Swiss Market Ends Higher For 2nd Straight Dayfxcue.com

(fxcue news) - The Switzerland market closed higher on Friday, tracking positive cues from other European markets amid hopes the Federal Reserve will cut interest rate next week, and possibly announce more reductions before the end of the year. The benchmark SMI, which moved between 12,022.46 and 12,077.91, ended with a modest gain of 54.94 points or 0.46% at 12,037.28. Straumann Holding climbed 3.78%. Lonza Group gained 2.25%, while Holcim and Partners Group, both ended higher by about 1.85%. UBS Group, VAT Group, Logitech International, Geberit and Julius Baer gained 1 to 1.55%. Roche GS gained about 1% following news that its subcutaneous anti-PD-(L)1 cancer immunotherapy Tecentriq Hybreza obtained approval from the US Food and Drug Administration. Richemont, Zurich Insurance and Sika all ended nearly 1% up. Lindt & Spruengli, Roche Holding, Swisscom and Swiss Re posted moderate gains. Kuehne + Nagel dropped about 2.2%. Alcon ended 1.65% down. Nestle, Novartis and SIG Group declined marginally.

Swiss Market Ends Higher For 2nd Straight Day

Bay Street Looks Headed For Positive Start

ECB Cuts Interest Rates On Weaker Eurozone Growth Outlook

U.S. Producer Prices Rise Slightly More Than Expected In August

BoE Softens Capital Regime For Banks

Yen Rises Against Majors

U.S. Dollar Falls Against Majors

Swiss Market Ends Higher For 2nd Straight Day

Canadian Market Modestly Higher

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Trader

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

Buy more directly near the current gold price of 2626, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2623, 2620, and 2614;

Gold has emerged from the convergence triangle, and you can buy long after the afternoon rebound. Pay attention to the support levels of 2620 and 2616 below, and the pressure level of 2633 above! Buy long near gold 2622 and 2618, stop loss 2612, target 2633-40

Spot gold: buy long at 2616-10, stop loss at 7 points, target 28-36, look up in sequence;2632-38 short selling, stop loss of 7 points, target 16-10-06 stage open positions to gradually reduce positions. Let's take a look below;

Gold rebounds with a short selling range of 2635-2640, with a stop loss of 2649 and a target range of 2598-2600;

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

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Swiss Market Ends Higher For 2nd Straight Day

Bay Street Looks Headed For Positive Start

ECB Cuts Interest Rates On Weaker Eurozone Growth Outlook

U.S. Producer Prices Rise Slightly More Than Expected In August

BoE Softens Capital Regime For Banks

Yen Rises Against Majors

U.S. Dollar Falls Against Majors

Swiss Market Ends Higher For 2nd Straight Day

Canadian Market Modestly Higher

Please sign in

Trader

Last Friday's long gold trading took profit, and today's two short selling transactions also took profit, perfect

Buy more directly near the current gold price of 2626, with targets of 2642, 2650, and 2664; If three points of 2642, 2650, and 2664 are given for the first time, short selling is allowed; If you buy more in batches around three o'clock on 2623, 2620, and 2614;

Gold has emerged from the convergence triangle, and you can buy long after the afternoon rebound. Pay attention to the support levels of 2620 and 2616 below, and the pressure level of 2633 above! Buy long near gold 2622 and 2618, stop loss 2612, target 2633-40

Spot gold: buy long at 2616-10, stop loss at 7 points, target 28-36, look up in sequence;2632-38 short selling, stop loss of 7 points, target 16-10-06 stage open positions to gradually reduce positions. Let's take a look below;

Gold rebounds with a short selling range of 2635-2640, with a stop loss of 2649 and a target range of 2598-2600;

Crude oil, focus on resistance at $70.6-71.5 above and support at $69.3-68.5 below.

Today, the rebound in gold trading is mainly driven by short selling, supplemented by buying during a pullback. The short-term focus is on the resistance line of 2620-2625 above, and the short-term focus is on the support line of 2600-2598 below.

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