jherryPowell

jherryPowell

On Monday (April 17), international oil prices were under pressure. Although demand may hit a record high in 2023, the latest production cuts announced by the Organization of Petroleum Exporting Countries and its partners (OPEC+) may harm consumers and the global recovery, limiting the rise in oil prices.The expected reduction in interest rate cuts by the Federal...

jherryPowell

On Monday (April 17), the international gold price rebounded, trying to return to the new high of US22,048.52 per ounce since March 9, which was touched last week.Last Friday (April 14), gold prices fell by nearly 2%, and the weekly line finally turned down. Due to the sharp rise in the dollar, mixed economic data prompted investors to reassess the Fed's interest...

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Gold's support for 2036 in the morning has now fallen below, so we will pay attention to the second support near 2030. If there is a stabilization, we will continue to stay low and stay more bearish.The gold operation recommends buying in 2030, risk control in 2026, and the target is 2038~2040. The chart is a golden 4H chart The Bank of Gold is based on the...

jherryPowell

Pay attention to terrorist data, there is a high probability that gold prices will break through a new high Gold aspect: The U.S. CPI data for March was released on Wednesday (April 12), showing a larger-than-expected decline; the PPI released yesterday (April 13) also showed a larger-than-expected decline, which means that although inflation is still too high,...

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EUR/USD has surged higher for two consecutive trading days. If the strong resistance position above 1.10 can be broken, the first target above is the February high of 1.1034, and further upward, it is aimed at the 1.12-1.13 area.The bottom is currently gaining strong support in the 1.0840-1.0800 area.If GBP/USD can break through the previous high of 1.2525, the...

jherryPowell Updated 

Crude oil shock is too strong to operate The fundamentals of crude oil have been better recently, and there has been more news from macroeconomics to the balance of supply and demand.Crude oil maintained a strong volatile trend today. Although EIA crude oil inventories unexpectedly increased slightly, the dollar index fell to near a more than two-month low on...

jherryPowell Updated 

On Thursday (April 13), international gold prices rose for the third consecutive trading day, as the overall moderate US inflation data for March released overnight prompted people to bet that the Federal Reserve may start to cut interest rates in the second half of the year.Gold prices may hit a record high in the second quarter, reaching about US22,080. Spot...

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After Bitcoin broke through the previous wave and rose, it has entered consolidation in the short term. Consolidation is also an opportunity to get on the car again. In the evening, the market will continue to be bullish and wait for a rebound to go long.Bitcoin operation is recommended to buy at 29,700, risk control is 29,100, and the target is...

jherryPowell

Silver has continued to rise well in line with expectations all the way, so it will continue to be low in the evening and wait for a rebound to go long.For silver operation, it is recommended to buy at 25.41, risk control at 25.25, and target at 26~26.20. The chart is a silver 4H chart Silver is bullish for the following reasons: 1. Silver bulls continue to be...

jherryPowell

This article aims to help day traders navigate the cryptocurrency market in a controlled and confident way.We will study a series of fundamental, technical and psychological trading skills, which will help you master short-term trading skills in one of the most watched and unstable markets. Before we start our trading journey, it is important to understand the...

jherryPowell Updated 

Gold directly rose in early trading, and the current rebound is already in place, and it is under pressure to fall back in 2020, so the thinking changed in the evening and shorted on dips in the evening.The gold operation is recommended to sell in 2016, risk control in 2020, and target 2007-2001. Gold's rebound is based on the following reasons: 1. The golden...

jherryPowell

I have seen many investors. When I don't invest, I see others making money and I always think: What good projects are there to make money?When it comes to investing, everyone has the mentality of making a profit, so once they encounter a loss and are inconsistent with their original expectations, they will inevitably have a problem with their attitude!Investment...

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Is the risk of a credit crunch imminent? Market focus turned to this week's US CPI. Before the Federal Reserve's interest rate decision in May, the market is expected to continue to be in an environment where fundamentals and risk appetite resonate upward. With the end of the Easter holiday, affected by the good US non-agricultural data last Friday (April 7),...

jherryPowell

After consolidating under support for many days as scheduled, Bitcoin finally broke upwards, perfectly in line with expectations, and the market outlook will continue to remain bullish, and the rest will continue to enter the market at a lower level after stepping back. Bitcoin operation recommends buying at 29600, risk control at 29000, and target at...

jherryPowell

Bitcoin is probably the most well-known cryptocurrency. Originating in 2008, it only started grabbing headlines around 2015 as a highly volatile tradable asset, as well as a medium of exchange and controversial store of value. In this article, we'll explore what bitcoin is, its history, how to trade bitcoin, and the factors that affect bitcoin's price. What is...

jherryPowell

Impact of non-agricultural data on gold 1: Non-agricultural employment A decrease in non-farm payrolls indicates that the economy is entering a recession. Businesses reduce production. Bad dollar, good gold price. An increase in non-farm payrolls indicates a healthy economy. It is good for raising interest rates, good for the dollar, and bad for gold...