Tian Hongliang: US Bond Yields Sharply Lower

The P > dollar index fell on Friday, as the U.S. economic data was generally weak this week, and Ukraine's tension intensified, pushing down U.S. Treasury yields, while market risk preference was low to boost the Swiss franc and the yen against the dollar.

According to media reports, a Ukraine military spokesman said the Ukraine army had attacked and partially destroyed a cross-border armed fleet in Russia.

But the news was denied by the Russian side.

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< p > Russia's Ministry of defense denied that military vehicles and troops entered Ukraine. Ukraine earlier claimed to attack and partially destroy a cross-border Russian armed fleet.

Russia's state news agency, OSN, quoted the Ministry of Defense's statement as saying: "no Russian military convoys entered Ukraine, and there was no such thing as today. Ukraine's rhetoric was fabricated."

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< p > a href= "http://? Www.sjfzxm.com/news/index_c.asp" > Japanese yen < /a > and the Swiss Franc usually benefit from the tense global situation, because the liquidity of these two currencies is very high.

The US dollar is also one of the safe haven currencies, but investors have recently bought the US dollar against emerging market currencies under financial or geopolitical tensions.

The yield on US Treasury bonds has fallen sharply, which is bad for the US dollar because of worries about the conflict between Russia and Ukraine.

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< p > the yield of 10 year treasury bonds fell to the lowest level in June last year.

Late 2.35%, 2.40% late Thursday.

After the announcement of the Ukraine news, the risk trading in the market disappeared without a trace. We saw < a href= "http:// www.sjfzxm.com/news/index_c.asp" > investors < /a > using Japanese yen and Swiss Franc to avoid risks.

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< p > from a technical point of view, although the "a href=" http:// "www.sjfzxm.com/news/index_c.asp" > US dollar index < /a > daily chart 5, 10 and 20 day mean lines are arranged in a long way, but the Japanese line closes on the 20 day average line on the 5 and 10 EMA, and the daily chart MACD appears high position, which means that the US dollar has stagflation and has the need for callback consolidation.

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< p > today, the resistance of the US dollar index's short-term rise is between 81.55 and 81.60, and the short-term resistance is between 81.70 and 81.75.

Today's support for the callbacks is between 81.30 and 81.35, with significant support from 81.20 to 81.25.

The euro / dollar was blocked again in 1.3410 places last Friday, and once again, it means that the breakthrough of 1.3400 is invalid.

If the euro / dollar falls below 1.3330 support, the fall target will point to 1.3300 - 1.3305.

Short term, the euro / dollar short rally rebound resistance in 1.3415 - 1.3420, short-term important resistance in 1.3440 - 1.3445.

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< p > US dollar is the main line of short selling today. It breaks the position to stop losses. If there are more than 30 profit points, we will set a good stop to win. Before we open the market, we will withdraw all the outstanding pactions.

This strategy is suitable for margin and can be taken as a reference.

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< p > US dollar index: it can be sold at the upper limit of the 81.60----81.25 interval, effectively breaking the 15 point stops, and the target is at the lower limit of the interval.

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< p > euro / US dollar: it can buy at the lower limit of 1.3435---1.3365 interval, effectively break 30 points, stop the loss, and aim at the upper limit of the interval.

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< p > pound / dollar: it can be bought at the lower limit of the 1.6720----1.6670 interval, effectively breaking the 30 point stop loss, and the target is at the upper limit of the interval.

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< p > US dollar / Swiss Franc: it can be sold at the upper limit of the 0.9060----0.8990 interval, effectively breaking the 30 point stops, and the target is at the lower limit of the interval.

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< p > US dollar / yen: it can be sold at the upper limit of the 102.70----101.80 interval, effectively breaking the 30 point stop loss, and the target is at the lower limit of the interval.

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< p > Australian dollar / US dollar: it can be sold at the upper limit of the 0.9340----0.9280 interval, effectively breaking the 30 point stop loss, and the target is at the lower limit of the interval.

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< p > US dollar / Canadian Dollar: it can be sold at the upper limit of the 1.0920---1.0860 interval, effectively breaking the 30 point stop loss, and the target is at the lower limit of the interval.

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< p > Gold: it can be sold at the upper limit of 1315 - 1293, effectively breaking the position of $9, and the target is in the lower limit of the interval.

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< p > silver: it can be sold at the upper limit of 19.85 - 19.40, effectively breaking the position of 0.30 US dollars, and the target is in the lower limit of the interval.

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