In the foreign exchange market on Thursday, the US dollar rebounded slightly. The US dollar index rose to 96.27, the lowest fell to 95.97, closing at 96.06. Europe and the United States rose to 1.1406, the lowest fell to 1.1370, closing at 1.1389.

      The pound continued to strengthen, rising to a two-month high against the euro, continuing the recent gains as the market increasingly expected the UK to avoid a non-agreement. A rumor that the UK will hold a second referendum on the Brexit, which triggered an uptrend in the late trading, further pushed up the pound. At present, the dollar itself is difficult to obtain growth momentum.

    Inflation data in the euro zone shows that price pressures are further away from the central bank’s targets, making the situation of the European Central Bank more complicated. The European Central Bank is currently expected to raise interest rates later this year. On the UK side, after its Brexit plan was rejected by the parliament on Tuesday, British Prime Minister Teresa May has been meeting with members of various parties in an attempt to find a way to break the UK’s retreat. Although she repeatedly refused to hold a second referendum, a massive campaign to support the second referendum was supported by some lawmakers.

    At present, the market is generally worried that Japan will lack monetary policy tools to cope with the global economic slowdown. Today, Kuroda’s remarks have undoubtedly enhanced the market’s confidence in the Japanese economy and made the yen stronger. USD/JPY is consolidating, but the intraday Elliott wave indicates that this is only a correction rebound, and the exchange rate should soon turn to decline.

    From a technical point of view, the US dollar index rebounded below 96.30 on Thursday, the callback was supported above 95.95, closing at 96.06, meaning that the dollar may maintain a pullback after a short-term rebound. If the US dollar index rebounds below 96.25, the target of the market callback will point to 95.90-95.80. Today, the short-term resistance of the US dollar index is 96.20-96.25, and the short-term important resistance is 96.35-96.40. Today, the short-term support of the US dollar index is at 95.90-95.95, and the short-term important support is at 95.80-95.85. Europe and the United States on Thursday, the callback was supported above 1.1370, the rebound was blocked below 1.1410, closing at 1.1389, which means that Europe and the United States may maintain a rebound after a short-term correction. If the European and American callbacks are supported above 1.1370 today, the rebound target will point to 1.1410-1.1425. Today, the short-term resistance in Europe and America is 1.1405-1.1410, and the short-term important resistance is 1.1420-1.1425. Today, short-term support in Europe and America is at 1.1370-1.1375, and short-term important support is at 1.1350-1.1355.

      Today, the US dollar is short-term short-selling. It breaks the stop loss. If there is a profit of 30 points or more, it will set a good stop to win. Before the US market opens, all pending orders withdrawn will be withdrawn. This strategy is suitable for margin and can be used as a reference.

US dollar index: It can be sold at the upper limit of 96.25-95.80, effectively breaking the 20-point stop loss, and the target is at the lower limit of the range.

EUR/USD: You can buy at the lower limit of the range of 1.1425—1.1370, effectively break the 30-point stop loss and target the upper limit of the range.

GBP/USD: You can buy at the lower limit of the range of 1.3050—1.2940, effectively break the 40-point stop loss and target the upper limit of the range.

USD/CHF: You can buy at the lower limit of 0.9965—0.9905, effectively break the 30-point stop loss and target the upper limit of the range.

USD/JPY: You can buy at the lower limit of the range of 109.55-108.80, effectively break the 40-point stop loss and target the upper limit of the range.

AUD/USD: You can buy at the lower limit of 0.7235—0.7155, effectively break the 40-point stop loss and target the upper limit of the range.

USD/CAD: You can sell at the upper limit of 1.3310—1.3210, effectively break the 40-point stop loss and target the lower limit of the range.

Gold: You can sell at the upper limit of 1295.00—1285.00, effectively break the $5 stop loss and target the lower limit of the range.

Silver: You can sell at the upper limit of 15.60-15.35, effectively break the stop loss of $0.10, and target at the lower limit of the range.

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