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.

051020 USDJPY-Noon

by | Oct 5, 2020 | USD/JPY

USDJPY, H4: USDJPY remain traded in a sideway channel following recent rebound from the support level 105.15. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to extend its rebound in short term towards the resistance level 105.90....

051020 EURUSD-Noon

by | Oct 5, 2020 | EUR/USD

EURUSD, H4: EURUSD was traded flat while currently testing near the resistance level 1.1750. However, MACD which illustrate diminishing bearish momentum signal suggest the pair to be traded higher after it breaks above the resistance level.   Resistance level:...

051020 GBPUSD-Noon

by | Oct 5, 2020 | GBP/USD

GBPUSD, H4: GBPUSD remain traded in a sideway channel. Due to lack of momentum and clear direction from MACD, it is suggested to wait until further signal appear before entering the market.   Resistance level: 1.3005, 1.3260 Support level: 1.27775,...

051020 DOLLAR_INDX-Noon

by | Oct 5, 2020 | Dollar_indx

DOLLAR_INDX, H4: Dollar index was traded lower while currently testing the support level 93.65. However, MACD which illustrate diminishing bullish momentum signal suggest the dollar to be traded lower after it breaks below the support level.   Resistance level:...

051020 Afternoon Session Analysis

by | Oct 5, 2020 | Daily Analysis

05 October 2020                                Afternoon Session Analysis   Aussie rebounds amid risk-on mood. During late Asian session, the Aussie dollar which traded against the greenback and other currency pairs have jumped as Trump’s recovery news combined...