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Stock Exchange Market Analysis |Trading Tips &Tricks

 
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Stock Exchange Market index 

#USDDKK#

 At present, the price continues to rise in recent days.The market has formed a potential double-bottom pattern.

The current resistance above attention around 6.410.A breakthrough is expected to open the price rise space.The latter is expected to move around 6.55.

 Also keep an eye on the performance of the DOLLAR index.

#XAUUSD# 

On October 30, there appeared to be an end to the international gold price decline, but the strength of the rebound is still quite weak. 

Gold hit its lowest level since September 28 at $1,860.07 an ounce last day.With markets worried by a renewed surge in COVID-19 cases in the US and Europe and uncertainty over the us presidential election.

The dollar appears to be more vulnerable to rise than fall.The important resistance to gold in the short term is around 1885.

#EURUSD#

 Fell to a low of 1.1650 in the past month, and maintained a weak shock after entering October 30.

 As the impact of the restrictive measures gradually appears and the European Central Bank may increase QE expectations in December.

There is a risk of a further plunge in the euro, and further support concerns around 1.1610. Investors need to remain vigilant.

#XAUUSD# 

The price of gold remains weak, and the short-term rebound is still quite weak.

 The surge of COVID-19 cases in the United States and Europe and the uncertainty in the prospects of the US presidential election are worrying the market. 

The U.S. dollar seems to be easy to rise but difficult to fall. This is not good for gold.I think it will fall below $1848.

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