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.

080419 Weekly Analysis

8 April 2019                Weekly Analysis     GCMAsia Weekly Report: April 8 – 12   Market Review (Forex): April 1 – April 5 US Dollar Dollar index extended its gains throughout last week while closing Friday’s market higher at 96.95. The appeal...

080419 DOLLAR_INDX

DOLLAR_INDX, H4: Dollar index was traded lower following prior retracement from the resistance of 97.00. MACD which illustrate diminishing upward momentum suggests the index to be traded lower in short-term as technical correction.   Resistance level: 97.00,...

080419 GBPUSD

GBPUSD, H4: GBPUSD was traded higher following prior rebound from the lower level of the channel. MACD which illustrate diminished downward momentum suggests the pair to be traded in short-term as technical correction.   Resistance level: 1.3100, 1.3155 Support...

080419 EURUSD

EURUSD, H4: EURUSD was traded lower following prior retrace from the resistance of 1.1245. MACD which begins to form a death cross signal suggests the pair to be traded in a downtrend for mid-term, towards the level of 1.1185.   Resistance level: 1.1245, 1.1300...

080419 USDJPY

USDJPY, H4: USDJPY was traded lower following prior retracement from the resistance at 111.75. MACD which begins to form a bearish signal suggests the pair to be traded lower in short-term as technical correction.   Resistance level: 111.75, 112.20 Support level:...