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Pound Rises Against Majors

2024-12-10 1687

(fxcue news) - The British pound strengthened against other major currencies in the European session on Monday. The pound rose to a 4-day high of 194.76 against the yen, from an early low of 193.65. Against the euro and the Swiss franc, the pound advanced to 0.8926 and 1.1286 from an early more than a 2-week low of 0.8328 and a 5-day low of 1.1250, respectively. The pound edged up to 1.2671 against the U.S. dollar, from an early low of 1.2627. If the pound extends its uptrend, it is likely to find resistance 198.00 around the yen, 0.81 against the euro, 1.14 against the franc and 1.28 against the greenback.

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Pound Rises Against Majors

Swiss Market Ends Marginally Down After Lackluster Session

Sensex

Australian Market Drifts Further Lower In Mid-market

Dollar Turns In Mixed Performance Against Major Counterparts

Steady Start Eyed For Thai Stock Market

Pound Rises As Flash U.K. Private Sector Expands Steadily

Pound Rises Against Majors

Asian Markets Trade Mostly Lower

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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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Pound Rises Against Majors

Swiss Market Ends Marginally Down After Lackluster Session

Sensex

Australian Market Drifts Further Lower In Mid-market

Dollar Turns In Mixed Performance Against Major Counterparts

Steady Start Eyed For Thai Stock Market

Pound Rises As Flash U.K. Private Sector Expands Steadily

Pound Rises Against Majors

Asian Markets Trade Mostly Lower

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.

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