Daily Market Analysis

The Bank of England has announced an important decision which sent GBP/USD up by over 1000 points.

GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.

The South African rand has dropped against the US dollar. What are the reasons?

4H Chart Daily Chart The US Dollar Index failed to sustain its recent gains above its 50 DAY MA, the index declined back yesterday with higher trading volume, while all eyes are on the PPI data today after mixed economic releases over the past few…

We have outlooked several promising Forex pairs and the result can surprise you!

What happened? Yoshihide Suga left the position of Japan’s prime minister…

The decision of the Australian central bank pressed the aussie down. How to trade it now?

Daily Chart 4H Chart Gold managed to post further gains at the end of last week's trading amid fears of Covid19-Delta variant, in addition to the Federal Reserve's remarks about QE tapering…

4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…

What happened? Sir Richard Branson risks losing his grip on Virgin Galactic as he continues to sell down his stake in the space tourism venture to fund his pandemic-hit businesses…

4H Chart  Daily Chart  EURUSD declined back yesterday after trying to test its 1…

EURUSD Daily Chart EURUSD 4H Chart EURUSD declined slightly at the beginning of yesterday’s trading, reaching as low as 1…