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​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

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​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

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​Technical Analysis: Multiple supports, oversold RSI question USDCHF sellers near 3-month low

USDCHF bounces off the mid-March bottom while trading around 0.9450 amid the early Thursday. The pair seems to take clues from oversold RSI conditions while staying near the short-term key horizontal

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Crude Oil CFD Announcement

Dear MTraders,A few changes are coming regarding Crude Oil CFD trading conditions.Briefly: WTI will be no longer available since June 13, so now positions are in Close Only mode until the end of the t

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Technical Analysis: Gold prices aim for the monthly resistance line on Fed day

Gold prices seem to pick-up the bids around $1717/18 as broad US dollar weakness ahead of the US Federal Reserve monetary policy meeting favor the yellow metal. However, a downward sloping trend line

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