News Detail
The first financial futures: copper weak rebound
发布时间：
2022-06-20
(Reuters) - Copper finished lower last night at $ 7,465. Volume was 112100 lots. Open interest was down 3300 lots to 280,781 lots, and inventories fell to 504,025 tons. Copper last night in the nearly two-month low of 7360 US dollars after the rebound, although the 20-week moving average short-term stabilization, but the whole pattern is still downward adjustment is expected to rebound in the past two days, the target at $ 7,670 Line. Because the overall downward adjustment form is still set up, so the rebound is our opportunity to short.
(Reuters) - Copper finished lower last night at $ 7,465. Volume was 112100 lots. Open interest was down 3300 lots to 280,781 lots, and inventories fell to 504,025 tons. Copper last night in the nearly two-month low of 7360 US dollars after the rebound, although the 20-week moving average short-term stabilization, but the whole pattern is still downward adjustment is expected to rebound in the past two days, the target at $ 7,670 Line. Because the overall downward adjustment form is still set up, so the rebound is our opportunity to short.
In this case,
US dollar index finished lower last night, LME, US crude oil, US stocks and other varieties of homeopathy is a rebound. The dollar index finished lower last night, the highest red to 82.71, the minimum exploration to 82.01, closing up 0.03 points to 82.31 to close. From the technical chart point of view: Although the dollar index finished lower last night to close at a cross star, but the previous high of 82.24 has been a breakthrough, the overall structure is up. US crude oil rebounded sharply yesterday, the highest in June to 83.44 US dollars, the lowest to 81.30 US dollars to 83.22 US dollars to close. From the technical chart point of view: US crude oil bottom pick-up last night, which is a continuous decline after the rebound, the current short-term pressure at $ 85 line, the overall downward adjustment will be the main.
In this case,
The latest economic data: the Federal Reserve meeting on interest rates issued a statement, the Federal Open Market Committee (FOMC) since the March meeting since the information obtained shows that US economic activity continues to increase, the job market began to improve. Unemployment is still high because of high unemployment, modest income growth, falling household wealth and a credit crunch, while companies are spending more on equipment and software, but employers are still hesitant in hiring people. Despite the fact that the economic recovery is likely to take a little stride over a period of time, the Committee expects that resource utilization will gradually increase in the face of price stability, although the bank lending continues to shrink, but the financial market conditions become supportive of economic growth To a higher level.
In this case,
Shanghai copper opened in August today, the main contract opened 410 yuan / ton, opening 58,860 yuan / ton, Shanghai copper after a narrow opening oscillation, from the K map point of view: 60-day moving average line 59500 formed a line First resistance, is expected to be close to this line after the main short rallies. Today, copper prices will rebound slightly in the afternoon, but the overall still showing weak characteristics.