US 100 Index Bounces Off 200-Week SMA, But for How Long?

The US 100 cash index finds a strong support level at the 200-week simple moving average (SMA) at 11,168, but any declines below that...

EUR/USD Due for a Corrective Bounce?

With all the attention on the pound today, there were some sharp moves in the euro that you may have missed. The single...

Intraday Market Analysis – GBP breaks support

USDCAD breaks major resistance The Canadian dollar slipped after July retail data missed expectations. The current rally continues to accelerate after the US dollar...

US Men Pled Guilty to $30 Million Forex Scam

Two US men pleaded guilty on Friday to their role in pulling off a massive foreign exchange (forex) trading scam and the theft of...

AUDUSD continues its run to the downside

While stocks continue to fall, with the Nasdaq down -220 points or close to 2% and the S&P down -76 points or -2.04%, the...

Gold Falls Below $1650 as US Dollar Soars

On the back of fresh data via the PMI flashes from the EU and UK, which showed that both economies are in contraction territory,...

Intraday Market Analysis – Gold stays under pressure

XAUUSD is struggling to bounce back Bullion whipsawed after the Fed's rate hike appeared in line with expectations. The failure of the price to...

MT4 and MT5 Trading Apps Have Been Removed from Apple App Store

Popular forex and contract for difference (CFD) trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), are no longer available for download on the...

NZDUSD trades to a new low going back to March 2020

NZDUSD falls to lowest level since March 2020The NZDUSD ...

GBP/USD Freefall: Where Will It Stop?

Cable marketers will remember today for a LONG time. The UK government's announcement of a "mini" budget cutting taxes and capping energy bills spooked international...
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