Japan Services PMI Fades In September

(fxcue news) - The services sector in Japan continued to expand in September, albeit at a slower pace, the latest survey from Jibun Bank revealed on Thursday with a services PMI score of 53.1. That's down from 53.7 in August, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Total new work increased modestly in September. The rate of growth eased for the second successive month but remained above the long-run survey trend. Demand growth was steepest in transport and storage while Information & Communication posted a decline. Exports provided support to overall demand in September, though the latest rise was only marginal. Firms reported new international business linked to demand across parts of Asia, but also signaled weakness in key markets such as mainland China. The data also said the composite PMI slipped to 52.0 in September from 52.9 in August. New business volumes expanded again in September, albeit at slower pace than that in August. Higher order books were driven by the service sector, while manufacturers indicated a modest fall in new work.

Japan Services PMI Fades In September - Jibun

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Japan Services PMI Fades In September - Jibun

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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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Japan Services PMI Fades In September - Jibun

Japanese Market Sharply Higher; Up 2%

Japan Services PMI Fades In September - Jibun

Australian Market Slightly Higher

Singapore Private Sector PMI Slows To 56.6 In September - S&P Global

The new Japanese Prime Minister bluntly stated that the current environment is not suitable for further interest rate hikes, and the USD/JPY has risen to a high in over a month

If Israel attacks Iranian oil facilities, the Canadian dollar may also rise!

Iranian President 'retaliates' against Israel's retaliatory remarks, analyst: gold price may rise above 2700

Thai Stock Market Likely Rangebound On Thursday

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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