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Weekly Technical Market Insight: Week Ending 26th August 2022

Weekly Technical Market Insight Week Ending 26th August 2022

Charts: Trading View (Italics: Previous Analysis) US Dollar Index: The US dollar—measured by way of the US Dollar Index—staged an impressive rally last week, adding more than 2.0 per cent and recording its largest one-week advance since March 2020. Following a test of an ‘acceleration’ trendline support on the daily chart a week prior (drawn […]

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Weekly Technical Market Insight: Week Ending 12th August 2022

Weekly Technical Market Insight Week Ending 12th August 2022

Charts: Trading View (Italics: Previous Analysis) US Dollar Index: Snapping a two-week correction, the US dollar—according to the US Dollar Index—staged a spirited recovery last week and added 0.7 per cent. Upside interest initially developed following a retest of the 50-day simple moving average at 105.28 (moving averages can [and often do] deliver dynamic support […]

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FP Markets adds ETFs CFDs to its MT5 platform

FP Markets adds ETFs CFDs to its MT5 platform

July 13, 2022: FP Markets introduces a new asset class based on CFDs with underlying assets in a variety of ETFs. FP Markets has added ETFs CFDs to its wide range of over 10,000+ products available to trade on the global markets.  ETFs are a type of pooled investment security traded on a stock exchange […]

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Weekly Technical Market Insight: Week Ending 22nd July 2022

Weekly Technical Market Insight Week Ending 22nd July 2022

Charts: Trading View (Italics: Previous Analysis) US Dollar Index: Against a basket of six international currencies, the heavyweight US dollar continued to outperform for a third consecutive week, adding 1.0 per cent and refreshing two-decade tops to 109.29. In what seems an unrelenting bid, momentum, however, appears to be subsiding. Displayed through the relative strength […]

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Weekly Technical Market Insight: Week Ending 15th July 2022

Weekly Technical Market Insight Week Ending 15th July 2022

Charts: Trading View (Italics: Previous Analysis) US Dollar Index: It has been a good week for the US dollar, muscularly refreshing two-decade tops to 107.79 and adding 1.7 per cent. Despite another healthy performance, daily flow wrapped up the week in the shape of a ‘shooting star’ candlestick formation (bearish signal), inches from the lower […]

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Weekly Technical Market Insight: Week Ending 8th July 2022

weekly-technical-market-insight-week-ending-8th-july-2022

Charts: Trading View (Italics: Previous Analysis) US Dollar Index: Against a basket of six international currencies, the US dollar settled the week in positive territory and added 1.0 per cent. In keeping with the daily scale, more topside is likely to come with the possibility of refreshing near-two-decade peaks and reaching for Quasimodo resistance at […]

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Top Forex Brokers Review
Top Forex Brokers Review