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.

080623 USDCAD-Noon

by | Jun 8, 2023 | USD/CAD

USDCAD, H4: USDCAD was traded lower following the prior retracement from the higher level. MACD which illustrated bearish momentum suggests the pair extended its losses toward the support level at 1.3330.   Resistance level: 1.3420, 1.3515 Support level: 1.3330,...

080623 USDCHF-Noon

by | Jun 8, 2023 | USD/CHF

USDCHF, H4: USDCHF was traded lower while currently testing the support level at 0.9090. However, MACD which illustrated bullish momentum suggests the pair to undergo technical correction in short term.   Resistance level: 0.9180,0.9285 Support level: 0.9090,...

080623 CrudeOIL-Noon

by | Jun 8, 2023 | Crudeoil

CrudeOIL, H4: Crude oil price was traded lower following the prior retracement from the resistance level at 73.20. MACD which illustrated diminishing bullish momentum suggests the commodity extended its losses toward the support level.   Resistance level: 76.05,...

080623 GOLD_-Noon

by | Jun 8, 2023 | GOLD

GOLD_, H4: Gold price was traded lower following the prior from the lower level. MACD which illustrated diminishing bearish momentum suggests the commodity extended its gains toward the resistance level at 1954.90.   Resistance level: 1954.90, 1985.50 Support...

080623 Afternoon Session Analysis

by | Jun 8, 2023 | Daily Analysis

08 June 2023                       Afternoon Session Analysis   Canadian dollar soars as BoC hike interests to 22 years hike. The pair of dollar index against the Canadian dollar plunged amid the Bank of Canada’s (BoC) increase in the interest rate by 25...