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The Australian dollar is trending lower against the USD ahead of the RBA interest rate decision. On Monday, November 3, the AUD/USD pair drew a small-bodied bearish candle with long shadows at the top and bottom of the candle. This candlestick pattern extended the previous four-day losing streak. AUD/USD formed a high of 0.6535, a low of 0.65176, and a close of 0.65381 from an open of 0.65413. The main factor likely to drive the AUD/USD pair today is the RBA's interest rate decision. The market currently expects the RBA to maintain its cash rate at 3.60%. If the RBA ultimately cuts rates as expected, the focus will shift to the accompanying statement, or RBA rate statement, for subtle hints about the RBA's future policy tone. If the statement is hawkish, indicating the RBA remains wary of inflation, the implication is likely to be that the AUD will strengthen. If the RBA unexpectedly cuts rates, the AUD is likely to weaken sharply. Conversely, if the RBA unexpectedly raises rates, the Australian dollar could strengthen sharply. Given the Australian economic backdrop, the higher-than-expected monthly Consumer Price Index (CPI) data for September 2025 has reduced market bets on further interest rate cuts in the near term and provided temporary support for the AUD. The market will also be closely monitoring other economic data from Australia this week, such as the trade balance. A larger trade surplus could support the AUD. This is because the AUD has a strong correlation with commodities such as copper and iron ore, with its strategic partner, China. If the global recovery strengthens, this could support the AUD. The current pressure on the AUD is primarily due to the continued strength of the USD. Expectations that the Federal Reserve may not cut interest rates soon are supporting the USD and putting pressure on the AUD. The US Dollar Index (DXY), which tracks the US dollar against six major currencies, has risen over the past five days, reflecting this strong performance. The DXY has currently reached 99.988. While the Chinese economy and commodity demand remain at risk, disappointing data could negatively impact the AUD. Although several US economic data releases have been delayed due to the government shutdown, the market will continue to focus on this week's US employment report. Weak US data could pressure the USD, while stronger data could support it. Price movements ahead of the RBA announcement are likely to be cautious. Key support is forecasted at 0.6480-0.6500, with key resistance at 0.6600-0.6610. The RBA interest rate decision is high-impact news, so strict risk management is required. Significant price movements could occur following the RBA announcement.
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tradeshowdisplaydepot joined the community
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Racer490 started following KITE: A Token Built Around Utility and Community Governance
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KITE continues to shape its ecosystem with a focus on utility, governance, and interoperability. The token acts as the main medium for transaction fees and in-app payments, ensuring smooth, low-cost transfers across integrated dApps. Holders can also participate in governance proposals, giving the community real influence over the project’s evolution. Staking opportunities and reward mechanisms enhance long-term engagement, allowing both users and developers to benefit for contributing to network growth. KITE also promotes interoperability, connecting decentralized applications to create a more unified Web3 environment. Now trading on BingX, KITE reflects the shift toward tokens that emphasize function over speculation. Its model highlights how practical design and community involvement can strengthen blockchain ecosystems. How do you see governance-driven tokens shaping the next phase of Web3 growth?
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ishitarao started following RBFX Support
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Market Fundamental Analysis by RoboForex
ishitarao replied to RBFX Support's topic in Forex News & Analysis
The AUD finding support in recent statistics suggests the market is responding well to domestic data. If this momentum holds, we might see further bullish sentiment—especially if upcoming inflation or employment figures stay strong. Definitely worth watching how it reacts around key resistance levels. -
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ishitarao replied to hammer32's topic in Crypto Earning & Get Paid Apps
Sounds too good to be true. Most crypto faucets offer tiny amounts of coins—usually just a few satoshis per claim—and they’re often loaded with ads or require captchas. If someone’s promising unlimited free crypto every minute, it’s worth double-checking the legitimacy. Always do your research and avoid sharing personal info or wallet keys. Better safe than sorry in the crypto space. -
Trading has never really been free. Whether it’s crypto swaps or stock orders, there’s usually a fee attached — gas, commission, or a small cut taken somewhere along the way. These charges might seem minor per trade but can quietly reduce overall gains, especially for active traders. Bitget’s onchain setup takes a different route by removing those fees entirely for US stock trading. Instead of paying to execute each trade, users can transact directly on the blockchain without network costs or intermediaries. It’s a straightforward model that puts transparency and efficiency first. This move toward zero-fee trading marks a broader change in how people think about access and fairness in markets. As more platforms test it out, it could reshape what traders expect from both crypto and traditional exchanges.
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MareX joined the community
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Thanks for sharing this! Apirone stands out as a simple, non-custodial crypto payment gateway that supports Bitcoin and a wide range of altcoins. Its transparent fee structure and direct payouts to users' wallets make it ideal for businesses looking to accept crypto without the complexity of managing wallets or conversions. Definitely a solid option for merchants who value privacy and decentralization.
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sanyamehtarfx started following Apirone
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official Primedice.com - Crypto Casino
SymphonizedBM replied to SymphonizedBM's topic in Crypto & WEB3 Games
Have a good Week Dicers! -
Earlier today, I saw Balancer transfer over $70 million in assets, which caused a sharp drop in the BAL token price. With some speculating about a potential exploit, it’s definitely something to watch closely. On a different note, I joined the Kite AI (KITE) event on BingX today. I staked USDT and BNB in the Xpool to earn rewards and possibly redeem KITE tokens later. There’s a 150,000 KITE Points reward pool, which makes it an interesting opportunity. Given the market’s volatility, staking seems like a safer bet right now, especially for those looking to earn while navigating these shifts. https://bingx.com/en/xpool/overview What’s your take on staking in the current market? Is it a strategy you’re exploring, or do you have other methods in mind to handle the volatility?





