Abstract:At the end of the Asian session on Tuesday (October 10), the US dollar index rebounded upwards during the Asian session, with current prices around 1026.21.
At the end of the Asian session on Tuesday (October 10), the US dollar index rebounded upwards during the Asian session, with current prices around 1026.21. The US dollar rose in the short term, and gold came under pressure in the Asian session. In the late trading session, the Asian session regained all the gains from the opening session, and the current price fell below the Asian session low of 1860 to 1858; Crude oil has slowly declined during the Asian session, with little market volatility. The current price is around 84.51, while the EURUSD has fallen at the beginning of the Asian session, falling below the 1.0564. The current price is around 1.0556; The USDJPY accelerated its rise during a certain period of time. After the price broke through 148.77, the upward trend was hindered, and the current price is in the game at 148.64.
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 10, Beijing time.
· Gold XAUUSD· | |
Resistance | 1865.30-1879.80 |
Support | 1848.66-1844.03-1833.34 |
·Crude OilUSOUSD· | |
Resistance | 85.61—86.80—87.71 |
Support | 83.61—82.16 |
· EURUSD· | |
Resistance | 1.0573--1.0600--1.0617 |
Support | 1.05333—1.0518--1.0482 |
· GBPUSD· | |
Resistance | 1.2256—1.227 |
Support | 1.2195--1.2161 |
Fed Governor Christopher Waller's recent comments have highlighted a cautious stance towards adjusting interest rates, marking a significant moment for the financial markets.
In the forex market, stability was the theme for the U.S. dollar index, holding firm at 104.30. Minor fluctuations were observed across major currency pairs: the Euro slightly weakened against the dollar, closing at 1.0827
In the latest market wrap focusing on the foreign exchange sector, the U.S. dollar index showed minimal movement, holding at 104.31.
On Tuesday, due to February's US durable goods orders growth exceeding expectations and an optimistic economic growth outlook for the first quarter in the US, the US dollar index initially fell but then rose, briefly touching below the 104 mark before recovering during the US trading session, closing up 0.07% at 104.29.