Latest News

Important Notification – May Bank Holidays

Post by on April 29, 2020

We would like to inform you that due to several public holidays all of which take place in May, the trading hours of various instruments will be affected between 1 and 26 May 2020. Please view the tables below to see which instruments will be affected and how: Instrument 01/05 04/05 EU50Cash Closed Normal Hours […]

Important Notification – May Bank Holidays

Post by on April 29, 2020

We would like to inform you that due to several public holidays all of which take place in May, the trading hours of various instruments will be affected between 1 and 26 May 2020. Please view the tables below to see which instruments will be affected and how: Instrument 30/04 01/05 04/05 Swedish Stocks Early […]

Forecast for EUR/USD on April 29, 2020

Post by on April 29, 2020

EUR/USD The euro made an attempt to grow on Tuesday, but the bearish players returned it and so it ended the day with a decrease of 10 points. Thereby, the technical picture of the instrument has not changed on the daily chart. The main intrigue is still contained in the Marlin oscillator triangle, since the […]

Forecast for AUD/USD on April 29, 2020

Post by on April 29, 2020

AUD/USD The Australian dollar reached the nearest price channel line today in the Asian session, and now it is facing a choice – to gain a foothold and go higher, or turn from it into a new wave of decline, perhaps even in the medium term, where there is a chance to decline by seven […]

Forecast for USD/JPY on April 29, 2020

Post by on April 29, 2020

USD/JPY The long consolidation of the yen was realized at the beginning of the (expected strong) downward movement. The signal line of the Marlin oscillator went down from its own wedge. The pair’s quote is currently below the price channel line and below yesterday’s low, when support was only pierced by the candle’s lower shadow. […]

Forecast for USD/JPY on April 29, 2020

Post by on April 29, 2020

USD/JPY The long consolidation of the yen was realized at the beginning of the (expected strong) downward movement. The signal line of the Marlin oscillator went down from its own wedge. The pair’s quote is currently below the price channel line and below yesterday’s low, when support was only pierced by the candle’s lower shadow. […]

Overview of the GBP/USD pair. April 29. The Fed should provide guidance to the markets on the prospects for monetary policy.

Post by on April 29, 2020

4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 97.6997 On April 29, the British pound begins a downward correction against the new upward trend that was formed just yesterday. The pound/dollar pair is fixed above the moving average […]

Overview of the GBP/USD pair. April 29. The Fed should provide guidance to the markets on the prospects for monetary policy.

Post by on April 29, 2020

4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – upward. Moving average (20; smoothed) – upward. CCI: 97.6997 On April 29, the British pound begins a downward correction against the new upward trend that was formed just yesterday. The pound/dollar pair is fixed above the moving average […]

Overview of the EUR/USD pair. April 29. 1 million patients with “coronavirus” in the United States. Trump opens Texas and

Post by on April 29, 2020

4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – downward. Moving average (20; smoothed) – sideways. CCI: 32.0632 The EUR/USD currency pair continues to adjust at the beginning of a new trading week. Moreover, this correction is increasingly taking the form of a flat. At least now […]

EUR/USD. Flat before the storm

Post by on April 28, 2020

The euro-dollar continues to trade within the eighth figure, although the EUR/USD bulls do not give up attempts to gain a foothold above the resistance level of 1.0850. The pair showed a bullish mood in the morning, but price fluctuations were still limited by the stop-point frames of the flat band. Figuratively speaking, EUR/USD traders […]

Evening review for April 28, 2020. EUR/USD

Post by on April 28, 2020

EUR/USD The euro gave an upward signal, breaking through the level of 1.0850 and moved quite briskly forward. However, upon reaching the level of 1.0900 the pair were seriously challenged by the sellers, thus fall off. Locally, the picture is clear. Either the pair turns up and overcomes the same 1.0900 and consolidates above. Or, […]

April 28, 2020 : EUR/USD Intraday technical analysis and trade recommendations.

Post by on April 28, 2020

Few weeks ago, the EURUSD pair has expressed significant bullish recovery around the newly-established bottom around 1.0650. The following bullish engulfing H4 candlesticks as well as the recently-demonstrated ascending bottoms indicated a high probability bullish pullback at least towards 1.0980 and 1.1075 (Fibonacci Level 50%). Key Supply-Levels in confluence with significant Fibonacci levels are located […]

Analysis and forecast for USD/JPY on April 28, 2020

Post by on April 28, 2020

Good day, dear traders! If you look at the economic calendar, we will see that yesterday the Bank of Japan published its decision on the main interest rate, which remained at minus 0.10%. In addition, the Japanese regulator published a report on the prospects of the national economy and inflation. A little later, the Japanese […]

Fed meeting: Taking a breather – Forex News Preview

Post by on April 28, 2020

The Fed concludes its meeting at 18:00 GMT on Wednesday and having thrown everything including the kitchen sink to protect the US economy in the battle against the virus, no action is expected this time. As such, the market reaction may depend mainly on Chairman Powell’s remarks half an hour later. From a risk-management perspective, […]

Technical Analysis – Are WTI futures ready for a minor recovery?

Post by on April 28, 2020

WTI crude oil futures have come under renewed selling pressure, falling back below the 38.2% Fibonacci retracement level of the downward wave from 36.22 to 6.75 at 18.03. The technical indicators, though, are sending some bullish signals, suggesting that the softness in the market may pause. The RSI has reversed higher near oversold levels, slightly […]

Trading recommendations for GBP/USD pair on April 28

Post by on April 28, 2020

From the point of view of complex analysis, we see a slowdown at the peak of the local upward trend, and now let’s talk about the details. The variable flat 1.2300/1.2385 was locally passed in an upward direction. As a result, the quote managed to reach the level of 1.2453. In fact, an undeniable speculative […]

GOLD – double top or continuation pattern?

Post by on April 28, 2020

Today gold plunged and extended yesterday’s drop, but the bias remains bullish. The price moves somehow sideways on the daily chart, it is pressuring the $1,700 and the R1 ($1,702) levels, a rejection will signal that the decrease is finished and that a further increase will come. The coronavirus spread could slow down after reaching […]