Ready to Start Trading?
Open a Live or Demo account online in just a few minutes and start trading on Forex and other markets.
Any Questions?

Contact us:

phone: +1 849 9370815

email: [email protected]

Any Questions?

Contact us:

phone: +1 849 9370815

email: [email protected]

Market Info

GBPNZD Retracement Setup (May 31, 2017)

GBPNZD has sold off quite sharply recently but this dive could come to a halt as price nears an area of interest. Recall that the pair also broke past the neckline of a double bottom pattern, indicating that further gains are in the cards. Applying the...

Forex Major Currencies Outlook (May 30, 2017)

USD The US dollar was barely moving in recent trading sessions as traders were out enjoying Memorial Day. There were no reports out of the US economy then while today has the core PCE price index, as well as personal spending and income data. The CB...

EURGBP Channel Resistance (May 30, 2017)

EURGBP has been trending lower on the daily time frame and is currently testing the resistance of its descending channel. If this keeps gains in check, price could head back down to support at the .8300 major psychological level. The 100 SMA is below...

Forex Major Currencies Outlook (May 29, 2017)

USD The US dollar gained some support from mostly stronger than expected economic reports.  In particular, its Q1 GDP reading was upgraded from 0.7% to 1.2% versus the 0.9% consensus, signaling that the "slowdown" in the period wasn't all that...

USDCAD Retracement Setup (May 29, 2017)

USDCAD has pulled back from its rally to the 1.3785 area to test the Fibonacci retracement levels visible on its daily chart. This lines up with a former resistance level at the 1.3400 area that might now hold as support. The 100 SMA is still above the...

Forex Major Currencies Outlook (May 26, 2017)

USD The US dollar barely established a clear direction in recent trading sessions as medium-tier reports were mixed. Initial jobless claims landed at 234K from 233K, still lower than the 238K consensus. Preliminary wholesale inventories slid 0.3% instead...

Short-term Reversal on GBPAUD (May 26, 2017)

GBPAUD failed in its last two attempts to break below support around 1.7275, creating a double bottom pattern with the neckline at 1.7415. Price has yet to break past the neckline before confirming this reversal formation but if that happens, the pair...

Forex Major Currencies Outlook (May 25, 2017)

USD The US dollar gave up ground after the May FOMC meeting minutes didn't seem as hawkish as expected. Although majority of members confirmed that a rate hike is appropriate soon, they also cited that it would be prudent to wait for more data to see...

EURAUD Ascending Channel (May 25, 2017)

EURAUD is still moving safely inside its short-term ascending channel and has recently pulled back to support again. Applying the Fib tool on the latest swing low and high shows that the channel bottom lines up with the 50% Fibonacci retracement level...

Forex Major Currencies Outlook (May 24, 2017)

USD The US dollar regained some ground in recent trading as market watchers are shifting their focus back to economic data and June rate hike expectations. FOMC member Kashkari indicated that he's still on the fence, citing that jobs growth has been...