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.

110723 Afternoon Session Analysis

11 July 2023                        Afternoon Session Analysis   Pound Sterling extended gains after Bailey delivered hawkish guidance. The Pound Sterling which traded against the dollar index extended its gains after Bank of England (BoE) Bailey delivered...

110723 USDCHF

USDCHF, Daily: USDCHF was traded lower following the prior retracement from the resistance level at 0.8980. MACD which illustrated bearish bias momentum suggest the pair to extend its losses toward the support level at 0.8830.   Resistance level: 0.8980, 0.9140...

110723 USDCAD

USDCAD, Daily: USDCAD was traded lower following the prior breakout below the previous support level at 1.3330. MACD which illustrated diminishing bullish momentum suggests the pair to extend its losses toward the support level at 1.3245.   Resistance level:...

110723 AUDUSD

AUDUSD, Daily: AUDUSD was traded higher following the prior breakout above the previous resistance level at 0.6675. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains toward the resistance level at 0.6785.   Resistance level:...

110723 USDJPY

USDJPY, Daily: USDJPY was traded lower while currently testing the support level at 141.60. MACD which illustrated bearish bias momentum suggest the pair to extend its losses after it successfully breakout below the support level.   Resistance level: 143.90,...