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market analysis2025-05-06
【XM Market Analysis】--USD/CAD Forecast: Stuck in Tight Range
The US dollar has shown itself to be very noisy against the Canadian dollar over the last couple of weeks.That should probably continue mainly due to the fact that we are now through the elections in

market analysis2025-05-06
Gold has once again risen sharply due to tariffs, and the short-term trend has t
Gold rose sharply yesterday, mainly because Trump announced 100% tariffs on all films produced abroad that entered the United States, which once again triggered global trade tensions. At the same time, the conflict between Russia and Ukraine is still continuin...

market analysis2025-05-06
【XM Decision Analysis】--Gold Forecast: Continues to Find Buyers
Gold had a very strong session during the Monday trading session.And it does look to me like it‘s a market that is trying to keep the uptrend intact.That being said, I could also make an argument that

market analysis2025-05-06
USD/NTD fell sharply as Taiwan dollar hits historic surge in trade speculation
The dollar/NTD fell to the 28.90 region on Monday, a historic collapse intensified after a 5.7% decline on Friday, based on a 4.4% decline. The NTD rose more than 10% in two days, the sharpest rebound in more than three decades, triggering wider speculation th...

market analysis2025-05-06
Gold prices soar above $3,300 as dollar falls, traders pay attention to Fed meet
Gold (gold/USD) prices rose more than 2% on Monday, or more than $70, as the dollar suffered a heavy blow, although positive economic data from the U.S. suggest the economy remains solid. Gold/USD traded at $3,309 after hitting a daily low of $3,237. Market se...

market analysis2025-05-06
Crude oil prices stabilized after OPEC increased production, while barrel prices
West Texas Intermediate crude oil (WTI) prices stabilized on Monday, regaining recent losses after the Organization of the Petroleum Exporting Countries (OPEC) announced it would increase its internal production quota starting in June. The move is widely seen ...

market analysis2025-05-06
US index rebounds to around $100, US refuses to exempt 10% of its reciprocal tar
On May 6, in the early trading of Asian market on Tuesday, Beijing time, the US dollar index hovered around 100. On Monday, the US dollar index fluctuated and fell in the Asian and European sessions. Later, the US dollar index rebounded below $100 due to the u...

market analysis2025-05-06
USD/JPY fell below 144.00, safe-haven funds flowed to JPY
At the end of the North American trading session, the USD/JPY bought the Japanese Yen (JPY) as investors sought safety and sold the USD (USD), and despite rumors that the U.S. and China were close to commence negotiations, there was a lack of announcements of ...

market analysis2025-05-06
Australian dollar/dollar rises to new highs as trade optimism and economic data
The Australian dollar/USD surged on Monday, reaching a five-month high of nearly 0.6500. The Australian dollar (AUD) benefits from a variety of factors, including weakness in the US dollar (USD), strong U.S. economic reports and increased global risk sentiment...

market analysis2025-05-06
USD/CHF fell below 0.8250, bullish engulfing pattern affects rebound potential
The US dollar/CHF continued its decline for the second consecutive day, with a decline of more than 0.46%, and trading at 0.8221. Although the pair is on a downward trend, it failed to break through the previous support level of 0.8204, forming a "bullish engu...

market analysis2025-05-06
【XM Group】--AUD/USD Forex Signal: More Gains Ahead After Crossing Key Resistance
Bullish viewBuy the AUD/USD pair and set a take-profit at 0.6600Add a stop-loss at 0.6400.Timeline: 1-2 days.Bearish viewSell the AUD/USD pair and set a take-profit at 0.6400.Add a stop-loss at 0.6600

market analysis2025-05-06
The dollar index is expected to test the 100 mark, and the market turns to focus
In Asian session Tuesday, the U.S. dollar index is expected to test the 100 mark, as traders await comments by Fed Chairman Powell on Wednesday to get clues about the interest rate path. The Federal Reserve has maintained its policy interest rate in the range ...

market analysis2025-05-06
Strong risk aversion to big positive line, gold and silver pull back to low long
Yesterday, the gold market rose strongly. The market fell first after the opening in the morning at 3242.7. The daily line was at the lowest point of 3237.1 and then the market fluctuated and rose. The position of 3272 was given, and the market fell. The marke...

market analysis2025-05-06
A collection of positive and negative news that affects the foreign exchange mar
The following is a collection of positive and negative news that affected the foreign exchange market on May 6, 2025: The positive news of the US dollar: The US ISM service industry index unexpectedly accelerated its expansion. The improvement in this data cau...

market analysis2025-05-06
Increased supply limits oil price increases, Trump imposes movie tariffs, risk a
Basic news on Tuesday (May 6, Beijing time), spot gold trading was around 3332.10, and gold prices rose more than 2% on Monday. Driven by weakening the dollar and safe-haven demand, the market is waiting for the Federal Reserve‘s policy decision later this wee...
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