Hainan Commodity Consulting 3 Merchants Hotline Online Recruitment Agents' Commissions are Repaid Daily, Retail Account Opening Rebates, and Rebates Are Timely
'The U.S. monthly core price index was lower than expected, showing that U.S. inflation is hovering at a low level, suppressing expectations of the Federal Reserve raising interest rates. . The U.S. monthly core price index annual rate., expected., previous value. monthly rate., expected., previous value.3. The weak data ruthlessly undermined the recent interest rate hike expectations guided by Federal Reserve officials. The dollar fell back and silver found short-term support.
' The U.S. monthly existing home sales index and the March Dallas Fed business activity index performed better, putting gold and silver under pressure again. The U.S. monthly existing home contracted sales index is 3., expected., previous value annual rate., expected, previous value. U.S. existing home sales rose sharply in March, hitting the highest level in a month, reversing the downturn in previous months, mainly due to mortgage rates hitting nearly a year low and housing inventory growth slowing due to seasonal factors. The U.S. real estate market as a whole shows signs of substantial recovery and is expected to maintain growth momentum in the coming months. The Dallas Fed Business Activity Index for March in the U.S. is expected to be -, the previous value is . Manufacturing activity in Dallas has undoubtedly been affected by low oil prices, but the recovery in the data means that the manufacturing situation has not yet reached the worst point.
' Focus on the speech of Federal Reserve Chairman Yellen in the evening. The Federal Reserve's March interest rate decision signaled a pause in interest rate hikes, and the market breathed a sigh of relief. The U.S. stock market rebounded and the dollar fell, which also brought about a rebound in gold, silver, and crude oil. This speech is Yellen's first public speech after the March resolution, focusing on her description of the current status of the U.S. economy and the prospects for raising interest rates. If the comments are hawkish, it will consolidate expectations of interest rate hikes and suppress the price of silver. On the other hand, if the comments are dovish, it will have a positive impact on silver.
' Technical Analysis
' Silver fell slightly during the day. From a technical point of view, silver's short-term moving average turned downward, and fell below the upward trend line indicator's fast and slow line above the zero axis and diverge downward, indicating further decline requirements in the short term. In the hourly view, the moving average system is arranged with short positions. Currently, the short positions occupy the golden cross above the zero axis of the active indicator fast and slow line and cross the zero axis below, and the green kinetic energy column increases rapidly. Taken together, silver currently falls below the upward trend line, and short sellers have once again taken the initiative, and investors can use the short selling strategy on rallies.
. Position, the middle track forms a downward support on the first line, and the Bollinger Bands maintain the shrinking trend. The short cycle/cross is on the first line, forming an intraday rebound pressure level. Then for intraday operations, Chen Hanqian recommends treating the market with a range, and the indicator axis of the attached chart can be dead above. Cross-gluing operation, the neutral indicator is weak on the hourly line, the price of Xishang asphalt consolidates and falls, the line runs between the middle and lower Bollinger Bands, the upper Bollinger Bands press downwards, the middle Bollinger Bands and the 3-area form intraday rebound pressure The position is short-cycle/cross-gluing finishing operation, the indicator axis in the attached chart is running with a dead cross, and the indicator is neutral and weak
< _ .< . < . () Taken together, the performance of Xishang Asphalt Under the continuous consolidation trend, the entire shock range has been reduced to the - area, which is between yesterday's high and low levels. So for today's operations, Chen Hanqian recommends that investors still conduct normal long and short operations according to this range. This range will not be available before Wednesday. Will be easily broken
. < _ .< . .< . .First pressure level: Second pressure level:
< _ .< . .< ..First support level : The second support level:
< _ .< . . ., Xishang Asphalt rebounded during the day and hit the 3-area for shorting, stop loss 3 points, target
< _ .< . . ., Xishang Asphalt will go long if the bottom touches the first line during the day, stop loss 3 points, target -, backhand can be short
Hainan Commodity Trading Center