Technical Analysis (XAUUSD)

The price of gold (10th of June) was around 1888.4 USD/Ounce early today. Under 1-hour-chart technical analysis, the candlestick dropped after a surge as predicted yesterday (9th). It is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to pull back.

Currently, the short-swing upper resistance level lies between 1897.0~1900.0. The current support level lies between 1867.0~1870.0. Investors who wish to sell short could consider selling between 1886.0~1890.0 in the short-term and setting the stop loss above 1893.0.

Technical Analysis (EURUSD):

The price of EUR/USD (10th of June) was around 1.21784 early today. Under 1-hour-chart technical analysis, the candlestick pulled back after rising to the resistance yesterday (9th). It is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to fall again after rebounding to resistance.

Currently, the short-swing upper resistance level lies between 1.22000~1.22100. The current support level lies between 1.21100~1.21200. Investors who wish to sell short could consider selling between 1.21700~1.21800 in the short-term and setting the stop loss above 1.21900.

Technical Analysis (GBPUSD):

The price of GBP/USD (10th of June) was around 1.41135 early today. Under 1-hour-chart technical analysis,after the candlestick rebounded slightly yesterday (9th), it plunged again. It is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to make a downside retracement after surging to resistance.

Currently, the short-swing upper resistance level lies between 1.41700~1.41800. The current support level lies between 1.40800~1.40900. Investors who wish to sell short could consider selling between 1.41600~1.41700 in the short-term and setting the stop loss below 1.41450.

Technical Analysis (AUDUSD):

The price of AUD/USD (10th of June) was around 0.77292 early today. Under 1-hour-chart technical analysis, the candlestick pulled back again after a rebound (9th). It is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to go down again.

Currently, the short-swing upper resistance level lies between 0.77600~0.77650. The current support level lies between 0.76700~0.76750. Investors who wish to sell short could consider selling between 0.77250~0.77300 in the short-term and setting the stop loss above 0.77380.

Technical Analysis (USOUSD):

The price of USO/USD (10th of June) was around 69.61 this morning. Under 1-hour-chart technical analysis, after a surge, the candlestick dropped drastically yesterday (9th). It is currently lying between the middle and lower Bollinger Bands. The bands are facing downwards, so it is likely to continue falling.

Currently, the short-swing upper resistance level lies between 70.00~70.20. The current support level lies between 68.40~68.60. Investors who wish to sell short could consider selling between 69.30~69.50 in the short-term and setting the stop loss above 69.80.

Technical Analysis (Nas100):

The NASDAQ (10th of June) was around 13820.3 this morning. Under 1-hour-chart technical analysis, the candlestick soared up as predicted yesterday (9th), but it made a retracement later. It is currently lying between the middle and lower Bollinger Bands. The bands are facing upwards, so it is likely to pull back again.

Currently, the short-swing upper resistance level lies between 13880.0~13900.0. The current support level lies between 13740.0~13760.0. Investors who wish to sell short could consider selling between 13840.0~13860.0 in the short-term and setting the stop loss above 13890.0.

Economic Calendar (10th of June)

(Source: uk.investing.com: https://uk.investing.com/economic-calendar/)

 Time Server TimeCurrencyDataImportance
1.14:45  EURDeposit Facility Rate (Jun)★★★
2.14:45  EURECB Marginal Lending Facility★★★
3.14:45  EURECB Interest Rate Decision (Jun)★★★
4.15:30  USDCore CPI (MoM) (May)★★★
5.15:30  USDInitial Jobless Claims★★★
6.15:30  EURECB Press Conference  ★★★

(Importance: maximum three stars★★★)

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