Mohicans markets ：MHM European Market

Market Overview

On Thursday, March 9, international gold prices fluctuated narrowly. Investors are staying on the sidelines ahead of the release of U.S. employment data, which could influence the path of the Federal Reserve's monetary policy. Gold prices below the $1,800 mark will trigger a new potential downtrend.

U.S. crude oil is narrowly oscillating and currently trading near $76.68 per barrel. Although EIA crude oil inventories fell, gasoline stocks fell less than expected; and the relatively strong dollar index after Fed Chairman Powell's speech and concerns that further Fed rate hikes could trigger a recession also weighed on oil prices. Because of concerns that Russia's oil production capacity may exceed expectations, prominent investment banks lowered their oil price forecasts, also dampening the morale of the bulls. In the short term, oil prices are still at risk of further downside.

This trading day, please pay attention to the U.S. Challenger Job Cuts for February and the U.S. initial jobless claims for the week ending March 4.

Mohicans Markets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on March 9, 2023, Beijing time.

Intraday Oscillation Range: 1801-1817-1833-1856-1873

Overall Oscillation Range: 1730-1756-1780-1801-1817-1833-1856-1873-1889-1903-1911-1929-1937-1951-1978-1985

In the subsequent period of spot gold, 1801-1817-1833-1856-1873 can be operated as the bull and bear range; High throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 9. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 20.1-20.6-21.5-22.3

Overall Oscillation Range: 19.7-20.1--20.6-21.5-22.3-23.1-23.9-24.5-25.3-26.1

In the subsequent period of spot silver, 20.1-20.6-21.5-22.3 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 9. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range:75.1-77.9-78.5-79.9-80.7-82.3

Overall Oscillation Range: 70.1-71.2-72.3-73.1-73.8-75.1-77.9-78.5-79.9-80.7-82.3-83.5-85.3

In the subsequent period of US crude oil, 75.1-77.9-78.5-79.9-80.7-82.3 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 9. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.0460-1.0570-1.0690-1.0755-1.0830

Overall Oscillation Range: 1.0290-1.0360-1.0460-1.0570-1.0690-1.0755-1.0830-1.0950-1.1157-1.1220-1.1303

In the subsequent period of EURUSD, 1.0460-1.0570-1.0690-1.0755-1.0830 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 9. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.1610-1.1830-1.1920-1.2030

Overall Oscillation Range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2375-1.2400-1.2470-1.2550

In the subsequent period of GBPUSD, 1.1610-1.1830-1.1920-1.2030 can be operated as the bull and bear range. High throw and low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on March 9. This policy is a daytime policy. Please pay attention to the policy release time.