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Weekly Technical Market Insight: Week Ending 14th October 2022

Weekly Technical Market Insight Week Ending 14th October 2022

Charts: Trading View (Italics: Previous Analysis) US Dollar Index: Remarkably, aside from May, the US dollar has pencilled in successive monthly gains in every month this year, adding 17.5%, year to date. The month of September rallied 3.2%, the largest one-month rise behind April’s eye-popping 5.0% advance. The first full week of October also wrapped […]

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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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Top Forex Brokers Review
Top Forex Brokers Review