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0.01

Starting Spreads

1:500

Leverage

10%

Deposit Bonus
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Latest Forex News

  • ForexLive Americas FX news wrap: US PMIs blow away expectations
    on January 22, 2021 at 10:04 pm

    Forex news for New York trade on Markets: - Gold down $15 to $1854 - US 10-year yields down 2 bps to 1.85% - S&P 500 down 12 points to 3841 - WTI crude down $1 to $52.14 The extremely strong manufacturing and services PMIs from Markit were a reminder that the US economy continues to recover even amongst the

  • US equity close: Mixed picture in US equities
    on January 22, 2021 at 9:12 pm

    Closing changes for the main markets: That's a strange dynamic. It was neither tech nor large caps leading but small caps managed to clock a big gain. On the week:

Economic Calendar

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Market Analysis

January 22, 2021

22-Jan-2021

1) Fed Chair Jerome Powell Expected To Repeat Tapering Push Back At Next Week’s Meeting
2) XAU/USD: Gold Bears To Retain Control Below 21-DMA, Focus On Biden’s Speech
3) EUR/USD: Eyes Eurozone PMIs For Some Impetus After An Uneventful ECB Meeting
4) GBP/USD: Bullish Potential Intact, UK Retail Sales/PMIs Awaited
January 21, 2021

21-Jan-2021

1) Dollar on Back Foot As Biden Optimism Bolsters Riskier Currencies
2) EUR/USD: Investors Await ECB for Fresh Directional Impetus
3) GBP/USD: Bullish Technical Set-Up Favours a Move Towards 1.3800 Mark
4) XAU/USD: Gold to Face a Bumpy Road to the Upside Amid Stimulus Hopes

Media Appearances

If you are unable to play the video, click below to watch directly on YouTube.

Education News

  • The Gamestop rip crystalizes a new era in the stock market. Six lessons
    on January 22, 2021 at 10:09 pm

    Rumors fly as WallStreetBets sparks a run on shorts The balance of power in stock markets has shifted. This week's drama in the shares of GameStop (GME) is one of the best signs yet that the power of retail traders can't be doubted.

  • GBPUSD and failing to make a higher high rule
    on January 22, 2021 at 7:56 am

    Victor Sperandeo's rule . Here it is:  The GBPUSD fulfils one of the golden rules used by the legendary trader right now Nice little rule and 1.3740 circa is the 'I'm wrong' level. Previous high broken as price retreats lower. 

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