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News2025-05-07
【XM Market Analysis】--USD/INR Analysis: Facing Strong Resistance Zone On ₹85.00
Long Trade IdeaLong entry after a bullish price action reversal on the H1 timeframe following the next touch of ₹84.22.Place the stop loss 15 pips below the local swing low.Adjust the stop loss to bre

News2025-05-07
Canadian dollar rises slightly as market pressure eases
The Canadian dollar (CAD) against the US dollar (USD) rose, bringing the Canadian dollar to a new high against the US dollar in recent times and pushed CAD to USD more than one-third of the percentage point on Tuesday. Market sentiment found little support aft...

News2025-05-07
Markets expect the Federal Reserve to keep interest rates unchanged
The US dollar index (DXY) was on a defensive state for the third consecutive day, this time falling back to a multi-day low of about 99.30. The FOMC meeting will be a major event, followed by weekly MBA mortgage applications and EIA crude oil inventory reports...

News2025-05-07
The euro hovered around 162.00, and bear pressure began to increase
The euro/yen weakened slightly on Tuesday, hovering around 162.00, with prices maintaining a mid-range between intraday highs and lows. Although selling pressure is still under control, short-term technical indicators continue to be bearish, laying the foundat...

News2025-05-07
5.7 Analysis of the latest market trend of gold rising and falling when encounte
The same market, 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 each time they trade: they think that as long as they predict the market‘s r...

News2025-05-07
USD/JPY strengthens, trade tensions and Fed cautiousness put pressure on the dol
The dollar/yen traded weakly on Tuesday, hovering around the 142.00 area, and safe-haven demand strengthened the yen. Risk aversion has intensified as global investors respond to the high uncertainty of tensions in the Middle East, rising trade frictions and t...

News2025-05-07
The US dollar index fluctuates downward, and the market expects the Federal Rese
On May 7, in the early trading of Asia on Wednesday, Beijing time, the US dollar index hovered around 99.53. On Tuesday, the U.S. dollar index fluctuated downward throughout the day, eventually closing down 0.54% to 99.24 as the U.S. trade deficit widened to a...

News2025-05-07
【XM Market Review】--AUD/USD Forex Signal: Bull Run Losing Momentum
Bearish viewSell the AUD/USD pair and set a take-profit at 0.6400.Add a stop-loss at 0.6600.Timeline: 1-2 days.Bullish viewBuy the AUD/USD pair and set a take-profit at 0.6600.Add a stop-loss at 0.640

News2025-05-07
Guide to short-term operation of major currencies
From a technical point of view, the US dollar index rose below 100.10 on Tuesday and the decline above 99.15 was supported, meaning that the US dollar may maintain a downward trend after a short-term rise. If the US dollar index rises below 99.85 today and enc...

News2025-05-07
【XM Market Review】--BTC/USD Forex Signal: Neutral Outlook Ahead of Fed
Bullish viewBuy the BTC/USD pair and set a take-profit at 98,000.Add a stop-loss at 92,000.Timeline: 1-2 days.Bearish viewSet a sell-stop at 94,000 and a take-profit at 90,000.Add a stop-loss at 98,00

News2025-05-07
The dollar index fluctuates slightly, focusing on the Fed meeting
During the Asian session on Wednesday, the US dollar index fluctuated slightly, and the market‘s optimism about the trade agreement faded. Coupled with the intensification of volatility in emerging Asian currencies, the US dollar was under significant short-te...

News2025-05-07
【XM Group】--GBP/USD Forex Signal: Extremely Bullish Above 1.3435
Bullish viewBuy the GBP/USD pair and set a take-profit at 1.3450.Add a stop-loss at 1.3240.Timeline: 1-2 days.Bearish viewSell the GBP/USD pair and set a take-profit at 1.3250.Add a stop-loss at 1.345

News2025-05-07
India-Pakistan confrontation to promote risk aversion, and the rooster cries gol
Yesterday, the gold market continued to rise. In the morning, the market opened slightly higher at the position of 3335.8 and then filled the gap. After the market started a pull-up process. After the neckline pressure broke through 3372, the market rose stron...

News2025-05-07
A collection of positive and negative news that affects the foreign exchange mar
The following is a collection of positive news that affects the foreign exchange market in the must-read trading on May 7, 2025: Positive news China‘s economic data is positive to support the RMB: The 58th Annual Meeting of the Asian Development Bank Council w...

News2025-05-07
U.S. oil approaches $60 per barrel mark, U.S. may impose tariffs on drugs, gold
Basic news on Wednesday (May 7 Beijing time), spot gold trading was around 3391, and gold prices rose nearly 3% on Tuesday, returning to around 3400, rising to a two-week high, supported by market purchases after the holidays and concerns about the possible ta...
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