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Forex
The U.S. dollar gained ground after last week’s decline
The U.S. dollar gained ground after last week's decline
The U.S. dollar gained ground on April 12 after last week's decline as traders assessed the outlook for…
AUD/JPY analysis for April 9, 2021
AUD/JPY analysis for April 9
Looking at the chart on the four-hour time frame following the Fibonacci retracement of the level, we see a pullback to 61.8% of the…
Tips for New Traders choosing Forex Brokers
Tips for New Traders choosing Forex Brokers
Everyone who decides to start trading faces the question: where to start?
You can access the exchange or OTC markets…
AUD/USD analysis for April 9, 2021
AUD/USD analysis for April 9
Looking at the chart on the four-hour time frame, we see that the pair is finding support at 0.76000; we are currently consolidating…
Pound falls to 5-week low against euro
Pound falls to a 5-week low against euro
On Wednesday, the British pound declined. This comes as profit-taking by traders after a strong first quarter for the…
EUR/CHF analysis for April 8, 2021
EUR/CHF analysis for April 8, 2021
Looking at the chart on the four-hour time frame, we see that the EUR/CHF pair is now testing the 1.10150 level and opening up…
EUR/JPY analysis for April 08, 2021
EUR/JPY analysis for April 08, 2021
Looking at the chart on the quadruple time frame, we see that the EUR/JPY pair fails to stay above 130.50 and makes a pullback,…
NZD/JPY analysis for April 7, 20201
NZD/JPY analysis for April 7, 20201
We see a pullback to 61.8% Fibonacci level at 77.80 and a bounce back to lower levels on the four-hour time frame. Moving…
GBP/CHF analysis for April 7, 2021
GBP/CHF analysis for April 7, 2021
Looking at the graph on the four-hour time frame, we see that the GBP/CHF pair is in a pullback to the current zone around the…
Dollar retreats with yields, China’s March reserves fall
Dollar retreats with yields, China's March reserves fall
The market mood is cautious as China is curbing credit. Also, mixed reports about U.S. stimulus give…
NZD/USD analysis for April 6, 2021
NZD/USD analysis for April 6, 2021
looking at the chart on the four-hour time frame, we see that the NZD/USD pair has found support at 0.69450 and will now be in a…
AUD/CAD analysis for April 6, 2021
AUD/CAD analysis for April 6, 2021
Looking at the chart on the four-hour time frame, we see that the AUD/CAD pair is in a downward trend. After reaching a maximum…
The dollar stabilized, while Treasury yields declined
The dollar stabilized, while Treasury yields declined
The U.S. dollar stabilized close to a two-week low against a basket of its peers. Furthermore, Treasury yields…
EUR/USD still vulnerable for the further decline
EUR/USD still vulnerable for the further decline
The EUR/USD pair traded better during the early part of Monday's trading. However, the EUR remained defensive amid…
EUR/NZD analysis for April 5, 2021
EUR/NZD analysis for April 5, 2021
Looking at the chart on the four-hour time frame, we see that the EUR/NZD pair has come to a very important level. Firstly we…
GBP/CAD analysis for April 5, 2021
GBP/CAD analysis for April 5, 2021
Looking at the four-hour time frame graph, we see that the GBP/CAD pair found support around 1.73400 on Fibonacci retracement…
USD/JPY pair dropping before US Non-Farm Payrolls
USD/JPY pair dropping before US Non-Farm Payrolls
The dollar is under slight pressure in limited market conditions, with most markets closed due to Good Friday. The…
AUD/USD analysis for April 2, 2021
AUD/USD analysis for April 2, 2021
Following the chart in the four-hour time frame, we see that the AUD/USD pair currently finds support in the moving averages…
AUD/NZD analysis for April 2, 2021
AUD / NZD analysis for April 2, 2021
Looking at the chart on the four-hour time frame, we see that the AUD/NZD pair failed to hold around 1.10000 and then make a…
EUR/AUD analysis for April 1, 2021
EUR/AUD analysis for April 1, 2021
Looking at the chart on the four-hour time frame, we see that the EUR/AUD pair found support around 1.54000 during yesterday's…