Abstract:At the end of the Asian market on Wednesday (December 27), yesterday evening, the US released the December Dallas Fed Business Activity Index, with a published value of -9.3 and a previous value of -19.9.
At the end of the Asian market on Wednesday (December 27), yesterday evening, the US released the December Dallas Fed Business Activity Index, with a published value of -9.3 and a previous value of -19.9. The US dollar index encountered resistance above yesterday and the market moved downwards, but did not experience any breakthrough, ultimately closing near the intraday low. At the opening of the Asian market today, the US dollar index slightly declined, with the current price around 101.45. After receiving support from below during trading yesterday, gold quickly fluctuated upwards in the market and ultimately closed near the intraday high. At the opening of the Asian market today, gold price was slightly sideways, with the current price around 2067. Due to the tense situation on the China Europe transportation line, the price of US crude oil in the market has risen today. Yesterday, after receiving support from below, the market price of US crude oil rose significantly and broke through multiple resistance levels consecutively, ultimately closing near the intraday high. At the opening of the Asian market today, US crude oil fluctuated slightly and adjusted, with the current price around 75.51. After receiving support below yesterday, EURUSD accelerated its rise in the market and broke through past resistance levels, ultimately closing near the intraday high. When the Asian market opened today, EURUSD fell first and then rose, with the current price around 1.1042.Affected by the fundamentals of the US and internal disagreements within the BOJ, USDJPY consolidated sideways in today's market. Yesterday, USDJPY received support below and slowly rose in the market, but ultimately closed near the intraday median. At the opening of the Asian market today, USDJPY accelerated its rise and the current price is around 142.65.
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 December 27, Beijing time.
Gold XAUUSD· | |
Resistance | 2070.73 – 2076.42 – 2090.39 |
Support | 2057.02 – 2051.04 – 2046.73 |
Crude Oil USOUSD· | |
Resistance | 76.22 – 76.75 – 77.48 |
Support | 73.19 – 72.49 – 72.14 |
EURUSD· | |
Resistance | 1.1064 - 1.1076 - 1.1087 |
Support | 1.1027 - 1.1007- 1.0993 |
GBPUSD· | |
Resistance | 1.2744 – 1.2762 – 1.2792 |
Support | 1.2715 - 1.2701 – 1.2683 |
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.