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News2025-11-04
Gold will be bullish if it does not break yesterday's bottom, and crude oil will
Gold monthly line (long term long) Support: 3230 weekly line (middle line long) Support: 3750 daily line (short band) Resistance: 4090 four hours (short term) key watershed 4007, the price fluctuates in the range of 3960-4040, if it does not break yesterday‘s ...
News2025-11-04
The divergence of U.S. PMI data makes it more difficult for the Federal Reserve
Asian market conditions on Monday, as the market has doubts about the prospect of the Federal Reserve cutting interest rates again this year, the U.S. dollar index continued its rise, approaching the 100 mark during the session. As of now, the U.S. dollar is q...
News2025-11-04
Awaiting the decision of the Reserve Bank of Australia, OPEC Secretary-General d
On November 4, spot gold was trading around US$3,980 in the Asian market on Tuesday. On Monday, the price of gold was stable, fluctuating within a narrow range around the US$4,000 per ounce mark. The market is currently in a wait-and-see period, with investors...
News2025-11-04
November 4th practical foreign exchange strategy
U.S. dollar index: The U.S. dollar index‘s rise on Monday was blocked below 100.00, and its decline was supported above 99.70, which means that the U.S. dollar is likely to maintain a downward trend after a short-term rise. If the U.S. index‘s rise today encou...
News2025-11-04
The dollar continues to strengthen, suppressing the yen, and the market focuses
USD/JPY continued its gains at the start of the new week, holding near lows last seen in mid-February. Investors remain uncertain about the timing of the Bank of Japan‘s next rate hike, especially against the backdrop of aggressive fiscal spending expected by ...
News2025-11-04
The euro maintains a volatile upward trend against the yen, as the Bank of Japan
During the Asian trading session on Monday, EUR/JPY rebounded slightly around 177.90. The Japanese market was thin due to the holiday, but the weak yen still provided support for the exchange rate. Last week, the Bank of Japan kept interest rates unchanged, wi...
News2025-11-04
Rising fiscal risks in the UK push the euro up against the pound as the market f
EUR/GBP continued its upward trend in early European trading on Monday, trading around 0.8775. Market sentiment was affected by domestic political and fiscal uncertainty in the UK, and the pound fell under pressure. British Finance Minister Rachel Reeves is fa...
News2025-11-04
Bollinger Bands trend indicator suggests plunge ahead of Bank of England decisio
During the European trading session on Monday (November 3), judging from the time-sharing chart, the pound/dollar daily low fell to around 1.3117, then rebounded, and is currently oscillating around the moving average (1.3135). It was reported at 1.3136/37 dur...
News2025-11-04
Inflation is soaring but no action is being taken? The Reserve Bank of Australia
During the European session on Monday (November 3), the exchange rate of the Australian dollar against the US dollar fluctuated within a narrow range around 0.6550, rising slightly by about 0.10% during the day. The market‘s focus is on the monetary policy dec...
News2025-11-04
The U.S. dollar index remains below the key psychological level of 100 as the ma
During the European trading session on Monday (November 3), the U.S. dollar index rose slightly, reporting at 99.8780/960, an increase of 0.17%. Prices were relatively calm during the trading session, with the dollar supported by higher Treasury yields. At the...
News2025-11-04
Palm oil hits the 4115 ringgit mark, when will it need reinforcements?
On Monday (November 3), the main palm oil contract on Bursa Malaysia Derivatives Exchange closed at 4,115 ringgit/ton, a single-day drop of 92 ringgit, or 2.19%. The market continues to adjust under the combined influence of continued weakness in oil and fat f...
News2025-11-04
The dollar's technical outlook is "putting" to the hole, but its fundamentals ar
On Monday (November 03), the U.S. dollar index showed a moderate rebound during the Asian and European trading hours, with spot prices fluctuating in a narrow range near key technical resistance levels. As of the time of writing, the U.S. dollar index was quot...
News2025-11-04
11.4 Gold fluctuated widely as expected, continuing to sell high and buy low dur
Your profits come from other people‘s losses. In other words, when someone makes a mistake, profits will appear in the market that can be earned, but you cannot calculate or predict how many people will make a mistake next, or how big of a mistake they will ma...
News2025-11-04
Gold's overnight 4027 shorts fell sharply and were harvested as expected, and th
Gold is still in shock as a whole, it just goes back and forth and keeps pulling. Gold has been trending like this for quite some time after the big gold market, so we have to get used to this market rhythm. Don‘t think that as soon as the market rises, it wil...
News2025-11-04
Short-term operation guide for major currencies on November 4
From a technical point of view, the US dollar index‘s rise on Monday was blocked below 100.00, and its decline was supported above 99.70, which means that the US dollar may maintain a downward trend after a short-term rise. If the U.S. index‘s rise today encou...
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