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U.S. Dollar Advances Against Most Majors

2024-12-13 3867

(fxcue news) - The U.S. dollar strengthened against its most major counterparts in the New York session on Wednesday. The greenback moved up to more than a 1-year high of 0.6298 against the aussie and more than a 2-year high of 0.5715 against the kiwi, off its early lows of 0.6339 and 0.5758, respectively. The greenback climbed to a 4-1/2-year high of 1.4339 against the loonie and a 5-day high of 1.0466 against the euro, from its early lows of 1.4304 and 1.0512, respectively. The greenback rose to 154.08 against the yen. The greenback was trading higher at 1.2702 against the pound. The next possible resistance for the currency is seen around 0.61 against the aussie, 0.55 against the kiwi, 1.47 against the loonie, 1.03 against the euro, 158.00 against the yen and 1.24 against the pound.

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U.S. Dollar Advances Against Most Majors

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U.S. Dollar Advances Against Most Majors

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Trader

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.

Today, I made two gold trades and achieved a perfect profit

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U.S. Dollar Advances Against Most Majors

Sensex

U.S. Business Inventories Inch Up In Line With Estimates In October

Oversold Thai Bourse Nonetheless Tipped To Open In The Red

General Mills Cuts FY25 View Despite Q2 Above Market; Stock Drops

U.S. Housing Starts Unexpectedly Extend Slump In November

Sensex

U.S. Dollar Advances Against Most Majors

European Shares Seen Lower At Open As Investors Await Fed Decision

Please sign in

Trader

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.

Today, I made two gold trades and achieved a perfect profit

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