Technical My Tips

🇺🇸U.S Consumer Price Index (CPI) 📈 🕗Today At 7:00PM (IST) 💥Don’t Miss the Opportunity💥 🍀Join Our Free VIP Signal Group Now🍀

🇺🇸U.S Consumer Price Index (CPI) 📈 🕗Today At 7:00PM (IST) 💥Don’t Miss the Opportunity💥 🍀Join Our Free VIP Signal Group Now🍀

🅰🔠🔡🆎 ➡💶➡ Euro strengthens as U.S. shutdown ends. What's next for EURUSD? The euro gained momentum against the dollar, continuing its upward trend. Could it keep rising, or is this just a temporary spike? Explore the details in our analysis 💙 🪙 Key takeaways • Events. The U.S. government shutdown ended with the passing of a short-term funding bill, providing temporary relief to both markets and government operations 😁 As a result, the euro surged to 1.158. • Possible outcome. With a weaker outlook for the U.S. economy, markets are now betting on a Federal Reserve (Fed) interest rate cut in December. A policy easing could further weaken the U.S. dollar, potentially boosting the euro 🚀 🪙 Tip for traders Watch any news regarding economic reports or Fed policy changes, as they could influence the direction of the euro against the dollar.

🧐 Silver just hit a new all-time high! 📈 The front-month COMEX futures contract is trading near $54.30 per ounce. Silver, like gold, is shining bright as a safe-haven asset in this uncertain environment!

Investors are flocking to precious metals due to dual catalysts: rising US debt following the government reopening and the anticipation of weak incoming economic data, which could cement the case for a Federal Reserve rate cut next month.

Disclaimer: Not financial advice. Always DYOR.

GBPJPY bounced after retesting both EMAs. The price is trading within the ascending channel and above both EMAs, indicating upward momentum. If GBPJPY breaches above 204.50, the price may retest the following resistance at 207.70. Conversely, remaining below 204.50 may prompt GBPJPY to fluctuate within the 200.50-204.50 range. Are you buying or selling?

#economic_calendar These events may affect the market on 13 November.

🅰🔠🔡🆎 ➡🥇➡ Gold surges above $4,120. Here's what happened in the market Gold made a third consecutive rise. Will it continue its upward trend? Find the full breakdown below 💙 🪙 Key takeaways • Events. Gold prices climbed above $4,120 per ounce as the U.S. job market showed signs of weakness, increasing the likelihood of a 0.25% rate cut next month 🚀 Meanwhile, the longest-ever U.S. government shutdown is nearing its end, which could ease economic uncertainty. • Possible outcome. Gold could continue to rise if expectations for a rate cut remain high 📈 However, the restart of the U.S. government may limit further gains by easing economic concerns. 🪙 Tip for traders Watch the U.S. job market data and any developments around the government shutdown 😏 If the rate cut is confirmed, gold could rise further, but watch for any shifts in investor sentiment once the shutdown ends.

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