【U.S. Dollar Index】
In terms of the U.S. dollar index, the U.S. dollar index price generally showed an upward trend on Wednesday. The price rose to a high of 102.91, a low of 102.427 and a close at 102.877. Looking back at the price performance of the U.S. index on Wednesday, the price directly gained support after the short-term shock after the morning open, and then continued to maintain a rising state, while the day finally closed at a high level, and the daily level of the big yang state ended. On the whole, the U.S. index price is above the weekly daily line and the four-hour support, so at present, whether it is the medium line, the band or the short-term is still in the bulls, so the operation is also a dip layout, the position first focuses on the four-hour support 102.50-60 range support, and the weekly line focuses on the position of this week's low, so for the time being, you can rely on the 102.50-60 range to see the upside, and the upper focus is on the 103-103.50 area.
The U.S. index is in the range of 102.50-60, defending $5, and the target is 103-103.50
【Gold】
In terms of gold, gold prices generally showed a sharp decline on Wednesday, with the highest price of the day rising to 2624.17, the lowest falling to 2605.07, and closing at 2607.57. Looking back on the performance of the gold market on Wednesday, the price fell under pressure after the morning open, and the price followed the recent performance of the European market to correct the US market and continued to decline, and finally the price of the day ended in a negative state. At present, gold has broken through the daily support area, and the follow-up can be treated according to the band. Subsequent declines need to focus on the weekly support area, so it is enough to remain short until the weekly support is reached. In the short term, we should pay attention to the four-hour resistance 2622-2624 area, which is the key resistance of the four hours, so we will continue to pay attention to the pressure in this area at present, and then pay attention to further pressure, and pay attention to the support in the 2600-2590-2560 area below in the short term.
Gold is in the 2622-23 range, defending $10, targeting 2600-2590-2560
【Europe and America】
In Europe and the United States, prices in Europe and the United States generally showed a decline on Wednesday. The price fell to a low of 1.0935 and rose to a high of 1.0980 and finished at 1.0939. Looking back on the performance of the European and American markets on Wednesday, the price was directly under pressure in the short term after the morning opening, due to the continuous price shocks in the early two days of the week, but the overall price was still bearish, and yesterday's price broke through the lower edge of the shock again, representing the overall weak performance of Europe and the United States, so the follow-up continued to pay attention to the short, the position temporarily focused on the resistance of the 1.0960-70 range, and the following focus on the 1.0910-1.0850 area.
EURUSD 1.0960-70 range empty, defense 40 points, target 1.0900-1.0850
【Today's key economic data and events】Thursday, October 10, 2024
(1) To be determined domestic refined oil to open a new round of price adjustment window
(2) 19:30 The European Central Bank (ECB) released the minutes of its September monetary policy meeting
(3) 20:30 United States non-seasonally adjusted CPI annual rate in September
(4) 20:30 United States seasonally adjusted CPI monthly rate in September
(5) 20:30 United States initial jobless claims for the week ending October 5
(6) 20:30 United States seasonally adjusted core CPI monthly rate in September
(7) 20:30 United States non-seasonally adjusted core CPI y/y in September
(8) 21:15 Fed Governor Lisa · Cook speaks
(9) 22:30 United States EIA natural gas inventories for the week to October 4
(10) 22:30 Federal Reserve Barkin participates in a fireside chat
(11) 23:00 Fed Williams speaks
Note: The above is only a personal opinion strategy, only for review and exchange, does not give any investment advice to customers, has nothing to do with customers' investment, and is not used as the basis for placing orders.