04/01 Market report

【Dow Jones】

The number of jobless claims in the United States is 202,000 which is more than the market expectation. It is also worth noting that the recent VIX index has come below 20 and according to past historical experience, VIX is more likely to drop when it is below 20. This is something that investors may need to pay attention to.

Today, there is a huge data release on US non-farm payrolls data which investors will need to pay attention to.

From the Dow Jones daily technical line, Alligator shows a golden cross while the KD shows a high-end figure. The bullish strength of the Dow Jones index is quite strong and this indicates that investors have a considerable amount of confidence in the Dow Jones Index. Investors are advised not to go against the trend.

USA30-D1

Resistance point 1: 35500 / Resistance point 2: 35800 / Resistance point 3: 36200

Support point 1: 34800 / support point 2: 34500 / support point 3: 34200

【EUR】

Originally scheduled to start on April 1, Russia's rule for unfriendly countries was to use rubles to buy natural gas. According to Germany, the Russian president said that it could also be purchased in euros. However, it was necessary to go to the designated bank and let it be exchanged for rubles for transactions.

From the EURUSD daily technical line, it seems that Alligator is tangled while the KD shows a golden cross. EURUSD is still trading in a consolidation pattern. A follow-up trading strategy is still recommended to trade this market.

EURUSD-D1

Resistance point 1: 1.11500 / Resistance point 2: 1.11800 / Resistance point 3: 1.12200

Support point 1: 1.10500 / support point 2: 1.10200 / support point 3: 1.10000

【Gold】

Although the Market believed that the negotiations of Ukraine and Russia were fruitful in Turkey, Ukraine said yesterday that the ports in southern Ukraine are still strongly attacked by Russian troops. It is also reported that the Russian president has hidden his family in a secret underground nuclear bunker. The market now believes that the negotiations may not progress well.

From the daily technical line of gold, it seems that the Alligator tangled while KD shows a gold cross. This shows that gold is currently trading in a consolidated manner. The recent negotiations seem to affect the volatility of gold, and it suddenly rose and fell. It is recommended for investors not to chase orders and trade in a single direction.

XAUUSD-D1

Resistance point 1: 1960.00 / Resistance point 2: 1970.00 / Resistance point 3: 1980.00

Support point 1: .1930.00 / support point 2: 1910.00 / support point 3: 1890.00

【Crude Oil】

OPEC+ said it will increase their groups output by 432,000 barrels per day starting in May, and the United States is currently considering the possibility of releasing 1 million barrels of war reserves per day in the future. This indicates that there may be some production increase in the supply of crude oil, which is always good for crude oil supply.

From the daily technical line of crude oil, Alligator is tangled while the KD shows a golden cross. Crude oil is still trading in a consolidation manner. The current problem of crude oil is still the imbalance between supply and demand, but with some crude oil producing countries beginning to increase production, the shortage of supply is still not solved in the short term.

USOIL-D1

Resistance point 1: 102.500 / Resistance point 2: 104.200 / Resistance point 3: 105.500

Support 1: 100.000 / Support 2: 98.200 / Support 3: 96.500

OnePro Special Analyst

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