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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 […]

June 23, 2023 – FP Markets celebrates its 17th year anniversary and continues its award-winning streak by by receiving the “Best Trade Execution” award. FP Markets has been awarded “Best Trade Execution” at the Ultimate Fintech Awards 2022 with the prestigious awards ceremony taking place on the final evening of the iFX EXPO International at […]

Charts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Successfully snapping a three-week bullish phase, sellers stepped in last week and pulled the US Dollar Index 0.5 per cent lower. As central bankers around the world attempt to curb escalating inflation—increasing rates in chorus with the US Federal Reserve—the greenback may struggle against […]

Charts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): The US dollar—measured by the US Dollar Index—extended recovery gains last week, adding 0.4 per cent and touching a high of 105.79, values not visited since 2002. Consequently, the decision point from 105.61-104.87 came under attack and had its upper boundary probed as a […]

Charts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Extending the prior week’s retracement, the US dollar, by way of the US Dollar Index (USDX), finished another week in the red, erasing 1.4 per cent. Month to date, the buck is 1.5 per cent lower. Recent technical studies, as you can see, unmasks […]

Charts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Snapping a six-week winning streak, the US dollar unearthed a near-full-bodied weekly bearish candle last week and concluded lower by 1.4 per cent. Resistance-turned support from 102.95 welcomed price action at the tail end of the week, following a healthy rejection of the decision […]

Charts: Trading View (Italics: Previous Analysis) US Dollar Index (Daily Timeframe): Sealing its third consecutive week in positive terrain, the US Dollar Index (USDX) added 0.6 per cent and refreshed year-to-date highs of 101.33. The tail end of the week welcomed healthy buying following a retest of the widely watched 100.00 base, aided by channel […]

The FP Markets Partners Hub is a rich source of information for partners containing marketing material and in-depth informative articles and tips for IBs and Affiliates to learn how to maximise their earning potential. FP Markets has launched its informative Partners Hub for IBs & Affiliate Marketing experts. The new and exclusive FP Markets Partners […]