Lee Mark

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    All the best! But, what’s your preferable trading instrument?
     
  7. Tom Latham

    Tom Latham

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    Right now I am bearish on EURUSD & GBPUSD; in this week; I will try to open sell trades on these 2 pairs based on the intraday support or resistant levels