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MHMarkets:The dollar index rose in the Asian trading session, while gold short-term pressure and fell below 1860; USDJPY was hindered from breaking above 148.64 during the Asian session, leading to increased volatility.

MH Markets | 2023-10-10 17:05

Abstract:At the end of the Asian session on Tuesday (October 10), the US dollar index rebounded upwards during the Asian session, with current prices around 1026.21.

头图2

At the end of the Asian session on Tuesday (October 10), the US dollar index rebounded upwards during the Asian session, with current prices around 1026.21. The US dollar rose in the short term, and gold came under pressure in the Asian session. In the late trading session, the Asian session regained all the gains from the opening session, and the current price fell below the Asian session low of 1860 to 1858; Crude oil has slowly declined during the Asian session, with little market volatility. The current price is around 84.51, while the EURUSD has fallen at the beginning of the Asian session, falling below the 1.0564. The current price is around 1.0556; The USDJPY accelerated its rise during a certain period of time. After the price broke through 148.77, the upward trend was hindered, and the current price is in the game at 148.64.

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 10, Beijing time.

· Gold XAUUSD·
Resistance1865.30-1879.80
Support1848.66-1844.03-1833.34
image.png
Gold was under upward pressure during the Asian   session, and subsequently fell below the low point of 1860 during the Asian   session. The market follows the support effect of 1848.66-1844.03-1833.34   below and the suppression of resistance of 1865.30-1879.80 above. The market   will be judged by whether to break through the upper and lower support and   resistance.Note: The above strategy was updated at 15:00 on October   10. This policy is a daytime policy. Please pay attention to the policy   release time.
 ·Crude OilUSOUSD·
Resistance85.61—86.80—87.71
Support83.61—82.16
image.png
The volatility of US crude oil continues to   narrow during the Asian market period. The market follows the support of   83.61—82.16 below and the suppression of   resistance of 85.61—86.80—87.71   above. The market will be judged by whether to break through the upper and   lower support and resistance.Note: The above strategy was updated at 15:00 on October   10. This policy is a daytime policy. Please pay attention to the policy   release time.
· EURUSD·
Resistance1.0573--1.0600--1.0617
Support1.05333—1.0518--1.0482
image.png
EURUSD fell slowly at the opening of the Asian   market. The market follows the support effect of 1.05333—1.0518--1.0482 below and the suppression of resistance of   1.0573--1.0600--1.0617 above. The market will be judged by whether to break   through the upper and lower support and resistance.Note: The above strategy was updated at 15:00 on October   10. This policy is a daytime policy. Please pay attention to the policy   release time.
 · GBPUSD·
Resistance1.2256—1.227
Support1.2195--1.2161
image.png
GBPUSD fell at the opening of the Asian market,   with the current price at 1.2220. The market follows the support of   1.2195--1.2161 below and the suppression of resistance of 1.2256—1.227 above. The market will be judged by whether to break through   the upper and lower support and resistance.Note: The above strategy was updated at 15:00 on October   10. This policy is a daytime policy. Please pay attention to the policy   release time.
尾图
MHMarkets Precious Metal Crude oil Foreign Exchange Fundamentals Overview Techinical Level CPI

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Regulated
MH Markets
Company name:Mohicans Markets (Ltd)
Score
8.44
Website:https://mhmarkets-zh.com/global
5-10 years | Regulated in Australia | Regulated in South Africa | Forex Execution License (STP)
Score
8.44

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