Abstract:At the end of the Asian market on Tuesday (October 12), the US dollar index fell slightly, with current prices around 105.61.
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· | |
Resistance | 1879.65 – 1884.76 |
Support | 1874.17 – 1867.04 - 1858.41 |
·Crude OilUSOUSD· | |
Resistance | 83.38—85.04—86 |
Support | 80.59—79.16 |
· EURUSD· | |
Resistance | 1.0643 - 1.0652 - 1.0670 |
Support | 1.0619 - 1.0583 - 1.0571 |
· GBPUSD· | |
Resistance | 1.2336 - 1.2356 – 1.2420 |
Support | 1.2300 - 1.2268 – 1.2233 |
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.