![Stop trading Gold the old way – Here's what works in 2026 [Video]](https://editorial.fxsstatic.com/images/i/gold-03_Medium.jpg)
Forex Analysis
Forex analysis is how traders assess the next moves a currency pair is about to take, providing insights for taking a position. For this reason it is an essential tool for traders to make the best decisions in their daily trading routine, based on the fundamental and technical aspects of an asset. Fundamental analysis is based on the countries' economic situation, future prospects, and primarily what central banks plan to do with interest rates. Technical analysis focuses on previous price action, the repeat of well-known chart patterns, and other factors.
US Dollar breaks below 101.50 as Democrats sweep Congress
The US Dollar (USD) comes under heavy selling pressure on Wednesday, with the US Dollar Index (DXY) falling around 0.5% to trade near 101.35 after sliding below the 101.50 level. The Greenback retreats to its lowest level in four weeks as investors reassess the political and economic outlook following the Democratic Party's sweeping victory in the United States (US) midterm elections.
Topics in Depth
GBP/USD breaches below 1.3400 on stronger US Dollar
GBP/USD picks up extra downside traction on Friday, breaking below the 1.3400 contention zone to challenge weekly troughs. Cable’s extra weakness comes in response to the Greenback’s strong performance, underpinned by the firmer-than-expected US labour market report in October.
Gold loses the grip; $4,000 comes next on the downside
Gold sets aside two daily advances in a row on Friday, opening the door to a potential test of the key $4,000 mark per troy ounce. The precious metal’s retracement follows a decent improvement in the sentiment surrounding the US Dollar, solid NFP data and higher US Treasury yields across the board.
DEEPER DIVE
US Dollar breaks below 101.50 as Democrats sweep Congress
The US Dollar (USD) comes under heavy selling pressure on Wednesday, with the US Dollar Index (DXY) falling around 0.5% to trade near 101.35 after sliding below the 101.50 level. The Greenback retreats to its lowest level in four weeks as investors reassess the political and economic outlook following the Democratic Party's sweeping victory in the United States (US) midterm elections.
Gold is back at $4,000. Don't celebrate yet
Gold (XAU/USD) stages an impressive recovery on Wednesday, climbing around 3% to trade above $4,000 after the United States (US) midterm elections. The recovery offers some relief after months of selling pressure, but it does not necessarily signal the end of Gold's bearish trend.
The US Dollar's September buyers are now underwater
Speculators rebuilt a $45 billion bet on the US Dollar in the four weeks after the Federal Reserve's September hike, and the Dollar Index is back at the average price they paid. A Democratic Congress, cheaper Oil and falling yields now work against that crowd.
STOCKS
Epam (EPAM) Q3 earnings: Taking a look at key metrics versus estimates
For the quarter ended September 2026, Epam reported revenue of $1.43 billion, up 2.3% over the same period last year. EPS came in at $3.51, compared to $3.08 in the year-ago quarter. The reported revenue represents a surprise of +0.56% over the Zacks Consensus Estimate of $1.42 billion. With the consensus EPS estimate being $3.41, the EPS surprise was +2.93%.
FX in Depth
Gold demand in India is relatively inelastic due to its cultural significance, predominant use in weddings, and investment purposes. When the price of the legal channel rises, consumers often buy Gold through unofficial channels rather than lowering demand entirely. The illicit trade, in turn, would cause significant revenue loss to the government, feed the unaccounted money system (black money), and technically contribute to a higher trade deficit.
![Haresh Menghani]()
Cycle Analysis
"A cycle is a recognizable price pattern or movement that occurs with regularity in a specific time period"
Sentiment agregator
"Advisory Opinion, comprised of arguments and trade ideas which have been committed to publication and therefore have an influence on the trading public, are considered a sentiment indicator."
Intro to Ellio Wave
"Have you ever read news updates mentioning Elliott Wave yet you don’t have a clue what these mean for the Forex?"
Support and resistance
"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."
Currencies
Education
BEST BROKERS IN 2026
What are the types of Forex Analysis?
There are innumerable ways to analyze the Forex market, but its goal is the same: trying to predict where the price is headed next. The most popular types of forex analysis are:
- Technical analysis
- Fundamental analysis
- Sentiment analysis
What indicator is best for Forex?
There are several indicators key to trade the forex market, and all of them are a great tool for the trader to forecast where the price can go next.
There are indicators of sentiment, trend, volume, etc. Their value will depend on the strategy the trader is trying to follow and its risk management rules.
How do you analyze trends in Forex?
Detecting directional movements is critical. At the end, an FX trader needs to determine and anticipate such a move, or trend, to make profits.
There are multiple tools that can be used to achieve the goal, such as trend lines, supports, resistances, technical indicators, and even pure observation of the price behaviour on the forex chart.
It’s important to take into account that fundamental analysis is as important as the technical one. Using both the trader could better forecast the trend to maximize the benefits and limit the losses trading Forex.
How do I create a Forex Strategy?
The best strategy for one person could be the worst one for others. There are several questions that need to be answered ahead of defining it. How many hours can I dedicate to FX? What is my risk tolerance? These among the most relevant questions.
A forex strategy is a combination of tools that should result in a positive balance in a certain period of time. During the creation of a strategy, flexibility and imagination are very important values. Once the strategy is created, discipline is one of the greatest virtues.
How can beginners start trading forex?
Every learning process is evolutionary and requires the right steps to be followed in order to obtain knowledge and develop skills.
For new traders, it is advisable to work with simple but very powerful tools, such as trend lines, support and resistance or Japanese candlesticks.
It is advisable to start working on simple patterns, such as triangular figures, rectangles or reversal patterns. These types of layouts are easier to manage and the novice trader will learn to manage positions without large ranges that increase risks.
Educate yourself. Knowing the tools, and learning to use it is critical. As in any other professional career, learning before practicing is the key to success. Recognizing strengths and weaknesses is also a critical part of this process.
How do I get a forex signal?
There are multiple providers of forex signals send traders positions that are ready to be traded out of box. FXStreet has its own signals service with experts at different markets. In the FXS Signals service, you will have access to multiple trading signals, both algorithmic and executed by our team of expert analysts. Automated strategies are presented in a transparent manner and the technical fundamentals on which the strategy is built are provided. Manual strategies executed by FXS experts are always explained with a didactic objective. Tthat allows the user of the FXS service to not only execute the trade with understanding, but also to make their own decisions in the future.