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Abstract:Powered by WikiFX: (GOLD, EUR/USD, GBP/USD, USD/JPY, ) Technical Analysis May 11, 2023
Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
A 39-year-old online trader from Malaysia has reportedly lost RM252,004 to a fraudulent investment scheme. The scam, which promised a lucrative return of RM1.4 million within two months, has left the victim facing substantial financial loss.
The US dollar has continued its strong performance recently, largely driven by the robust US economy and high interest rates. With Trump set to return to the presidency, this bullish trend in the dollar may persist, but whether it can maintain this momentum in the future remains uncertain.
After the release of the U.S. December CPI data, the market responded positively, with all three major stock indices rising. Investors' expectations for a Fed rate cut increased, providing support for assets such as gold and oil.
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