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 Morning Session Analysis

by | Jun 8, 2023 | Daily Analysis

08 June 2023                       Morning Session Analysis   Greenback trod water at high ahead of inflation data and Fed interest rate decision. The dollar index, which was traded against a basket of six major currencies, lingered near its 11 week highs as the...

070623 DOLLAR_INDX-Noon

by | Jun 7, 2023 | Dollar_indx

DOLLAR_INDX, H4: Dollar index was traded lower following the prior retracement from the higher level. However, MACD which illustrated bullish momentum suggests the index undergoes a technical correction in the short term.   Resistance level: 104.45, 105.20...

070623 GBPUSD-Noon

by | Jun 7, 2023 | GBP/USD

GBPUSD, H4: GBPUSD was traded higher following the prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggests the pair extended its gains toward the resistance level at 1.2445.   Resistance level: 1.2445, 1.2590 Support...

070623 EURUSD-Noon

by | Jun 7, 2023 | EUR/USD

EURUSD, H4: EURUSD was traded higher following the prior rebound from the lower level. MACD which illustrated diminishing bearish momentum suggests the pair extended its gains toward the resistance level.   Resistance level: 1.0790, 1.0930 Support level: 1.0635,...

070623 USDJPY-Noon

by | Jun 7, 2023 | USD/JPY

USDJPY, H4: USDJPY was traded lower following the prior retracement from the resistance level at 139.80. MACD which illustrated increasing bearish momentum suggests the pair extended its losses toward the support level.   Resistance level: 139.80, 141.60 Support...