Register Member Login Contact Us

Market Analysis

December 22, 2020


1) Dollar Erases Initial Gain On Safe-Haven Buying And Falls On Rebound In US Stocks
2) Larming Developments In GLD ETF Reaffirm Need To Own Physical Gold
3) EUR/USD: Emergence Of Dip-Buying Supports Prospects For Additional Gains
4) GBP/USD: Brexit Uncertainties, Coronavirus Jitters Might Continue To Cap Gains
December 21, 2020


1) Dollar Climbs, Sterling Sinks As Coronavirus Lockdowns Stoke Haven Demand
2) GBP/USD: Sinks Amid Fresh Lockdowns And New Coronavirus Strains In UK
3) EUR/USD: Bullish Potential Intact, Downside Seems Limited
December 18, 2020


1) GBP/USD Trades On Lower Ground Amid The Brexit Impasse
2) EUR/USD: Corrective Fall Could Be A Buying Opportunity Amid US Stimulus Hopes
3) Dollar Falls To Fresh Multi-Year Lows On Continued Risk Appetite
December 17, 2020


1) Dollar Remains On The Defensive After A Short-Lived Rebound Following Fed's Unchanged Rate Decision
2) EUR/USD: Bulls Remain In Control, Fresh Two-And-Half-Year Tops and Counting
3) GBP/USD: Continues To Rising On Brexit Optimism, BoE Eyed For Fresh Impetus
December 16, 2020


1) Dollar On The Defensive Before The FOMC Policy
2) GBP/USD: Set-Up Favours Bulls Amid Brexit Deal Speculation
3) EUR/USD: Confined In A Range Below YTD Tops; Eurozone Pmis, FOMC In Focus
December 15, 2020


1) NZD/USD: A Phenomenal Economic Rebound In Q3 Could Offer Second Wind To Kiwi
2) EUR/USD: Seems Poised To Extend Bullish Trend, Move Beyond YTD Tops Awaited
3) GBP/USD: Bulls Turn Cautious Amid COVID-19 Jitters, Focus Remains On Brexit
December 14, 2020


1) Sterling Rises on Hope for Brexit Deal, Dollar Swoons Before Fed
2) EUR/USD: Bullish Potential Intact Ahead Of This Week’s Key Data, FOMC Decision
3) GBP/USD: Investors Cheer an Extension To Brexit Talks, Upside Seems Limited
4) XAU/USD: Gold’s 4H chart signals caution amid stimulus hopes, ahead of Fed
5) AUD/USD Remains With a Bullish Read
December 11, 2020


1) Dollar Falls Broadly On Return of Risk Appetite Due To U.S. Stimulus Optimism
2) XAU/USD:  Key $1850 Hurdle to Limit XAU/USD Bulls Amid US Stimulus Deadlock
3) GBP/USD: Seems Vulnerable Ahead of Sunday’s Deadline For Brexit Trade Talks
4) EUR/USD: Seems Poised To Build On the Post-ECB Positive Move
December 10, 2020


1) Dollar Rebounds On Safe-Haven Buying Due To Decline In U.S. Stocks
2) GBP/USD: Brexit Noise Might Continue To Infuse Volatility
3) EUR/USD: Awaits Bullish Flag Breakout As Focus Shifts To ECB Meeting

LEGAL: This website is operated by Promax which is the trading name of Promax LLC incorporated under the laws of Saint Vincent and the Grenadines with company number 156 LLC 2019 having its registered office at First Floor, First St. Vincent Bank Ltd. Building, James Street, Kingstown, VC0100, St. Vincent and Grenadines. The Company is authorized as a Limited Liability Company under the Limited Liability Companies Act, Chapter 151 of the Revised Laws of Saint Vincent and Grenadines, 2009.

Risk Warning: Forex and CFDs are leveraged products and involve a high level of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. By accessing this website you agree to be bound by the below pertaining to both this website and any material on it. Promax reserves the right to change these terms at any time without notice to you. You are therefore responsible for regularly reviewing these terms and conditions. Continued use of this website following any such changes shall constitute your acceptance of.

Restricted Regions: Promax does not offer its services to residents of certain jurisdictions such as USA, Japan, Iran, Cuba, Sudan, Syria and North Korea.

Copyright © 2021 Promax. All Rights Reserved.