{"id":35723,"date":"2023-08-31T07:41:47","date_gmt":"2023-08-31T07:41:47","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/?p=35723"},"modified":"2025-11-17T15:44:19","modified_gmt":"2025-11-17T15:44:19","slug":"from-volatility-to-vital-indicators-heres-your-trading-compass","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/zh-hans\/from-volatility-to-vital-indicators-heres-your-trading-compass\/","title":{"rendered":"From Volatility to Vital Indicators, Here&#8217;s Your Trading Compass"},"content":{"rendered":"\n<p><strong>FXGlobe&#8217;s Weekly Update<\/strong><\/p>\n\n\n\n<p>Traders,<\/p>\n\n\n\n<p>It\u2019s Adam, your trusted FXGlobe.com Ambassador, back with another dose of market insights and upcoming trends. This week was packed with economic data releases and <a href=\"https:\/\/www.fxglobe.com\/mastering-chart-patterns-a-beginners-guide-to-technical-analysis\/\" data-type=\"post\" data-id=\"34966\">significant chart movements<\/a>. So, without further ado, let&#8217;s dive right in!<\/p>\n\n\n\n<p>The Week in Review: Data Deluge and Market Moves<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>European Numbers<\/strong>:<\/h4>\n\n\n\n<p>-The Flash PMIs out of France and Germany were somewhat mixed this week. Manufacturing seems to be slowing down, while the services sector appears more resilient. These numbers are <a href=\"https:\/\/www.fxglobe.com\/the-key-differences-between-major-currencies-you-must-understand\/\" data-type=\"post\" data-id=\"31503\">key indicators<\/a> of economic health, so traders should keep an eye on them as they fluctuate.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>The British Market<\/strong>:<\/h4>\n\n\n\n<p>The UK saw its <em>Flash Manufacturing PMI<\/em> dip below expectations, though the <a href=\"https:\/\/www.pmi.spglobal.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Services PMI<\/a> managed to hit its mark. Given the volatile nature of post-Brexit Britain, these numbers will continue to be closely watched.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Across the Pond<\/strong>:<\/h4>\n\n\n\n<p>In the US, Flash Manufacturing and Services PMIs both slightly edged higher than last week, but the unemployment claims were a bit of a letdown, coming in below last week&#8217;s numbers. The German IFO Business Climate Index was slightly disappointing, falling lower than predicted, which may imply a cooling of business sentiment in <a href=\"https:\/\/www.nytimes.com\/2023\/07\/31\/business\/europe-gdp-inflation-economic-growth.html\" target=\"_blank\" rel=\"noreferrer noopener\">Europe&#8217;s largest economy<\/a>.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Technical Summary<\/strong>:<\/h4>\n\n\n\n<p>The USD had another strong week, putting pressure on major currencies and commodities. However, it was a fantastic comeback week for both<a href=\"https:\/\/www.fxglobe.com\/the-rhythms-of-nature-seasonality-in-oil-and-precious-metals-trading\/\" data-type=\"post\" data-id=\"28299\"> Gold and Silver<\/a>. Global indices saw a roller coaster ride, soaring to new highs midweek before retreating.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What to Watch Next Week<\/strong><\/h4>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>For Aussie Traders<\/strong>:<\/h4>\n\n\n\n<p>On Tuesday, RBA Governor Bullock will deliver a speech, followed by the year-over-year CPI data on Wednesday, expected at 5.4%.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>U.S. Insights<\/strong>:<\/h4>\n\n\n\n<p>A busy week in the US starts with the S&amp;P Composite\u2019s year-over-year performance on Tuesday, with a forecast of -1.7%. The CB Consumer Confidence and JOLTS Job Openings are also on tap. Employment and GDP figures round out the week, with a <a href=\"https:\/\/www.fxglobe.com\/this-weeks-market-review-and-next-weeks-forecast-2\/\" data-type=\"post\" data-id=\"33915\">Non-Farm Employment<\/a> change and a preliminary GDP for the quarter estimated at 2.4%.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>The Eurozone<\/strong>:<\/h4>\n\n\n\n<p>The German Preliminary CPI is scheduled for Wednesday, while Spain&#8217;s Flash CPI, expected at 2.3%, will also be under the microscope.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Hot Charts to Eye<\/strong><\/h4>\n\n\n\n<p>GBPJPY appears healthy and <a href=\"https:\/\/www.fxglobe.com\/uks-bullish-ftse-takes-a-brief-breather\/\" data-type=\"post\" data-id=\"24382\">bullish<\/a>, but with some potential resistance up ahead.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gbpjpydaily-1024x576.png\" alt=\"GBPJPY chart price action screenshot\" class=\"wp-image-35726\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gbpjpydaily-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gbpjpydaily-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gbpjpydaily-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gbpjpydaily-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gbpjpydaily.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Gold is attempting to form a double bottom at support, but will it be able to push the strong USD back as well?<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gold_spotweekly-1024x576.png\" alt=\"Gold chart price action screenshot\" class=\"wp-image-35736\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gold_spotweekly-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gold_spotweekly-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gold_spotweekly-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gold_spotweekly-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_gold_spotweekly.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The SP500 also appears to have formed a double bottom on support. This coming week will be interesting to watch this.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_us500_spotdaily-1024x576.png\" alt=\"SP500  chart price action screenshot\" class=\"wp-image-35746\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_us500_spotdaily-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_us500_spotdaily-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_us500_spotdaily-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_us500_spotdaily-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_us500_spotdaily.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>USDJPY, similar to GBPJPY above, shows bullish intent, but sits right on resistance. A break above this could be significant.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_usdjpydaily-1024x576.png\" alt=\"USDJPY chart price action screenshot\" class=\"wp-image-35756\" srcset=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_usdjpydaily-1024x576.png 1024w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_usdjpydaily-300x169.png 300w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_usdjpydaily-768x432.png 768w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_usdjpydaily-1536x864.png 1536w, https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/08\/9.weekly25aug2023_usdjpydaily.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>If you\u2019re a technical trader, Gold and Silver are looking more appealing than ever. <a href=\"https:\/\/www.fxglobe.com\/fxglobe-weekly-market-insights-from-inflation-to-gdp-boosts\/\" data-type=\"post\" data-id=\"34556\">Global indices<\/a> are also expected to make some significant moves, which could offer excellent opportunities for keen market participants.<\/p>\n\n\n\n<p>That wraps it up for this week, traders. Thank you for tuning in. Keep building those good habits, stay tuned to the news, and let&#8217;s meet those <a href=\"https:\/\/www.fxglobe.com\/how-to-trade-major-currency-pairs\/\" data-type=\"post\" data-id=\"32453\">financial goals<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FXGlobe&#8217;s Weekly Update Traders, It\u2019s Adam, your  [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":44935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[75],"tags":[],"class_list":["post-35723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chon-hang-ngay"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/posts\/35723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=35723"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/posts\/35723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/media\/44935"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=35723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=35723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=35723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}