Mohicans markets：12.27-MHM European Perspective

Market Overview

At the beginning of the Asian market on Tuesday (December 27), the dollar index fluctuated in a narrow range, and the current trading is near 104.18; On the previous trading day, because of the compensatory holiday on Christmas Day, the overall trading in the foreign exchange market was light. The governor of the Bank of Japan denied the possibility of introducing easing policies in the short term. The rise of the yen slowed down. The dollar rose 0.08% against the yen on Monday, closing near 132.87.

Spot gold rose slightly, currently trading near 1805 US dollars/ounce. China announced on Monday night that it would change the name of novel coronavirus pneumonia to novel coronavirus infection from January 8, 2023, cancel the centralized isolation after entry, and resume outbound travel in an orderly manner.

This has improved the market risk appetite and depressed the hedging demand of the US dollar. The US dollar once fell below the 104 integer level, which is expected to fall for three consecutive trading days, providing support for the gold price.

However, the US bond yield is still relatively strong. The 10-year US bond yield is currently trading around 3.743%, close to the nearly four week high set last Friday, which makes gold bulls wary.

Mohicans Markets 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 December 27, 2022 Beijing time.

Intraday Oscillation Range: 1780-1803-1817-1833

Overall Large Oscillation Range: 1730-1756-1780-1803-1817-1833-1856

Spot gold in the subsequent period, 1780-1803-1817-1833 can be operated as a range of bullish and bearish; high throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on December 27. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 22.3-23.1-23.9-24.5

Overall Large Oscillation Range: 20.6-21.5-22.3-23.1-23.9-24.5-25.3

Spot silver in the subsequent period, 22.3-23.1-23.9-24.5 can be operated as an intraday range of bullish and bearish; high throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on December 27. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 76.3-77.9-78.5-79.9-81.3-82.1

Overall Large Oscillation Range: 70.1-71.2-72.3-73.1-73.8-75.1-76.3-77.9-78.5-79.9-81.3-82.1-83.5

U.S. crude oil in the subsequent period, 76.3-77.9-78.5-79.9-81.3 can be operated as a range of bullish and bearish; high throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on December 27. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.0470-1.0580-1.0645

Overall Large Oscillation Range: 1.0290-1.0360-1.0470-1.0580-1.0645-1.0755

EURUSD in the subsequent period,1.0470-1.0580-1.0645 can be operated as an intraday range of bullish and bearish; high throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on December 27. This policy is a daytime policy. Please pay attention to the policy release time.

Intraday Oscillation Range: 1.1920-1.2030-1.2135-1.2250

Overall Large Oscillation Range: 1.1610-1.1830-1.1920-1.2030-1.2135-1.2250-1.2400-1.2470

GBPUSD in the subsequent period, 1.1920-1.2085-1.2250-1.2400 can be operated as an intraday range of bullish and bearish; high throw low suction in the range, chase up and kill down outside the range!

Note: The above strategy was updated at 15:00 on December 27. This policy is a daytime policy. Please pay attention to the policy release time.

Statement|Disclaimer

Disclaimer: The information contained in this material is for general advice only. It does not take into account your investment goals, financial situation or special needs. We have made every effort to ensure the accuracy of the information as of the date of publication. MHMarkets makes no warranties or representations about this material. The examples in this material are for illustration only. To the extent permitted by law, MHMarkets and its employees shall not be liable for any loss or damage arising in any way, including negligence, from any information provided or omitted from this material. The features of MHMarkets products, including applicable fees and charges, are outlined in the product disclosure statements available on the MHMarkets website. Derivatives can be risky and losses can exceed your initial payment. MHMarkets recommends that you seek independent advice.

Mohicans Markets, (Abbreviation: MHMarkets or MHM, Chinese name: Maihui), Australian Financial Services License No. 001296777.