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November 26th, Futures News: Economies.com analysts latest view: Spot gold rose during the previous trading day, mainly benefiting from the positive signals released by the Relative Strength Index (RSI) after it escaped overbought territory, opening up room for continued upward movement in the short term. Meanwhile, the positive support provided by gold prices continuing to trade above the 50-day EMA further solidifies the current strong upward momentum.November 26th, Futures.com analysts latest view: WTI crude oil futures have risen in recent trading, benefiting from the solid support at the key support level of $57.35, which was the target set in our previous analysis. This support level provided upward momentum, driving WTI crude oil futures to record intraday gains. At the same time, the Relative Strength Index (RSI) showed positive signals, and the previous overbought conditions have been released, allowing prices to regain some upward momentum.November 26th, Futures News: Economies.com analysts latest view: Brent crude oil futures prices rebounded somewhat in the previous trading session, attempting to recover some of the previous losses. This rebound occurred after prices touched the previously suggested support level of 61.45. However, as prices remain below the 50-day EMA, bearish pressure persists, further solidifying the dominance and stability of the short-term bearish trend, especially given that prices are moving along the secondary trendline.Vanke Enterprises (02202.HK) shares fell more than 3% in the afternoon, with a trading volume of over 56.9 million lots.Japans final September coincident economic index rose 1.8% month-on-month, unchanged from the previous month.

Thought Leadership

Trading forex is strictly bound to economics. This kind of business is not about spontaneous decisions W but is a thoughtful and deliberate process. Each forex trader strives to develop a personal forex strategy or just choose one of those that have already proven their efficiency.

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