11/30 Market report

【Dow Jones】

U.S. stocks were mixed on Tuesday, with the Dow closing slightly higher. The market is waiting for Federal Reserve Chairman Jerome Powell to deliver a speech at the Brookings Institution on Wednesday.

Among the daily technical indicators of the Dow Jones Index, Alligator shows a golden cross, indicating that the long-term Dow Jones has an advantage in buying, and the short-term KD indicator shows a death cross..

USA 30-D1: Uptrend

Price point: 32467

Current transaction: hold long orders, target at 34000 and 34200

Alternative plan:Set 32200 and 32000 after the price hit 32467

Comments: The RSI value of 61.02% is bullish.

【Euro】

Former dollar bulls JPMorgan and Morgan Stanley believe the era of a strong dollar is ending as cooling inflation prompts markets to trim expectations for further Fed tightening; mean EUR There is room for rebound.

In the daily technical line pattern of the euro area The long-term Alligator forms a golden cross, indicating that the euro has an upward trend in the long run.

The short-term KD indicator presents a death cross, indicating the emergence of short-term selling pressure. It is currently oscillating in the consolidation range and waiting for a breakthrough.

EURUSD -D1: Uptrend

Price point: 0.99364

Current trade: holding short orders with targets at 1.03500 and 1.03800

Alternative: Set 0.99200 and 0.99000 after the price hit 0.99364

Comments: The RSI value of 60.79% is bullish.

【Gold】

Affected by the bankruptcy of the FTX exchange and the low price, the cryptocurrency market in 2022 will not be as strong as before, and more bankruptcies are expected in the future. Experts predict that gold prices are expected to rebound.

In the daily technical line pattern of gold, the long-term Alligator presents gold, indicating that the long-term trend of gold is biased towards bulls.The short-term KD indicator shows a death cross, short-term selling pressure appears, and the rise is facing some selling pressure. See if the recent low point is broken.

XAUUSD-D1: Uptrend

Price point: 1702

Current trading: hold empty orders, target at 1755.8 and 1756.8

Alternative Set 1698.5 and 1697.8 after the price hit 1702

Comments: The RSI value of 59.67% is bullish.

【Crude Oil】

International Energy Agency (IEA) chief Fatih Birol told Reuters in an interview on Tuesday that the IEA expects Russia's crude oil production to fall by about 2 million bpd by the end of the first quarter of next year. The EU will ban imports of Russian crude oil from Dec. 5 and Russian oil products from Feb. 5 in a bid to dent Russia's oil revenues and force Russia, one of the world's largest oil producers and exporters, to seek alternatives. market.

In the daily technical line pattern of crude oil, the long-term Alligator presents a death cross, indicating that the long-term trend is beginning to go short, and the short-term KD indicator presents a golden cross, indicating that short-term buying appears, and there is an obvious divergence below, follow-up to see if there is a chance for a rebound.

USOIL -D1: Downtrend

Price point: 90.19

Current trade: hold short orders, target at 78.20 and 77.50

Alternative plan: Set 90.5 and 90.8 after the price hit 90.19

Comments: The RSI value is 40.22%, and the market is bearish.

OnePro Special Analyst

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