Technical Analysis (XAUUSD) 

The price of gold (25thof September) was around1868.2 USD/Ouncesearly today. Under 1-hour-chart technical analysis, it continued to drop as predicted yesterday (24th), followed a rebound from the bottom. The candlestick is currently rebounding and lying between the middle and upper Bollinger Bands, with the bands facing upwards. It is likely to continue rebounding. 

Currently, the short-swing upper resistance level liesbetween 1885.0~1887.0. The current supportlevel lies between1850.0~1852.0.Investors who wish to go long could consider buying between 1864.0~1866.0in the short-term and setting the stop loss below 1861.0. 

Forex Trading Market Analysis for Gold
Forex Trading Market Analysis for Gold

Technical Analysis (EURUSD): 

The price of EUR/USD (25thof September) was around 1.16683early today. Under 1-hour-charttechnical analysis, it continued to drop as predicted yesterday (24th). The pullback of the U.S. dollar index later led the candlestick to rebound. The candlestick is currently lying between the middle and upper Bollinger Bands, with the bands facing upwards. It is likely to rebound again after a pullback. 

Currently, the short-swing upper resistance level lies between 1.17000~1.17100. The current support level lies between1.16400~1.16500. Investors who wish to go long could consider buying between 1.16650~1.16750in the short-term and setting the stop loss below1.16500. 

Forex Trading Technical Analysis for EURUSD
Forex Trading Technical Analysis for EURUSD

Technical Analysis (GBPUSD): 

The price of GBP/USD (25thof September) was around 1.27469early today. Under 1-hour-chart technical analysis, the candlestick is currently fluctuating slightly at low yesterday (24th). It is now rebounding and lying between the middle and upper Bollinger Bands, with the bands facing upwards. It is likely to rebound.  

Currently, the short-swing upper resistance level lies between 1.28000~1.28100. The current support level lies between 1.27200~1.27300. 

Investors who wish to go long could consider buying between 1.27450~1.27550in the short-term and setting the stop loss below1.27300. 

Forex Trading Technical Analysis for GBPUSD
Forex Trading Technical Analysis for GBPUSD

Technical Analysis (AUDUSD): 

The price of AUD/USD (25thof September) was around 0.70435 early today. Under 1-hour-charttechnical analysis, it declined again as predicted yesterday (24th). The candlestick is currently rebounding and lying between the middle and upper Bollinger Bands, with the bands facing upwards. It is likely to rise again after a small retracement. 

Currently, the short-swing upper resistance level lies between 0.71000~0.71100. The current support level lies between 0.70200~0.70300. Investors who wish to go long could consider buying between 0.70550~0.70620in the short-term and setting the stop loss below0.70430. 

Forex Trading Technical Analysis for AUDUSD
Forex Trading Technical Analysis for AUDUSD

Technical Analysis (USOUSD): 

The price of USO/USD (25thof September) was around39.80 this morning. Under 1-hour-charttechnical analysis, it continued to fluctuate slightly in the consolidation zone yesterday (24th). The candlestick is currently rebounding after breaking out the resistance zone, with the Bollinger Bands facing upwards and expanding. It is likely to continue rebounding. 

Currently, the short-swing upper resistance level lies between 40.60~40.70. The current support level lies between 39.60~39.70. Investors who wish to go long could consider buying between 40.00~40.10in the short-term and setting the stop loss below39.78. 

Forex Trading Technical Analysis for US Oil
Forex Trading Technical Analysis for US Oil

Technical Analysis (Nas100): 

The NASDAQ (25thof September) was around 10934.2 this morning. Under 1-hour-charttechnical analysis,it dropped again as predicted yesterday (24th), but followed by a rebound after touching the bottom. The candlestick is currently lying between the middle and upper Bollinger Bands, with the bands facing upwards. It is likely to rebound again after a pullback. 

Currently, the short-swing upper resistance level lies between 11150.0~11170.0. The current support level lies between10830.0~10850.0. Investors who wish to go long could consider buying between 10930.0~10950.0 in the short-term and setting the stop loss below 10900.0. 

Forex Trading Market Analysis for NASDAQ
Forex Trading Market Analysis for NASDAQ

Economic Calendar (25thof September) 

(Source: uk.investing.com

 Time Currency Data Importance 
1. 00:01 GBP Gfk Consumer Confidence (Sep) ★ 
2. 13:30 USD Durable Goods Orders (MoM) (Aug) ★★ 

(Importance: maximum three stars ★★★) 

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