USD/JPY Consolidates Below 106.500 After Facing Strong Resistance
The USD/JPY currency pair has this week continued to trade in a consolidative pattern formation around 106.200 after attempting a rebound. The currency pair made…
Forex
AUD/USD Remains Pegged Below 0.6800 as Calm Returns to Market
The AUD/USD currency pair continues to trade in consolidative pattern formation below the key level 0.6800 on Friday as calm continues to return to the…
Forex Technical Cross Pairs analysis August 16, 2019
EUR/JPY The bear keeps pressuring 117.80 support level but could not create decisive bearish close below the level. At the current time, the pair holding…
Forex Technical Major Pairs analysis August 16, 2019
USDX (USD Index) No stop to the bullish movement of U.S dollar index yet. The index extends its gain for the fourth day and currently…
Sincere Securities Limited Slapped With HK$5 Million Fine By SFC
The Securities and Futures Commission (SFC) in Hong Kong has slapped Sincere Securities Limited (SSL), a brokerage firm based in the regulator’s jurisdiction, with an…
EURAUD Long-Term Channel Pullback
EURAUD has formed higher lows and higher highs inside an ascending channel on its daily time frame and is currently bouncing off the resistance. A…
US Dollar Index Targets a Retest of Multi-Year Highs After Rebound
The US Dollar Index (DXY) has continued to recover from its latest pullback after extending current weekly gains to top 98.10. The USDX plunged last…
EUR/CHF Extends Multi-Year Lows After Stimulus Package Hint by the ECB
The EUR/CHF currency pair plunged further on Thursday after the European Central Bank (ECB) hinted that the next stimulus package could be bigger than what…