07/07 Market report

【Dow Jones】

In the daily technical analysis of the Dow Jones index, a cross of Alligator death in a long line indicates that the long line is short, the opening, however, gradually narrowed.

And it means the strength gradually decreases. The short-term KD although golden cross, but because the price has been consolidating, it means that the long and short strength is in the war.

USA30: Downtrend

Price Point：31250

Current trading: holding empty orders, with targets at 30,500 and 30,200.

Option: After the price point breached above 31250, set 31500 and 31800 as targets after direct approach.

Comment: The RSI value is 47% and the market trend is short.

【EURO】

In the daily technical analysis of Euro, the long-term Alligator death cross indicates that the long-term is short, and the short-term KD has entered the low-grade passivation zone, indicating that the short-term strength is also very strong, so investors should try not to trade against the trend.

EURUSD: Downtrend

Price Point：1.02800

Current trading: holding empty orders, with targets at 1.01500 and 1.01200.

Option: After the price breached above 1.02800, set 1.03200 and 1.03500 as targets after direct approach.

Comment: The RSI value is 25% and the market is short.

【Gold】

In the daily technical analysis of gold, the long-term Alligator death cross indicates that the long-term is short, and the short-term KD has entered the low-grade passivation zone, indicating that the short-term strength is also very strong, so investors should try not to trade against the trend.

XAUUSD: Downtrend

Price Point：1773

Current trading: holding empty orders with targets at 1730 and 1728.

Alternative: After price breached above 1773, set 1788.00 and 1780.00 as targets after direct approach.

Comment: The RSI value is 25% and the market is short.

【Crude Oil】

In the daily technical analysis of crude oil, the long-term Alligator dead cross indicates that the long-term is short, while the short-term KD has not entered the low-grade passivation zone, but it is also a dead cross, indicating that the long-term and short-term strength is very strong, and investors try to trade with the trend.

USOIL:  Downtrend

PricePoint：103.22

Current trading: holding empty orders, withtargets at 97.8 and 97.5.

Option: After the price breached above 103.22, set the price 104.00 and 104.20 as targets after direct approach.

Comment: The RSI value is 33% and the market is short.

OnePro Special Analyst

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The foregoing is a personal opinion only and does not represent any opinion of OnePro Global, nor is there any guarantee of reliability, accuracy or originality in the foregoing.

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