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MHMarkets:The CPI data is coming in heavy, and the US dollar index has slightly declined in the Asian market, waiting for the data to be released.

MH Markets | 2023-10-12 16:23

Abstract:At the end of the Asian market on Tuesday (October 12), the US dollar index fell slightly, with current prices around 105.61.

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At the end of the Asian market on Tuesday (October 12), the US dollar index fell slightly, with current prices around 105.61. The market is waiting for guidance on US CPI data tonight; At the opening of today's Asian market, gold rose and formed a phased increase in the US market yesterday. The current price is around 1879.82; At the opening of today's Asian market, crude oil fell slightly but was hindered. The current price is around 81.74, and the market is waiting for guidance on tonight's EIA crude oil inventory; At the opening of the Asian market, EURUSD rose and broke through yesterday's high of 1.0634. The current price is near yesterday's high; At the opening of the Asian market, USDJPY rose and was hindered from rising near 149.26 above, with the current price around 149.08;

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 12, Beijing time.

·Gold XAUUSD·
Resistance1879.65 – 1884.76
Support1874.17 – 1867.04 - 1858.41
image.png
Gold broke above yesterday's intraday high during   the Asian market and is likely to continue its previous upward trend in the   future market. Intraday attention to the support of 1874.17 – 1867.04 -   1858.41 below and the resistance of 1879.65 – 1884.76 above. The market will   be judged by whether to break through the upper and lower support and   resistance.Note: The above strategy was updated at 15:00 on October   12. This policy is a daytime policy. Please pay attention to the policy   release time.
 ·Crude OilUSOUSD·
Resistance83.38—85.04—86
Support80.59—79.16
image.png
US crude oil fell slightly in the Asian market and   the gap formed on Sunday has been filled. Intraday attention to the support of   80.59—79.16 below and the resistance of 83.38—85.04—86 above. The market will   be judged by whether to break through the upper and lower support and   resistance.Note: The above strategy was updated at 15:00 on October   12. This policy is a daytime policy. Please pay attention to the policy   release time.
· EURUSD·
Resistance1.0643 - 1.0652 - 1.0670
Support1.0619 - 1.0583 - 1.0571
image.png
EURUSD broke through yesterday's high resistance   during the Asian market and is highly likely to continue its upward trend   within the day. Pay attention to the support of 1.0619 - 1.0583 - 1.0571 below   and the resistance of 1.0643 - 1.0652 - 1.0670 above. The market will be   judged by whether to break through the upper and lower support and   resistance.Note: The above strategy was updated at 15:00 on October   12. This policy is a daytime policy. Please pay attention to the policy   release time.
 · GBPUSD·
Resistance1.2336 - 1.2356 – 1.2420
Support1.2300 - 1.2268 – 1.2233
image.png
GBPUSD rose slightly after the opening of the Asian   market, and the current price is close to yesterday's high above. Intraday   attention to the support of 1.2300 - 1.2268 – 1.2233below and the resistance of 1.2336 - 1.2356 –   1.2420 above. The market will be judged by whether to break   through the upper and lower support and resistance.Note: The above strategy was updated at 15:00 on October   12. This policy is a daytime policy. Please pay attention to the policy   release time.
尾图
MHMarkets Precious Metal Crude oil Foreign Exchange Fundamentals Overview Techinical Level CPI

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MH Markets
Company name:Mohicans Markets (Ltd)
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Website:https://mhmarkets-zh.com/global
5-10 years | Regulated in Australia | Regulated in South Africa | Forex Execution License (STP)
Score
8.39

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