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Technical Analysis: EURUSD struggles to keep bounce off 200-bar SMA on NFP day

Tuesday's pullback from a five-week-old resistance trend line by EURUSD reversed from the key SMA on Thursday. The move currently treads water ahead of the key US Nonfarm Payrolls (NFP) data. While th

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Technical Analysis: Brent oil sellers attack $43.80-70 support confluence

The oil traders aren't relieved from the biggest fall in ten weeks as the Brent remains on the back foot near a key support joint including 50% Fibonacci retracement and 50-day SMA. Given the RSI cond

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MTrading Wins The Best IB Program Award by WFA 2020

Dear MTraders,We have some wonderful news! MTrading Partnership was awarded by WFA Organisation as the Best Forex IB Program in 2020. We are happy to see that striving to deliver the best offer to par

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​Technical Analysis: NZDUSD prints gramophone at multi-month high, 0.6800 in focus

Be it the broad market optimism or the RBNZ's comments suggesting no fears from the multi-month high of the NZDUSD pair, the quote manages to cheer everything while refreshing the highest since July 2

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Technical Analysis: USDJPY sellers eye further declines towards 105.20

In addition to the pair's pullback from 200-bar SMA, bearish MACD also suggests the USDJPY's further weakness. In doing so, the sellers may target the 61.8% Fibonacci retracement level of 105.30 as an

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