Short term trading strategies for major foreign exchange currencies on April 15th

2025-04-15 2688

Technically speaking, the US dollar index encountered resistance on Monday when it rose below 100.20, and was supported when it fell above 99.20, indicating that the US dollar may maintain its upward trend after a short-term decline. If the US Composite Index stabilizes above 99.15 today, the target for future gains will be between 100.15-100.65. Today, the short-term resistance of the US index is between 100.10 and 100.15. The important short-term resistance is between 100.60 and 100.65. The short-term support of the US index is between 99.15 and 99.20. The important short-term support is between 98.70 and 98.75

The EUR/USD fell above 1.1295 on Monday and received support, while its rise was blocked below 1.1425, indicating that it may maintain a downward trend after a short-term rise. If today's rise encounters resistance below 1.1425, the target for future decline will be between 1.1290 and 1.1230. Today's short-term resistance is between 1.1420 and 1.1425. The important short-term resistance is between 1.1480 and 1.1485. The short-term support is between 1.1290 and 1.1295. The important short-term support is between 1.1230 and 1.1235

Gold was supported on Monday when it fell above 3193.00, but encountered resistance when it rose below 3246.00, indicating that gold may maintain its downward trend after a short-term rise. If gold encounters resistance below 3238.00 today, the target for future decline will be between 3185.00 and 3163.00. Today, the short-term resistance of gold is at 3237.00-3238.00. The important short-term resistance is at 3267.00-3268.00. The short-term support of gold is at 3185.00-3186.00. The important short-term support is at 3163.00-3164.00

The short-term trend of the US dollar today is mainly to buy on dips, break down and stop losses. 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: You can buy at the lower limit of the range from 100.15 to 99.20, with an effective break of 30 points to stop loss, and the target is at the upper limit of the range.

EUR/USD: You can sell within the upper limit of the range of 1.1420-1.1290, effectively breaking the 40 point stop loss and targeting the lower limit of the range.

GBP/USD: You can buy at the lower limit of the range from 1.3245 to 1.3110, with an effective break of 40 points to stop loss, and the target is at the upper limit of the range.

USD/CHF: You can buy at the lower limit of the range from 0.8230 to 0.8080, with an effective break of 40 points to stop loss, and the target is at the upper limit of the range.

USD/JPY: You can buy at the lower limit of the range from 143.90 to 142.05, with an effective break of 40 points and a stop loss at the upper limit of the range.

AUD/USD: You can sell within the upper limit of the range of 0.6365 to 0.6295, with an effective break of 30 points and a stop loss at the lower limit of the range.

USD/CAD: You can buy at the lower limit of the range from 1.3910 to 1.3825, with an effective break of 40 points to stop loss, and the target is at the upper limit of the range.

Gold: can be sold at the upper limit of the range of 3238.00 to 3185.00, with an effective break of $20 stop loss and a target at the lower limit of the range.

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