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Technical Analysis: EURUSD struggles to extend the dip below 28-month-old support line

Having slumped to the lowest in three years, EURUSD seems to pare losses while bouncing off the multi-month-old support line. The pullback can recall 1.0970 immediate resistance ahead of challenging t

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​Technical Analysis: AUDUSD flashes fresh 17-year low after RBA's rate cut, QE

Following the RBA's 25 basis point rate cut and bond purchase target, mostly known as the quantitative easing (QE), AUD/USD dropped to the fresh low since late-2002. The reason could also be traced fr

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Technical Analysis: USDCAD takes rounds to three-year high ahead of Canadian CPI

Following its sustained break beyond 23.6% Fibonacci retracement of a sharp rise during 2015, the USDCAD seesaws near three-year high ahead of the key Canadian inflation data. While overbought RSI rai

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Cashback - Upgrade your M.Premium account and receive $1 for every traded lot

Dear traders,If the number of your lots traded per year exceeds 100, then this upgrade offer is definitely for you. Did you know that an average trader at MTrading trades 414 lots per year? We would

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Technical Analysis: Oversold RSI, October 2019 lows check GBPUSD bears

With the expectations of another heavy stimulus announcement from the UK Chancellor Rishi Sunak, GBP/USD traders await fresh details to justify the oversold RSI. Should the pair fails to slip below 1.

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