Yen Rises Against Majorsfxcue.com

(fxcue news) - The Japanese yen strengthened against other major currencies in the Asian session on Thursday. The yen rose to nearly a 1-month high of 158.78 against the euro and a 1-month high of 143.31 against the U.S. dollar, from yesterday's closing quotes of 159.28 and 143.73, respectively. The yen advanced to nearly a 3-week high of 188.36 against the pound, from yesterday's closing value of 188.89. Against the Swiss franc and the New Zealand dollars, the yen climbed to near 3-week highs of 169.36 and 88.62 from Wednesday's closing quotes of 169.77 and 89.08, respectively. Against the Australia and the Canadian dollars, the yen jumped to near 1-month highs of 96.23 and 106.09 from yesterday's closing quotes of 96.64 and 106.41, respectively. If the yen extends its uptrend, it is likely to find resistance around 155.00 against the euro, 140.00 against the greenback, 182.00 against the pound, 165.00 against the franc, 82.00 against the kiwi, 89.00 against the aussie and 101.00 against the loonie.

Yen Rises Against Majors

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Yen Rises Against Majors

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Trader

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

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Yen Rises Against Majors

U.S. Private Sector Job Growth In August Slowest Since January 2021

Hong Kong Stock Market May End Losing Streak

Hong Kong Stock Market May End Losing Streak

Asian Markets Trade Mostly Higher

Yen Rises Against Majors

Sensex

Japanese Market Slightly Higher

OpenAI Co-founder's New AI Startup SSI Raises $1 Bln

Please sign in

Trader

In the morning session of the Asian market, buying spot gold resulted in profits, while selling GBP/USD resulted in profits.

The price of gold has risen again, with 2 buy orders yielding profits and short-term sell orders yielding profits at high levels, perfect.

Suggestions for spot gold trading operations: Sell when the price rises close to 2680, sell when it unexpectedly rises above 2690, and buy when the price falls close to 61 or 54. I bought near 2650 in the morning yesterday and sold near 2670 and 2673 in the evening.

In terms of short-term trading strategy for Japanese gold, it is recommended to focus on buying with a pullback and selling with a rebound as a supplement. The short-term focus should be on the 2680-2685 resistance line above, and the short-term focus should be on the 2655-2650 support line below.

The price of gold remains strong, and we broke even today.

Buy spot gold at 2665, take profit at 2673.

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