News & Analytics

Having reversed from 61.8% Fibonacci retracement on Wednesday, GBPUSD remains on the back foot as the US dollar recovers losses. The declines, despite being smaller, ignore upbeat UK Retail Sales and

Dear MTraders,Please note that from 25 October to 1 November 2020, the daily trading breaks will shift one hour back, which means that the trading session break will open and close an hour earlier.Thi

USDJPY prints mild gains while bouncing off a four-week low. However, the bulls have miles to go as not only the 50-day SMA level of 105.65 but a falling trend line from July, near 105.90, as well as

Although the upside break of 200-bar SMA keeps the gold buyers happy near a one-week high, the easing of RSI may play its role to trigger the quote's pullback around a falling trend line from August 1

AUDUSD refreshes three-week low while declining to 0.7040 on Tuesday. The pair forms a Head-and-Shoulders bearish chart pattern on the four-hour play (H4) with the quote currently testing the neckline