From 15:00 on March 6th to 22:30 March 6th, an overview of the exchange market: the most important market concern released during that period is the US 2 month non farm employment report.

Non farm employment increased by 295 thousand, much higher than the expected increase of 235 thousand, while the unemployment rate dropped to 5.5% in February.

For more than 200 thousand months in twelve consecutive months, the growth rate of direct pursuit of 1994-1995 has been recorded for 200 thousand consecutive months in 13 months.

The data will prompt the Federal Reserve to give up the phrase "patience" at the March meeting to pave the way for raising interest rates.

The US dollar surged after data release, while non US currencies and gold plummeted.

In Germany, the annual rate of industrial production in January (after the adjustment of working day) increased by 0.9%, the former value increased by 0.5%, and the expected fall was 0.2%; the January trade account deficit in France was 3 billion 700 million euros, and the former deficit was 3 billion 450 million euros.

The euro area's inflation level further declined, and the producer price index in Italy fell by 2.9% in January and 2.1% in the previous year.

In the 4 quarter of the euro area, the GDP annual rate correction was 0.9%, unchanged.

Swiss consumers in February

The annualized rate fell by 0.8%, an increase of 0.5%, a fall of 0.6%, a 0.4% decline in the consumer price index and a 0.1% decline in the previous period.

Canada's January construction license rate fell 12.9%, the previous value increased by 7.7%, and expected to fall by 4%.

The US dollar index rose at 96.41, and the US index rose by about 100 points after the announcement of the non farm employment report, which has set a new high of 97.69 since September 2003.

The euro / dollar opened at 1.1015, dropping more than 150 points to eleven and a half years low 1.0851.

GBP / USD opened at 1.5239, down nearly 200 points, refreshed a month low to 1.5055, and the US dollar / yen opened at 120.05, hitting a low of 119.89 after the day, and rose nearly 150 points to three month high 121.27.

Focus and weathervane:

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EUR / USD:

This session opened at 1.1015, dropping more than 150 points to eleven and a half years low 1.0851.

Technically, the euro / dollar chart is on a new long bear road.

On the index, MACD index expansion of green kinetic energy column, double line below zero axis downward extension, KD index double line dead fork downward; exchange rate will further downward.

The initial support of the euro / USD is 1.0780, further supporting at 1.0500, and the key support is at 1.0332. The initial resistance of the exchange rate is 1.0887, further resistance is 1.0938, and the key resistance is 1.0972.

GBP / USD: GBP / USD opened at 1.5239, down nearly 200 points, and refreshed a month low to 1.5055.

From a technical point of view, the pound / dollar fell behind the 8,13 daily average, and the risk of downfall was 1.4950.

On the index, the MACD index expands the green kinetic energy column, and the double line forms a dead fork above the zero axis; the KD index extends downward after two lines of dead ends.

The initial support for GBP / USD is 1.5000, further supporting at 1.4950, and the key target is 1.4813.

The initial resistance is 1.5085, further resistance is 1.5160, and the key resistance is 1.5210..

USD / JPY: USD / JPY opened at 120.05, hitting a daily low of 119.89 and rose nearly 150 points to three months high 121.27.

Technically, the US dollar / yen test confirms a breakthrough in the triangular range on the daily chart, and the new round of rally is in full swing.

Indicators, the MACD index red kinetic energy column expanded again, double horizontal adhesion again spread; KD index double line once again formed golden fork, double line divergence; exchange rate is expected to continue the rally.

The initial target of US dollar / yen upward is 121.50, with a further target of 121.84 and a more critical resistance of 122. The initial support for the exchange rate is 120.70, further support is at 120.20, and the key support lies in 119.60..