Two days ago I've written that EurUsd could be ready to reverse to the upside, but for confirmation, we need a break of 1.0750 zone resistance. The pair took a dive under 1.07 at first, but this proved to be a false break and now is trading again in this important level o resistance. The recent rall

The latest figure broke the previous record set last August.Additionally, the number of active clients on the platform hit a record. Exness set another record in terms of trading volume on a retail brokerage platform in January. The broker ended the month with a total trading volume of $2.82 trillio

One of our investment programs have shorted a few USD-related exchange-traded derivatives, including A-book CFDs (with Global Prime). In the very short-term, with very risk-adjusted positions, we are entering long in equities, shorting the USD, and executing other correlated positions with a p

The similarity between harmonic and basic chart patterns is that, for each of them, the shape and structure are key factors to recognizing and validating a specific pattern. The next price movement can thus be projected with the goal of turning these patterns into profits. However, a key difference

The New Zealand dollar seems to be unphased by the FOMC meeting this afternoon unlike the rest of the markets. Yes it moved up sharply but eventually settled back in its prior position with a little momentum to push back to top resistance points. Several items to note here that are brought to light:

The price is moving within a big corrective pattern and on the other hand we can also see another triangle pattern that is correcting. Once the price will move above the pattern it should continue moving higher again. This is showing that the direction of the trend should change very soon and we can

Swiss cryptocurrency Cardano (ADA) witnessed a price surge of nearly 100 percent in seven days in early February 2021, amid high interest from investors. One reason for this interest is the digital coin's close relation to Ethereum (ETH), as mathematician Charles Hoskinson co-founded both virtual cu

Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is at its STRONGE TRENDLINE RESISTANCE. I am expecting a reversal. Let us know your views on this in the comment

U.S. stocks moved slightly higher Wednesday after a key inflation report showed a historic gain but largely matched expectations. The S&P 500 added roughly 0.28% to 4,726.35, and the Nasdaq Composite rose 0.23% to 15,188.39 for its third straight positive day. The Dow Jones Industrial Average, w

Neogen CEO John Adent on Wednesday touted the company’s deal to merge with 3M’s food-safety unit, telling CNBC’s Jim Cramer it improves revenue growth opportunities and fuels innovation on emerging technologies such as the blockchain. Neogen — which makes animal health-care products and food safety

The dollar has come off the boil after rallying during the New York afternoon when President Trump abruptly called off talks with the Democrats on further fiscal aid until after the election. This catalysed a bout of risk-off positioning, which featured dollar and yen buying in currency markets. Tru

After peaking on day 17 the dollar printed its lowest point on Wednesday, day 24.  That places it in its timing band for a daily cycle low.  The dollar's decline retraced almost to the 50 % fib level before printing a bullish reversal off of support from the 50 day MA.  Now a swing low and a close a

Daily Pivots: (S1) 104.96; (P) 105.32; (R1) 105.69; USD/JPY is staying in range below 105.80 and intraday bias remains neutral first. On the upside, break of 105.80 will resume the rebound from 104.00 to 106.94 resistance next. on the downside, break of 104.92 will suggest completion of rebound from