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.

091121 GBPUSD-Noon

by | Nov 9, 2021 | GBP/USD

GBPUSD, H4: GBPUSD was traded higher following recent breakout above the previous resistance level 1.3545. MACD which illustrate bullish bias signal with the formation of golden cross suggest the pair to extend its gains towards the resistance level 1.3650.  ...

091121 DOLLAR_INDX-Noon

by | Nov 9, 2021 | Dollar_indx

DOLLAR_INDX, H4: Dollar index was traded lower while currently testing near the support level 93.85. MACD which illustrate ongoing bearish momentum signal suggest the dollar to extend its losses after it breaks below the support level.   Resistance level: 94.45,...

091121 Afternoon Session Analysis

by | Nov 9, 2021 | Daily Analysis

9 November 2021                              Afternoon Session Analysis   Risk off sentiment keeps Australian dollar down. The Australian dollar was traded lower against US dollar and other currency pairs amid risk off sentiment. According to Reuters, China...

081121 Weekly Analysis

by | Nov 8, 2021 | Weekly Analysis

8 November 2021                              Weekly Analysis   GCMAsia Weekly Report: November 8 – 12 Market Review (Forex): November 1 – 5 US Dollar The dollar index which traded against a basket of six major currency pairs eased last week amid Fed interest rate...

051121 Afternoon Session Analysis

by | Nov 5, 2021 | Daily Analysis

5 November 2021                              Afternoon Session Analysis   BoE’s dovish stances pushes pound sterling lower. The Pound Sterling was traded lower against US dollar amid dovish stances from Bank of England (BoE). Bank of England (BoE) has made its...