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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.

210220 Afternoon Session Analysis

21 February 2020                              Afternoon Session Analysis   Pound sterling recovers as Retail Sales delivers. Pound sterling managed to recoup its losses on yesterday following the release of bullish data from United Kingdom. As of writing, pair of...

190220 DOLLAR_INDX-Noon

DOLLAR_INDX, Daily: Dollar index was traded higher following prior breakout above the previous resistance level at 99.05. However, MACD which illustrated diminishing bullish momentum suggest the index to be traded lower in short-term as technical correction.  ...

190220 GBPUSD-Noon

GBPUSD, H4: GBPUSD was traded lower following prior breakout below the previous support level at 1.3020. However, MACD which illustrated diminishing bearish momentum suggest the pair to be traded higher in short-term as technical correction.   Resistance level:...

190220 USDJPY-Noon

USDJPY, Daily: USDJPY was traded higher while currently testing the resistance level at 110.15. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level.   Resistance level:...

190220 AUDUSD-Noon

AUDUSD, H1: AUDUSD was traded higher following prior rebound from the support level at 0.6685. MACD which illustrated increasing bullish momentum suggest the pair to extend its gains toward resistance level at 0.6705.   Resistance level: 0.6705, 0.6730 Support...