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XAUUSD, 15-minute timeframe chart XAUUSD retested the support level of 2,638.00 👉Level explanation XAUUSD has been under selling pressure within the last couple of hours. The pair moved down to the support level of 2,638.00. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 2,641.00. Set your stop loss at 2,631.50 below the previous low ($9.50 loss for 0.01 lot) and take profit at 2,650.50 ($9.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

BTCUSD, 30-minute timeframe chart BTCUSD tested the resistance level of 96,800.00 👉Level explanation BTCUSD has been under buying pressure within the last couple of hours. The pair moved up to the resistance level of 96,800.00. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 96,600.00. Set your stop loss at 97,600.00 above the previous high ($10.00 loss for 0.01 lot) and take profit at 95,400.00 ($12.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.2. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Political uncertainty and strong U.S. data pressure EURUSD The euro (EUR) gained 0.11% against the U.S. dollar (USD) on Tuesday but failed to rise above the important 1.05320 level. 👉 Possible effects for traders Political uncertainty in France continues to pressure the eurozone market. On Monday, traders sought safety against significant euro fluctuations, driving three-month implied volatility to its highest level since the 2023 banking crisis. This surge was triggered by a potential no-confidence vote against Prime Minister Michel Barnier's minority government. Additionally, uncertainty surrounding the European Central Bank's (ECB) upcoming rate decision contributes to heightened euro volatility. Also, U.S. macroeconomic statistics—stronger-than-expected labour market data—put additional bearish pressure on EURUSD. Fundamentally, the pair remains in a major downtrend, facing headwinds from both internal and external factors. EURUSD was rising slightly during the Asian and early European trading sessions. Traders expect above-normal volatility in all USD pairs today. Several macroeconomic data releases, political events, and Jerome Powell's speech will likely cause significant market movements. First, ADP Research Institute will publish the U.S. Nonfarm Employment report at 1:15 p.m. UTC. Then, the U.S. Institute of Supply Management will release its Services Purchasing Managers Index (PMI) data at 3:00 p.m. UTC. Last, Jerome Powell, the Fed Chair, will give a speech at 6:45 p.m. UTC, potentially offering more clues on the future changes in U.S. monetary policy. However, the major event is the expected no-confidence vote in the French parliament. ‘Even if it passes, they can't have an election until next July. So what they'll probably do is appoint a prime minister and try again, or let Barnier become the caretaker prime minister and pass some laws to keep the government going until July’, said Marc Chandler, chief market strategist at Bannockburn Forex. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 GBPUSD moves sideways ahead of important U.S. labour data After a slight correction on Monday, the British pound (GBP) moved sideways on Tuesday and gained 0.14% after dovish comments from Federal Reserve (Fed) officials. 👉 Possible effects for traders The Fed officials supported further interest rate cuts but didn't strongly advocate for or against such a move at the December meeting. The officials have been cautious about providing too much guidance about the future direction of monetary policy, particularly due to the recent re-election of Donald Trump as President. Also, U.S. employment data released on Tuesday showed a moderate increase in job openings in October while the number of layoffs decreased. Strong economic data could prompt the central bank to adopt a more cautious approach regarding interest rate cuts. According to the CME FedWatch tool, traders anticipate a 73% probability of a 25-basis-point (bps) reduction this month, with a total of 80 basis points of cuts expected by the end of 2025. Fiona Cincotta, a senior market analyst at City Index, believes that the Bank of England (BOE) isn't indicating a swift rate reduction, which is favourable for the pound. In contrast, the European Central Bank may need to cut rates more rapidly than the BOE. She also notes that the U.K. has political stability, which major eurozone economies lack. Earlier on Tuesday, the British Retail Consortium reported that U.K. retailers reported subpar sales in November based on industry data. However, the Black Friday data this year will be reflected in the December figures. This partially explains the weakness in consumer spending in November. GBPUSD continues to trade sideways within a range of 1.26400–1.27000 during Asian and early European trading hours. The U.S. ADP Employment report will be released at 1:15 p.m. UTC today, preceding the nonfarm payroll data on Friday. Also, Fed Chair Jerome Powell will deliver a speech at 6:45 p.m. UTC, likely his final public address before the Fed meeting in two weeks. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Strong U.S. macro statistics limit XAUUSD gains Gold (XAU) rose by 0.17% on Tuesday but failed to hold above the important $2,660 level. 👉 Possible effects for traders It appeared that XAUUSD was on course to break above an important intra-week level, but stronger-than-expected U.S. JOLTS Job Openings data supported the U.S. dollar (USD) and trimmed the gains. Robust labour market statistics suggest that the Federal Reserve (Fed) may adopt a cautious approach to rate cuts. This may discourage some investors from purchasing gold in the long term. At the same time, gold remains a primary hedge against geopolitical risks. Analysts at JPMorgan and HSBC emphasised that President-elect Donald Trump's policies could further heighten geopolitical risks, potentially benefiting gold as a safe haven asset in 2025. ‘We believe gold's post-election sell-off was a positioning-driven stumble, not a sea change’, JPMorgan analysts noted, forecasting prices could climb toward $3,000 in 2025. XAUUSD was rising during the Asian and early European trading sessions. Today, the market will likely experience above-normal volatility due to U.S. reports. ADP Employment data is due at 1:15 p.m. UTC, and ISM Services Index is due at 3:00 p.m. UTC. Both releases usually impact the U.S. Dollar Index noticeably and thus will affect XAUUSD. In addition, Jerome Powell, the Fed Chair, will give a speech at 6:45 p.m. UTC and may provide additional forward guidance on monetary policy. If he sounds hawkish, gold may drop slightly. Conversely, dovish rhetoric may pull XAUUSD much higher, possibly above $2,670. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

GBPUSD, 15-minute timeframe chart 👉Level explanation GBPUSD has been under buying pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.26971. Set your stop loss at 1.26752 below the previous low ($2.19 loss for 0.01 lot) and take profit at 1.27190 ($2.19 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period.

AUDUSD, 30-minute timeframe chart 👉Level explanation AUDUSD has been under selling pressure within the last couple of hours. The pair moved up to the resistance level of 0.64450. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 0.64441. Set your stop loss at 0.64680 above the previous high ($2.39 loss for 0.01 lot) and take profit at 0.64202 ($2.39 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

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#economic_calendar These events may affect the market on 4 December. 🔥 Don't forget to get a 100% deposit bonus!

USDJPY, 30-minute timeframe chart USDJPY retested the resistance level of 150.060 👉Level explanation USDJPY has been under selling pressure within the last couple of hours. The pair moved up to the resistance level of 150.060. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 149.717. Set your stop loss at 150.229 above the previous high ($3.42 loss for 0.01 lot) and take profit at 149.205 ($3.42 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

December is finally here, with a festive mood, the aroma of Christmas trees, cinnamon, and a waiting for a little miracle! But we, traders, still have some work to do. Prepare for December trading with our monthly Forex calendar. Set reminders for critical events and share them with your friends to help them stay alert. Here are the events that require your attention. 🔹 6 December—U.S. Employment Situation. Influences USD pairs. 🔹 10 December—RBA key rate. Influences AUDUSD. 🔹 11 December—US CPI inflation. Influences USD pairs. 🔹 11 December—BoC key rate. Influences USDCAD. 🔹 12 December—ECB key rate. Influences EURUSD. 🔹 18 December—UK CPI Inflation. Influences GBPUSD. 🔹 18 December—U.S. key rate. Influences USD pairs. 🔹 19 December—BOJ key rate. Influences USDJPY. 🔹 19 December— BoE key rate. Influences GBPUSD. 🔹 20 December—the quadruple witching. #Trading #TradingCalendar #MarketUpdate #Volatility

BTCUSD, 15-minute timeframe chart BTCUSD broke the support level of 95,300.00 👉Level explanation BTCUSD has been under selling pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 95,250.00. Set your stop loss at 96,250.00 above the previous high ($10.00 loss for 0.01 lot) and take profit at 94,250.00 ($10.00 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

📊 Gold moves sideways ahead of U.S. economic reports Gold (XAU) decreased by 0.45% on Monday as the U.S. dollar (USD) climbed on rising expectations the Federal Reserve (Fed) may not lower interest rates at the December meeting. 👉 Possible effects for traders Gold declined as the U.S. dollar strengthened overnight. This indicates range-bound behaviour as the market awaits more U.S. economic data and guidance regarding the timing and size of the Fed interest rate cuts. Meanwhile, the Personal Consumption Expenditure (PCE) Price Index, the Fed's preferred inflation measure, increased by 2.3% year-on-year in October, compared to 2.1% in the previous month. This rise and potential economic uncertainties arising from the incoming Donald Trump administration have led some analysts to believe that the Fed may delay cutting rates at its meeting on 18 December. The CME FedWatch tool indicates a 62% probability of a 25-basis-point rate reduction, lower than the 83% probability last month. The expectation of no rate cut has increased towards 38%, up from only 17%. This morning, XAUUSD has been moving sideways with a range of $2,634–2,644. Market participants will be waiting for the JOLTS Job Openings reports today at 3:00 p.m. UTC. The release may add noticeable volatility to XAUUSD. Lower-than-expected data may support gold, while figures exceeding the forecast will put downward pressure on the precious metal. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 EURUSD falls as U.S. dollar strengthens on positive economic data The euro (EUR) lost 0.74% against the U.S. dollar (USD) on Monday as the greenback strengthened again on the back of better-than-expected U.S. macroeconomic data. 👉 Possible effects for traders Yesterday, the Institute of Supply Management reported that U.S. manufacturing activity continued to decline in November but at a slower pace than anticipated. At the same time, new orders rose for the first time in eight months as factories benefited from significantly lower input prices. Meanwhile, political turmoil in France, where the government faces a no-confidence vote over the budget bill, has additionally undermined the euro. Typically, the U.S. dollar suffers seasonal weakness in December as companies tend to buy foreign currencies. However, traders seem unwilling to sell the greenback this year as they expect Donald Trump's policies to keep the firm U.S. dollar. Over the weekend, Trump threatened punitive tariffs unless BRICS member countries committed to the U.S. dollar as the only reserve currency. ‘The remarks strengthen the view that Trump may not look to weaken the USD during his presidential term and will instead be relying on tariffs to tackle the U.S.'s large goods trade imbalance. We maintain the view that EURUSD could drop to parity around the middle of next year. The timing may coincide with the introduction of new tariffs by Trump’, said Rabobank strategist Jane Foley in a note. EURUSD was falling slightly during the Asian and early European trading sessions. This week, investors are closely monitoring U.S. employment data to assess the probability of a Federal Reserve interest rate reduction later this month, currently standing at 50% chance. JOLTS Job Openings data is due at 3:00 p.m. UTC today, and it may add noticeable volatility to all USD pairs. Lower-than-expected figures may temporarily pull EURUSD towards 1.06000. Conversely, higher-than-expected results may push the pair towards 1.04000. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

🔽 AUDUSD decline as the Chinese yuan weakens The Australian dollar (AUD) declined by 0.53% on Monday due to a sliding Chinese yuan (CNY). Investors waited to see if Beijing would act to support the national currency, while mixed local data provided little lift. 👉 Possible effects for traders The Australian dollar is often used as a substitute for the Chinese yuan, given that China is Australia's largest trading partner. The recent decline in the Chinese yuan suggests that China may be more willing to allow the currency to depreciate in the short term than previously anticipated. This could put more bearish pressure on the Australian dollar, bringing it to lows like in August. Sean Callow from ITC Markets has stated that this is possible, as the Commonwealth Bank of Australia has revised its forecast for next year, expecting the Australian dollar to continue declining, potentially testing the 0.60000 level. The latest data from local sources indicate that net exports contributed only 0.1% to Australia's economic expansion in Q3. Meanwhile, government spending on defence and infrastructure boosted growth by 0.7%, likely driving the overall economic performance during this period. Meanwhile, the Reserve Bank of Australia (RBA) Governor, Michele Bullock, has reiterated that core inflation in Australia remains ‘too high’ to justify interest rate reductions in the near term. She stressed that the current policy stance will remain unchanged until there is greater confidence in the future inflation outlook and further progress has been made towards the inflation target. AUDUSD has been trading sideways during Asian and early European trading hours. Today, the U.S. JOLTS Job Openings report will be released at 3:00 p.m. UTC. Stronger-than-expected data may put extra bearish pressure on the pair. Additionally, the Australian Gross Domestic Product (GDP) Growth Rate for Q3 comes out on Wednesday at 12:30 a.m. UTC. Higher-than-expected results will support AUDUSD, while weak data may put downward pressure on the pair. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

GBPJPY, 15-minute timeframe chart GBPJPY formed a bearish Wedge pattern 👉Level explanation GBPJPY has been trading in a bullish trend within the last day. Now, the price displays the Wedge pattern. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 189.940. Set your stop loss at 190.422 above the previous high ($3.21 loss for 0.01 lot) and take profit at 189.298 ($4.28 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.33. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

EURUSD, 15-minute timeframe chart EURUSD broke the resistance level of 1.05000 👉Level explanation EURUSD has been under buying pressure within the last couple of hours. 👉Possible scenario The best way to use this opportunity is to place a Buy order at 1.05050. Set your stop loss at 1.04800 below the previous low ($2.50 loss for 0.01 lot) and take profit at 1.05300 ($2.50 profit for 0.01 lot). The risk-reward ratio for this order is 1:1. The upcoming news will not influence your orders within the mentioned period. 📲 More trading opportunities in our app If the link doesn’t work, try a special one for your country: 🇮🇩ID 🇮🇳IN 🇵🇰PK 🇹🇭TH

#economic_calendar These events may affect the market on 3 December. 🔥 Don't forget to get a 100% deposit bonus!

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