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​Technical Analysis: AUDUSD rests on two-week-old support line amid fresh risk-off

Although upbeat prints of China's June month PMIs initially helped the quote to bounce off an ascending trend line from June 15, the recent market fears due to the Hong Kong security law again attacks

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See How Trading Hours Change in July

Dear MTraders,Please note that due to the upcoming holidays in July 2020, our trading hours will be slightly modified.On Wednesday, July 1, [HSI50] will be closed for trading.On Friday, July 3, Stock

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Technical Analysis: GBPUSD bounces off monthly low inside falling wedge before key Brexit talks

GBPUSD pulls back from the monthly low to regain 61.8% Fibonacci retracement of May 15 to June 10 upside ahead of the key Brexit talks and speech by the BOE Governor Andrew Bailey. Although the pair's

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Technical Analysis: A six-week-old support line gains EURUSD sellers' attention

Despite bouncing off the short-term key support line the previous day, EURUSD stays pressured near the important rest-point around 1.1200. Considering the pair's recently sluggish momentum, coupled wi

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Technical Analysis: Brent sellers eye 100-day EMA, monthly support line confluence around $38.80/75

With the risk-off sentiment in full steam disappointing the energy buyers, Brent crude prices print three-day losing streak during the early Thursday. The black gold's U-turn from 61.8% Fibonacci retr

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