Sommario:On Tuesday (September 26), the US dollar index remains strong during the early Asian trading, and is currently sitting near 106.00; spot gold continues to be under pressure, with the price of gold slightly above $1,915 per ounce.
Market Overview
On Tuesday (September 26), the US dollar index remains strong during the early Asian trading, and is currently sitting near 106.00; spot gold continues to be under pressure, with the price of gold slightly above $1,915 per ounce. Investors continue to buy oil futures and options, with a focus on crude oil, but buying has slowed as almost all short positions have been covered and bullish market forces are starting to look stretched.
Matías Salord, an analyst at leading financial website FXStreet, wrote in his latest article on Tuesday that the US dollar index touched a monthly high near 106.00. Gold prices are testing the key support level of $1,915 per ounce as bearish pressure increases.
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 September 26, Beijing time.
·Gold XAUUSD· | |
High Probability Scenario | High throw and low suction in the 1892-1903-1919-1931-1945-1951 range |
Low Probability Scenario | Chase up and kill down outside the 1892-1903-1919-1931-1945-1951 range |
·SilverXAGUSD· | |
High Probability Scenario | High throw and low suction in the 21.5-22.3-23.1-23.9-24.5-25.3 range |
Low Probability Scenario | Chase up and kill down outside the 21.5-22.3-23.1-23.9-24.5-25.3 range |
·Crude OilUSOUSD· | |
High Probability Scenario | High throw and low suction in the 83.5-85.3-87.3-89.1-90.7-91.5 range |
Low Probability Scenario | Chase up and kill down outside the 83.5-85.3-87.3-89.1-90.7-91.5 range |
·EURUSD· | |
High Probability Scenario | High throw and low suction in the 1.0360-1.0460-1.0570-1.0690-1.0755 range |
Low Probability Scenario | Chase up and kill down outside the1.0360-1.0460-1.0570-1.0690-1.0755 range |
·GBPUSD· | |
High Probability Scenario | High throw and low suction in the 1.1920-1.2030-1.2135-1.2250-1.2400-1.2470 range |
Low Probability Scenario | Chase up and kill down outside the 1.1920-1.2030-1.2135-1.2250-1.2400-1.2470 range |
STARTRADER
Pepperstone
FxPro
FOREX.com
Vantage
FP Markets
STARTRADER
Pepperstone
FxPro
FOREX.com
Vantage
FP Markets
STARTRADER
Pepperstone
FxPro
FOREX.com
Vantage
FP Markets
STARTRADER
Pepperstone
FxPro
FOREX.com
Vantage
FP Markets