Home -

Brokers -

Main body -

WikiFX Express

Morning Briefing 31 May 2023: Gold Rises on Debt Ceiling Vote

DCFX | 2023-05-31 15:46

Abstract：US Consumer Confidence fell to 102.3 from an upwardly revised 103.7 in April 2023.

US Consumer Confidence fell to 102.3 from an upwardly revised 103.7 in April 2023.

Sentiment data failed to fuel volatility as the market remained focused on the US debt ceiling.

President Biden and House Speaker McCarthy reached an agreement to suspend the debt limit for several years and await today's critical vote in Congress.

Investors are also focusing on JOLTS OPENING data tonight.

Calendar:

EURUSD

Euro strengthened against the US dollar The key was the US debt ceiling decision at the US congress today.

Support : 1.0689

Resistance : 1.0734

BUY : 1.07180

T/P : 1.07631

S/L : 1.06991

GBPUSD

Sterling strengthened against the US dollar

Support 1.2344

Resistance 1.2463

BUY: 1.23948

T/P: 1.24631

S/L: 1.23641

AUDUSD

Aussie dollar weakened against the US dollar amid uncertainty and the US debt ceiling and weakness in China's economic data.

Support : 0.6438

Resistance : 0.6550

BUY: 0.678.6

T/P: 0.65828

S/L: 0.64792

USDJPY

Yen strengthened against the US dollar.

Support 139.251

Resistance 140.229

SELL: 140.091

T/P: 139.457

S/L: 140.414

XAUUSD

Gold rose, due to uncertainty over the voting results in congress regarding the US Debt Ceiling.

Support : 1941.00

Resistance : 1971.00

BUY: 1951.50

T/P: 1983.53

S/L: 1940.00

Crude Oil (WTI)

Oil prices fell after Russian Deputy PM Alexander Novak played down the prospect of further OPEC+ production cuts at a meeting next week.

Support 67.98

Resistance 72.24

SELL: 70.060

T/P: 67.891

S/L: 72.224

Forex trading Forex Analysis

Related broker

Website：https://www.dcfx.com/

2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk

Score

1.48

Mazi Finance Review: Examining Trade Order Execution Errors & Profit Miscalculations

Did you fail to execute the trade order on the Mazi Finance platform despite sufficient margin and adequate leverage? Did the broker breach the norms associated with profits gained through scalping? Failed to receive profits from the forex broker despite multiple attempts? Lured to invest under the impression of lucrative bonuses, but fell into the high spread trap? In this Mazi Finance review article, we have examined a series of alleged forex trading glitches by the trading enterprise. Let’s start investigating!

Original 2026-03-30 21:18

WINPROFX Review: Analyzing Trading Conditions & User Reports

Planning to invest in WINPROFX, a broker that offers trading opportunities across 300+ financial instruments? Or have you already invested in the broker’s platform? The Saint Lucia-based forex trading enterprise has been in the business for over two years. While the user reports seem largely positive for WINPROFX, there are some users highlighting its inefficiencies. In this WINPROFX review article, we have shared some complaints against the forex broker. Read on!

Original 2026-03-30 19:07

AXIORY Review 2026: A Critical Look at High Risks and User Complaints

Axiory is a trading company that started in 2012. It says it offers different ways to trade with easy-to-use platforms. The company has been around for around 15 years and tries to attract traders by promising low starting amounts and high leverage. However, when we look more closely at this broker, we find some serious problems. WikiFX, a website that checks trading companies around the world, gave Axiory a very low score of only 2.45 out of 10. This low score is based on real data and shows that there are major issues with this company. This review takes a deep look at why Axiory got such a bad rating. We will examine how well the company is regulated, look at real complaints from users, and check their trading rules. Our goal is to give traders the facts they need to make a safe choice, especially since there is a clear "High potential risk" warning about this broker.

Original 2026-03-30 15:15

Understanding Evest Deposit and Withdrawal: Essential Information Before You Start Trading

Handling your capital is the most important part of trading. Being able to put capital into your account easily and trust that an Evest withdrawal will work properly is key to feeling confident as a trader. This guide gives you a complete breakdown of how Evest deposit and withdrawal work in 2026. We'll go beyond just explaining the steps and look at official rules, costs, how long things take, and important things every trader needs to know before investing. Our review uses information anyone can find, aiming to give you the full picture—including possible problems—so you can make a smart choice about your investments.

Original 2026-03-30 14:14