Home › News › Content

Euro Falls Against Majors

2024-08-27 2799

(fxcue news) - The euro weakened against other major currencies in the Asian session on Wednesday. The euro fell to a 5-day low of 1.1135 against the U.S. dollar and a 2-day low of 160.85 against the yen, from yesterday's closing quotes of 1.1184 and 160.99, respectively. Against the pound and the Swiss franc, the euro slipped to nearly a 4-week low of 0.8420 and nearly a 3-week low of 0.9402 from Tuesday's closing quotes of 0.8432 and 0.9411, respectively. Against Australia, the New Zealand and the Canadian dollars, the euro dropped to more than a 1-month low of 1.6408, nearly a 1-1/2-month low of 1.7856 and more than a 2-week low of 1.4996 from Tuesday's closing quotes of 1.6464, 1.7883 and 1.5031, respectively. If the euro extends its downtrend, it is likely to find support around 1.09 against the greenback, 158.00 against the yen, 0.82 against the pound, 0.92 against the franc, 1.59 against the aussie, 1.77 against the kiwi and 1.47 against the loonie.

This page link：http://www.fxcue.com/89468.html
Tips：This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement：Contact us if the content violates the law or your rights

Like (2901)

Euro Falls Against Majors

Australia Inflation Eases In July

Australian Dollar Rises Against Majors

Sensex

Please sign in

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at FXCue are those of the individual authors and do not necessarily represent the opinion of FXCue or its management. FXCue has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FXCue, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice. FXCue will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Euro Falls Against Majors

Euro Falls Against Majors

Australia Inflation Eases In July

Australian Dollar Rises Against Majors

Sensex

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

Euro Falls Against Majors

Euro Falls Against Majors

Australia Inflation Eases In July

Australian Dollar Rises Against Majors

Sensex

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

关注我们的公众号