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Financial markets are holding steady yet exhibit a sense of nervous anticipation as the new week commences. The conflicts between Israel and Hamas continues to take center stage, with concerns mounting over the potential for the violence to engulf the broader region.
The conflict that has lasted for more than a year is still stuck in a deadlock. The road to negotiations is difficult and the prospects are unpredictable. The protracted nature of this conflict has become increasingly apparent.
On October 27, 2023, military strongholds of the Burmese army in Lashio, Guiyang and other places in northern Myanmar were attacked by armed forces and fierce exchanges of fire broke out. The security situation is complex and severe.
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I have 5 years of experience in financial analysis, especially in aspects of macro developments and medium and long-term trend judgment. My focus is maily on the developments of the Middle East, emerging markets, coal, wheat and other agricultural products.
BeingTrader chief Trading Coach & Speaker, 8+ years of experience in the forex market trading mainly XAUUSD, EUR/USD, GBP/USD, USD/JPY, and Crude Oil. A confident trader and analyst who aims to explore various opportunities and guide investors in the market. As an analyst I am looking to enhance the trader’s experience by supporting them with sufficient data and signals.
Jan Aldrin Laruscain is a market analyst of Forexway and enthusiast in trading currencies and indices. With his degree and passion for Finance, he have devised a specific way of trading which breaks down the market through orderflow analysis with deep consideration for fundamentals. He also write and create commentaries on the latest trends about all things finance!
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The Chinese New Year is approaching, so try to manage the risk when following the trend to go long.
78.000
Entry Price
83.500
TP
75.000
SL
134.5
Pips
Profit
75.000
SL
79.345
Exit Price
78.000
Entry Price
83.500
TP
The Canadian dollar Inflation rate CPI Has been released with negative results It was lower than the previous month and the expectation as well at 6.3%, On the other hand, tomorrow we have in the economic calendar inflation rate CPI in the Europe zone with Positive expectations for the euro.
1.44930
Entry Price
1.46429
TP
1.44075
SL
12.4
Pips
Profit
1.44075
SL
1.45054
Exit Price
1.44930
Entry Price
1.46429
TP
Gold fell slightly on Tuesday for the second day in a row, remaining sluggish as it entered the European session and further away from the previous day's high of US$1,928 since April. Gold is expected to return soon as there are bear orders for unfinished tests at US$1,842. Nevertheless, gold prices have started the year strongly; With the support of China's reopening, both investment and physical demand supported the gold price in 2023.
1907.58
Entry Price
1840.00
TP
1930.00
SL
53.2
Pips
Profit
1840.00
TP
1902.26
Exit Price
1907.58
Entry Price
1930.00
SL
The performance of the US economy will gradually improve in the first quarter of 2023, and the Dollar Index may be expected to bottom out.
101.800
Entry Price
106.000
TP
99.000
SL
157.4
Pips
Loss
99.000
SL
100.226
Exit Price
101.800
Entry Price
106.000
TP
The current market is overly traded, and we should be wary of a stampede after the market's overly consistent expectations fall through.
128.000
Entry Price
135.000
TP
124.000
SL
281.9
Pips
Profit
124.000
SL
130.819
Exit Price
128.000
Entry Price
135.000
TP
Copper prices are strong in performance, supported by strong expectations, but the weak trend is difficult to change in the short term. Copper's supply and demand may gradually show a surplus, and the risk of short-term retracement is gradually intensifying.
9120.000
Entry Price
8200.000
TP
9500.000
SL
38000.0
Pips
Loss
8200.000
TP
9500.005
Exit Price
9120.000
Entry Price
9500.000
SL
GBPAUD is firmly supported in a horizontal zone.
1.75500
Entry Price
1.77000
TP
1.74000
SL
150.0
Pips
Profit
1.74000
SL
1.77000
Exit Price
1.75500
Entry Price
1.77000
TP
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