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U.S. Dollar Falls Against Majors

2024-11-13 3180

(fxcue news) - The U.S. dollar weakened against other major currencies in the Asian session on Tuesday. The U.S. dollar fell to a 4-day low of 1.2689 against the pound, from a recent high of 1.2666. Against the euro and the Swiss franc, the greenback edged down to 1.061 and 0.8827 from recent highs of 1.0583 and 0.8840, respectively. Against the yen and the Canadian dollar, the greenback advanced to 153.95 and 1.4009 from recent highs of 154.62 and 1.4030, respectively. If the greenback extends its downtrend, it is likely to find support around 1.29 against the pound, 1.08 against the euro, 0.86 against the franc, 151.00 against the yen and 1.38 against the loonie.

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U.S. Dollar Falls Against Majors

European Economic News Preview: Eurozone Inflation

U.S. Homebuilder Confidence Improves Much More Than Expected In November

Canadian Dollar Climbs As Inflation Accelerates

South Korea Producer Prices Slip 0.1% In October

European Stocks Close Weak On Geopolitical Concerns

Swiss Market Ends Notably Lower

U.S. Dollar Falls Against Majors

NZ Dollar Advances Against Most Majors

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Trader

In the morning session of the Asian market, both EURUSD and GBPUSD traded with stop loss, while XAUUSD made a profit

Today's gold trading advice: Sell near 2641-43, stop loss 2650, target 2623-12. Buy near 2614-16, stop loss 2606, target 2624-35.

Before the gold price touched above 2660, it was bought based on a pullback around 2625. If gold doesn't go back and goes up directly, then wait until 2660-2680 to sell.

Today's crude oil operation adopts a high sell low buy strategy, with a focus on resistance at $70.2-71.2 above and support at $68.4-67.5 below.

Gold morning trading strategy: Buy directly near 2639, target 2652-2662; If it is sold around 2652 and 2662 for the first time; If given around 2630 and 2622, you can buy in batches;

Spot gold will be sold in batches from 2640-2650-2660 today

I took a two-day break and continued trading. Today, all gold purchases were profitable.

Make two gold trades and make a profit.

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

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U.S. Dollar Falls Against Majors

European Economic News Preview: Eurozone Inflation

U.S. Homebuilder Confidence Improves Much More Than Expected In November

Canadian Dollar Climbs As Inflation Accelerates

South Korea Producer Prices Slip 0.1% In October

European Stocks Close Weak On Geopolitical Concerns

Swiss Market Ends Notably Lower

U.S. Dollar Falls Against Majors

NZ Dollar Advances Against Most Majors

Please sign in

Trader

In the morning session of the Asian market, both EURUSD and GBPUSD traded with stop loss, while XAUUSD made a profit

Today's gold trading advice: Sell near 2641-43, stop loss 2650, target 2623-12. Buy near 2614-16, stop loss 2606, target 2624-35.

Before the gold price touched above 2660, it was bought based on a pullback around 2625. If gold doesn't go back and goes up directly, then wait until 2660-2680 to sell.

Today's crude oil operation adopts a high sell low buy strategy, with a focus on resistance at $70.2-71.2 above and support at $68.4-67.5 below.

Gold morning trading strategy: Buy directly near 2639, target 2652-2662; If it is sold around 2652 and 2662 for the first time; If given around 2630 and 2622, you can buy in batches;

Spot gold will be sold in batches from 2640-2650-2660 today

I took a two-day break and continued trading. Today, all gold purchases were profitable.

Make two gold trades and make a profit.

Gold operation strategy: sell under pressure 2600, stop loss 2597, target 2580;

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

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