Dollar slowed as several US banks are experiencing bankruptcy, causing lower interest and spending. Gold will rise.
EURUSD
Euro may rise on US banking issues.
Trend ↑
Support : 1.05740
Resistance : 1.06356
GBPUSD
Sterling may rise on issues in US banks.
Trend ↑
Support 1.20700
Resistance 1.21270
AUDUSD
Australian dollar rose on issues in US banking sector.
Trend ↑
Support : 0.69300
Resistance : 0.69920
USDJPY
Dollar may drop on weakening due to banking sector issues. Yen may rise.
Trend ↓
Support 132.245
Resistance 135.077
XAUUSD
Gold rose as safe haven alternative after US banking issues.
Trend ↑
Support : 1886.46
Resistance : 1936.42
Crude Oil (WTI)
Oil drop on economic sentiment.
Support 65.60
Resistance 69.35
Disclaimer
Derivative investments involve significant risks and can result in the loss of your invested capital. You are advised to read and study carefully the legality of the company, products and trading rules before deciding to invest your money. Be responsible and accountable in your trading.
TRADING RISKS
Margin transactions use leverage mechanism, carry high risks and not suitable for all investors. THERE IS NO GUARANTEE OF PROFIT on your investment hence be wary any promise of guaranteed profit on trading. You are advised not to use your money if you are not prepared to suffer losses. Before deciding to trade, make sure you understand the risks involved and also consider your experience.
