Mai hui MHmarkets: June 15, 2023-MHM European Perspective
Market Overview
Beijing time on June 15 (Thursday) Asian market in early trading, the dollar index fell slightly, and is currently trading near 102.99. The dollar slipped 0.24% on Wednesday, weighed down by PPI data, and the Fed kept interest rates unchanged as expected, but hinted that borrowing costs would rise another 50 basis points by the end of December. The currency pared losses in late trading, away from the nearly three-week low of 102.66 set earlier.
U.S. crude traded near $68.48 per barrel; oil prices closed lower on Wednesday, just hours after data showed an unexpectedly large increase in U.S. crude inventories, and the Federal Reserve expects more interest rate hikes this year, adding to market concerns about demand.
This trading day needs to pay attention to the further interpretation of the Fed's interest rate resolution by the market. In addition, there are still several heavyweight economic data and risk events in this trading day, focusing on the ECB interest rate resolution, the U.S. monthly rate of retail sales in May (commonly known as: horrible data), the change in U.S. initial jobless claims, the U.S. monthly rate of industrial output in May and the performance of the U.S. import price index in May.
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 June 15, Beijing time.
Intraday Oscillation Range: 1903-1911-1929-1937-1951-1978-1985-1998
Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1873-1889-1903-1911-1929-1937-1951-1978-1985-1998-2007-2016-2033-2046-2057-2066-2077-2089-2097-2100
In the subsequent period of spot gold, 1903-1911-1929-1937-1951-1978-1985-1998 can be operated as the bull and bear range; High throw low suction in the range, chase up and kill down outside the range!
Note: The above strategy was updated at 15:00 on June 15. This policy is a daytime policy. Please pay attention to the policy release time.
Intraday Oscillation Range: 22.3-23.1-23.9-24.5-25.3
Overall Oscillation Range: 19.7-20.1-20.6-21.5-22.3-23.1-23.9-24.5-25.3-26.1-26.6-27.3
In the subsequent period of spot silver, 22.3-23.1-23.9-24.5-25.3 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!
Note: The above strategy was updated at 15:00 on June 15. This policy is a daytime policy. Please pay attention to the policy release time.
Intraday Oscillation Range: 65.8-66.9-67.3-68.9-70.1-71.2-72.3-73.1
Overall Oscillation Range: 62.1-63.7-64.5-65.8-66.9-67.3-68.9-70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3-87.3-89.1
In the subsequent period of Crude Oil, 65.8-66.9-67.3-68.9-70.1-71.2-72.3-73.1 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!
Note: The above strategy was updated at 15:00 on June 15. This policy is a daytime policy. Please pay attention to the policy release time.
Intraday Oscillation Range: 1.0570-1.0690-1.0755-1.0830-1.0950-1.1157
Overall Oscillation Range: 1.0290-1.0360-1.0460-1.0570-1.0690-1.0755-1.0830-1.0950-1.1157-1.1220-1.1303
In the subsequent period of EURUSD, 1.0570-1.0690-1.0755-1.0830-1.0950-1.1157 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!
Note: The above strategy was updated at 15:00 on June 15. This policy is a daytime policy. Please pay attention to the policy release time.
Intraday Oscillation Range: 1.2400-1.2470-1.2550-1.27100-1.28200
Overall Oscillation Range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2375-1.2400-1.2470-1.2550-1.27000-1.28200-1.29300
In the subsequent period of GBPUSD, 1.2400-1.2470-1.2550-1.27100-1.28200 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!
Note: The above strategy was updated at 15:00 on June 15. This policy is a daytime policy. Please pay attention to the policy release time.
