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XtremeMarkets

QUICK MARKET WRAP

QUICK MARKET WRAP The Australian dollar fell after the announcement of the meeting minutes, dropping by about 15 points to a low of around 0.7695. The New Zealand dollar/U.S. dollar fell a few points. Since then, the two have become a little bit apart. US dollar/Canadian dollar and US dollar/Japanese yen. The scope of all […]

TECHNICAL MARKET ANALYSIS

TECHNICAL MARKET ANALYSIS 11th JUNE EUR/USD EUR/USD  pair is modestly up, currently trading in the 1.2190 price zone. The pair recently bounced off the support zone of 1.21500. Day 1 of the G7 meetings will be held today. And day 2 and day 3 will be held on the weekend. The next support zone is […]

Technical Market Update 8th June

Technical Market Update 8th June   EUR/USD The pair is sloping nearby to the support line around 1.2165, The upward closing off the trend line from May which was close to 1.2115 also challenges the EUR/USD sellers before directing them to the support near 1.2095. The bearish trend below 1.2095 will make the pair vulnerable […]

Ultimate Keyholes to Understand the Candlestick Pattern in Forex

Ultimate Keyholes to Understand the Candlestick Pattern in Forex       The Candlestick pattern used in forex trading is one of the most important trading tools to understand the chart pattern of different Trading Products. It will allow the traders to predict the possible market trends to the decisions to the interference. In the forex […]