Last week, the US dollar index remained in a low-level consolidation, failing to breach the 100.0 mark. On Monday, it continued to hit new lows in the afternoon session. Technically, the framework from last week remains applicable, with a higher probability of further declines this week. The key support level below is the 98.30 region. There is no suitable entry opportunity at present. If the index closes below 99.40 today, a short position can be opened at or above 99.40 tomorrow, with a stop-loss at 99.70 and targets at 99.00, 98.80, then 98.60 and the 98.30 area. Manage position size carefully and strictly adhere to stop-loss orders.
The euro rose as expected last week, with a minimum pullback to the 1.1510 region, followed by a strong rally on Friday, closing the weekly chart with a bullish candle. From a technical perspective, last week's framework can be maintained, with a bullish outlook for this week. The optimal entry price near 1.1580 has already been missed. Wait for the close today. If it closes at or above 1.1610, a pullback to the 1.1580-1.1600 area tomorrow would provide an entry opportunity, with a stop-loss at 1.1560 and targets around 1.1680 and 1.1730. If the Monday close is below 1.1580, the probability of a downward correction on Tuesday will increase. This strategy is for reference only; manage position sizes and assume all risks.
Gold pulled back to 4320 last week before rallying, but faced resistance at 4450 and subsequently declined. Technically, this wave is unlikely to reach the 4500 area. The rally from 4000 has likely concluded, and the market will now enter an extended period of high-level consolidation and adjustment. Only after this consolidation is complete will the next mid-term bullish wave likely begin. The consolidation period is expected to last 20-30 days. The next mid-term wave is still viewed as bullish, with targets of 4620 and 4730, and a potential maximum target around 5000. In the short term, continued consolidation is the most probable scenario. This week, as long as the 4450 resistance holds, a downward correction is more likely. The key support level below is the 4280 region. No specific trading advice is given for today, only a general framework for reference. Trade at your own risk.
Silver rallied directly to 66.60 last week before facing resistance. Its outlook is similar to that of gold. In the short term, it will likely undergo high-level consolidation before the next wave of upward movement. Key support levels below are 62.80 and 61.40. A bullish outlook remains as long as the price stays above the mid-term support of 60.90, with targets at 73.10 and 75.20. Focus on the strong resistance at 66.60 early this week. If it fails to break above this level, continued consolidation is the most likely outcome. The key support level below is the 62.80 region.