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

Exchange Rate Fluctuations: Key Facts Every Forex Trader Should Know

The forex market is a happening place with currency pairs getting traded almost non-stop for five days a week. Some currencies become stronger, some become weaker, and some remain neutral or rangebound. If you talk about the Indian National Rupee (INR), it has dipped sharply against major currencies globally over the past year. The USD/INR was valued at around 85-86 in Feb 2025. As we stand in Feb 2026, the value has dipped to over 90. The dip or rise, whatever the case may be, impacts our daily lives. It determines the price of an overseas holiday and imported goods, while influencing foreign investors’ perception of a country. The foreign exchange rates change constantly, sometimes multiple times a day, amid breaking news in the economic and political spheres globally. In this article, we have uncovered details on exchange rate fluctuations and key facts that every trader should know regarding these. Read on!

Original 2026-02-18 20:13

VPS Review: Do Clients Face Trading Issues Due to Constant Login Errors?

Do you face numerous login errors with VPS, a Vietnam-based forex broker? Did these errors lead to missed opportunities or losses? Does your trading account often have an insufficient balance despite numerous trades on the VPS login? Does the broker compel you to renew your subscription even if it’s not required? These issues have become synonymous with many of its traders. They have highlighted these online. In this VPS review article, we have investigated these issues. Read on!

Original 2026-02-18 18:35

ACY Securities Deposit and Withdrawal: The Complete 2025 Guide (Fees, Methods & User Warnings)

Understanding how to add funds to your account and, more importantly, how to take them out is essential for safe trading. For any trader thinking about ACY Securities, making an ACY SECURITIES deposit is simple, but the ACY SECURITIES withdrawal process has many serious complaints and concerns. While ACY says it is an established, regulated broker, many users have complained specifically about withdrawal problems, creating a confusing and often contradictory picture. This guide provides a complete and critical analysis. We will first explain the official steps for deposits and withdrawals, including methods, fees, and stated timelines. We will then take a deep look at patterns found in over 180 real user complaints, examining the potential warning signs and risks. By combining official information with real-world user experiences and regulatory warnings, this article aims to give you the clarity needed to make an informed decision about the safety of your funds with ACY Securities.

Original 2026-02-18 17:00

ACY SECURITIES User Reputation: Looking at Real User Reviews and Common Problems to Check Trust

When choosing a broker like ACY Securities, the most important question is whether you can trust them. The internet has many different opinions, making it hard to know if a company is reliable or risky. This review directly answers the main question: Is ACY SECURITIES Safe or Scam? Our goal is to provide a fact-based look into the broker's reputation. We will not just give you our opinion. Instead, we will check its legal status, look at many ACY SECURITIES complaints, and compare them with positive user reviews. This complete review will break down the evidence to help you understand the real risks and possible benefits of trading with ACY Securities.

Original 2026-02-18 15:32