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CMS Daily Market Report 2nd September 2022


After three straight days of gains, the euro fell more than 1% on Thursday, closing in the 0.99470 range. Now according to the position of the price in the 4-hour chart, if the price closes below the level of 0.99180, the path will be prepared for the start of a new downward wave towards the range of 0.97625.

According to the analysis, gold fell to the 1702 range in the early hours of Thursday. Now, according to the price position in the 4-hour chart, any increase in the price towards the 1718 range is a selling opportunity, and the way to continue the downward movement towards the 1684 support range is available .

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