83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

010620 Weekly Analysis

by | Jun 1, 2020 | Weekly Analysis

1 June 2020                 Weekly Analysis GCMAsia Weekly Report: June 1 – 6 Market Review (Forex): May 25 – 30 US Dollar The dollar index which traded against a basket of six major currency pairs slumped last week over the backdrop of the string of bleak data...

010620 DOLLAR_INDX-Noon

by | Jun 1, 2020 | Dollar_indx

DOLLAR_INDX, H4: Dollar index was traded lower while currently testing near the support level 97.70. MACD which illustrate ongoing bearish momentum suggest the dollar to extend its losses after it breaks below the support level.   Resistance level: 98.70, 99.50...

010620 GBPUSD-Noon

by | Jun 1, 2020 | GBP/USD

GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.2435. MACD which illustrate bullish momentum signal suggest the pair to extend its gains after it breaks above the resistance level.   Resistance level: 1.2435, 1.2630...

010620 EURUSD-Noon

by | Jun 1, 2020 | EUR/USD

EURUSD, H4: EURUSD was traded higher while currently testing the resistance level 1.1140. However, MACD which illustrate diminishing bullish momentum suggest the pair to experience a technical correction in short term towards the support level 1.1015   Resistance...

010620 USDJPY-Noon

by | Jun 1, 2020 | USD/JPY

USDJPY, H4: USDJPY remain traded in a sideway channel. Due to lack of clear direction from MACD, it is suggested to wait until further signal appear such as breakout before entering the market.   Resistance level: 108.05, 108.55 Support level: 107.35,...