Forex technical analysis: Europe, the United States, Japan, the United States and Canada, gold operation strategy

US dollar index: The US dollar index was blocked below 96.16 on Tuesday, and the pullback was supported above 95.80, closing at 95.97, which means that the US dollar may maintain its upward trend after a short-term correction. If the US dollar index is supported above 95.80 today, the target for the market outlook will point to 96.15-96.35. If the daily chart of the US dollar index closes above 96.14, we will see the trend of many dollars in the short-term. Otherwise, it will continue to bearish on the trend of the dollar. Today, the short-term resistance of the US dollar index is 96.10-96.15, and the short-term important resistance is 96.35-96.35. Today, the short-term support of the US dollar index is at 95.80-95.85, and the short-term important support is at 95.60-95.65.

EUR/USD: Europe and the United States fell support above 1.1440 on Tuesday, and the rebound was blocked below 1.1495, closing at 1.1467, meaning that Europe and the United States may maintain a downward trend after a short-term rebound. If the rebound in Europe and the United States today is blocked below 1.1495, the target of the downside will point to 1.1440-1.1415. If today's Europe and the United States daily chart closed below 1.1468, we will be short-selling in Europe and the United States. Otherwise, it will continue to look at the trend of Europe and the United States. Today, the short-term resistance in Europe and America is 1.1490-1.1495, and the short-term important resistance is 1.1515-1.1520. Today, short-term support in Europe and America is in 1.1440-1.1445, and short-term important support is in 1.1410-1.1415.

Forex technical analysis:

EUR/USD operation strategy: If it rises to between 1.1485 and 1.1495, it can be sold, the stop loss is above 1.1520, and the target is at 1.1440-1.1445, 1.410-1.1415.

USD/JPY operation strategy: If it rises to 112.80-112.90, it can be sold, the stop loss is above 113.35, and the target is 112.00-112.05, 111.60-111.65.

USD/CAD operation strategy: If it rises to 1.3105-1.3115, it can be sold, the stop loss is above 1.3140, and the target is 1.3070-1.3075, 1.3055-1.3060.

Gold operation strategy: If you fall to 1221.00-1222.00, you can buy, the stop loss is below 1215.00, the target is 1239.00-1240.00, 1248.00-1249.00.

Summary on October 23: Europe and the United States made a lot of positions between 1.1430 and 1.1440, the highest rose to 1.1493, and the short-term profit margin was 45-55 points. The United States and Japan made a lot of positions between 112.45 and 112.55, and they were stopped at 112.10. The US and Canada are required to short between 1.3125 and 1.3135, and the exchange rate has risen to a maximum of 1.3123, which is in line with the requirement that I enter short at 5-10 points in advance. If the investor is short, the minimum price drops to 1.3075, and the short-term profit margin is 40-50 points.

Remind everyone to note that if the strategy first meets the expected closing target, investors who are stable can abandon the day's operation plan. In the actual implementation of this strategy, investors can start to arrange the corresponding positions 5-10 points in advance, but the price of the stop loss should be executed without compromise.

Make a single order according to this strategy. When there are more than 30 points of profit, please do a good job of parity protection, you can also make a profit, and don't let the profit order become a loss order.

Standards for opening positions: risk tolerance is less than 20%, and 0.1 lots per 2,000 USD can be made; risk tolerance can be between 20% and 50%, and 0.1 lots can be made for every $1,000; risk tolerance can exceed 50%. You can do 0.2-0.3 hands for every $1,000.

This article is a personal review, please traders refer to it carefully. Foreign exchange and CFD trading can pose risks to your investment capital.