01/28 Market reprot

【Dow Jones Index USA30】

The movement of the Dow Jones index is really interesting. At the opening, it opened higher because the GDP growth market estimates are good. At the end of the session, it pulled back 500 points.

Tesla and Intel are two large companies with a financial report that is very good. However, their stock prices still fell by 11.55% and 7%. This is not a good sign for the bulls.

The Dow Jones Index has entered a triangle convergence at this stage and the next few days will be very critical to determine whether there will be a breakthrough in the market.

USA30 –D1

Resistance 1: 34818 / Resistance 2: 35477 / Resistance 3: 36514

Support 1: 33644 / Support 2: 33136 / Support 3: 32069

【USDJPY】

The delicious snack bar of the Year of Japanese National Crime has changed from a 10-yen increase to a 12-yen coin. Although the price does not seem to have changed much, it is a 20% increase.

Japan's consumer price index has hit a two-year high, and the era of inflation is brewing all over the world.

USDJPY pulled back from yesterdays high to rest. The current USDJPY H4 line chart shows a KD at a high-end figure and Alligator at a golden cross.

However, it seems that the depreciation pressure of the yen is still very large.

USDJPY -H4

Resistance 1: 115.520 / Resistance 2: 116.050 / Resistance 3: 116.350

Support 1: 114.950 / Support 2: 114.680 / Support 3: 113.150

【EURUSD】

The economic growth rate of 6.9% in the fourth quarter of last year was higher than the 5.5% estimated by experts. This made the dollar rise as a result. The euro also directly broke through the support point of 1.12 because of this factor.

Coupled with the fact that the euro had a new low in the PMI in 11 months, it can only be said that the euro's data is really weak.

Both the KD and Alligator shows a death cross and a low-end figure. This indicates that the strength of the bears is extremely strong.

EURUSD – D1

Resistance 1: 1.11845 / Resistance 2: 1.13815 / Resistance 3: 1.14836

Support 1: 1.10161 / Support 2: 1.07681

【XAUUSD】

After the end of the Fed's press conference, it was almost certain that the interest rates will be raised in March. After a few hours of jokes, there was a sudden change of colour and gold fell directly below 1800USD per ounce.

The main reason of this is because of the rise of the dollar index and that caused the price of gold to decline relatively.

After gold broke below the support of 1800, KD shows a death cross because of the sharp decline and fell into the low-end figure. The Allligator has not kept up and is still in the upward pattern. There is usually not much activity during the day. At night, it is important to see whether the supports are guarded.

XAUUSD – D1

Resistance 1: 1814.50 / Resistance 2: 1832.20

Support 1: 1789.50 / Support 2: 1757.00 / Support 3: 1722.50

OnePro Special Analyst

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