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News2025-10-16
Can 4250 be blocked?
The rise of gold is constantly refreshing the market‘s understanding. In the past few days, it has gone from 4100, 4150, then 4200 and 4250. Now it seems that 4250 will arrive soon! In the past two days, I have been saying that the unlimited scenery is at the ...
News2025-10-16
Gold maintains its early rally, with Europe and the United States rebounding as
In terms of the performance of the U.S. dollar index, the U.S. dollar index showed a downward trend on Wednesday. The U.S. dollar index price climbed to a maximum of 99.056 that day, dropped to a minimum of 98.624, and finally closed at 98.64. Looking back at ...
News2025-10-16
Gold continues to reach new highs
It is still a simple breakthrough, forcing the market into two camps: bullish and wait-and-see. If there was still the idea of going short before, in the current market, you can only experience the joy of going long. Everything I talk about seems to have n...
News2025-10-16
Trump confirms that he has authorized the CIA to carry out operations in Venezue
On October 16, spot gold was trading around US$4,222. The price of gold stood at US$4,200 per ounce on Wednesday, reaching a maximum of US$4,218.14 per ounce, due to rising bets on interest rate cuts and geopolitical uneasiness. Sentiment has caused investors ...
News2025-10-16
Foreign exchange practical strategy on October 16
U.S. dollar index: The U.S. dollar index‘s rise on Wednesday was blocked below 99.10, and its decline was supported above 98.65, 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 enc...
News2025-10-16
10.16 Gold fluctuated upwards within a wide range as expected, and the market ou
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...
News2025-10-16
Gold rose to 4190 overnight and it was harvested when it woke up, and gold reach
Regarding gold, we have been emphasizing recently that the gold bull market is not over yet. Every sharp drop is just an adjustment, and it just gives the opportunity to go long when it falls back. We have been going long recently. Gold continued to increase a...
News2025-10-16
The dollar missed the 99 mark, and Fed Governor Milan called for a quick interes
On October 16, in early trading in Asia on Thursday, Beijing time, the U.S. dollar index was hovering around 98.49. On Wednesday, the U.S. dollar index fell for the second consecutive trading day. After falling below the 99 mark, it continued to decline and fi...
News2025-10-16
Short-term operation guide for major currencies on October 16
From a technical point of view, the U.S. dollar index‘s rise on Wednesday was blocked below 99.10, and its decline was supported above 98.65, 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 r...
News2025-10-16
Will gold continue to break high after fluctuating at high levels on 10.16? Toda
Same market situation, different guidance, different life. The characteristic of novices is that they do not understand technology and enter the market blindly. They only consider one issue every time they trade: they think that as long as they predict the ris...
News2025-10-16
The legal and political situation has eased, but the budget bomb has been plante
During the Asian session on Wednesday (October 15), the euro held on to the previous day‘s gains against the U.S. dollar and rose moderately, as the decline in political instability in France provided support for the euro, and Federal Reserve Chairman Powell‘s...
News2025-10-16
USD/JPY falls below key support as rising risk aversion drives yen rebound
The Japanese yen (JPY) continued to strengthen against the US dollar (USD) on Wednesday, continuing this week‘s safe-haven buying trend. Affected by rising trade concerns and geopolitical risks, investors have turned to safe-haven assets. Recently, Asian count...
News2025-10-16
Rising expectations of a Fed rate cut push GBP/USD to rebound to 1.3350, while w
In early Asian trading, GBP/USD continued its rebound and was trading near 1.3350. The main reason for the weakness of the US dollar is that expectations of a rate cut by the Federal Reserve have increased significantly. According to the CMEFedWatch tool, the ...
News2025-10-16
Expectations of a Fed rate cut and pressure from government shutdowns drag the U
The U.S. dollar index (DXY) continued to fall during the Asian session, extending the previous day‘s weak performance. The index has now fallen below the 99.00 mark, falling for the second consecutive day. The market generally believes that the Federal Reserve...
News2025-10-16
US data "black hole" triggers global crisis, shutdown farce subverts economic de
In today‘s highly interconnected global economic system, as the world‘s largest economy, the internal turmoil of the United States often affects countries around the world like dominoes. The recent shutdown of the U.S. government has disrupted the release of o...
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