Trading Analysis

Sell XAUUSD
PENDING

Market Divided on Whether Gold Prices Can Continue Higher

On Tuesday, the gold market continued to attract new attention, and the price remained firmly above US$2,000, close to a six-month high. Although the market shows some passive momentum, there are differences in whether it can continue to rise.

Eva Chen

Buy NZDUSD
PENDING

Will the Interest Rate in New Zealand Allow us to Buy NZDUSD?

The interest rate in both countries leads the market .

Saif

Buy AUDUSD
Trading

Focus on Australia's Annual CPI Rate for October

The AUDUSD has broken through the key 200-day SMA and is currently at the recent support level of 0.6595. The hawkish remarks recently made by the Governor of the Reserve Bank of Australia (RBA) have narrowed the discount yield difference between two-year non-sovereign bonds and U.S. Treasury Securities. It is widely expected that tomorrow (November 29), Australia's CPI for October will weaken.

Eva Chen

Buy WTI
Trading

Buy Low and Sell High with Trading Risk Premium

Due to the increase of non-OPEC+ countries' supply and the decline of the war risk premium between Israel and Hamas, WTI crude oil price has fallen by nearly one-fifth from the high level at the end of September. The International Energy Agency (IEA) predicted earlier this month that there will be a supply surplus in the market again next year.

Eva Chen

Sell WTI
PROFIT +1065 Points

With A Doji Star at the Bottom, Can Oil Prices Stand Firmly?

The oscillation range during the day will be 73.8-77.10, and investors are advised to buy low and sell high.

Peterson

Sell XAUUSD
LOSS -500 Points

A Slight Pullback in the US Dollar Boosts Gold Prices

The oscillation range during the day will be 2000-2018, and investors are advised to buy low and sell high.

Peterson

Sell USDJPY
PROFIT +1400 Points

Japanese Yen Strengthens as BoJ Core CPI Takes Center Stage, US PMI Report Sends Mixed Signals

USD/JPY faces technical levels with support at 148.88 and resistance at 149.95 and 150.61. As the currency pair hovers around 149.00, its trajectory depends on the evolving momentum of the US Dollar, especially in the absence of major Japanese economic data this week. The technical analysis suggests a potential retest of 149.56 before a significant downward trend, targeting 148.10.

Warren Takunda

Sell GBPUSD
PENDING

Can Encouraging US Data Sustain GBP/USD's Recovery Rally Ahead of Fed Meeting?

The GBP/USD pair faces critical challenges, and the outcome of key economic events will likely steer its trajectory in the coming days. Investors and traders are advised to remain vigilant and interpret the evolving signals in the context of a complex and interconnected global financial landscape.

Warren Takunda

Buy AUDUSD
PROFIT +500 Points

Australian Dollar Extends Winning Streak: Eyes on Retail Sales Amid RBA Overhaul

The Australian dollar (AUD) has continued its winning streak against the US dollar (USD), showcasing a remarkable 3.8% gain since November 14th. As the currency maintains its upward trajectory, market attention turns to crucial economic indicators and developments within the Reserve Bank of Australia (RBA).

Warren Takunda

Sell USDCAD
PENDING

Continuation of Downward Movement Expected After Correction Ends

The Canadian dollar showed some bullish momentum last Friday, pushing the USDCAD lower towards the 1.3600 region. Better-than-expected retail sales reports and a broad recovery in market risk sentiment boosted the Canadian dollar, while the US dollar softened at the close of the trading week.

Eva Chen

Buy GBPUSD
PENDING

Bullish Trend Remains Intact but with Limited Upside Potential

During Monday's European session, the GBPUSD strengthened, firmly holding above 1.2600 and reaching a two-month high. This asset received upward support from hawkish comments from the Bank of England and a general weakening of the US dollar. Economic data from both countries takes center stage this week.

Eva Chen

Buy WTI
Trading

Range Trading Dominated by Selling High and Buying Low

Ahead of the OPEC+ online meeting scheduled for November 30, the crude oil market may face challenges in rebounding as bearish sentiments strengthen. WTI crude oil futures are currently hovering near $75.00, close to the July lows, due to disputes over production quotas for African member countries by Saudi Arabia and its allies, leading to the postponement of the originally scheduled meeting to this week.

Eva Chen

Buy WTI
EXPIRED

Oil Prices Are Weak as Market Bets on Maintaining Original Production Cuts

Today's oscillation will start from 73.8 to 77.10, and it is better to buy low and sell high.

Peterson

Sell XAUUSD
EXPIRED

Data Maintains Weak and Gold Keeps Strong

Today's oscillation will start from 2000 to 2020, and it is better to buy low and sell high.

Peterson

Buy CADJPY
EXPIRED

Will the Negative CPI in Japan Keep CADJPY Going Up?

Negative CPI in Japan leads the market.

Saif

Sell USDCAD
PENDING

Canadian Dollar Hits One-Month High as Economic Signals Point to Dovish Fed

From a technical analysis perspective, the move below the bull channel prompted a short-term bearish bias. We observed the potential for the price to test the 200EMA at 1.35200, where it could find support and experience an upward bounce.

Warren Takunda

Sell EURGBP
PENDING

Germany Nears Recession While UK Consumer Confidence Edges Up

As EUR/GBP struggles near range highs, technical analysis suggests a critical support test that could signal a bearish trend, potentially deepening the correction.

Warren Takunda

Buy WTI
EXPIRED

Fluctuating in a Narrow Range, Waiting Patiently for the Meeting Next Week

The oscillation range during the day will be 75.3-77.5, and investors are advised to go long at lows.

Peterson

Sell XAUUSD
EXPIRED

The Market Is Thin During Thanksgiving

Today's oscillation will start from 1986 to 2007, and it is better to buy low and sell high.

Peterson

Buy WTI
EXPIRED

News Dominates and Leads to A More Volatile Oil Price

Today's oscillation will start from 73.0 to 77.50, and it is better to buy at lows.

Peterson

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