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    July 10 Short-term Operation Guide for Major Currencies

    From a technical point of view, the US index rose below 103.20 last Friday and fell above 102.20 to be supported, which means that the US dollar may continue to decline after its short-term rise. If the US index rises below 102.60 today and is blocked, the target for the future decline will point to between 101.90-101.60. Today, the US index's short-term resistance is at 102.55-102.60, and the short-term important resistance is at 102.85-102.90. Today, the US index's short-term support is at 101.90-101.95, and the short-term important support is at 101.60-101.65. The decline in Europe and the United States last Friday was supported above 1.0865, and the rise was blocked below 1.0975, which means that it is possible to maintain the upward trend after the short-term decline in Europe and the United States. If the decline in Europe and the United States is supported above 1.0930 today, the target for the future rise will point to between 1.1005--1.1045. Today, the short-term resistance in Europe and the United States is 1.1000--1.1005, and the short-term important resistance is 1.1040--1.1045. Today, the short-term support in Europe and the United States is 1.0930--1.0935, and the short-term important support is 1.0900--1.0905. Gold fell above 1909.00 last Friday and was supported, and the rise was blocked below 1935.00, which means that gold is likely to maintain a rising trend after falling short-term. If gold falls above 1919.00 today and is supported, the target of rising in the future market will point to between 1938.00--1949.00. Today, the short-term resistance in gold is 1937.00--1938.00, and the short-term important resistance is 1948.00--1949.00. Today, the short-term support in gold is 1919.00--1920.00, and the short-term important support is 1912.00--1913.00.

    The US dollar is mainly short-selling on highs today. Break and stop losses. If there is a profit of more than 30 points, set a stop-win. Withdraw all pending orders without transactions before the opening of the US market. This strategy is suitable for margin, and real orders can be used as a reference.

    Dollar Index: Can be sold at the upper limit of the range of 102.60---101.90, effectively breaking 30 points to stop loss, with the target at the lower limit of the range.

    EUR/USD: You can buy at the lower limit of the range of 1.005---1.0930, effectively breaking 40 points to stop loss, and the target is at the upper limit of the range.

    GBP/USD: You can buy at the lower limit of the range of 1.2885---1.2800, effectively breaking 40 points to stop loss, and the target is at the upper limit of the range.

    USD/CHF: You can sell at the upper limit of the range of 0.8910---0.8850, effectively breaking 35 points to stop loss, and the target is at the lower limit of the range.

    USD/JPY: You can sell at the upper limit of the range of 142.80---141.40, effectively breaking 40 points to stop loss, and the target is at the lower limit of the range.

    AUD/USD: You can buy at the lower limit of the range of 0.6725---0.6670, effectively breaking 30 points to stop loss, and the target is at the upper limit of the range.

    USD/CAD: You can sell at the upper limit of the range of 1.3310---1.3230, effectively breaking 40 points to stop loss, and the target is at the lower limit of the range.

    Gold/USD: You can buy at the lower limit of the range from 1938.00---1919.00, effectively breaking the $10 stop loss, and the target is at the upper limit of the range.

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    Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.