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Yen Rises Against Majors

2024-11-16 1648

(fxcue news) - The Japanese yen strengthened against other major currencies in the late Asian session on Thursday. The yen rose to 2-day highs of 162.86 against the euro, 195.44 against the pound, 175.03 against the Swiss franc and 90.65 against the NZ dollar, from early lows of 163.78, 196.56, 175.81 and 91.33, respectively. Against the U.S., the Australia and the Canadian dollars, the yen edged up to 154.56, 100.66 and 110.67 from early lows of 155.30, 101.14 and 111.19, respectively. If the yen extends its uptrend, it is likely to find resistance around 161.00 against the euro, 193.00 against the pound, 173.00 against the franc, 89.00 against the kiwi, 153.00 against the greenback, 99.00 against the aussie and 109.00 against the loonie.

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Yen Rises Against Majors

DOJ Asks Court To Force Google To Sell Chrome

Asian Markets Trade Mixed

U.K.CPI Update Seen Swaying European Market Sentiment

Commodity Currencies Rise Against Majors

China Keeps Loan Prime Rates Unchanged As Expected

Japanese Market Modestly Lower

Yen Rises Against Majors

U.S. Weekly Claims Unexpectedly Dip To 213

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Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

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Yen Rises Against Majors

DOJ Asks Court To Force Google To Sell Chrome

Asian Markets Trade Mixed

U.K.CPI Update Seen Swaying European Market Sentiment

Commodity Currencies Rise Against Majors

China Keeps Loan Prime Rates Unchanged As Expected

Japanese Market Modestly Lower

Yen Rises Against Majors

U.S. Weekly Claims Unexpectedly Dip To 213

Please sign in

Trader

Buy more near the opening of gold at around 2606, lose 2598, look at 2620, 2626; Short selling is available near 2647 first!

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Tags

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