83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

010823 GBPUSD

by | Aug 1, 2023 | GBP/USD

GBPUSD, Daily: GBPUSD was traded higher while currently testing the resistance level at 1.2875. MACD which illustrated diminishing bearish momentum suggest the pair to extend its gains after it successfully breakout above the resistance level.     Resistance...

010823 DOLLAR_INDX

by | Aug 1, 2023 | Dollar_indx

DOLLAR_INDX, Daily: Dollar index was traded higher while currently testing the resistance level at 101.65. MACD which illustrated bullish bias momentum suggests the index to extend its gains after it successfully breakout above the resistance level.   Resistance...

010823 USDJPY

by | Aug 1, 2023 | USD/JPY

USDJPY, Daily: USDJPY was traded higher while currently testing the resistance level at 141.60. MACD which illustrated bullish bias momentum suggest the pair to extend its gains after it successfully breakout above the resistance level at 141.60.   Resistance...

010823 Morning Session Analysis

by | Aug 1, 2023 | Daily Analysis

1 August 2023                     Morning Session Analysis   US dollar flat as traders await for more economic data. The dollar index, which was traded against a basket of six major currencies, hovered near the recent high as the market participants were waiting...

310723 Weekly Analysis

by | Jul 31, 2023 | Weekly Analysis

31 July 2023                            Weekly Analysis   GCMAsia Weekly Report: July 31 – August 4 Market Review (Forex): July 24 – 29 US Dollar The U.S. dollar index, which was traded against a basket of six major currencies, rebounded after hitting its...