Tian Hongliang: The dollar is high and wide, and the strength will continue after the rest.

In yesterday's foreign exchange market, the US dollar was at a high level in the trend of shock consolidation. The US dollar index rose to a maximum of 88.06, with a minimum correction to 87.36, closing at 87.53. The euro/dollar rebounded to a maximum of 1.2499, the lowest fell to 1.2394, closing at 1.2475.

Yesterday, the US dollar index rose moderately to a high of 88.06, but then retraced from that point and eventually closed down with a negative line. Yesterday's data was light. The US retail sales of the Red Book in the week of November 8 increased by 3.8%, and the US dollar index fell back. In terms of economic data, the US retail sales of the Red Book in the week of November 8 increased by 3.8%, and the previous value increased by 3.9%. Yesterday was the national holiday holiday veteran festival in the United States. Lack of most of the capital flow in the US, the market volatility was flat last night, but after the zero point today, there was a significant decline in the US dollar index, and the US dollar fell against a basket of currencies.

From a technical point of view, the US dollar index rebounded yesterday after falling below 88.00, but it did not fall below the support of 87.20, indicating that the US dollar is short-term and long-term competition. The 5, 10, and 20-day moving averages of the US dollar index showed a long-term trend, providing strong support for the exchange rate. The short-term resistance of the US dollar index is at 87.65-87.70, and the short-term important resistance is at 87.90-87.95. The short-term correction of the US dollar index is supported at 87.35-87.400, and the important support is at 87.20-87.25. The euro/dollar rebounded to below 1.2390 yesterday and rebounded after being supported. However, the rebound is limited to below 1.2500, and the future trend is still not optimistic. Today, the short-term test first tests the resistance of 1.2500-1.2510. If it breaks effectively, it will have a chance to rebound to 1.2550-1.2560. Otherwise, it is necessary to make a shock after finishing the shock between 1.2400 and 1.2500.

On November 10th, our "Intelligent Trading" members shorted at 1.2438 and the euro/dollar fell to a minimum of 1.2394, and the short-term profit exceeded 40 points. Is a good trading strategy. On November 11th, our Expert Advisors made a maximum of EUR/USD at 1.2420 and rose to 1.2499. Short-term profit exceeded 40--50 points. It is a successful trading strategy. The above single cases are truthfully summarized, and our member customers can track.

In the short-term, the US dollar is mainly short-selling. It breaks the stop loss. If there is a profit of more than 30 points, it will set a good stop to win. Before the US market opens, all pending orders withdrawn will be withdrawn. This strategy is suitable for margin, and the firm can be used as a reference.

US dollar index: You can sell at the upper limit of 87.95-----87.25, effectively break the 20-point stop loss and target the lower limit of the range.

EUR/USD: You can buy at the lower limit of the range of 1.2520--1.2420, effectively break the 40-point stop loss and target the upper limit of the range.

GBP/USD: You can buy at the lower limit of 1.5965----1.5855, effectively break the 40-point stop loss and target the upper limit of the range.

USD/CHF: It can be sold at the upper limit of 0.9690----0.9610, effectively breaking the 30-point stop loss and targeting the lower limit of the range.

USD/JPY: You can buy at the lower limit of 116.50----115.40, effectively break the 40-point stop loss and target the upper limit of the range.

AUD/USD: You can buy at the lower limit of 0.8750----0.8620, effectively break the 40-point stop loss and target the upper limit of the range.

USD/CAD: You can buy at the lower limit of 1.1385----1.1295, effectively break the 40-point stop loss and target the upper limit of the range.

Gold: You can sell at the upper limit of the range of 11.7.00-1162.00, effectively break the $6 stop loss and target the lower limit of the range.

Silver: You can sell at the upper limit of 16.00-15.50, effectively break the stop loss of $0.20, and target at the lower limit of the range.

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ThyssenKrupp Elevator AG

The Elevator Technology business area brings together the ThyssenKrupp Group's global activities in passenger transportation systems. With sales of 7.2 billion euros in fiscal 2013/2014 and customers in 150 countries, ThyssenKrupp Elevator is one of the world's leading elevator companies. With about 50,000 skilled employees, the company offers innovative and energy-efficient products designed to meet customers` individual requirements.

The portfolio includes passenger and freight elevators, escalators and moving walks, passenger boarding bridges, stair and platform lifts as well as tailored service solutions for all products. 900 locations around the world provide an extensive sales and service network to guarantee closeness to customers.

The business is organized in five operating units, four of which concentrate on the regional elevator business (Central/Eastern/ Northern Europe, Southern Europe/Africa/Middle East, Americas and Asia/Pacific). The other one, which operates globally, is: Access solutions (passenger boarding bridges/chair, service and platform lifts, as well as home elevators).



ThyssenKrupp Elevator Asia Pacific

ThyssenKrupp Elevator Asia Pacific is active in the Asia Pacific market with a dense network of branches and offices offering new installation, modernization and service business for the complete product range.

Our manufacturing factories are located in the following areas:

  • Songjiang Elevator Plant in Shanghai, China
  • Zhongshan Elevator Plant in Guangdong, China
  • Cheonan Elevator Plant, Korea
  • Zhongshan Escalator and Passenger Boarding Bridge Plant in Guangdong, China
  • Access Plant in Shanghai, China

ThyssenKrupp Elevator (China)

ThyssenKrupp Elevator entered China market in 1995. As the fast development of business and production, we have about 10,000 staffs and four factories over the country. We provide elevators, escalators, moving walks, passenger boarding bridges, and accessibility lifts.

ThyssenKrupp Elevator (China) offer installation, modernization and service to all product series, depending on branches, office network, local factories and International Technical Services (ITS). Our goal is to be an efficient elevator solution provider to fit different uses and demands. Anywhere, anytime. More...

ThyssenKrupp AG in brief

ThyssenKrupp has 155,000 employees in around 80 countries work with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2013/2014 ThyssenKrupp generated sales of €43 billion.

Innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of "Material", "Mechanical" and "Plant", we enable our customers to gain an edge in the global market and manufacture innovative products in a cost and resource efficient way.





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