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General Global economic growth faces downside risks

jerry0821

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At present, the global economy has entered a period of simultaneous stagnation, in which the growth momentum of the EU region has declined significantly, while some emerging countries have experienced zero growth, even shrinking. In addition, the recent collapse of US Treasury yields is a reminder of financial markets. There may be more recessionary crises in the future. The Bloomberg analysis also mentioned that the global economy will also face the downturn in manufacturing caused by trade friction, the increase in geopolitical uncertainty, and the risks of corporate profits not as good as expected before the end of the year. However, although the global economic data is generally weak, it seems that the fear of the impending global recession is too early, so we can see that the US employment data has remained strong in the past few months, the unemployment rate has remained at a historical low, and wage income has continued to rise. Maintaining healthy household spending.
Today (15th) evening, the International Monetary Fund (IMF) and the World Bank Annual Meeting will be launched one after another. The market expects that these two international institutions will once again review the predictions of global economic growth. After the Sino-US trade reached a phased agreement last week, the US Treasury will issue a semi-annual exchange rate report this week, which may remove the wording of China as a currency manipulator.

Forex(外汇) Technical Analysis (Gold XAUUSD):
1015_1.png
Today's foreign(外汇) exchange gold analysis (October 15th) early in the morning at 1493.3 US dollars / ounce, from the technical analysis, the 1 hour level observation trend is not large, the bottom of the fifth paragraph of the structure may have been completed, plus received The weaker dollar makes gold have a passive upward momentum, so there is a chance to continue to rise.
At present, the pressure range above the short-term is located at 1500~1501 US dollars / ounce, the downward direction, the initial support range is 1488~1489 US dollars / ounce, the operating mentality is mainly short, and investors who want to enter the market to do more short can consider the 1493 US dollars ounce. To the 1495 US dollars / ounce range of light warehouse buy, MT4 set stop loss point can be considered set below $ 1491 / ounce.

Forex(外汇) technical analysis (EUR/USD EURUSD):
1015_2.png
Today's foreign(外汇) exchange euro/dollar analysis (October 15th) Early in the morning near 1.10234, cut from the technical analysis, 1 hour level observation trend yesterday (14th) predicted that the rebound rate is not as expected, the main reason is more chips above, the current key Breakthrough point (yellow circle in the picture), so there is a chance to stand firm and enter the rising stage.
At present, the pressure range above the short-term line is located at 1.10600~1.10630, the downward direction, the initial support interval is 1.10150~1.10180, and the operation mentality is mainly short. Investors who want to enter the market to be shorter and shorter may consider buying in the 1.10300 to 1.10330 range. MT4 sets the stop loss point to consider setting below 1.10220.

Forex(外汇) technical analysis (GBP/USD GBPUSD):
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Today's foreign(外汇) exchange GBP/USD analysis (October 15th) Early in the vicinity of 1.26297, from the technical analysis, the 1-hour line level observation trend is in line with yesterday's (14th) forecast, the pull back support range, you can see the rebound after the deep However, in the afternoon, the UK unemployment rate data will be released. It is necessary to pay more attention to market volatility, so there is a chance to go up and continue to make downward corrections.
At present, the pressure range above the short-term line is located at 1.26850~1.26900, the downward direction, the initial support range is 1.25300~1.25350, and the operation mentality is mainly short-term. Investors who want to enter the short-term market may consider buying in the 1.26200 to 1.26250 range. MT4 sets the stop loss point to consider setting above 1.26350.

Forex(外汇) Technical Analysis (NZD/USD NZDUSD):
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Today's foreign(外汇) exchange NZD/USD analysis (October 15th) Early in the vicinity of 0.62996, cut from the technical analysis, the 1-hour line level observation trend is in line with yesterday's (14th) forecast pull back correction and then rise again, it is now clear that the chip In the large box type, there is a shock, so there is a chance to continue to rise.
At present, the pressure range above the short-term line is located at 0.63400~0.63450, the downward direction, the initial support interval is 0.62850~0.62880, and the operating mentality is mainly short. Investors who want to enter the market for a short time may consider buying in the 0.63050 to 0.63090 range. MT4 sets the stop loss point to consider setting below 0.62990.

Forex(外汇) Technical Analysis (Nasdaq Nas100):
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Today's foreign(外汇) exchange Nasdaq analysis (October 15th) Early in the morning at 7849.0, cut from the technical analysis, the 1 hour line level observation trend increased more and then pulled back a small correction, hit the support interval once again slowly rise, the current high point shock, so there is The opportunity has risen again.
At present, the pressure range above the short-term line is located at 7905~7915 points, the downward direction, the initial support interval is 7760~7770 points, and the operation mentality is mostly short. Investors who want to enter the market for a short time can consider buying in the 7840 to 7850 range. In, MT4 set stop loss point can be considered to set below 7825.

Today's foreign(外汇) exchange key data (data name / importance / previous value / expected):
1. China's September CPI annual rate / three stars 2.8% / 2.9%
2. France September CPI monthly rate / three stars / -0.3% / -0.3%
3. UK unemployment rate in September / three stars / 3.3% / ---
4. Number of UK jobless claims in September (10,000 people) / three stars / 2.82 / 2.79
5. UK LLO unemployment rate for three months in August / three stars / 3.8% / 3.8%
6. Germany October ZEW economic prosperity index / three stars / -22.5 / -27.3
7. Eurozone October ZEW economic sentiment index / three stars / -22.4 / ---
8. US New York Fed Manufacturing Index in October / three stars / 2 / 1

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