Short term trading strategy for major foreign exchange currencies on March 25th

2025-03-25 1512

Technically speaking, the US dollar index encountered resistance on Monday when it rose below 104.45, and was supported when it fell above 103.80, indicating that the US dollar may maintain its downward trend after a short-term rise. If the US Composite Index encounters resistance below 104.55 today, the target for future decline will be between 103.90 and 103.55. Today, the short-term resistance of the US index is between 104.50 and 104.55. The important short-term resistance is between 104.75 and 104.80. The short-term support of the US index is between 103.90 and 103.95. The important short-term support is between 103.55 and 103.60

The EUR/USD fell above 1.0780 on Monday and received support, while its rise was blocked below 1.0860, indicating that it may maintain its upward trend after a short-term decline. If today's decline stabilizes above 1.0770, the target for future gains will be between 1.0850 and 1.0890. Today's short-term resistance is between 1.0845 and 1.0850. The important short-term resistance is between 1.0885 and 1.0890. Today's short-term support is between 1.0770 and 1.0775. The important short-term support is between 1.0740 and 1.0745

Gold was supported on Monday when it fell above 3002.00, but encountered resistance when it rose below 3034.00, indicating that gold may maintain its downward trend after a short-term rise. If gold encounters resistance below 3026.00 today, the target for future decline will be between 2994.00 and 2983.00. Today, the short-term resistance of gold is between 3025.00 and 3026.00. The important short-term resistance is between 3044.00 and 3045.00. The short-term support for gold is between 2994.00 and 2995.00. The important short-term support is between 2983.00 and 2984.00

The short-term strategy for the US dollar today is mainly to short sell at high prices, with stop loss at break levels. If there is a profit of more than 30 points, set a stop win and withdraw all pending orders that have not been executed before the US market opens. This strategy is suitable for margin trading and can be used as a reference for actual trading.

The US dollar index: can be sold at the upper limit of the range of 104.55-103.90, with an effective break of 30 points to stop loss, and the target is at the lower limit of the range.

EUR/USD: You can buy at the lower limit of the range of 1.0850-1.0770, effectively breaking the 40 point stop loss and targeting the upper limit of the range.

GBP/USD: You can buy at the lower limit of the range 1.2970-1.2890, with an effective break of 40 points and a stop loss at the upper limit of the range.

USD/CHF: You can sell within the upper limit of the range of 0.8855 to 0.8805, with an effective break of 30 points and a stop loss at the lower limit of the range.

USD/JPY: You can buy at the lower limit of the range from 151.10 to 149.70, with an effective break of 40 points and a stop loss at the upper limit of the range.

AUD/USD: You can buy at the lower limit of the range of 0.6305-0.6265, with an effective break of 30 points to stop loss, and the target is at the upper limit of the range.

USD/CAD: You can sell at the upper limit of the range 1.4350-1.4280, with an effective break of 40 points and a stop loss at the lower limit of the range.

Gold: can be sold at the upper limit of the range from 3026.00 to 2995.00, with an effective stop loss of $10 and a target at the lower limit of the range.

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