Following the passage of the British Parliament to block the non-agreement of the Brexit Act, British Prime Minister Johnson once again suffered a major blow yesterday. The parliament voted on the motion for early elections, but in the end failed to hope that the prime minister would like to advance the election in advance.
This is also the third time that British Prime Minister Johnson has suffered recently. I am afraid that at this moment he will have a deep understanding of the difficulties of his predecessor, Teresa. After the news was released, Johnson was still tough. He said: 'The government will support the Brexit agreement and strive to reach an agreement for national interests.
forex - Technical Analysis GBPUSD GBP/USD
Sterling continued to rebound due to the risk reduction of “no agreement to leave the EU”. On the previous trading day, the price rebounded again with the support of the 30-hour moving average, and the price once touched 1.2380. However, long-term investors should pay attention to the fact that MT4 observations may cause a short-term correction in the short-term due to the continuous appearance of the Macd, but as long as the K-line is above the MA30, it is still possible to hit a new high.
forex - Technical Analysis XAUUSD Gold
As the risk aversion fell, the price of gold once again suffered a short-term correction. In the Asian market today, the price accelerated to fall below the falling wedge channel. Although it was slightly rebounded by the 1485 support of Pivot's second support line, the short-term bear momentum still dominated. In the daytime, the upper resistance is located near 1492.5 where the lower rail of the channel is located. If the price rebounds to this position, the short-term short position can be considered based on the resistance of the MT4.
forex - Technical Analysis USDX US Dollar Index
The US dollar index is currently in the range of 98.09-98.46, and the 1-hour level MA30 and EMA55 are simultaneously converted to levels and are around 98.30. In the Asian market today, the RSI broke through the 50 mark to the active area, but the K line faced the double pressure of the MA30 and EMA55 at 98.30. If the price of MT4 exceeded the pressure, it is expected to test the 98.46 position of the shock box again.
Today's focus event
1.French industrial output monthly rate in July
2.UK unemployment rate and number of jobless claims in August
3.UK ILO unemployment rate for three months in July
4.US August NFIB Small Business Confidence Index
5.Bank of England Governor Carney conducts a dialogue
6.EIA Announces Monthly Short-Term Energy Outlook Report
This is also the third time that British Prime Minister Johnson has suffered recently. I am afraid that at this moment he will have a deep understanding of the difficulties of his predecessor, Teresa. After the news was released, Johnson was still tough. He said: 'The government will support the Brexit agreement and strive to reach an agreement for national interests.
forex - Technical Analysis GBPUSD GBP/USD
Sterling continued to rebound due to the risk reduction of “no agreement to leave the EU”. On the previous trading day, the price rebounded again with the support of the 30-hour moving average, and the price once touched 1.2380. However, long-term investors should pay attention to the fact that MT4 observations may cause a short-term correction in the short-term due to the continuous appearance of the Macd, but as long as the K-line is above the MA30, it is still possible to hit a new high.
forex - Technical Analysis XAUUSD Gold
As the risk aversion fell, the price of gold once again suffered a short-term correction. In the Asian market today, the price accelerated to fall below the falling wedge channel. Although it was slightly rebounded by the 1485 support of Pivot's second support line, the short-term bear momentum still dominated. In the daytime, the upper resistance is located near 1492.5 where the lower rail of the channel is located. If the price rebounds to this position, the short-term short position can be considered based on the resistance of the MT4.
forex - Technical Analysis USDX US Dollar Index
The US dollar index is currently in the range of 98.09-98.46, and the 1-hour level MA30 and EMA55 are simultaneously converted to levels and are around 98.30. In the Asian market today, the RSI broke through the 50 mark to the active area, but the K line faced the double pressure of the MA30 and EMA55 at 98.30. If the price of MT4 exceeded the pressure, it is expected to test the 98.46 position of the shock box again.
Today's focus event
1.French industrial output monthly rate in July
2.UK unemployment rate and number of jobless claims in August
3.UK ILO unemployment rate for three months in July
4.US August NFIB Small Business Confidence Index
5.Bank of England Governor Carney conducts a dialogue
6.EIA Announces Monthly Short-Term Energy Outlook Report
