Forex Trading Strategy

Aihuicha2023-11-05 10:50

On Friday (November 3rd) in New York, the US Department of Labor released a closely watched 10 non farm employment report. As a result, the overall report was unexpectedly weak. After the report was released, the US dollar plummeted and gold prices surged by more than $10, breaking the 2000 mark.

Aihuicha2023-11-05 10:45

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-03 09:52

On Thursday (November 2nd), a day after the Federal Reserve hinted at the possibility of ending the interest rate hike cycle, the US stock market rose as traders waited for Friday's employment report. Apple has released its latest quarterly financial report that exceeded expectations. The Wall Street 'Fear Index' VIX fell below 16 and broke through key technical levels.

Aihuicha2023-11-03 09:47

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-02 09:55

On Wednesday (November 1st), as the Federal Reserve kept interest rates unchanged, hopes of a possible end to the rate hike cycle increased, leading to gains in US stocks and bonds. The decline in US treasury bond bond yields depressed the US dollar, which weakened against major currencies and helped support the yen. The yen strengthened early Thursday, continuing Wednesday's gains. The US employment data portrays a mixed picture. According to the latest JOLTS data, the number of job vacancies i

Aihuicha2023-11-02 09:48

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-11-01 09:55

On Tuesday (October 31st), the Bank of Japan only made minor adjustments to its policy settings, disappointing investors and causing the yen to fall to its lowest level since the beginning of this year. Due to signs that the conflict between Israel and Hamas will still be contained, oil prices fell to their lowest point in two months on Tuesday. The risk aversion sentiment has also cooled, and gold prices continued to decline, falling below $2000 per ounce.

Aihuicha2023-11-01 09:53

Analysis of Trading Strategies for Gold and Crude Oil

Aihuicha2023-10-31 10:07

Richard Snow, a strategist at DailyFX, said that the bullish trend of gold has cooled down, but the potential for a strong upward trend still exists. The silver weekly chart shows that the long-term downward trend is still intact, in stark contrast to the huge driving force of gold.

Aihuicha2023-10-31 10:00