Abstract:On Monday (October 9), the Asian market closed, and after a significant decline in the USDX last Friday, the Asian market opened today with a slight upward adjustment. The current price is around 106.31, and there was no breakthrough during the Asian market; During the gold sub market period, the stock price jumped short and opened high, with overall volatility during the sub market period. The current price has not filled the gap downward, and is currently around 1853.54;
On Monday (October 9), the Asian market closed, and after a significant decline in the USDX last Friday, the Asian market opened today with a slight upward adjustment. The current price is around 106.31, and there was no breakthrough during the Asian market; During the gold sub market period, the stock price jumped short and opened high, with overall volatility during the sub market period. The current price has not filled the gap downward, and is currently around 1853.54; Crude oil was affected by the weekend conflict between Palestine and Israel, and the Asian session opened short and high. During the Asian session, prices rose and fell, and the current price is around 85.50; During the Asian session, the EURUSD showed an overall trend of rising and falling. The current price is around the opening price of 1.0553 in the Asian session, and the market follows the support of the lower Asian session lows; The USDJPY has shown an overall fluctuating trend. Last Friday, the USDJPY quickly rose after the release of non farm data, while after tax prices fell. Due to market concerns about the Bank of Japan's intervention in the foreign exchange market, the recent trend of the Japanese yen has been relatively cautious; The current price of the USDJPY is at the 149.15.
MHMarkets 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 October 9, Beijing time.
·Gold XAUUSD· | |
Resistance | 1857.60-1879.80 |
Support | 1835.08-1810.41 |
·SilverXAGUSD· | |
Resistance | 21.99—22.18 |
Support | 21.46—20.78 |
·Crude OilUSOUSD· | |
Resistance | 86.00—86.80—87.71 |
Support | 84.34—83.84—82.16—80.59 |
·EURUSD· | |
Resistance | 1.0573—1.0600—1.0617 |
Support | 1.0535—1.0482 |
·GBPUSD· | |
Resistance | 1.2224—1.2260—1.2271 |
Support | 1.2104--1.2036 |
Fed Governor Christopher Waller's recent comments have highlighted a cautious stance towards adjusting interest rates, marking a significant moment for the financial markets.
In the forex market, stability was the theme for the U.S. dollar index, holding firm at 104.30. Minor fluctuations were observed across major currency pairs: the Euro slightly weakened against the dollar, closing at 1.0827
In the latest market wrap focusing on the foreign exchange sector, the U.S. dollar index showed minimal movement, holding at 104.31.
On Tuesday, due to February's US durable goods orders growth exceeding expectations and an optimistic economic growth outlook for the first quarter in the US, the US dollar index initially fell but then rose, briefly touching below the 104 mark before recovering during the US trading session, closing up 0.07% at 104.29.