MHMarkets：Positive US economic data spurred a short-term surge in the dollar index

At the end of the Asian market on Thursday (November 23)，Yesterday, the US released a series of economic data, data showed that the US new orders for durable goods in October was 279.4 billion dollars, up 5.4% month on month, significantly better than the market expectation of -3.2%, the number of US initial jobless claims last week was 209,000, lower than the market expectation of 225,000 and the previous week's revised 233,000, The US consumer confidence index came in at 61.3 in November, above market expectations of 60.5 and preliminary estimates of 60.4, but down from 63.8 in October. It is worth noting that consumers' expectations for inflation one year from now rose to 4.5%, up from 4.2% in October, reaching the highest level since April this year. After the data was released, the dollar index rose sharply in the short term, touching 104.22 line. Today, the Asian market opened, the dollar index continued to fall, the current quote is around 103.62; Due to the impact of yesterday's US economic data, gold briefly fell yesterday, today's Asian market opened, gold continued to rise, and broke through the upper resistance formed yesterday, the current price near 1995.72; Crude oil yesterday was affected by EIA inventory data, yesterday's intraday sharp decline, but then the market recovered most of the decline, the final close above the intraday midpoint, today's Asia open, US crude oil fell slightly, the current price around 76.27; The ECB recently released its Financial Stability Report, which said that the current financial stability situation in the euro area remains fragile. The main reasons are weak real economic growth, high inflation and geopolitical tensions. However, the ECB also pointed out that thanks to strong financial supervision means and prudent business strategies of major banks, the current eurozone banking system has a strong ability to resist risks. The euro fell sharply against the US dollar yesterday, and formed resistance above, and finally closed near the intraday low. Recently, the Asian market opened, the euro continued to rise against the US dollar, the current price around 1.0913; USDJPY rose sharply in the day yesterday under the influence of US data, and broke multiple resistance levels in a row, finally closed near the intraday high, near the opening of the Asian market, USDJPY continued to fall, the price is currently close to the lower support, quoted around 148.96;

MHMarkets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on November 23, Beijing time.

Gold XAUUSD
Resistance	2003.18 – 2008.02 – 2014.78
Support	1992.74 – 1984.19 – 1977.02
The above figure shows the 30 minute chart of   gold. The chart shows that the recent upward resistance of gold has been   around 2003.18 – 2008.02 – 2014.78, and the downward support has been around 1992.74   – 1984.19 – 1977.02. The market will be judged by whether to break through   the upper and lower support and resistance.Note: The above strategy was updated at 15:00 on November 23. This policy is a daytime   policy. Please pay attention to the policy release time.

Crude Oil USOUSD·
Resistance	77.18 – 77.96 – 78.65
Support	73.81 – 73.04 – 72.37
The above chart shows the 30 minute chart of US   crude oil. The chart shows that the recent upward resistance of US crude oil   is around 77.18 – 77.96 – 78.65, and the downward support is around 73.81 –   73.04 – 72.37. The market will be judged by whether to break through the   upper and lower support and resistance. Note: The above strategy was updated at 15:00 on November 23. This policy is a daytime   policy. Please pay attention to the policy release time.

EURUSD·
Resistance	1.0917 - 1.0960 - 1.0984
Support	1.0851 - 1.0824 - 1.0809
The above figure shows the 30 minute chart of   EURUSD. The chart shows that the recent upward resistance of EURUSD is around   1.0917 - 1.0960 - 1.0984, and the downward support is around 1.0851 - 1.0824   - 1.0809. The market will be judged by whether to break through the upper and   lower support and resistance. Note: The above strategy was updated at 15:00 on November 23. This policy is a daytime   policy. Please pay attention to the policy release time.

GBPUSD·
Resistance	1.2549 – 1.2589 – 1.2629
Support	1.2488 - 1.2448 – 1.2404
The above figure shows the 30 minute chart of   GBPUSD. The chart shows that the recent upward resistance of GBPUSD is around   1.2549 – 1.2589 – 1.2629, and the downward support is around 1.2488 - 1.2448   – 1.2404. The market will be judged by whether to break through the upper and   lower support and resistance. Note: The above strategy was updated at 15:00 on November 23. This policy is a daytime   policy. Please pay attention to the policy release time.