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.

010323 USDJPY-Noon

by | Mar 1, 2023 | USD/JPY

USDJPY, H4: USDJPY was traded higher following a break above the previous resistance level at 136.30. However, MACD which illustrated bearish momentum suggest the pair to undergo technical correction in the short term.   Resistance level: 138.15, 139.80 Support...

01032023 EURUSD-Noon

by | Mar 1, 2023 | EUR/USD

EURUSD, H4: EURUSD was traded lower following a prior retracement from the resistance level at 1.0635. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward the support level.   Resistance level: 1.0635, 1.0790 Support...

010323 GBPUSD-Noon

by | Mar 1, 2023 | GBP/USD

GBPUSD, H4: GBPUSD was traded lower following the prior retracement from the resistance level at 1.2145. MACD which illustrated diminishing bullish momentum suggest the pair to extend its losses toward the support level at 1.2010.     Resistance level:...

010323 DOLLAR_INDX-Noon

by | Mar 1, 2023 | Dollar_indx

DOLLAR_INDX, H4: Dollar index was traded lower following the prior rebound from the support level at 104.45. MACD which illustrated diminishing bearish momentum suggests the index to extend its gains toward the resistance level at 105.85.     Resistance...

010323 Afternoon Session Analysis

by | Mar 1, 2023 | Daily Analysis

01 March 2023                   Afternoon Session Analysis   AUD slipped after inflation eased in January. The Australian dollar was facing selling pressure due to mixed economic data that had been released. The AUD/USD pair was lingering below the level of...