Financial Market Analysis & Forecast

WTI: Driven by the News, Oil Prices Crashed

Oil prices may remain oscillating in the short term, but the general bullish view of crude oil remains unchanged.

King Ten

XAUUSD: Gold Prices Rise Sharply on Resurgence of Bullish Mood

It is recommended to maintain to build positions at lows this year.

King Ten

Buy EURUSD

EUR/USD Approaches Previous Week's High as US Jobless Claims Surge

The EUR/USD currency pair is gaining momentum and steadily approaching the high reached last week, nearing the 1.0800 mark.

Warren Takunda

Sell WTI

WTI: Is an Interim Iran Nuclear Agreement Imminent? One Stone Stirs Up a Thousand Waves

Iran and the U.S. are close to reaching an interim deal to ease some sanctions on Iran in exchange for a reduction in Iran's uranium enrichment activities, two sources said.

Eva Chen

XAUUSD: Upward Trend Clarifying, Focus on Buying the Dips

Gold prices found support around the $1,939 range. The primary bearish trend in the 4-hour chart is starting to reverse. The consolidation phase of the past few trading days may be overturned once the bulls take hold.

Eva Chen

Buy USDJPY

USDJPY: Momentum Indicators Weakening, but Overall Uptrend Remains Intact

USDJPY edged lower on Thursday, keeping negative momentum below the psychological mark of 140.00 after failing to break the 141.00 level several times over the past week. The overall outlook remains bullish but is weakening as the Relative Strength Index (RSI) momentum is approaching the border of negative territory and the stochastic oscillator is moving down.

Eva Chen

Buy USDCAD

USDCAD: Cyclical Rally Opportunities Exist Before Further Decline in the Asset

The Bank of Canada unexpectedly raised the overnight rate by 25 basis points to 4.75% and indicated its commitment to continue implementing quantitative tightening (QT) to support the Canadian dollar.

Eva Chen

Buy EURUSD

EURUSD: Euro Rebounds Unsteadily with Stronger Support Below

EURUSD is currently trying to find support. Although the uptrend has been broken, it is expected to recover.

King Ten

Sell USDCNH

USDCNH: Depreciation Pressure Exists but Limited

CNH faces short-term depreciation pressure based on fundamentals but will not decline significantly.

King Ten

XAUUSD: Under the Atmosphere of External Interest Rate Hikes, Gold Prices Fell Under Pressure

Gold prices may be under pressure in the short term, and buying opportunities are coming.

King Ten

Sell AUDUSD

Is AUDUSD Back Down?

Australian Negative news on GDP leads the market.

Saif

Sell WTI

WTI: Focus on the Rebound in the Short Term and Falling in the Later Period of the Range Trading

WTI crude oil prices remained depressed in the range, and remained under pressure for the second consecutive day. API crude oil inventory unexpectedly decreased, and the market focused on the EIA inventory report to clarify the direction.

Eva Chen

Sell GBPUSD

LOSS -1041 Points

GBPUSD: Go Short at the Highs as the Foundation for Further Rise Is Not Solid

Data released last week showed that the core inflation rate in the UK unexpectedly accelerated to 6.8% in April, prompting the market to raise expectations for the Bank of England to raise interest rates.

Eva Chen

Buy AUDUSD

AUDUSD: After the Bear Stop Loss Order Is Triggered, the Price May Continue to Rise

The AUDUSD rose to a three-week high on Wednesday. Earlier, the Reserve Bank of Australia unexpectedly raised interest rates by 25 basis points to 4.1%, the highest level in 11 years, and said that further interest rate hikes may be needed to push inflation to the target.

Eva Chen

Buy WTI

WTI: Keep Oscillating Without Direction

The market enters a vacuum period, waiting for next week's Fed meeting and CPI data.

King Ten

PROFIT +1467 Points

XAUUSD: The Wait-and-See Mood Is Strong, with Gold Prices Fluctuating Narrowly

In the absence of guidance signals, bulls are cautious and wait patiently for inflation data and Fed meetings.

King Ten

Sell EURAUD

Is EURAUD Continuing Down?

Australian interest rate decisions lead the market .

Saif

Buy DJIA

PROFIT +7082 Points

DJIA: Buy the Dips while Bulls Are to Be Continued

After the end of the previous week's surge, U.S. stocks were relatively flat in Monday's trading. Major stock indexes fell slightly after fluctuating back and forth near the opening level of the day.

Eva Chen