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.

040423 CrudeOIL

by | Apr 4, 2023 | Crudeoil

CrudeOIL, Daily: Crude oil price was traded lower while currently testing the support level at 79.65. However, MACD which illustrated bullish bias momentum suggest the commodity to undergo technical correction in short term.   Resistance level: 81.70, 87.75...

040423 USDCHF

by | Apr 4, 2023 | USD/CHF

USDCHF, Daily: USDCHF was traded lower following the prior retracement from the resistance level at 0.9225. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level at 0.9070.   Resistance level: 0.9225, 0.9325...

040423 GOLD

by | Apr 4, 2023 | GOLD

GOLD_, Daily: Gold price was traded higher while currently testing the resistance level at 1985.90. MACD which illustrated diminishing bearish momentum suggests the commodity to extend its gains after it successfully breakout above the resistance level.  ...

040423 Morning Session Analysis

by | Apr 4, 2023 | Daily Analysis

04 April 2023                       Morning Session Analysis   US Dollar sank into ‘red sea’ amid manufacturing activity weakened. The dollar index, which is traded against a basket of six major currencies, was beaten down by huge selling pressures while...

030423 Weekly Analysis

by | Apr 3, 2023 | Weekly Analysis

3 April 2023                            Weekly Analysis GCMAsia Weekly Report: April 3 – 7   Market Review (Forex): April 3 – 7 US Dollar The Dollar Index, traded against a basket of six major currencies, continues its 5 consecutive weeks of losses amid...