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.

060323 USDJPY-Noon

by | Mar 6, 2023 | USD/JPY

USDJPY, Daily: USDJPY was traded lower while currently testing the support level. MACD which illustrated decreasing bullish momentum suggest the pair to extend its losses of successfully breakout the support level.   Resistance level: 139.05, 142.25 Support...

060323 NZDUSD-Noon

by | Mar 6, 2023 | NZD/USD

NZDUSD, H4: NZDUSD was traded lower following prior retracement from the resistance level. However, MACD which illustrated decreasing bearish momentum suggest the pair to be traded higher as technical correction.   Resistance level: 0.6260, 0.6360 Support level:...

060323 USDCHF-Noon

by | Mar 6, 2023 | USD/CHF

USDCHF, Daily: USDCHF was traded lower following prior breakout below the previous support level. MACD which illustrated decreasing bullish momentum suggest the pair to extend its gains.   Resistance level: 0.9400, 0.9590 Support level: 0.9235,...

060323 CrudeOIL-Noon

by | Mar 6, 2023 | Crudeoil

CrudeOIL, H4: Crude oil price was traded lower following prior breakout below the previous support level. MACD which illustrated decreasing bullish momentum suggest the commodity to extend its losses.   Resistance level: 79.50, 81.50 Support level: 77.25, 75.60...

060323 Afternoon Session Analysis

by | Mar 6, 2023 | Daily Analysis

06 March 2023                   Afternoon Session Analysis   Pound jumped amid upbeat economic data. The Pound Sterling, which is majorly traded by global investors, took over the crown from other currencies last Friday following the release of a series of upbeat...