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News2025-08-07
The Fed is about to make a speech, is the next jump of the euro/dollar to go up
On Wednesday (August 6), the euro/dollar maintained a narrow range of fluctuations during the day. The European trading period was around 1.1580, and the overall operation was within the range of 1.1500-1.1600, below the Bollinger middle track. Although the ov...

News2025-08-07
Trump's tariffs are approaching, and US crude oil stops falling and rises hidden
During the Asian and European trading session on Wednesday (August 6), U.S. crude oil futures fluctuated up 1.23%, and are now trading at $65.76 per barrel, ending the decline for four consecutive trading days. As Trump imposed tariffs on countries buying Russ...

News2025-08-07
Gold rebounded after a slight rebound in many days, and the focus turned to unem
On Wednesday (August 6), spot gold rose in the early trading, and then fluctuated and fell, showing a fluctuation of rising first and then suppressing. In combination with the trend, short-term gold has a lack of continuous upward action after being hit by pre...

News2025-08-07
8.7 Gold was perfectly taken by all yesterday, and the 80-stop area was first in
Your profits often come from the losses of others. Every price fluctuation is hidden in the judgment deviations of market participants and the decision-making mistakes. However, we cannot predict who will make mistakes in the next moment, nor can we guarantee ...

News2025-08-07
Can the pound/USD try to rebound, can it break through the resistance ahead?
The GBP/USD exchange rate begins a new round of decline below the 1.3450 level. Before the bulls entered the market, GBP/USD fell below 1.3250. Judging from the 4-hour chart, the pair tested the 1.3140 level and stabilized below the 100-period average and 200-...

News2025-08-07
Worries about supply disruption heat up WTI crude oil rises by more than 1.5%, b
During the European session on Wednesday (August 6), West Texas Intermediate crude oil (WTI) price ended its four-day downward trend, with an intraday increase of $66.16, up 1.53%. Crude oil prices have risen as market concerns about potential supply disruptio...

News2025-08-07
The "life and death line" of the US dollar index is in a hurry! 97.77 Defence Li
The US dollar index continued its recent weak performance on Wednesday (August 6). Market sentiment is affected by a combination of multiple factors, including expectations of progress in the Fed’s nomination, Trump’s recent remarks about tariffs, and weak U.S...

News2025-08-07
The pound is lingering at 1.33. Is the sudden market coming soon?
On Wednesday (August 6), the pound/USD fluctuated narrowly around the 1.3300 mark, and the exchange rate consolidation continued for several days, and the market entered a typical waiting mode before news. Traders‘ focus is on two major events this week: the B...

News2025-08-07
8.7 Analysis of the latest market trends of gold crude oil surge and plummeting
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...

News2025-08-07
US dollar index fell, senior Fed officials expressed support for short-term inte
On August 7, in the early trading of Asian market on Thursday, Beijing time, the US dollar index hovered around 98.25. On Wednesday, the dollar index fell, dragged down by a speech by Fed officials, and finally closed down 0.56% to 98.17. U.S. Treasury yields ...

News2025-08-07
Strong fluctuations clear the market, low gold and silver range
Yesterday, the gold market opened at 3380.7 in the morning and then the market rose first, which gave the daily high of 3385.6, and then the market fluctuated and fell. The daily line was at the lowest point of 3358 and then rose strongly. The US market reache...

News2025-08-07
The "life and death line" of the US dollar index is in a hurry! Fed nomination r
In the Asian session on Thursday, the dollar index hovered above the 98 mark, the dollar fell on Wednesday and the euro hit a weekly high as traders bet on the Fed‘s rate cut this year will exceed previous expectations after job data in July. Traders continue ...

News2025-08-07
Guide to short-term operations of major currencies on August 7
From a technical point of view, the US dollar index rose below 98.85 on Thursday and the decline above 98.10 was supported, meaning that the US dollar may maintain an upward trend after a short-term decline. If the US dollar index falls above 97.90 today and s...

News2025-08-07
A collection of positive and negative news that affects the foreign exchange mar
In the environment where the global economic and political pattern continues to evolve, the foreign exchange market is always impacted and affected by various news. For foreign exchange investors, accurately grasping market trends and interpreting key news is ...

News2025-08-07
Trump announces about 100% tariffs on chips, gold prices are affected by investo
Basic news on Thursday (August 7, Beijing time), spot gold trading was around $3,370 per ounce, gold prices fell on Wednesday, investors took profit after hitting their highest in nearly two weeks on the previous trading day. At the same time, the market focus...
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