{"id":11695,"date":"2023-10-31T09:31:31","date_gmt":"2023-10-31T09:31:31","guid":{"rendered":"https:\/\/www.sevenstarfx.com\/blog\/?p=11695"},"modified":"2023-10-31T09:31:31","modified_gmt":"2023-10-31T09:31:31","slug":"daily-market-outlook-31-oct-2023","status":"publish","type":"post","link":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/","title":{"rendered":"Daily Market Outlook, 31 Oct, 2023"},"content":{"rendered":"\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\"><strong>Market Wrap: Stocks, Bonds, Commodities<\/strong><\/span><\/h3>\r\n\r\n\r\n\r\n<p>Tech workers at the New York Times plan to strike for half a day on Monday, accusing the publisher of attempting to unilaterally force them back to the office.<\/p>\r\n\r\n\r\n\r\n<p>The Dow Jones Industrial Average rose 511.37 points to 32,928.96, the S&amp;P 500 gain 1.20% to 4,166.82 and the Nasdaq Composite add 146.45 points to 12,789.48.<\/p>\r\n\r\n\r\n\r\n<p>MSCI\u2019s index of Asia-Pacific stocks outside Japan is decline 0.89% to 581.63 levels. The Australian index was higher by 0.12% to 6,780.70. Japanese Nikkei Index ascend 0.60% today.<\/p>\r\n\r\n\r\n\r\n<p>European stocks were positive on Tuesday, with the Stoxx Europe 50 Index rose 0.62% to 4,053.35, Germany&#8217;s DAX ascend 0.36% to 14,768.15, and France&#8217;s CAC advance 0.63% to 6,868.04 and U.K.&#8217;s FTSE 100 add 0.42% to 7,358.00.<\/p>\r\n\r\n\r\n\r\n<p>Benchmark 10-year U.S. Treasury fell as demand for safe assets ascend again, today 10-year bond yields negative 0.76% to 4.8420.<\/p>\r\n\r\n\r\n\r\n<p>Oil prices dipped even after Israel sent ground forces into the Gaza Strip, raising tensions in the Middle East, as investors closely monitor the U.S. Federal Reserve\u2019s\u00a0monetary policy meeting later this week.<\/p>\r\n\r\n\r\n\r\n<p>Spot Brent crude oil ascend 0.86% to $87.06 per barrel. US West Texas Intermediate crude is up 0.87% to $83.03 a barrel.<\/p>\r\n\r\n\r\n\r\n<p>The yellow metal gold is advance 0.03% to 2,006.25 dollars per ounce.<\/p>\r\n\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\"><strong>Market <span style=\"color: #cf2e2e;\">Wrap:<\/span> Forex<\/strong><\/span><\/h3>\r\n\r\n\r\n\r\n<p>The U.S. dollar edged higher in early European trade Tuesday, while the yen slumped after the Bank of Japan maintained its ultra-dovish stance.\u00a0<\/p>\r\n\r\n\r\n\r\n<p>Today, the U.S. dollar index measures the Greenback against a trade-weighted basket of six major currencies, which slipped 0.03% to 105.910.<\/p>\r\n\r\n\r\n\r\n<p>The Euro US Dollar (EUR\/USD) is a widely traded pair that is up 0.29% today. This left the pair trading around $1.06440.<\/p>\r\n\r\n\r\n\r\n<p>The Japanese yen was negative against the U.S. dollar on Tuesday. Today USD\/JPY is surged 0.89% to the 150.430 level.<\/p>\r\n\r\n\r\n\r\n<p>Another commodity-related currency mixed against the U.S dollar, AUD\/USD fell 0.05% to 0.63710, and NZD\/USD surged 0.23% to 0.58550 level.<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">EUR\/USD Intraday:<\/span> Trend on the upside<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is at 1.06040<\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Preferable Price Action<\/strong>: Take buy positions above pivot level with targets at 1.06320 &amp; 1.06510 in extension.<\/p>\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: Below pivot looks for a further downside to 1.05790 &amp; 1.05630.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment:<\/strong> RSI is above 50 levels and Pairs above its 20MA &amp; 55MA.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11690 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">GBP\/USD Intraday:<\/span> Resistance level at 1.21520<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is at 1.21520<\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Preferable Price Action<\/strong>: Sell positions below pivot with targets at 1.21290 &amp; 1.21150 in extension.<\/p>\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: The price above pivot would call for further upside to 1.21720 &amp; 1.21870.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment<\/strong>:\u00a0 RSI is below 50 levels and Pairs below 20MA.\u00a0<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11691 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/GBPUSD-20-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/GBPUSD-20-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/GBPUSD-20-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/GBPUSD-20-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/GBPUSD-20-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/GBPUSD-20.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">USD\/JPY Intraday:<\/span> Major trend on the upside<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is at 150.100<\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Preferable Price\u00a0Action:<\/strong> Buy position above pivot with the target at 150.590 and 150.900 in extension.<\/p>\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: The downside breakout of the pivot would call for 149.720 and 149.460.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment<\/strong>: MACD is above 50 level and Pairs above its 20MA &amp; 55MA.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11692 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/USDJPY-20-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/USDJPY-20-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/USDJPY-20-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/USDJPY-20-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/USDJPY-20-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/USDJPY-20.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">AUD\/USD Intraday:<\/span> Trend on the downside\u00a0<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is at 0.63670<\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Preferable Price Action:<\/strong> Sell positions below pivot with targets at 0.63380 &amp; 0.63210 in extension.<\/p>\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: Above pivot looks for a further upside with 0.63920 &amp; 0.64110 as targets.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment<\/strong>: RSI is below 50 levels and Pairs below 55MA.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11688 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/AUDUSD-20-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/AUDUSD-20-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/AUDUSD-20-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/AUDUSD-20-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/AUDUSD-20-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/AUDUSD-20.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">CRUDEOIL Intraday:<\/span> In a consolidation zone<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is at 82.33<\/strong><\/p>\r\n<p><strong>Preferable Price Action<\/strong>: Above pivot buy oil with 83.08 &amp; 83.60 as targets.<\/p>\r\n\r\n\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: Sell crude below pivot with targets at 81.66 and 81.18 in extension.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment<\/strong>: MACD is flat territory.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11689 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/CRUDEOIL-20-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/CRUDEOIL-20-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/CRUDEOIL-20-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/CRUDEOIL-20-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/CRUDEOIL-20-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/CRUDEOIL-20.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">XAU\/USD Intraday:<\/span> In a consolidation zone<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is 2000.40<\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Preferable Price Action<\/strong>: Further downside to 1988.30 and 1980.00.<\/p>\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: If the price gives an upside breakout of a pivot, then the price extends to 2013.50 and 2022.80.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment<\/strong>: MACD is at 50 level and Pairs below 20MA.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11694 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/XAUUSD-19-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/XAUUSD-19-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/XAUUSD-19-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/XAUUSD-19-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/XAUUSD-19-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/XAUUSD-19.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n\r\n\r\n<hr class=\"wp-block-separator has-alpha-channel-opacity\" \/>\r\n\r\n\r\n<h3 class=\"wp-block-heading\"><span style=\"color: #cf2e2e;\">Dow Jones Intraday:<\/span> Trend on the upside<\/h3>\r\n\r\n\r\n\r\n<p><strong>Our pivot point is 32,878.00<\/strong><\/p>\r\n\r\n\r\n\r\n<p><strong>Preferable Price Action<\/strong>: Take buy positions above the pivot with targets at 33,083.00 &amp; 33,228.00.<\/p>\r\n\r\n\r\n\r\n<p><strong>Alternative Price Action<\/strong>: Below 32,878.00 looks for further downside to 32,727.00 &amp; 32,606.00.<\/p>\r\n\r\n\r\n\r\n<p><strong>Comment<\/strong>: RSI is above 50 levels and Pairs above its 20MA &amp; 55MA.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-11693 size-large\" src=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/WS30-20-1024x488.jpg\" alt=\"\" width=\"1024\" height=\"488\" srcset=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/WS30-20-1024x488.jpg 1024w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/WS30-20-300x143.jpg 300w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/WS30-20-768x366.jpg 768w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/WS30-20-1536x732.jpg 1536w, https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/WS30-20.jpg 1917w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-text-align-center\"><span style=\"color: #008000;\">Green Lines Indicate Resistance Levels<\/span>\u00a0\u00a0\u2013\u00a0<span style=\"color: #ff0000;\">Red Lines Indicate Support Levels\u00a0<\/span><br \/><span style=\"color: #3366ff;\">Light Blue is a Pivot Point<\/span>\u00a0\u00a0\u00a0\u2013 Black represents the price when the report was produced<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>Market Wrap: Stocks, Bonds, Commodities Tech workers at the New York Times plan to strike for half a day on Monday, accusing the publisher of attempting to unilaterally force them&hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[124,89,329,10,28,3,155,220,26,328,33,327,72,323,31,101],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Market Outlook, 31 Oct, 2023<\/title>\n<meta name=\"description\" content=\"Learn effective forex trading strategies and stay updated with the latest market trends. Our blog offers in-depth technical analysis, forex charts, and expert insights to help you make informed trading decisions. Enhance your forex trading skills and boost your profits.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Market Outlook, 31 Oct, 2023\" \/>\n<meta property=\"og:description\" content=\"Learn effective forex trading strategies and stay updated with the latest market trends. Our blog offers in-depth technical analysis, forex charts, and expert insights to help you make informed trading decisions. Enhance your forex trading skills and boost your profits.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Seven Star FX\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SevenStar.FX\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-31T09:31:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-1024x488.jpg\" \/>\n<meta name=\"author\" content=\"SevenstarFX\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:site\" content=\"@sevenstarfx\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"SevenstarFX\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\"},\"author\":{\"name\":\"SevenstarFX\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\"},\"headline\":\"Daily Market Outlook, 31 Oct, 2023\",\"datePublished\":\"2023-10-31T09:31:31+00:00\",\"dateModified\":\"2023-10-31T09:31:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\"},\"wordCount\":806,\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"keywords\":[\"bitcoin\",\"covid19\",\"CRUDE FELL\",\"CRUDEOIL\",\"dow jones\",\"gold\",\"japan\",\"nasdaq\",\"Oil\",\"omicron\",\"S&amp;P 500\",\"STOCK PLUNGE\",\"US Dollar\",\"virus\",\"Wall Street\",\"yellow metal\"],\"articleSection\":[\"Daily Market outlook\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\",\"name\":\"Daily Market Outlook, 31 Oct, 2023\",\"isPartOf\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\"},\"datePublished\":\"2023-10-31T09:31:31+00:00\",\"dateModified\":\"2023-10-31T09:31:31+00:00\",\"description\":\"Learn effective forex trading strategies and stay updated with the latest market trends. Our blog offers in-depth technical analysis, forex charts, and expert insights to help you make informed trading decisions. Enhance your forex trading skills and boost your profits.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.sevenstarfx.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Daily Market Outlook, 31 Oct, 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#website\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"name\":\"Seven Star FX\",\"description\":\"Forex Trading\",\"publisher\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#organization\",\"name\":\"Seven Star FX\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"contentUrl\":\"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png\",\"width\":260,\"height\":100,\"caption\":\"Seven Star FX\"},\"image\":{\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/SevenStar.FX\/\",\"https:\/\/twitter.com\/sevenstarfx\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088\",\"name\":\"SevenstarFX\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g\",\"caption\":\"SevenstarFX\"},\"url\":\"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Daily Market Outlook, 31 Oct, 2023","description":"Learn effective forex trading strategies and stay updated with the latest market trends. Our blog offers in-depth technical analysis, forex charts, and expert insights to help you make informed trading decisions. Enhance your forex trading skills and boost your profits.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/","og_locale":"en_US","og_type":"article","og_title":"Daily Market Outlook, 31 Oct, 2023","og_description":"Learn effective forex trading strategies and stay updated with the latest market trends. Our blog offers in-depth technical analysis, forex charts, and expert insights to help you make informed trading decisions. Enhance your forex trading skills and boost your profits.","og_url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/","og_site_name":"Seven Star FX","article_publisher":"https:\/\/www.facebook.com\/SevenStar.FX\/","article_published_time":"2023-10-31T09:31:31+00:00","og_image":[{"url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2023\/10\/EURUSD-20-1024x488.jpg"}],"author":"SevenstarFX","twitter_card":"summary_large_image","twitter_creator":"@sevenstarfx","twitter_site":"@sevenstarfx","twitter_misc":{"Written by":"SevenstarFX","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/#article","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/"},"author":{"name":"SevenstarFX","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088"},"headline":"Daily Market Outlook, 31 Oct, 2023","datePublished":"2023-10-31T09:31:31+00:00","dateModified":"2023-10-31T09:31:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/"},"wordCount":806,"publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"keywords":["bitcoin","covid19","CRUDE FELL","CRUDEOIL","dow jones","gold","japan","nasdaq","Oil","omicron","S&amp;P 500","STOCK PLUNGE","US Dollar","virus","Wall Street","yellow metal"],"articleSection":["Daily Market outlook"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/","url":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/","name":"Daily Market Outlook, 31 Oct, 2023","isPartOf":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#website"},"datePublished":"2023-10-31T09:31:31+00:00","dateModified":"2023-10-31T09:31:31+00:00","description":"Learn effective forex trading strategies and stay updated with the latest market trends. Our blog offers in-depth technical analysis, forex charts, and expert insights to help you make informed trading decisions. Enhance your forex trading skills and boost your profits.","breadcrumb":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.sevenstarfx.com\/blog\/daily-market-outlook-31-oct-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.sevenstarfx.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Daily Market Outlook, 31 Oct, 2023"}]},{"@type":"WebSite","@id":"https:\/\/www.sevenstarfx.com\/blog\/#website","url":"https:\/\/www.sevenstarfx.com\/blog\/","name":"Seven Star FX","description":"Forex Trading","publisher":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.sevenstarfx.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.sevenstarfx.com\/blog\/#organization","name":"Seven Star FX","url":"https:\/\/www.sevenstarfx.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","contentUrl":"https:\/\/www.sevenstarfx.com\/blog\/wp-content\/uploads\/2019\/12\/worpess-logo.png","width":260,"height":100,"caption":"Seven Star FX"},"image":{"@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/SevenStar.FX\/","https:\/\/twitter.com\/sevenstarfx"]},{"@type":"Person","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/de40c30420c035943a1d5630549f2088","name":"SevenstarFX","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.sevenstarfx.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f36a8b047291bb494802b4e5cce44c2?s=96&d=mm&r=g","caption":"SevenstarFX"},"url":"https:\/\/www.sevenstarfx.com\/blog\/author\/author\/"}]}},"_links":{"self":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/11695"}],"collection":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/comments?post=11695"}],"version-history":[{"count":1,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/11695\/revisions"}],"predecessor-version":[{"id":11696,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/posts\/11695\/revisions\/11696"}],"wp:attachment":[{"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/media?parent=11695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/categories?post=11695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sevenstarfx.com\/blog\/wp-json\/wp\/v2\/tags?post=11695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}