DailyForex.com Team
About DailyForex.com Team
The DailyForex.com team is comprised of analysts and researchers from around the world who watch the market throughout the day to provide you with unique perspectives and helpful analysis that can help improve your Forex trading.Snapshot
Latest 10 Articles
- DFSA Grants Pepperstone a License to Operate in Dubai
- 06/15/2020 18:51
The Dubai Financial Services Authority (or DFSA) recently granted Pepperstone a license to operate in Dubai, which would let the broker provide its financial products to United Arab Emirates residents as well as to the residents of other Arab states of the Persian Gulf.
The US dollar went back and forth during trading on Monday as we continue to see a lot of indecision’s when it comes to the USD/JPY pair.
Cautious wait-and-see mode characterizes GBP/USD price performance in recent trading sessions, while maintaining the upward momentum and indifference to important economic releases.
- Market sentiment hangs on US-China trade talks
- 10/08/2019 11:27
High level trade negotiations will certainly be the major theme this week as Chinese officials head to Washington to resume talks with their US counterparts.
- BTC/USD Technical Analysis: Ripe for a Breakdown - 11 September 2019
- 09/11/2019 10:24
Bitcoin, the largest and most influential cryptocurrency, is once again turning lower which has created the fourth lower high since June of this year.
Gold came under selling pressure after reaching a multi-year intra-day high of 1,556.74 which is marked by the red rectangle in the chart.
The NZDUSD just completed a breakout above its support zone which is marked by the grey rectangle in the chart.
As this currency pair is approaching its 61.8 Fibonacci Retracement Fan Support Level, bearish momentum started to decrease.
- Gold Price Forecast: A New Bearish Momentum - 30 May 2019
- 05/30/2019 9:40
A new bearish momentum for gold prices ahead of the release of US economic growth figures, which will have a strong impact on the US dollar and therefore on gold prices that are currently established, around $ 1277 an ounce at the time of writing.
- USD/JPY Analysis: Receiving US GDP On a Rise - 30 May 2019
- 05/30/2019 9:38
Ahead of the release of US economic growth figures later in the day, the USD/JPY is attempting to bounce back up to 109.78 at the time of writing, after bearish pressure pushed the pair to test the 109.14 support level.