Chương 44  Market Analysis Articles August 11th

Market Analysis 11th August 2023

EURUSD

EURUSD moves higher on Thursday when the US CPI data is released and able to reach our resistance level as expected, but then end the day slightly lower between our support and resistance levels. Currently EURUSD running at 1.0985.

Market Analysis Articles August 11th-1

At the time of writing, the four-hour Stochastic indicator is moving lower targeting the oversold area, the price is now moving just around the 20-period moving average. We are expected that EURUSD might move higher for today and try to reach back our resistance level at 1.1046.

Resistance: 1.1046, 1.1140

Support: 1.0918, 1.0834


GOLD

Gold moves higher on Thursday when US CPI data is released and able to reach our resistance level as expected, but then end the day lower and reach our support level. Gold currently is running at $1,913.

Market Analysis Articles August 11th-2

At the time of writing, the four-hour Stochastic indicator is moving lower targeting the oversold area, the price is moving below the 20-period moving average. We expect that Gold will moves higher and reach our resistance level at $1,923.

Resistance: $1,923, $1,931

Support: $1,910, $1,902


GBPUSD

GBPUSD moves higher on Thursday when the US CPI data is released but then able to reach our resistance level as expected but then moves back lower. Currently, GBPUSD is trading at 1.2678.

Market Analysis Articles August 11th-3

As of this writing, the four-hour Stochastic indicator is moving lower entering the oversold area, the price is moving below the 20-period moving average. We expect GBPUSD to move lower and reach below our support level at 1.2646.

Resistance: 1.2706, 1.2785

Support: 1.2646, 1.2593


spiked higher when the US CPI data is released on Thursday and able to reach above our resistance level as expected. SPXUSD currently is running at 4474. SPXUSD

Market Analysis Articles August 11th-4

As of this writing, the four-hour Stochastic indicator is moving lower targeting the oversold area, the price is moving below the 20-period moving average. We expect that SPXUSD might moves lower today and reach our support level at 4456.

Resistance: 4497, 4531

Support: 4456, 4428


USOUSD

USOUSD (WTI) moves lower on Thursday and able to break above our support levels. Currently USOUSD is running at 82.44.

Market Analysis Articles August 11th-5

As of the time of writing, the four-hour Stochastic indicator is moving lower targeting the oversold area, the price is now moving around the 20-period moving average. We expect that USOUSD to move slightly lower for today and try to reach our support level at 80.73.

Resistance: 84.03, 85.82

Support: 80.73, 78.52


Key events for today:

GBP    GDP m/m

USD    Core PPI m/m

USD    PPI m/m

USD    Prelim UoM Consumer Sentiment

App Store Android

Tuyên bố rủi ro

Hoạt động giao dịch công cụ tài chính có rủi ro cao, có thể khiến bạn lỗ bộ phận hoặc toàn bộ tiền đầu tư, không thích hợp cho tất cả nhà đầu tư. Tất cả thông tin trên Trang web này bao gồm ý kiến, trò chuyện, thông tin, tin tức, nghiên cứu, phân tích, báo giá, hoặc các thông tin khác chỉ được coi là thông tin của thị trường chung, và chỉ được sử dụng vì mục đích giáo dục và giải trí, không tạo thành lời khuyên đầu tư. Những thông tin này đều có thể thay đổi vào bất bứ lúc nào, và không cần thông báo trước. Trading.live sẽ không chịu trách nhiệm về bất kỳ tổn thất hoặc thiệt hại nào được phát sinh trực tiếp hoặc gián tiếp từ việc sử dụng thông tin này.

© 2024 Tradinglive Limited. All Rights Reserved.