Market Overview
Bitcoin plunged 4%, oversold on the Stochastic RSI. NIO gained 1.9%, positive Stochastic signal. AUD/USD fell 0.4%, positive RSI. Gold soared 1%, negative Stochastic RSI. Global financial headlines: Gold surged over 1% amid Iran-Israel tensions. Dollar Index rose 0.45%. Crypto hacks decreased in Q3, but stolen assets increased by 99.5%. Iran fires missiles at Israel in retaliation move – Dollar, yen and gold attract safe-haven flows – Oil rebounds on supply concerns – Wall Street pulls back ahead of key US data. Middle East tensions took center stage in the global financial markets during the last session as Iran fired missiles at Israel, this event fueled demand for safe-haven assets, leading gold to surge by over 1%, approaching its peak.
Economic Calendar (GMT+1)
EURUSD Analysis
Chart Analysis
GBPUSD Analysis
Chart Analysis
GBPJPY Analysis
Chart Analysis
XAUUSD Analysis
Chart Analysis
WTI Analysis
Chart Analysis
Conclusion
Our forex market report offers an overview of critical economic and financial events that impact the global forex markets. Traders should closely monitor developments to fine-tune their trading strategies accordingly. join us as we explore more of this daily: https://my.dbinvesting.com/links/go/955
