AUD/USD started a fresh increase above the 0.7260 resistance zone. NZD/USD also climbed higher and it might continue to rise towards the 0.7150 level. Important Takeaways for AUD/USD and NZD/USD· The Aussie Dollar started a decent increase above the 0.7260 barrier against the
EUR/USD started a fresh decline below the 1.1800 support zone. USD/CHF is declining and it might continue lower below the 0.9220 zone. Important Takeaways for EUR/USD and USD/CHF· The Euro started a fresh decline below the 1.1800 and 1.1750 support levels against
One of the sharpest rallies in 2021 is taking place in the commodities market. Natural gas, seen below as XNGUSD, has doubled in price since late May, and the bullish run may continue into the winter season as it is about to start in the Northern Hemisphere. Before discussing some
The US dollar ended the previous week with a bang, rising to new heights and outpacing its main peers. The new trading week saw a continuation of this march of triumph. Meanwhile, investors are preparing for what may prove to be the Fed meeting of the year. On Wednesday, the
GBP/USD started a fresh decline below the 1.3850 support. USD/CAD rallied and it was able to clear the 1.2750 resistance zone. Important Takeaways for GBP/USD and USD/CAD· The British Pound started a major decline below the 1.3850 and 1.3800 support levels. · There
Gold price started a major decline and traded below the $1,785 support. Crude oil price is rising and it is broke the $72.00 resistance zone. Important Takeaways for Gold and Oil· Gold price started a major decline from the $1,800 resistance zone against the US Dollar. · There
EUR/USD started another decline below 1.1820. EUR/JPY is also declining and it broke the 129.80 support zone. Important Takeaways for EUR/USD and EUR/JPY· The Euro failed to clear the 1.1880 resistance and started a fresh decline. · There is a key bearish trend line
The world is still struggling to prevent the spread of COVID-19 and mitigate the repercussions of economic activity deterioration. Currency pairs and other trading instruments have become highly volatile. Investors are wary of drastic moves and are choosing the masters who are most likely to adequately assess September’s trading
September 2021 will surely go down in history as the month when the German DAX index went through its biggest reform to date. On September 20th, the index will expand, growing from 30 stocks to 40. One of the reasons behind the change was the need to add more companies
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
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