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Analysis of today's ups and downs, latest operation suggestions for crude oil
Wonderful introduction:
Don't learn to be sad in the years of youth, what xmserving.comes and goes cannot withstand the passing time. What I promise you may not be the end of the world. Do you remember that the ice blue that has not been asleep in the night is like the romance swallowed by purple jasmine, but the road is far away and people have not returned, where can the love be lost?
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: Analysis of today's ups and downs, and the latest operating suggestions for crude oil". Hope it will be helpful to you! The original content is as follows:
Same market, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue each time they trade: they think that as long as they predict the market's rise and fall, they can make this transaction. This approach of focusing on direction and ignoring position has caused traders to fail. In fact, there is a big difference between the "momentum" and the "direction" that follow the trend, because the direction of the market's movement is in a volatile pattern, and the market trend is often global. What I can do here is to help you control your position reasonably, place orders using support and resistance levels, so that every order has reasonableness and traces to follow. The buying and selling points should not enter the market at will, please be responsible for your own funds. If you really can't grasp the market, you can xmserving.come to find me. There will be no loss for you if you have an extra analyst. Always remember one thing: professionals do professional things, and all practical things are only for profits, and cooperation is only for win-win results.
Analysis of the latest trend of gold:
Analysis of gold news: On Thursday (September 18, Beijing time), spot gold trading around $3,668.12/ounce. The Federal Reserve lowered interest rates by 25 basis points as expected. Fed Chairman Powell pointed out that the employment market was weak. Market participants interpreted the speech of Fed Chairman Powell. Gold prices fell from the record high of $3,703.35/ounce on Wednesday. At 02:00 am on Thursday, Beijing time, the Federal Reserve cut interest rates by 25 basis points, lowering the benchmark interest rate target range to 4.00%-4.25%, in line with market expectations. This is the first rate cut in nine months by the Federal Reserve. Officials believe the recent weakness in the labor market has exceeded the pressure from the rebound in inflationforce. The Fed said it will steadily reduce borrowing costs for the rest of the year. The interest rate resolution was passed by an 11-1 vote, and the only person who disagrees was the new director Stephen Milan. He advocated a 50 basis point cut. Regarding the interest rate path after September, the median Fed dot chart shows that the Fed expects to cut interest rates twice this year, one more than expected in June. Specifically, among the 19 officials, 9 are expected to cut interest rates twice this year, 2 are expected to cut interest rates once, 6 are expected to cut interest rates no longer within the year, 1 is expected to raise interest rates once this year, and 1 is expected to cut interest rates at least twice within the year.
Gold technical analysis: Looking at the current market, although interest rate cuts by 25 basis points, since Powell's speech is biased towards the rise and fall of gold, the weak pattern of gold is beyond doubt in terms of overall trend, and it is natural to continue to be under pressure and downward. Therefore, I suggest that the support that needs to be focused on during the day is the current low point of 3646. Look at the above oscillation, and if the bottom breaks, it will be seen at 3615. As for resistance, pay attention to the rebound high point 3670 first, and focus on the 3680 area. The former is favorable for the short-term low or break low in the short term, while the latter is a short-term reverse resistance. Any rebound below is considered a correction. If it is strongly broken by the bulls, the gold price is expected to return to the 3700 mark and then obtain the momentum of short-term extension upward. Of course, the possibility of continued rise is not high. After all, in the previous repeated trend, the top-bottom conversion structure formed by 3670 and 3685 has been confirmed. In addition, Powell's speech decline started from 3707, which means that the high point is gradually moving down. If the gold price falls step by step, even if there is a recurrence, the high point can still be expected to be below 3707. At that time, the gold price will definitely have stronger strength and greater room for decline after being under pressure. Overall, in terms of gold's short-term operation ideas today, He Bosheng recommends that rebound high altitudes should be the main focus, and the retracement should be the low long as the auxiliary. The short-term focus should be on the 3685-3695 line resistance at the top, and the short-term focus should be on the 3650-3640 line support at the bottom.
Friends who are interested in spot gold, silver TD, London gold, Shanghai gold, Shanghai silver, paper gold, and US crude oil investment, and have just entered the gold market, have severely shrunk funds and have poor returns, can find me. You can add Mr. He Bosheng, and I will provide you with reasonable operation plans based on your entry point and fund size. Since I don’t know where the point where your position is trapped is, I cannot give a corresponding strategy. It is recommended to bring your single position to find He Bosheng (WeChat: hbs6286 DingTalk: hbs6282), I will do my best to solve the problem for you.
Analysis of the latest trend of crude oil:
Crude oil news analysis: On Thursday (September 18, Beijing time) in the early Asian market, U.S. crude oil trading was around $63.76 per barrel, and oil prices fell on Wednesday. Previous data showed that the increase in U.S. diesel inventories caused concerns about demand, and the Federal Reserve cut interest rates as expected. Oil prices fell on Wednesday after data showed rising U.S. diesel stocks sparked demandWorries, and the Fed cut interest rates as expected. Brent crude oil futures closed down 0.76% at $68.22 per barrel; U.S. crude oil futures closed down 0.73% at $64.05. U.S. crude oil inventories fell sharply last week, exports rose sharply, and imports plummeted, the U.S. Energy Information Administration said on Wednesday. But analysts say the increase in distillate stocks has exacerbated demand concerns and has marked prices.
Crude oil technical analysis: From the daily chart level, crude oil has been continuously closed and stopped, forming a narrow range bottom, oil prices repeatedly cross the moving average system, and the medium-term objective trend fluctuates pattern. Oil prices fell below the lower edge of the range on Monday, and there has not yet been a continuous and powerful downward trend. It is expected that the medium-term trend of crude oil will remain weak and volatile consolidation pattern. The short-term (1H) trend of crude oil breaks through the upper resistance of the range and shows an upward trend rhythm. The moving average system is arranged long, and the short-term objective trend direction is upward. Oil prices approached 64 early trading highs, with narrow consolidation, and bulls performed sufficient momentum. It is expected that the crude oil trend will remain bullish in the day. Overall, in terms of today's operational ideas of crude oil, He Bosheng recommends that the main focus should be on the low-sinking back, and the rebound should be supplemented by the high altitude. The short-term focus should be on the 65.5-66.5 line resistance at the top, and the short-term focus should be on the 63.0-62.0 line support at the bottom.
Friends who are interested in spot gold, silver TD, London gold, Shanghai gold, Shanghai silver, paper gold, and US crude oil investment, and have just entered the gold market, have severely shrunk funds and have poor returns, can find me. You can add Mr. He Bosheng, and I will provide you with reasonable operation plans based on your entry point and fund size. Since I don’t know where the point where your position is trapped is, I cannot give a corresponding strategy. It is recommended to bring your single position to find He Bosheng (WeChat: hbs6286 DingTalk: hbs6282), I will do my best to solve the problem for you.
Things you must know when facing losses:
1: Like to buy at the bottom/top. Whenever the market is at a historical low/high price, you will be happy and start to make arrangements as soon as you reach the low/high level. But unexpectedly, since a price has hit a historical low/high level, it is very likely that another new low/high will appear;
2: Unwilling to stop loss is often a kind of luck mentality , because sometimes it is found that the price will xmserving.come back shortly after the stop loss, so I will hold this hope next time, but the consequences of not stop loss are more serious big losses or liquidation, which is absolutely not feasible in long-term investment. "Severe the loss and let the profit run" is indeed a famous saying;
3: Don't dare to follow the trend: Many friends are afraid of lows/high symptoms, and think that gold and crude oil have fallen, and then chase the short and get trapped. What should I do if I get stuck? In fact, there is no inevitable connection between the rise and fall and the price level. He Bosheng believes that the key lies in the "trend". Intervening after the upward trend is formed, this operation method is very safe, and it also makes huge profits in the short term. This kind of low or high may not only cause a missed profit, but also causes the first point of buying at the bottom or top.This leads to losses.
He Bosheng's message: I don't have gorgeous language here, only real trading and Mingming Lang Lang's operations. The market has only one direction, neither bulls nor shorts, but right direction. Reasonable risk control and good investment returns allow every retail investor to find the real pleasure of investing, rather than the hard trading of their own every day, but the continuous increase in losses. I have always believed that choice is more important than hard work. A good instructor and a good technical team should be more responsible to customers in addition to bringing profits to customers. Individual investors, if they face the market alone, they are easily confused by the authorities and are caught off guard when encountering sharp rises and falls. If someone can see the situation clearly outside the circle and give the direction, they can do better.
This article is exclusively planned by gold crude oil analyst He Bosheng (WeChat: hbs6286 DingTalk: hbs6282). Due to the delay in network push, the above content is personal suggestions. Because the online publication is timely and the suggestions in the article are for learning reference only, and the risks of operating based on this are at your own risk. No matter whether the views and strategies of the article are consistent with everyone's opinions, you can xmserving.come to me to discuss and learn together! There is nothing difficult in the world, I am afraid of those who are interested. Investment itself carries risks, reminding everyone to identify the authoritative platform and the strong teacher. Fund safety is the first priority, secondly, consider operational risks, and finally how to make a profit.
The above content is all about "[XM Foreign Exchange]: Analysis of today's ups and downs, the latest operation suggestions for crude oil" and is carefully xmserving.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
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