Many investors struggle with accurately predicting market trends, but in reality, each analyst has their own unique interpretation method. Some rely on technical indicator signals, others focus on candlestick patterns, and my personal most-used tool is trend line analysis. Compared to other methods, trend lines offer a simple and intuitive advantage, helping traders quickly capture trend reversal opportunities. This article will systematically introduce the core principles of trend lines, drawing logic, practical applications, and recommend several professional analysis tools.
What are trend lines? Their value in trading
Trend lines are essentially straight lines connecting key price points, drawn subjectively by analysts based on historical movements. By connecting multiple turning points (lows or highs) in the same direction, they help traders intuitively determine whether an asset is in an uptrend, downtrend, or sideways movement.
The core difference between an ascending trend line and a descending trend line is: the former connects progressively higher lows, while the latter connects progressively lower highs.

In the first half of 2025, the Japanese stock market experienced a strong rebound after the collective panic in April. On June 30th, the Nikkei 225 index closed at 40,487 points, reaching a nearly 33-year high, just shy of the 40,000 point threshold. What is the logic behind this rally? Can it continue? Which Japanese stocks are worth布局? How should Taiwanese investors buy? This article will analyze each aspect in detail.
Why did the Japanese stocks rebound rapidly? The three core reasons
The recent rise in the Japanese stock market is not accidental but the result of multiple factors stacking up.
First is valuation recovery. During the global tariff panic in April, the P/E ratio of the Nikkei index fell to around 12, significantly lower than major European and American markets. As the market gradually recognized the excessive pessimism, investors began to reassess the true value of Japanese companies, and the P/E ratio gradually rebounded to about 13. This undervaluation and subsequent revaluation of assets became the driving force behind this round of rebound.

Monday Asian market reports gold volatility news—spot gold, after hitting a six-week high, suddenly came under pressure. Currently, it hovers around $4,220 per ounce, down more than $36 from the intraday high of $4,256.31 per ounce. Is this rapid correction driven by technical profit-taking or a market re-evaluation of the Fed's rate cut expectations?
Technical Analysis: Key Levels Determine Future Direction
According to FXStreet's technical analysis, gold remains in a strong upward trend. On the daily chart, the 21-day, 50-day, 100-day, and 200-day moving averages are all rising, with prices firmly above these momentum indicators. Short-term support is at $4,095.07 per ounce. The RSI( reading is 65.97, indicating that upward momentum is still sufficient and the market has not entered overbought territory.
However, there is a wall ahead—from the high of $4,381.17 per ounce to the low of $3,885.84

The robotics industry is迎來 a once-in-a-lifetime opportunity. With breakthroughs in artificial intelligence technology and increasing global automation demand, AI robot concept stocks such as Delta Electronics, Zhi Mao, and Teco are demonstrating strong commercial potential. So, among many robot-related companies, which ones truly have long-term investment value? This article will analyze from three dimensions: industry context, corporate strength, and financial performance, to help investors accurately grasp this wave of robot industry upgrades.
Robotics industry is on the rise, why is it worth paying attention to?
'Robot concept stocks' refer to publicly listed companies engaged in robot research and development, manufacturing, and application promotion. In the past, industrial robots were the main application area, but in recent years, with technological refinement, the scope of robot applications has continuously expanded—from industrial manufacturing to medical, logistics, defense, and other sectors, leading to more detailed industry segmentation.
What is driving this change? On one hand, the global population is aging.

A Quick Overview of the Rate Hike Cycle
The wave of rate hikes that began in 2022 is arguably one of the most aggressive monetary policy adjustments in history. In just 21 months, the Federal Reserve raised the benchmark interest rate from near zero to over 5%, totaling a 500 basis point increase. Even more remarkably, during 10 consecutive Federal Open Market Committee meetings, the Fed continued to raise rates, with four consecutive hikes of 75 basis points in the summer and fall of 2022, which is rare in recent decades.
Behind this aggressive policy is an inflation crisis. By mid-2022, US inflation reached a 40-year high, forcing the Fed to take extreme measures to prevent inflation expectations from spiraling out of control. However, rate hikes also introduced new risks— the banking crisis that erupted in 2023 was partly caused by sharp declines in long-term bond prices amid rapid rate increases.
When will the rate hikes stop? How is the market pricing the future?

Last Week's Market Review
Last week (11/10-11/14), the US dollar index fell by 0.28%, with non-US currencies showing mixed performance. The euro rose by 0.46%, the Japanese yen declined by 0.73%, the Australian dollar increased by 0.68%, and the British pound slightly appreciated by 0.08%. These fluctuations reflect a recalibration of expectations regarding global central bank policies.
Reassessment of Rate Cut Expectations Drives Euro Appreciation
Is the Federal Reserve's December rate cut in doubt?
Last week, the EUR/USD rose by 0.46%, driven by weaker US employment data and the resumption of government operations. On November 12th, Eastern Time, Trump signed a temporary funding bill, ending a 43-day government shutdown. With the government back in operation, market focus shifted to upcoming economic data releases.
The key highlights include the September non-farm payroll report on November 20th, the third-quarter GDP revision and October PCE price index on November 26th. Analysts point out that

Platinum's Position in Precious Metal Investment
To discuss platinum investment, first understand its fundamental differences from gold and palladium. Many people mistakenly believe that platinum is only a material for high-end jewelry; in reality, its industrial applications are far more significant than decorative uses.
According to U.S. fund data, in 2018, the global annual gold production reached 3,332 tons, while platinum output was only 165 tons, highlighting its rarity. More importantly, global platinum production is monopolized by South Africa and Russia, and this geographic concentration makes supply highly susceptible to political and economic factors.
Compared to gold's single safe-haven attribute, platinum has greater malleability and is widely used in automotive (catalytic converters), turbine engines, medical equipment, computers, and the petroleum industry. This determines that platinum price fluctuations are closely tied to industrial cycles.
Key Turning Points in Platinum Prices Over the Years
2000-2008

When we open stock trading software, in addition to basic data such as opening price, highest, and lowest prices, we also see indicators like "Inner Market," "Outer Market," and "Inner-Outer Market Ratio." These seemingly complex concepts are actually intuitive representations of the market forces between buyers and sellers, and are essential market language for short-term traders. Today, let's comprehensively understand the logic behind the Inner-Outer Market Ratio from a practical perspective.
Understanding the Market from the Five-Price Quote
To understand the Inner-Outer Market Ratio, first, you need to understand the five-price quote. The five-price quote is the screen you see immediately when opening your broker's app. On the left, marked in green, is the "Buy Five-Price" — representing the top 5 buy orders with the highest bid prices. On the right, marked in red, is the "Sell Five-Price" — representing the top 5 sell orders with the lowest ask prices.
For example, if the buy one shows "1160 yuan / 1415 lots," it means there are 1415 lots waiting to buy at 1160 yuan. The sell one shows "1165 yuan /

Why Learn Currency Symbols? Based on Trading Practice
When trading in the foreign exchange market, quickly recognizing currency symbols directly affects operational efficiency. Instead of writing out "40 USD" or "100 RMB" each time, using symbols (such as $40, ¥100) can save a significant amount of time, making market tracking and trading records clearer and more intuitive.
Especially for traders active in international financial markets, mastering mainstream currency symbols and their codes is equivalent to understanding a universal market language. For example, seeing the currency pair EUR/USD, you need to immediately recognize that € represents the Euro, $ represents the US Dollar, and understand the exchange rate trend between the two. Currency symbols are essentially a visual shorthand system that helps us quickly locate target assets amid complex market information.
Global Major Trading Currency Symbols Lookup Table
The table below summarizes the commonly used currency symbols in the foreign exchange and investment markets.

Silver prices hit a record high, how should investors seize the opportunity?
Since 2025, the silver market has been on a steady rise, with silver prices breaking through the $60 per ounce mark on December 9th, subsequently reaching a record high of $64.6 per ounce. This year, silver has already gained over 100%, outperforming gold (which has increased by 60%) and the Nasdaq (which has risen about 20%).
Multiple positive factors are driving this trend, including expectations of Federal Reserve rate cuts, global supply shortages, and the U.S. government listing silver as a critical mineral. International investment bank UBS has revised its outlook, setting the 2026 silver price target range at $58 to $60 per ounce, with the possibility of breaking through $65 per ounce.
In the face of this investment boom, many retail investors in Taiwan are starting to look for ways to enter the market. Silver ETFs, due to their ease of trading, high liquidity, and low barriers to entry, have become the most popular choice for participating in the silver price trend.
First time buying silver

Silver prices hit a record high, investment frenzy surges
London spot silver is experiencing an unprecedented rally. Supported by multiple positive factors such as expectations of Federal Reserve rate cuts, global supply tightness, and silver being officially included in the US critical minerals list, silver prices broke the important psychological barrier of $60 per ounce on December 9, 2025, and continued to rise to a historic high of $64.6 per ounce.
So far this year, silver has surged over 100%, becoming the most outstanding asset. In comparison, gold has increased by only about 40%, and the Nasdaq Composite Index has risen by approximately 20%. International investment bank UBS forecasts silver prices in 2026 to be between $58 and $60 per ounce, with even the possibility of reaching $65 per ounce.
This rally has attracted a large number of retail investors into the silver market, among which silver ETFs have become the preferred tool due to their convenient trading and relatively controllable risks.

What exactly is the Taiwan Stock Market Index? Understand this basic concept first
If you often hear people talking about stock market trends, the term "Taiwan Stock Market Index" is definitely familiar. Simply put, the Taiwan Stock Market Index is the weighted stock price index of the Taiwan Stock Exchange, commonly known as the "Weighted Index" in the market.
The core function of this index is very clear: it reflects the overall performance of all listed stocks traded on the Taiwan Stock Exchange, including large companies like TSMC and MediaTek. Investors can quickly grasp the overall trend of the Taiwanese stock market and economic conditions by observing the rise and fall of the index.
In daily life, when people mention "How many points did the Taiwan stock go up today," they are actually referring to the change in the index value. But to truly understand why an index can represent the entire stock market, you need to understand how the index is calculated.
How is the index calculated? Comparing two calculation methods
Essentially, an index is a weighted average.

On September 18, the Federal Reserve announced its first 50 basis points rate cut, bringing the federal funds rate to 4.75%-5.00%. This is the first policy rate reduction since the pandemic in 2020. The decision marks a shift in US monetary policy from tightening to easing, with far-reaching implications for global asset allocation.
But is a rate cut good news for the stock market or a risk signal? History shows that the answer is not simply "yes" or "no," but depends on the economic cycle, market expectations, and policy implementation.
Economic signals behind the rate cut
The Federal Reserve's decision to cut rates reflects changes in economic growth momentum. The unemployment rate has risen from 3.80% in March 2024 to 4.30% in July, triggering a recession warning signal. Meanwhile, the ISM Manufacturing PMI has been in contraction territory for five consecutive months, prompting the Fed to revise this year's GDP growth forecast from 2.1% down to 2.0%.

Signs of a sluggish job market continue to emerge
The U.S. Bureau of Labor Statistics released a complex set of signals in its November employment report yesterday. Non-farm payrolls increased by 64,000 jobs, surpassing market expectations of 50,000, but the unemployment rate unexpectedly rose to 4.6%, the highest since September 2021 and above the forecasted 4.4%. More notably, the previous month's data was significantly revised downward, with October non-farm jobs actually decreasing by 105,000, far exceeding the initial estimate of a 25,000 decline.
This data reflects subtle changes in the labor market—companies are not engaging in large-scale layoffs but are cautiously controlling new hiring. Analysts point out that some firms prefer to have workflows handled by artificial intelligence rather than increasing human labor. Over the past six months, the private sector has averaged only 44,000 new hires per month, the slowest pace since the economic recovery period following the pandemic.
Market concerns about a recession intensify
After the employment data was released, the Federal Reserve's interest rate

Why are small investors all playing with fractional shares?
In the Taiwanese stock market, fractional share trading has become the mainstream choice for small-scale investors. Unlike traditional full shares (1 lot = 1000 shares), fractional shares allow investors with limited funds to enter the market flexibly, with a minimum purchase of just 1 share of a desired company. Since the exchange opened intraday fractional share trading on October 26, 2020, this investment tool has become increasingly practical.
What are fractional shares? How are they generated?
Fractional shares refer to stocks less than 1000 shares, with the minimum trading unit being 1 share. They are usually generated in the following situations:
- When investors place buy orders and the price fluctuates too quickly, causing the order not to be fully executed
- During dividend or stock distribution processes, resulting in leftover shares
- When investors actively purchase fractional shares during after-hours trading
In simple terms, fractional shares are "stock leftovers" transactions, with each order not exceeding 999 shares.
Fractional share trading hours and exchange

Today, the global financial markets are volatile due to concerns over geopolitical tensions. Precious metal prices hit new highs, with silver surpassing $66 and gold also rising; crude oil rebounded 2.43% due to supply easing; US tech stocks performed well, with Tesla reaching a new all-time high; UK inflation was below expectations, putting pressure on the pound; the market is focused on potential policy signals from Federal Reserve officials' speeches.

On December 9th, US stock futures diverged, with Nvidia's stock price rising due to chip sales to China, while Tesla declined. The United States is about to release employment data, which is expected to boost the US dollar. The Reserve Bank of Australia kept interest rates unchanged but signaled a hawkish stance, prompting the Australian dollar to rise. Gold and silver prices collectively rebounded, while Iraq's increased production pressured crude oil prices downward. Moving forward, close attention should be paid to the interaction between the US dollar exchange rate, employment data, and asset prices.

December 10, 2025, the TWD to JPY exchange rate reaches 4.85, and travel to Japan and JPY investment demand heats up again. Want to exchange for Japanese yen but don't know where to start? This article summarizes the four most common exchange channels in Taiwan, including specific handling fees, exchange rate differences, and how to smartly choose the best options for small denominations like 2000 yen bills.
First, understand: what is the difference between cash exchange rate and spot exchange rate?
To accurately calculate currency exchange costs, you need to understand two core concepts.
Cash exchange rate is the buying and selling price set by banks for physical banknotes, suitable for on-site exchange before going abroad. The downside is that it is 1-2% higher than the international market price, plus possible handling fees, making the overall cost relatively high.
Spot exchange rate is the market price settled T+2 (within two business days) in the foreign exchange market, mainly used for electronic account transfers. Since it is close to the actual international market rate, it is usually 0.5-1% better than the cash exchange rate. This is also why...