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[SMM Nickel Morning News] Night V-shaped Operation of Nickel Night Operation Today focus on the support of integer gates near Nickel
Jul 16,2020 08:49CST
translation
Source:SMM
[SMM Nickel Morning News: nightly Nickel Night V-shaped Operation Today focus on Nickel support near Nickel] overnight Shanghai Nickel closed in the long lower shadow line small negative column, K-column station in the 5 / 10 moving average range, shadow line down to explore the 20-day moving average, today pay attention to the support situation of Shanghai Nickel 108000 gate. Lunni closed at the long lower shadow line Xiaoyin column yesterday, the K column stood at the 5-day moving average, and the shadow line explored the 10-day moving average. Lunni opened at 13520 US dollars / ton today, and today it pays attention to the support situation of Lunni's 10-day moving average of 13450 US dollars / ton.
The content below was translated by Tencent automatically for reference.

SMM, July 15:

The overnight Shanghai Nickel 10 contract opened at 108680 yuan / ton last night. last night, Shanghai Nickel fluctuated mainly by short positions. At the beginning of the day, the Shanghai Nickel pressure daily average fell below 107000 yuan / ton to 106870 yuan / ton. it was supported to rebound to a narrow range of 108000 yuan / ton above the daily average line until the close, and finally closed at 107970 yuan / ton. compared with the previous trading day, the settlement price fell by 600 yuan / ton, or 0.55%, and the trading volume was 511000 hands. The position increased by 1189 hands to 147000 hands. Overnight, Shanghai nickel closed in the long lower shadow line Xiaoyin column, the K-column station was in the range of 5 / 10 moving average, and the shadow line went down to the 20-day moving average. Today, we will pay attention to the support situation of Shanghai Nickel 108000 gate.

Renni Asian trading opened at $13605 / tonne yesterday and rose slightly to around $13630 / tonne after opening, then dragged down to $13495 / tonne by Shanghai nickel selling pressure. But it still rose around 13600 US dollars / ton before long. In the afternoon, Lenny rose to $13640 / ton after the shock, and then fell under pressure, only to rise back from below $13530 / ton to around $13600 after entering the European trading session. The center of gravity fluctuated narrowly around the position, and then fell sharply by $13340 / ton under pressure. The 10-day moving average supported Shanghai Nickel to rise again at the end of the day, with a narrow consolidation of $13530 / tonnage until the close, and finally closed at $13535 / tonne. compared with the previous trading day, the settlement price fell 65 US dollars / ton, or 0.48%, the trading volume was 7042 lots, and the position decreased 3909 lots to 197000 lots. Lunni closed at the long lower shadow line Xiaoyin column yesterday, the K column stood at the 5-day moving average, and the shadow line explored the 10-day moving average. Lunni opened at 13520 US dollars / ton today, and today it pays attention to the support situation of Lunni's 10-day moving average of 13450 US dollars / ton.

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