U.S. Dollar Rises Against Majorsfxcue.com

(fxcue news) - The U.S. dollar strengthened against other major currencies in the Asian session on Friday. The U.S. dollar rose to more than a 2-week high of 1.0457 against the euro and nearly a 2-week high of 1.2658 against the pound, from yesterday's closing quotes of 1.0467 and 1.2670, respectively. Against the yen and the Swiss franc, the greenback advanced to more than a 2-week high of 153.09 and a 3-week high of 0.8931 from Thursday's closing quotes of 152.62 and 0.8920, respectively. Against Australia, the New Zealand and the Canadian dollars, the greenback climbed to a 2-day high of 0.6354, more than a 1-year high of 0.5758 and more than a 4-1/2-month high of 1.4244 from yesterday's closing quotes of 0.6367, 0.5769 and 1.4220, respectively. If the greenback extends its uptrend, it is likely to find resistance around 1.03 against the euro, 1.24 against the pound, 156.00 against the yen, 0.90 against the franc, 0.61 against the aussie, 0.55 against the kiwi and 1.43 against the loonie.

U.S. Dollar Rises Against Majors

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U.S. Dollar Rises Against Majors

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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;

Today's gold trading strategy: Short selling near 2630-2628, stop loss at 2636, target at 2620-2610. Suggest buying long at 2610-2612, stop loss at 2505, target at 2620-2625;

Gold first fell close to 2602 or 2594 and bought long, then rose close to 2624 or yesterday's high and sold short. Crude oil still tends to fluctuate mainly today, buying long below 68.8 or yesterday's low, and selling short above yesterday's high or 70.7.

Today, gold is mainly focused on rebound short selling, with a short-term focus on the resistance line of 2628-2633. If it does not break through, short selling can be done. The short-term focus below is on the first-line support of 2600-2595, and it is advisable to buy more lightly.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.4-67.9 below.

Spot gold is expected to rebound to 2620, short selling with a loss of 2627, short looking at 2606-00, target 2590-86; Short selling at 2631 with a loss of 2638, the target remains the same.

Buy more spot gold for profit and take profit

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U.S. Dollar Rises Against Majors

European Stocks Close Mixed After ECB

ECB Cuts Deposit Rate To 3.00%

Asian Markets Tracks Wall Street Lower

U.S. Import Prices Unexpectedly Inch Up 0.1% In November

Canadian Market Extending Recent Losses

Bay Street Seen Opening With Slightly Positive Bias

U.S. Dollar Rises Against Majors

Sensex

Please sign in

Trader

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;

Today's gold trading strategy: Short selling near 2630-2628, stop loss at 2636, target at 2620-2610. Suggest buying long at 2610-2612, stop loss at 2505, target at 2620-2625;

Gold first fell close to 2602 or 2594 and bought long, then rose close to 2624 or yesterday's high and sold short. Crude oil still tends to fluctuate mainly today, buying long below 68.8 or yesterday's low, and selling short above yesterday's high or 70.7.

Today, gold is mainly focused on rebound short selling, with a short-term focus on the resistance line of 2628-2633. If it does not break through, short selling can be done. The short-term focus below is on the first-line support of 2600-2595, and it is advisable to buy more lightly.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.4-67.9 below.

Spot gold is expected to rebound to 2620, short selling with a loss of 2627, short looking at 2606-00, target 2590-86; Short selling at 2631 with a loss of 2638, the target remains the same.

Buy more spot gold for profit and take profit

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