Technical My Tips

#economic_calendar These events may affect the market on 5 November.

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US500 is holding steady in a tight range near its record high, showing strong momentum. An unfilled gap below suggests room for a short-term pullback. A move above 6930 could open the way toward 7100. If the index retraces, it may revisit the gap area, testing EMA21 and the support at 6750, with room to approach EMA78.

Technical Analysis: #Gold stabilized this week but remained well below its #recordhigh , weighed down by a hawkish #Fed and #safehaven outflows. However, strong #centralbank buying may keep further declines in check. Don’t miss our focus on the precious metal 👉 #XM #XMIndia

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🅰🔠🔡🆎 ➡💶➡ EURUSD under pressure: traders wait for Lagarde's speech to shake the market The euro stays within a clear downtrend. Could fresh volatility be around the corner? Explore our analysts' insights below to find out. 💵 Key takeaways • Events. EURUSD continued its downward trend on Monday, dipping as low as 1.15060 before closing at 1.15200 📊 • Possible outcome. Traders are watching for European Central Bank (ECB) President Lagarde's speech this morning (07:40 UTC). If Lagarde signals a dovish ECB stance, the euro may fall further 📉 A hawkish tone, however, could spark a short-term rebound. 🪙 Tip for traders Monitor Lagarde's remarks closely 🙄 The EURUSD is likely to remain in a downtrend, and Lagarde's speech could accelerate it—offering a trading opportunity.