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U.S. Durable Goods Orders Virtually Unchanged In August

2024-09-20 3912

(fxcue news) - New orders for U.S. manufactured durable goods were virtually unchanged in the month of August, according to a report released by the Commerce Department on Thursday. The Commerce Department said durable goods orders came in flat in August after soaring by 9.9 percent in July. Economists had expected durable goods orders to tumble by 2.6 percent. Excluding a decrease in orders for transportation equipment, durable goods orders climbed by 0.5 percent in August after edging down by 0.1 percent in July. Ex-transportation orders were expected to inch up by 0.1 percent.

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U.S. Durable Goods Orders Virtually Unchanged In August

Cautious Optimism Seen Guiding European Markets

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U.S. Durable Goods Orders Virtually Unchanged In August

Yen Falls Against Majors

Indian Shares Likely To Open Higher

European Economic News Preview: German Unemployment Data Due

U.S. Dollar Drops Against Majors

Asian Markets Track Wall Street Higher

Sensex

U.S. Durable Goods Orders Virtually Unchanged In August

Cautious Optimism Seen Guiding European Markets

Please sign in

Trader

EURUSD trading, selling for profit

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.

Tags

U.S. Durable Goods Orders Virtually Unchanged In August

Yen Falls Against Majors

Indian Shares Likely To Open Higher

European Economic News Preview: German Unemployment Data Due

U.S. Dollar Drops Against Majors

Asian Markets Track Wall Street Higher

Sensex

U.S. Durable Goods Orders Virtually Unchanged In August

Cautious Optimism Seen Guiding European Markets

Please sign in

Trader

EURUSD trading, selling for profit

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.

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