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News2025-05-02
Forex practical strategies on May 1
USD Index: The USD index rose below 99.65 on Wednesday and the decline above 99.10 was supported, meaning that the USD may maintain an upward trend after a short-term decline. If the US dollar index falls above 99.20 today and stabilizes, the target of future ...

News2025-05-02
【XM Forex】--USD/CHF Forecast: Traders Brace for NFP
We have seen US dollar strength across the board and the Swiss franc of course will be no different at this juncture.It looks like we are trying to do everything we can to rally a bit.But when you thi

News2025-05-02
【XM Decision Analysis】--Nasdaq Forecast: Approaches the 20000 Level
The Nasdaq 100 was rather bullish during the trading session overall on Thursday, but we did give back about half the gains as we struggled with the 200-day EMA.That‘s not a huge surprise when you thi

News2025-05-02
【XM Decision Analysis】--USD/JPY Forecast: Surges Against Yen
It‘s been an explosive move to the upside for the dollar against the Japanese yen during trading on Thursday after the Bank of Japan chose to do nothing.They don‘t really have enough clarity due to th

News2025-05-02
【XM Decision Analysis】--USD/CAD Forecast: Rises Toward 1.40 Ahead of NFP
We have seen the US dollar bounce a bit during the trading session here on Thursday as we are getting ready for the non-farm payroll announcement on Friday.I suspect that we might be looking at a litt

News2025-05-02
【XM Market Analysis】--GBP/USD Forecast: Consolidating Ahead of NFP
The British Pound has fallen after initially trying to rally on Thursday against the US dollar in a remembrance of the overall range that we have been in.Quite frankly, this is a market that I think i

News2025-05-02
The daily line middle track welcomes non-agricultural development, and there are
Yesterday, the gold market opened at 3287.6 in the morning and then rose slightly. The market fell sharply. The daily line was at the lowest point of 3200.8 and then the market rose at the end of the trading day. The daily line finally closed at 3238 and then ...

News2025-05-02
Guide to short-term operation of major currencies on May 2
From a technical point of view, the US dollar index rose below 100.40 on Thursday and the decline above 99.60 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 99.75 today and ...

News2025-05-02
A collection of positive and negative news that affects the foreign exchange mar
The following is a highlight of the positive and negative news that affected the foreign exchange market on May 2, 2025: negative factors in the US dollar: US GDP shrank by 0.3% month-on-month in the first quarter, and the manufacturing PMI fell to 48.7. The e...

News2025-05-02
Focusing on non-farm data, gold prices fall to two-week lows, U.S. sanctions on
Basic news on Friday (May 2 Beijing time), spot gold trading was around $3,237.56 per ounce, and gold prices fell more than 1.5% on Thursday, falling to a two-week low, touching the middle track of the Bollinger Band. Affected by signals of easing trade tensio...

News2025-05-02
【XM Market Review】--Silver Forex Signal: Buyers Return Ahead of NFP: $34 Key Tri
Potential Signal:I will be buying silver if we can break above the $34 level.I would have a stop loss at $32.75, and be aiming for the $35 level where I would move the position to break even, hoping f

News2025-05-02
【XM Decision Analysis】--BTC/USD Forecast: Rallies Toward $100K as Bulls Regain C
The bitcoin market has rallied during the trading session on Thursday as we continue to see a lot of noisy behavior, but this is a situation that I think needs to be paid close attention to.After all,

News2025-05-02
【XM Market Review】--EUR/USD Forecast: Sliding Again
The euro has dropped again during the day on Thursday, as we start to head toward the Non-Farm Payroll announcement on Friday.The market has been in a bit of a range, but it looks as if we are threate

News2025-05-02
【XM Decision Analysis】--Crude Oil Forecast: Bounces After Selloff
The CL contract initially plunged overnight but has seen a lot of buying pressure into the market as we had pressed an area that potentially could have been thought of as a major support area.All thin

News2025-05-02
【XM Forex】--Gold Forecast: Plunges to Test Support
Gold markets have been very negative during the day on Thursday, perhaps in reaction to the oversold condition of the US dollar.After all, the US dollar was pricing in some type of apocalypse in the U
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