Abstract:At the end of the Asian market on Friday (October 13), the US dollar index rose significantly yesterday due to the impact of US CPI data.
At the end of the Asian market on Friday (October 13), the US dollar index rose significantly yesterday due to the impact of US CPI data. Today, at the opening of the Asian market, it fell back to 106.41 and was hindered. The current price has slightly risen to 106.50. Gold rebounded and rose at the opening of the Asian market, with the current price at 1875.88. The trend of crude oil in yesterday's market showed an inverse V-shaped reversal, with a slight increase at the opening of the Asian market. The current price is at 82.87. EURUSD rebounded and rose to 1.0550 at the opening of the Asian market, but the correction was hindered. The current price is at 1.0542. USDJPY accelerated its decline at the opening of the Asian market, as the price approached 150. Investors were concerned that the Bank of Japan would intervene in market investment sentiment and were cautious. The current price of USDJPY is around 149.73.
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 13, Beijing time.
· Gold XAUUSD· | |
Resistance | 1879.91 – 1884.76 |
Support | 1867.78 – 1858.41 – 1853.15 |
Gold rebounded and rose in the Asian market and is likely to continue the downward trend of yesterday's US market in the future market. Intraday attention to the support of 1867.78 – 1858.41 – 1853.15 below and the resistance of 1879.91 – 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 13. This policy is a daytime policy. Please pay attention to the policy release time. |
·Crude Oil USOUSD· | |
Resistance | 82.87—83.91—85.04 |
Support | 81.43—80.59 |
US crude oil rebounded and rose in the Asian market. Yesterday, it rose first and then fell and is likely to continue the downward trend of yesterday's US market in the future market. Intraday attention to the support of 81.43—80.59 below and the resistance of 82.87—83.91—85.04 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 13. This policy is a daytime policy. Please pay attention to the policy release time. |
· EURUSD· | |
Resistance | 1.0561 - 1.0580 - 1.0625 |
Support | 1.0518 - 1.0482 |
EURUSD rebounded and rose in the Asian market and is likely to continue the downward trend of yesterday's US market in the future market. Intraday attention to the support of 1.0518 - 1.0482 below and the resistance of 1.0561 - 1.0580 - 1.0625 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 13. This policy is a daytime policy. Please pay attention to the policy release time. |
· GBPUSD· | |
Resistance | 1.2210 - 1.2267 – 1.2313 |
Support | 1.2161 - 1.2104 |
GBPUSD rebounded and rose after the opening of Asian market and is likely to continue the downward trend of yesterday's US market in the future market. Intraday attention to the support of 1.2161 - 1.2104 below and the resistance of 1.2210 - 1.2267 – 1.2313 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 13. This policy is a daytime policy. Please pay attention to the policy release time. |
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.