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U.S. Dollar Slides Against Majors

2024-09-13 4033

(fxcue news) - The U.S. dollar weakened against other major currencies in the Asian session on Monday. The U.S. dollar fell to nearly a 14-month low of 139.95 against the yen, from Friday's closing value of 140.82. Against the euro and the pound, the greenback dropped to 10-day lows of 1.1105 and 1.3163 from last week's closing quotes of 1.1076 and 1.3122, respectively. The greenback slipped to 0.8453 against the Swiss franc, from Friday's closing value of 0.8489. Against the Australia, the New Zealand and the Canadian dollars, the greenback edged down to 0.6731, 0.6181 and 1.3566 from last week's closing quotes of 0.6703, 0.6156 and 1.3585, respectively. If the greenback extends its downtrend, it is likely to find support around 139.00 against the yen, 1.12 against the euro, 1.33 against the pound, 0.82 against the franc, 0.68 against the aussie, 0.63 against the kiwi and 1.33 against the loonie.

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U.S. Dollar Slides Against Majors

Asian Markets Track Wall Street Higher

Asian Shares Mixed On Disappointing China Data

U.S. Dollar Slides Amid Fed Rate Cut Speculation

U.S. Dollar Slides Against Majors

Yen Rises Against Majors

DAX Dips On Weak Chinese Data

Sensex

Sensex

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Trader

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.

Buy more directly near the current gold price of 2617, 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 2614, 2611, and 2605;

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U.S. Dollar Slides Against Majors

Asian Markets Track Wall Street Higher

Asian Shares Mixed On Disappointing China Data

U.S. Dollar Slides Amid Fed Rate Cut Speculation

U.S. Dollar Slides Against Majors

Yen Rises Against Majors

DAX Dips On Weak Chinese Data

Sensex

Sensex

Please sign in

Trader

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.

Buy more directly near the current gold price of 2617, 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 2614, 2611, and 2605;

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