章节 42  Market Analysis Articles August 9th

Market Analysis 9th August 2023

EURUSD

EURUSD moves flat but slightly lower on Tuesday, able to reach below our 20-period moving average as expected but still between our support and resistance levels. Currently EURUSD running at 1.0964.

Market Analysis Articles August 9th-第1张图

At the time of writing, the four-hour Stochastic indicator is moving higher after reaching the edge of the oversold area, the price is now moving below the 20-period moving average. We are expected that EURUSD might move slightly lower for today and try to reach our support level at 1.0918.

Resistance: 1.1046, 1.1140

Support: 1.0918, 1.0834


GOLD

Gold moves lower on Tuesday and abe to reach below our support level expected. Gold currently is running at $1,928.

Market Analysis Articles August 9th-第2张图

At the time of writing, the four-hour Stochastic indicator is trying to cross back higher but still inside the oversold area, the price is moving below the 20-period moving average. We expect that Gold will moves lower and reach below our support level at $1,921.

Resistance: $1,931, $1,943

Support: $1,921, $1,910


GBPUSD

GBPUSD moves lower in the early session on Tuesday and able to reach above our support level but then moves back higher. Currently, GBPUSD is trading at 1.2749.

Market Analysis Articles August 9th-第3张图

As of this writing, the four-hour Stochastic indicator is moving higher targeting the overbought area, the price is moving just above the 20-period moving average. We expect GBPUSD to move higher and reach above our resistance level at 1.2785.

Resistance: 1.2785, 1.2887

Support: 1.2687, 1.2601


moves lower on Tuesday and able to reach below our support level but then moves back higher. SPXUSD currently is running at 4504. SPXUSD

Market Analysis Articles August 9th-第4张图

As of this writing, the four-hour Stochastic indicator is moving higher in the middle, the price is moving just above the 20-period moving average. We expect that SPXUSD might moves slightly higher today and reach our resistance level at 4531.

Resistance: 4531, 4562

Support: 4497, 4456


USOUSD

USOUSD (WTI) moves lower in the early session on Tuesday and able to reach below our support level as expected but the moves back higher and reached our resistance level. Currently USOUSD is running at 82.38.

Market Analysis Articles August 9th-第5张图

As of the time of writing, the four-hour Stochastic indicator is moving higher targeting the overbought area, the price is still moving above the 20-period moving average. We expect that USOUSD to move slightly higher for today and try to reach above our resistance level at 82.54.

Resistance: 82.54, 83.19

Support: 81.61, 80.48


Key events for today:

NZD    Inflation Expectations q/q

关于我们 用户协议隐私政策风险披露认证协议社区准则 帮助中心 意见反馈
App Store Android

风险披露

金融工具交易属于高风险投资活动,有导致部分或全部投资本金损失的风险,可能不适合所有投资者。本网站所包含的任何观点、聊天信息、通知、新闻资讯、研究调查、分析、价格或其他信息都是作为一般市场信息提供的,仅供教育和娱乐之用,并不构成投资建议。 所有的观点、市场行情、推荐或任何其他内容可能随时会改变,恕不另行通知。Trading.live对因使用或根据这些信息而直接或间接造成的任何损失或损害概不负责。

© 2024 Tradinglive Limited. All Rights Reserved.