Home -
Broker -
Main body -

WikiFX Express

Exness
TMGM
XM
EC markets
FXTM
FOREX.com
AVATRADE
IC Markets Global
D prime
FXCM

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.

21eqwds.jpg

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:

image.png

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

image.png

BUY : 1.07180

T/P : 1.07631

S/L : 1.06991

GBPUSD

Sterling strengthened against the US dollar

Support 1.2344

Resistance 1.2463

image.png

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

image.png

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

image.png

SELL: 140.091

T/P: 139.457

S/L: 140.414

image.png

XAUUSD

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

Support : 1941.00

Resistance : 1971.00

image.png

BUY: 1951.50

T/P: 1983.53

S/L: 1940.00

image.png

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

image.png

SELL: 70.060

T/P: 67.891

S/L: 72.224

img_v2_f06dea27-3b02-4ac8-a5bc-3693f047da7g.jpg
Forex tradingForex Analysis

Related broker

Unverified
DCFX
Company name:DCFX
Score
1.48
Website:https://www.dcfx.com/
2-5 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk
Score
1.48

Read more

NSFX Exposure: Investigating Fund Scam & Poor Forex Advisory Allegations

NSFX, a Malta-based forex brokerage entity, has received largely negative reviews from traders worldwide. They have accused the broker of scamming them and making them lose trades. What further bothered traders was the alleged wrong advice from the broker team leading to capital losses for traders. They have made their NSFX reviews live on independent platforms such as WikiFX. In this article, we have investigated these charges so that you can decide whether NSFX is to be trusted with your hard-earned capital. Read on!

Original 2026-04-17 21:47

Global Markets Group Review: Do Traders Struggle to Withdraw Funds?

Have you witnessed a lacklustre investment experience with Global Markets Group, a United Kingdom-based brokerage entity? Has the forex broker allegedly scammed your deposits? Is there no movement after you request withdrawals with Global Markets Group? Have you had to seek legal assistance to recover funds? These issues have been reported vehemently on broker review platforms such as WikiFX. This Global Markets Group review article aims to investigate the allegations and give you the takeaways so that you can make the right investment call. Let’s begin!

Original 2026-04-17 20:21

DUHANI Complete Review: Understanding the Dangers of an Uncontrolled Broker

If you are looking for a DUHANI Review to figure out if this broker is real and safe for your trading money, this analysis is very important to read. Our goal is to give a clear, fact-based look at DUHANI, a broker that causes big worries in many areas. While the company talks about features such as the advanced MT5 platform and trading conditions that seem good, a careful look at public information shows a troubling pattern of serious user complaints and a major lack of trustworthy financial rules. This review breaks down these problems to give you the most important information right away, helping you understand the big risks with DUHANI before investing. We will quickly point out the main finding: DUHANI works without a real, mainstream financial license, which is a major warning sign for any trader.

Original 2026-04-17 17:43

A Complete Guide to Trader's Way Fund Transfers (2026 Review)

When you look up information about Trader's Way Deposit and Trader's Way Withdrawal, you're really asking an important question: is it safe to move your funds through this broker? This article does more than just explain the steps. We will look at how these processes work, but more importantly, we will discuss the biggest concern of all: Trader's Way works without proper financial oversight. When a broker isn't properly regulated, it directly affects how safe your capital is, how clear their transactions are, and whether you can get help if something goes wrong. If you have problems with a withdrawal, there's no official agency you can ask for help. Our goal is to give you an honest view based on information anyone can find and real user experiences. This will help you understand these fund processes while knowing the possible risks, so you can make a smart and safe choice.

Original 2026-04-17 15:54

WikiFX Express

Exness
TMGM
XM
EC markets
FXTM
FOREX.com
AVATRADE
IC Markets Global
D prime
FXCM

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
eightcap

eightcap

Regulated
D prime

D prime

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
eightcap

eightcap

Regulated
D prime

D prime

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
eightcap

eightcap

Regulated
D prime

D prime

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
eightcap

eightcap

Regulated
D prime

D prime

Regulated

Latest News

【WikiEXPO Global Expert Interview】Peng Fu: Risk Blind Spots Young Investors Need to Watch Out For

WikiFX
2026-04-17 15:37

SPECTRA GLOBAL Review: Regulation, Broker & Login Info

WikiFX
2026-04-17 15:20

D Prime Review: Regulation, Licences and WikiScore Analysis

WikiFX
2026-04-15 12:42

Broker Minimum Deposits and the Reality of Account Setup

WikiFX
2026-04-15 15:53

T4Trade Regulation Review 2026: Is This Broker Safe or a Scam?

WikiFX
2026-04-15 11:56

Is Trader's Way Regulated? The 2026 Truth About its Licenses and Corporate Warnings

WikiFX
2026-04-15 17:40

Spread Co Review 2026: Rating, License, Complaints, and Risk Signals

WikiFX
2026-04-15 17:43

NEWS Review 2026: Is this Forex Broker Legit or a Scam?

WikiFX
2026-04-15 15:59

VORBIX MARKETS Review 2026: Is this Forex Broker Legit or a Scam?

WikiFX
2026-04-15 16:07

IKON GROUP Review 2026: Regulation, Broker Safety Check

WikiFX
2026-04-16 18:03

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

YTGJQH

YTGJQH

Atanur

Atanur

Arge Houman Brokerage CO.

Arge Houman Brokerage CO.

OasisTrade

OasisTrade

IBH

IBH

Park Money

Park Money

DingHui

DingHui

TOP-MININGBOT

TOP-MININGBOT

StocksCM

StocksCM

GlobalOption TRADES

GlobalOption TRADES