News & Analytics

Despite the Bank of Japan's (BOJ) easing efforts and watered-down economic forecasts for the first quarter (Q1) of 2020, USDJPY drops below the one-week-old support line. The reason could be traced fr

Dear Traders,As you already know, the Oil market is having a hard time. To protect your trading from possible negative outcomes of extreme market turbulence, MTrading has to make a few temporary adjus

While extending its U-turn from 100-bar SMA, EURUSD drops near the weekly low close to 1.0760/55. The pair sellers currently aim for 1.0700 ahead of the March month low near 1.0635. However, 1.0650 ca

USD/JPY nears the break of the symmetrical triangle on a key day comprising US Jobless Claims, PMIs and House voting on a $484 billion aid package. Considering the normal conditions of RSI as well as

Gold prices fail to extend the bounce off 21-day EMA as a horizontal area since March 09, around $1,702/07 restricts the bullion's immediate upside amid broad US dollar strength. As a result, another