Blog post
​Technical Analysis: GBPUSD traders await BOE's action with mild losses

GBPUSD extends its pullback from Tuesday while declining to 1.2545 ahead of the bank of England's (BOE) monetary policy meeting on Thursday. Although the BOE is widely anticipated to add to its bond p

Read more
Blog post
Technical Analysis: Brent oil about to form Head-and-Shoulders on 4-hour chart

Considering the Brent oil's U-turn from $41.17 the previous day, the energy benchmark seems to undertake the efforts to print Head-and-Shoulders bearish formation on the four-hour chart. However, the

Read more
Blog post
​Technical Analysis: EURUSD extends recoveries from key horizontal support ahead of Fed Chair Powell's testimony

EURUSD benefits from the market's latest optimism backed by the Federal Reserve's readiness to buy more corporate bonds and offer lending support to the non-profit organizations. However, the pair mov

Read more
Blog post
​Technical Analysis: USDJPY reverses from 107.45/50 resistance confluence amid risk-off sentiment

Global markets turn risk-off at the week's start as fears of the coronavirus (COVID-19) resurgence gained momentum. As a result, the USDJPY pair extends pullback from a confluence of 200-bar SMA and 6

Read more
Blog post
​Technical Analysis: GBPUSD remains weak below 200-day SMA after UK GDP

After witnessing downbeat UK data dump for April, including over 20% fall in GDP, GBPUSD remains on the back foot below the key SMA. As a result, the sellers can keep targeting a 50% Fibonacci retrace

Read more

Our awards

award1 award2 award3 award4