MHMarkets：US inflation has cooled and the market expects the Fed's current round of rate hike to end.

At the end of the Asian market on Wednesday (November 15), data released by the US Department of Labor showed that the US Consumer Price Index (CPI) fell to 3.2% year-on-year in October from 3.7% last month, lower than the market's expected 3.3%. The month on month decrease from 0.4% last month to flat, the smallest increase since July 2022. Meanwhile, the core CPI excluding food and energy decreased from 4.1% last month to 4.0% year-on-year, lower than the market's previously expected 4.1%. The month on month increase was 0.2%, lower than the expected 0.3%, and also the smallest increase since July this year. After the data was released, the US dollar index plummeted, and the market expected the Fed's current rate hike to end. At the opening of the Asian market today, the US dollar index slightly adjusted, with the current price around 104.13. Affected by yesterday's CPI data released by the US, gold rose significantly during the day. However, based on yesterday's gains, investors' demand for gold is weakening due to reduced attention to the conflict between Pakistan and Israel. Gold rose slightly at the opening of the Asian market today, with the current price around 1967.57. The market volatility of crude oil yesterday was relatively low compared to other commodities, mainly because the EIA will release crude oil inventory data later today, and it is still two copies. Due to investors' concerns that EIA data may cause significant fluctuations in the market, they are still relatively cautious before the data is released. Today, during the Asian market, US crude oil quickly rebounded after breaking below the previous day's low, with the current price around 78.53. EURUSD was significantly boosted by US data yesterday and broke through multiple resistance levels in a row. The final price closed near the intraday high. Today, EURUSD slightly adjusted in the Asian market and is currently quoted around 1.0875. Earlier today, the Japanese Cabinet Office announced that Japan's gross domestic product (GDP) for the third quarter had an annualized rate of -2.1%, a contraction far higher than economists' forecast of -0.4%, and a growth of 4.8% in the second quarter. The main reasons for economic contraction are a decrease in corporate spending and an increase in imports. USDJPY was affected by US data yesterday, and the yen has been near the government's policy red line, causing a significant decline in the day. At the opening of the Asian market today, USDJPY corrected and sorted, with the current quotation around 150.63.

MHMarkets strategy is only for reference and not for investment advice. Please carefully read the statement at the end of the text. The following strategy will be updated at 15:00 on November 15, Beijing time.

Gold XAUUSD·
Resistance	1971.11 – 1984.59 – 1993.08
Support	1944.21 – 1931.67 – 1923.26
The above figure shows the 30 minute chart of   gold. The chart shows that the recent upward resistance of gold has been   around 1971.11-1984.59-1993.08, and the downward support has been around 1944.21-1931.67-1923.26.   The market will be judged by whether to break through the upper and lower   support and resistance. Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime   policy. Please pay attention to the policy release time.

Crude Oil USOUSD·
Resistance	79.64 – 81.99 – 83.35
Support	77.68 – 76.98 – 76.17
The above chart shows the 30 minute chart of US   crude oil. The chart shows that the recent upward resistance of US crude oil   is around 79.64-81.99-83.35, and the downward support is around 77.68-76.98-76.17.   The market will be judged by whether to break through the upper and lower   support and resistance. Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime   policy. Please pay attention to the policy release time.

EURUSD·
Resistance	1.0882 - 1.0925 - 1.0945
Support	1.0809 - 1.0764 - 1.0701
The above figure shows the 30 minute chart of EURUSD.   The chart shows that the recent upward resistance of EURUSD is around 1.0882-1.0925-1.0945,   and the downward support is around 1.0809-1.0764-1.0701. The market will be   judged by whether to break through the upper and lower support and   resistance. Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime   policy. Please pay attention to the policy release time.

GBPUSD·
Resistance	1.2507 – 1.2530 – 1.2549
Support	1.2445 - 1.2428 – 1.2398
The above figure shows the 30 minute chart of GBPUSD.   The chart shows that the recent upward resistance of GBPUSD is around 1.2507-1.2530-1.2549,   and the downward support is around 1.2445-1.2428-1.2398. The market will be   judged by whether to break through the upper and lower support and   resistance. Note: The above strategy was updated at 15:00 on November 15. This policy is a daytime   policy. Please pay attention to the policy release time.