Why Trade with Eightcap Open an account Range of assets Over 1000+ assets to trade from Industry leading crypto offering with over 300+ crypto derivatives to trade Traditional Forex assets as well as commodities, index Read more…
Natural gas futures (April delivery) went into freefall in recent months, erasing all the gains since the Ukraine war started and losing further ground beyond that. Sellers are currently knocking on the door of the Read more…
As expected, the Federal Reserve hiked the key US interest rate by 25 basis points for the second straight time during its two-day meeting ending March 22. The unanimous decision of the FOMC came amid Read more…
US initial jobless claims dropped -1k to 191k in the week ending March 18, better than expectation of 195k. Four-week moving average of initial claims dropped -250 to 196.25k. Continuing claims rose 14k to 1694k Read more…
The Swiss National Bank continued to tighten its monetary policy by raising its key interest rate by 50 points to 1.5% today. This decision is broadly in line with the market expectations of economists prior Read more…
GBP/USD rises ahead of BoE rate decision BoE to hike rates by 25 bps Weigh up high inflation & banking stress GBP/USD trades above 1.23 at a 6-week high GBP/USD has risen above 1.23 to Read more…
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of GBPJPY forex pair published in members area of the website. As our members know, GBPJPY Is Read more…
AUDUSD rebounded off the 0.6560 support level and is heading towards the 200-day simple moving average (SMA), which stands near 0.6755. The bulls may be optimistic for more upside movements as the MACD is heading Read more…
Daily Pivots: (S1) 0.9132; (P) 0.9189; (R1) 0.9230; More… Intraday bias in USD/CHF is back on the downside as recovery from 0.9070 should have completed at 0.9439 already. Deeper fall would be seen to retest Read more…
DXY: Looking at the DXY chart, the overall momentum of the chart is bearish, indicating a potential bearish continuation in the short term. Price is currently at a level where it could potentially drop to Read more…