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News And Market Analysis


  • Market Wrap: Majors Mixed Ahead of ECB and Fed Meetings

    August 20, 2018

    The greenback is mixed against major counterparts so far, outperforming the Euro and risk currencies but underperforming against the Japanese yen, British pound and Swiss franc in the last 24 trading hours. Among majors, sterling is the performer of the day while the Australian and New Zealand dollar are losing ground across the board. EUR/USD

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  • NZD/JPY: Kiwi Buyers Face Resistance on Broken Wedge Pattern

    August 20, 2018

    After rebounding from a two-year low during the previous week, selling pressure on the New Zealand dollar seems to build up again in the New Zealand dollar vs Japanese yen (NZD/JPY) pair. From a technical standpoint, the pair faced resistance on the previously broken wedge chart pattern at around 73.41. As of 13:44 London time,

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  • GBP/USD: Sterling Advances Towards Key Moving Average

    August 20, 2018

    The British pound has caught a notable bid against the U.S. Dollar as we move into Monday’s U.S. trading session, with the GBP/USD pair advancing towards its 200-period moving average across the hour time frame. At present there is no apparent catalyst for move higher in the British pound, aside from thin-trading conditions and minor

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  • USD/CAD: Canadian Dollar Boosted By Rising Hopes Of A BoC Rate Hike

    August 20, 2018

    USD/CAD under pressure after the Canadian consumer price index beat market expectations Loonie traders betting on another rate hike from the Canadian central bank The Canadian Dollar received a notable bid after Canadian CPI data outperformed market expectation on Friday, rising 0.5% month-on-month and 3.0% during the same period last year. Bets are now high

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  • German Bundesbank Warns Over Third Quarter Growth Slowdown

    August 20, 2018

    Bundesbank says third-quarter growth in the German economy is likely to slow German central bank warns trade disputes could hit the global economy The German central bank delivered a warning inside its monthly report, warning that the German economy faces a slowdown during the third fiscal quarter this year. The German Bundesbank noted that weak

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  • DXY: Bearish Head And Shoulders Pattern Spotted

    August 20, 2018

    The U.S. Dollar Index is currently moving away from worst trading levels of the week so far, after finding strong support from just above the 96.00 mark. The greenback started to decline on Friday after the Michigan consumer confidence survey came in much softer than expected. Looking across the lower time frames on the U.S

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  • NZD/USD: Price Remains in a Healthy Downtrend, January 2016 low Exposed

    August 20, 2018

    Mid last week, the NZD/USD pair printed its lowest level at 0.6545 which we haven’t seen since February of 2016. Subsequently, the pair gained traction and extended its gains to a fresh week high at 0.6635 and seems to be a product of a broad-based US Dollar weakness.  Overall, the trend remains a healthy bearish

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  • XRP/USD: Ripple’s XRP Prices Remains in Bearish Trend, December 7 Low In Sight

    August 20, 2018

    The third largest digital asset declined last week to test the major support level at $0.25 due to the overall bearish sentiment in the crypto market since the beginning of August. However, over the past couple of days, there were positive moves in the XRP/USD price above the $0.3270 level against the US Dollar. Technically,

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  • MUL: Mulberry’s Share Price Tank Over Profit Warning

    August 20, 2018

    Mulberry’s share price tanks by 30% on the London Stock Exchange this morning Profit warning over the House of Fraser send stock towards 400 pence. The stock price of Mulberry tumbled thirty per cent at one point this morning, after the luxury handbag maker issued a dire profit warning to investors, following the collapse of

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Live Trades

Pair Action   Status Entry S L T P Opening Time  
AUDUSD Sell Active - - - 2018/08/20 12:59:10 TRADE NOW!
GbpNzd Buy Active - - - 2018/08/16 04:16:20 TRADE NOW!
GBPUSD Sell Active - - - 2018/08/15 01:53:01 TRADE NOW!

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Pair P&L/pip Closed Time
EURUSD 166 2018/08/13 06:14:25 TRADE NOW!
Gold -11 2018/08/13 07:13:40 TRADE NOW!

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