European Economic News Preview: Eurozone Inflationfxcue.com

(fxcue news) - Final inflation and current account data from the euro area and the treasury select committee hearing on the monetary policy report from the UK are the top events due on Tuesday. At 2.00 am ET, foreign trade data is due from Switzerland. The trade surplus is forecast to narrow to CHF 4.25 billion in October from CHF 4.95 billion in September. At 4.00 am ET, the European Central Bank publishes the euro area current account data for September. The surplus is expected to fall to EUR 27.0 billion from EUR 31.5 billion in August. At 5.00 am ET, the Treasury Committee will question the Bank of England Governor Andrew Bailey and members of the Monetary Policy Committee. The session will focus on the November Monetary Policy Report and the decision to cut the bank rate by 25 basis points. In the meantime, Eurostat is set to release euro area final inflation data for October. Inflation is seen at 2.0 percent in October, unchanged from the flash estimate, and up from 1.7 percent in September.

European Economic News Preview: Eurozone Inflation

Asian Markets Trade Mostly Higher

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Eurozone Inflation Rises To 2% As Estimated

U.S. Housing Starts Tumble More Than Expected In October

Canadian Market Recovers Well After Early Setback

Euro Slides Against Majors

European Economic News Preview: Eurozone Inflation

Japanese Market Modestly Lower

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Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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European Economic News Preview: Eurozone Inflation

Asian Markets Trade Mostly Higher

Bay Street Seen Opening Lower On Geopolitical Concerns; Canadian Inflation Data In Focus

Eurozone Inflation Rises To 2% As Estimated

U.S. Housing Starts Tumble More Than Expected In October

Canadian Market Recovers Well After Early Setback

Euro Slides Against Majors

European Economic News Preview: Eurozone Inflation

Japanese Market Modestly Lower

Please sign in

Trader

Gold trading: 2615 short selling, loss 2624, take profit 2593

Gold short selling stop loss...

Today's gold trading strategy 1: Buy long until it falls back to around 2589, lose 2582, look short around 2615, target 2620-25; Strategy 2: Short sell when the rebound reaches around 2625, with a loss of 2633. Short look around 2590, with a target of 2560.

Sell near spot gold 2604, protect 2614, target 2582-2570; Break through holding;

Gold bought more at 2590 in the morning session of the Asian market today, 2585, with a target of 2610.

Short term focus on the resistance line of 70.5-71.0 above crude oil, and short-term focus on the support line of 68.0-67.5 below.

Today's short-term operations in gold are mainly focused on rebound short selling, supplemented by buy long during pullbacks. The short-term focus above is on the resistance line of 2605-2610, while the short-term focus below is on the support line of 2575-2570.

Today, I made two gold trades and achieved a perfect profit

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