NZDUSD
Discover the upward trajectory of NZD/USD as it tests critical resistance levels, with the 100-period MA underpinning strong support and the possibility of a significant bullish breakout.
USDCHF
USD/CHF faces strong downtrend pressure, confirmed by descending channels and resistance levels on multiple timeframes, suggesting a continuation of the bear trend.
EURAUD
EUR/AUD is trending downwards across all observed timeframes, with technical indicators suggesting further declines. The 100-period MAs and trendline resistance guide the bearish bias, offering opportunities for short positions.
Dogecoin
Dogecoin's chart exhibits a bullish trend with a pennant formation, suggesting an upcoming continuation of the rally. Here's what traders should look out for.
XRPUSD
XRPUSD's daily chart reveals a bullish outlook as the price challenges a major resistance, suggesting a possible continuation of the uptrend with a target near 0.7000.
CFD
The market is at a pivotal point, with a breakout or breakdown imminent. Traders should watch the MA and volume for market direction signals.
AUDUSD
This week's AUD/USD outlook is shaped by technical and fundamental factors. The technical analysis suggests a potential bullish sweep at the 0.6805 level, while the fundamental analysis forecasts a gradual increase in the AUD/USD pair until August 2023, followed by a slight decrease.
USDCHF
Forecasts for the USD/CHF pair for the week of May 21-27, 2023, suggest a bearish trend with daily target values ranging from 0.8971 to 0.9058. The coming months indicate a mix of bearish and bullish trends.
Forex Trading
Unlock the power of top-down multi time frame analysis in forex trading. A comprehensive guide to understand and implement this effective strategy for improved decision-making and profitability.
Financial derivatives
There is no “most successful” trading strategy that is used by banks, as different strategies may be successful in different market conditions and for different types of assets. That being said, some common strategies that banks may use include: 1. Fundamental analysis: This involves analyzing a company’s financial statements