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Pound Slides Against Majors

2024-11-17 3514

(fxcue news) - The British pound weakened against other major currencies in the European session on Friday. The pound fell to a 9-day low of 0.8350 against the euro and a 2-day low of 1.1229 against the Swiss franc, from early high of 0.8312 and 1.1281, respectively. Against the yen, the pound slid to a 2-week low of 196.47 from an early 4-day high of 198.45. The pound edged down to 1.2649 against the U.S. dollar, from an early high of 1.2691. If the pound extends its downtrend, it is likely to find support around 0.84 against the euro, 1.11 against the franc, 193.00 against the yen and 1.22 against the greenback.

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Pound Slides Against Majors

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Pound Slides Against Majors

Continued Consolidation May Plague China Shares

Oversold Hang Seng Nonetheless Called Lower Again

European Shares Slide As Powell Signals Careful Approach To Rate Cuts

Australian Market Notably Higher

FTSE 100 Little Changed After GDP Data; Volex Shares Slump 13%

CAC 40 Drifts Lower As Powell Dashes Rate-cut Hopes

Pound Slides Against Majors

Canadian Dollar Slides As Crude Oil Prices Drop

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Trader

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

Today's gold trading stopped losses, we will continue tomorrow.

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Pound Slides Against Majors

Continued Consolidation May Plague China Shares

Oversold Hang Seng Nonetheless Called Lower Again

European Shares Slide As Powell Signals Careful Approach To Rate Cuts

Australian Market Notably Higher

FTSE 100 Little Changed After GDP Data; Volex Shares Slump 13%

CAC 40 Drifts Lower As Powell Dashes Rate-cut Hopes

Pound Slides Against Majors

Canadian Dollar Slides As Crude Oil Prices Drop

Please sign in

Trader

Buy directly near gold 2590, target 2618-2627-2643; If you place a sell order near the three o'clock mark of 2618, 2627, and 2643 for the first time; If given around 2586 and 2578, you can buy in batches;

Sell 2/10 of the positions in batches near 2595-2598 in the morning session of the gold market, with a stop loss of 6 points. Target around 2580-2570, break below the 2560 line;

Gold operation strategy: Sell gold at 2600-2606, stop loss at 2612, target at the 2560-2563 line, break through at 2548-53;

Gold trading strategy: Buy at 2580 in the Asian and European markets, stop loss at 2573, target at 2590-2593; Under pressure in the European and American markets, sell at 2600 with a stop loss of 2597 and a target of 2580;

Crude oil finally fell sharply last Friday, falling below the key support level of 67.6. Today, it rebounded and sold at this level. In terms of operations, crude oil rebounded and sold around 67.6.

Spot gold trading strategy today: sell 2597-2600, stop loss 2609, target at 2585-2577.

EURUSD, XAUUSD profit close trading

Today's gold trading stopped losses, we will continue tomorrow.

Tags

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