Finance Magnates can now confirm that GAIN Capital, a US-based provider of online trading services, is in the process of securing a licence from the Cyprus Securities and Exchange Commission (CySEC).
In particular, GAIN Capital confirmed to Finance Magnates that the firm is in the proces
The USD/CHF on the 8h timeframe has just shown the Three Black Crows pattern , moreover price lies below the EMAs and the gap is pretty wide , hence to predisposition for the trend reversal so the price is going to decline.
Sometimes the chart tells us everything we need to know. The Nasdaq 100 continues to hit record highs. For now long? We have no idea. By looking at this chart I think you will understand exactly how I see the Nasdaq 100 for now.
Have a great long weekend and happy 4th of July for those of you in the
Yet again it was a case of strong rallies on stock markets despite dire warnings on the COVID-19 outbreak as it continues to cause havoc across the world. On Monday the World Health Organisation stated that the virus was growing faster than ever. The warning comes as the US fights to regain control
USD/ZAR stays on the back foot for the fourth day in a row.
The pullback from 50-day EMA, a two-month-old resistance line favors the bears.
Bulls can quickly refresh the monthly top on the upside break of 17.45/50.
USD/ZAR prints 0.28% loss while declining to 17.20 during Wednesday’s Asian session.
USD/INR extends the previous day’s losses further towards the six-week-old support line.
The monthly resistance trend line can check buyers past-21-day SMA.
USD/INR drops to 55.36, down 0.57% on a day, during the pre-Europe session on Friday. The pair took a U-turn from 21-day SMA the previous day
The euro lost the 1.0818 handle as it extended declines from the previous session.
However, prices are now trading near the trend line form the daily chart.
Overall, the EURUSD is consolidating into an ascending triangle pattern.
However, this will depend if the common currency can stall further dec
Stocks were higher at the open. But from the start of the U.S. session, stocks had a difficult time holding onto early gains.
Before markets opened the ADP Non-Farm Employment report showed that 20.2 million jobs were lost last month in the private sector. But on the bright side, the forecast was 20