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XAU 3335.77
29.8 0.9%
USD Index 100.37
-0.26 -0.26%
CL00Y (Nymex) 61.05
1.14 1.9%
USD JPY 145.2973
-0.6167 -0.42%
USD CNYC 7.2095
0.0022 0.03%
EUR USD 1.1254
0.0026 0.23%
GBP USD 1.331
0.0065 0.49%
USD AUD 1.5593
-0.0032 -0.2%

5.6 Short term trading strategies for major foreign exchange currencies

CAC 40 Down Nearly 1%

CAC 40 Down Nearly 1%

  • 2025-05-06
  • 4782
Gold has once again been affected by tariffs and has risen sharply, indicating a bullish short-term trend!

Gold has once again been affected by tariffs and has risen sharply, indicating a bullish short-term trend!

gold rose in a straight line, mainly because Trump announced that he would impose 100% tariffs on all films produced abroad that entered the United States, which again triggered global trade tensions.
  • 2025-05-06
  • 1996
DAX Down Slightly In Cautious Trade; BMW Rises On Guidance

DAX Down Slightly In Cautious Trade; BMW Rises On Guidance

  • 2025-05-06
  • 2186
Gold breaks through strongly and stabilizes, falls back in early trading and goes long!

Gold breaks through strongly and stabilizes, falls back in early trading and goes long!

Gold has now made a strong breakthrough and stabilized above 3300. In the morning, gold fell back and went long. Gold bulls have restarted and accumulated their strength. Gold bulls have begun to show off their muscles. Now, gold bulls clearly dominate the market.
  • 2025-05-06
  • 1350
Gold rises strongly, temporarily observe and wait

Gold rises strongly, temporarily observe and wait

In the morning, gold soared directly into the sky
  • 2025-05-06
  • 2413
CAC 40 Up More Than 1%

CAC 40 Up More Than 1%

  • 2025-05-06
  • 3930
Trump's tariff policy has once again boosted safe haven buying demand, with gold prices soaring nearly 3%

Trump's tariff policy has once again boosted safe haven buying demand, with gold prices soaring nearly 3%

At the beginning of the Asian market on Tuesday (May 6th), spot gold fluctuated narrowly at a high in the past week, currently trading around $3330 per ounce. Driven by the weakening of the US dollar and safe haven demand
  • 2025-05-06
  • 1370
Trump raises taxes on overseas films by 100%, causing a sharp drop in US media stocks across the board, Netflix、 Disney's stock price plummeted

Trump raises taxes on overseas films by 100%, causing a sharp drop in US media stocks across the board, Netflix、 Disney's stock price plummeted

Hollywood was plunged into unprecedented chaos. President Trump suddenly announced plans to impose a 100% tariff on foreign made films, but did not disclose the implementation details
  • 2025-05-06
  • 1041
Short term trading strategy for major foreign exchange currencies on May 6th

Short term trading strategy for major foreign exchange currencies on May 6th

the US dollar index encountered resistance on Monday when it rose below 100.10, and was supported when it fell above 99.45, indicating that the US dollar may maintain its downward trend after a short-term rise.
  • 2025-05-06
  • 1310
Yamaha Recalls 34K Power Adaptors For Pianos

Yamaha Recalls 34K Power Adaptors For Pianos

  • 2025-05-06
  • 3511
NZ Dollar Advances Against Most Majors

NZ Dollar Advances Against Most Majors

  • 2025-05-06
  • 3910
Overbought Taiwan Bourse Nonetheless Called Higher On Monday

Overbought Taiwan Bourse Nonetheless Called Higher On Monday

  • 2025-05-06
  • 1850
Rally May Stall For Singapore Stock Market

Rally May Stall For Singapore Stock Market

  • 2025-05-06
  • 1053
China Service Sector Growth Softens In April

China Service Sector Growth Softens In April

  • 2025-05-06
  • 3432
Sensex

Sensex

  • 2025-05-06
  • 4604
Indian Rupee Falls To Near 4-week Low Amid India-Pakistan Tensions

Indian Rupee Falls To Near 4-week Low Amid India-Pakistan Tensions

  • 2025-05-06
  • 1840
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

  • 2025-05-06
  • 4933
Sensex

Sensex

  • 2025-05-06
  • 2093
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

  • 2025-05-06
  • 4314
NZ Dollar Advances Against Most Majors

NZ Dollar Advances Against Most Majors

  • 2025-05-06
  • 4571
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Trader

  • Bernice 2025-05-06

    Buy long at 3337-40 gold, stop loss at 3330, target at 3355-70.

  • Mr. Stone 2025-05-06

    Buy more US crude oil at 56.5, stop loss at 56. Target at 57.5, 58, and 58.5-59

  • Mr. Stone 2025-05-06

    EUR/USD 13450 short, stop loss 1.13650, target at 1.13000, 1.12900, and 1.12700

  • Mr. Stone 2025-05-06

    Buy long at 32.2 silver, stop loss at 32, target at 32.65, 32.85, and 33-33.2

  • Mr. Stone 2025-05-06

    Buy long at 3305 gold, stop loss at 3298, target at 3340, 3352, and 3365

  • Dark horse 2025-05-05

    Crude oil trading strategy: 1. Short at $57.10 above, stop loss of 30 points, first target breaking at $55, then look at $54.50. (To be more aggressive, short at $56.85. These two short positions may not be reached, so everyone needs to optimize their entry and exit points on their own.); 2. If strategy 1 is short and the stop loss is reached, then short again at $58, with a stop loss of 30 points and a take profit of $56.70; If the market can fall below $55.50 before 17:00, take a 30 point stop loss at $55.40 and go long to $56.80. (Please note the prerequisite for such multiple orders)

  • Big winner 2025-05-02

    Short selling (buy down) in batches around 3255-3260 for gold rebound, with a 2/10 position and a stop loss of 6 points. The target is around 3220-3210, with a break at the 3200 level; Gold retracement around 3197-3200, buy long in batches (buy up) at 2/10 position, stop loss at 6 points, target around 3220-3230, break at 3240 line;

  • Bernice 2025-05-02

    Short selling near gold 3260-65, loss 3275, look at 3222, 3211! If the rebound is weak, rely on the pressure gap of 3250-55!

  • Timberwolves 2025-04-30

    The USD/JPY price rebounded to around 143.85, encountered resistance and fell back, and the MACD bar chart shrank and weakened. Short selling, target: 142.50-142.16, stop loss: above 144.30 (if breaking through strong resistance, stop loss)

  • Timberwolves 2025-04-30

    GBP/USD price rebounded to around 1.3400, encountered resistance, fell back and sold, target: 1.3360-1.3330 range, stop loss: above 1.3420

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