Zusammenfassung:On Friday (October 27), the US dollar index experienced intraday fluctuations yesterday. Today, the Asian market opened with a decline and fell below yesterday's low.
On Friday (October 27), the US dollar index experienced intraday fluctuations yesterday. Today, the Asian market opened with a decline and fell below yesterday's low. The current US dollar index price is at 106.64, which is likely to hinder the future rise of the US dollar index. Affected by the fundamentals of the Israeli-Palestinian conflict, there is still supportive demand for gold below. When the Asian market opened today, gold continued to rise, with its current price at 1988. After being supported yesterday, US crude oil continued to rise at the opening of the Asian market today. There is resistance above the current price of US crude oil, but it should be noted that due to the risk of war and conflict in oil producing regions, there is still support demand below US crude oil. EURUSD rose at the opening of the Asian market, and after breaking above yesterday's high, its rise was hindered. The current price is rapidly fluctuating downwards, at 1.0554. USDJPY is expected to be affected by the intervention of the Bank of Japan in the market, and is facing strong resistance above 150. Today, the Asian market continued to decline and broke through yesterday's small intraday low. The current price is around 150.17. USDJPY in the future market needs to be cautious about the Bank of Japan's decision to suddenly intervene in the market.
MHMarkets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on October 27, Beijing time.