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MHMarkets:The dollar index accelerated its fall in Asia market and the BOJ intervened in the market

MH Markets | 2023-10-25 17:27

Abstract:On Wednesday (October 25), the dollar index rose sharply yesterday, as high as 106.36 line blocked, today's Asian dollar index fell slightly, below 106.18 support, the current price is at 106.26 line; Gold today the Asian market first rose to 1976 near the block, then the price fell to the Asian market opening price 1970.25, the gold price at 1975.03 line

头图2

On Wednesday (October 25), the dollar index rose sharply yesterday, as high as 106.36 line blocked, today's Asian dollar index fell slightly, below 106.18 support, the current price is at 106.26 line; Gold today the Asian market first rose to 1976 near the block, then the price fell to the Asian market opening price 1970.25, the gold price at 1975.03 line; Us crude oil fell strongly yesterday, and continuously broke through the previous strong support level, the price is supported below the 82.74 line, today's Asian market US crude oil continued yesterday's decline trend, the current price has not broken through yesterday's low, the price is at the 83.16 line; Eur/USD fell strongly yesterday and closed near the intraday low. Today EUR/USD rose to 1.0606 in Asia and was blocked, the current price is near 1.0600; Usd/JPY rose strongly after falling sharply yesterday, and the current price is back to near yesterday's high. The policy red line around 150 is still pressing the yen's upper break. Today, USD/JPY consolidated around 149.85 in Asia, and we still pay more attention to the dynamic guidance of the Bank of Japan in the future market.

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 25, Beijing time.

·Gold XAUUSD·

Resistance

1979.15 – 1997.25

Support

1964.10 – 1953.13 – 1944.35

image.png

Gold rose continuously after being supported at   the bottom yesterday, and the price was blocked at the 1977.46 line above. If   the fundamentals do not change, gold is likely to continue the previous   rising trend in the future market. Intraday attention to the support of 1964.10   – 1953.13 – 1944.35 below and the resistance of 1979.15 – 1997.25 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 25. This policy is a daytime policy. Please pay attention to the   policy release time.

 · Crude Oil   USOUSD·

Resistance

84.37 – 85.88 – 87.77

Support

82.74 – 82.26 – 81.39

image.png

The US crude oil market yesterday continued the   previous decline, and broke the previous strong support, finally closed under   the strong support, the future market crude oil is likely to continue the previous   decline trend,

Intraday attention to the support of 82.74 –   82.26 – 81.39 below and the resistance of 84.37 – 85.88 – 87.77 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 25. This policy is a daytime policy. Please pay attention to the   policy release time.

·EURUSD·

Resistance

1.0641 - 1.0670 – 1.0694

Support

1.0589 - 1.0571 – 1.0527

image.png

EURUSD fell strongly yesterday and closed near   the day's low, today's Asian market rally is blocked, Afternoon EURUSD is   likely to continue the previous downward trend,Intraday attention to the support of 1.0589 - 1.0571 – 1.0527 below   and the resistance of 1.0641 - 1.0670 – 1.0694 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 25. This policy is a daytime policy. Please pay attention to the policy   release time.

 · GBPUSD·

Resistance

1.2174 – 1.2232 – 1.2288

Support

1.2143 - 1.2088

image.png

GBPUSD fell strongly in the market yesterday, and   closed near the intraday low point, today's Asian market invoice rise   blocked, after the market GBPUSD is likely to continue the previous decline   trend, Intraday attention to the support of 1.2143 - 1.2088 below and the resistance   of 1.2174 – 1.2232 – 1.2288 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 25. 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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Regulated
MH Markets
Company name:Mohicans Markets (Ltd)
Score
8.44
Website:https://mhmarkets-zh.com/global
5-10 years | Regulated in Australia | Regulated in South Africa | Forex Execution License (STP)
Score
8.44

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