Register Member Login Contact Us

Market Analysis

October 15, 2020


1) Australian Dollar Falls As Governor Lowe Pledges More Easing
2) GBP/USD: Bulls Turn Cautious Ahead Of The Key EU Summit
3) EUR/USD: Seems Vulnerable To Slide Below 1.1700 Mark
October 14, 2020


1) US Dollar Strengthens As Stimulus Hopes Fade
2) EUR/USD: Turning Bearish Amid Softer Risk Tone, 1.1700 Mark Holds The Key
3) AUD/USD: Further Falls Likely, Eyeing An Approach To 0.7000
October 13, 2020


1) EUR/USD: Resistance Emerges In The 1.1830 Region
2) GBP/USD Remains Pressured Around 1.3050 Amid Mixed UK Jobs Data
3) AUD Upturn Falters As Pboc Intervenes To Correct CNY Appreciation
October 9, 2020


1) XAU/USD: Gold Eyes Friday’s Close, US Stimulus Hopes Down The Dollar
2) GBP/USD: Ready To Fall From The Highs? Four Reasons To Sell Sterling
3) Europe Points To Higher Open As US Stimulus Is Back On, UK GDP Disappoints
October 8, 2020


1) CAD:  Loonie Set For Additional Gains On Sub-10% Employment Rate
2) EUR/USD: Bounces Off Resistance-Turned-Support, Bullish Bias Remains
3) XAU/USD: Gold Vulnerable Amid Risk-On Rally In Stocks On US Stimulus Hopes
October 7, 2020


1) Trump Calls Off Talks On Stimulus Plan Until After Election
2) XAU/USD: Gold Looks South As US Dollar Cheers Stimulus Gloom
3) GBP/USD: Turns Vulnerable After Trump Cancels Talks On Stimulus Package
4) EUR/USD: Bulls At The Mercy Of USD Price Dynamics, 1.1700 Mark Holds The Key
October 6, 2020


1) Dollar falls as risk sentiment returns on stimulus package hopes
2) AUD/USD buoyed by US fiscal stimulus hopes and improving health of President Trump
3) XAU/USD: Gold’s path of least resistance is up ahead of Powell’s speech
4) GBP/USD: Sustained move beyond 1.3000 mark to pave the way for additional gains
5) EUR/USD: Bulls seize control above one-month-old descending channel
October 5, 2020


1) Dollar's Decline Not Expected To Go Far, But Still A Lot Of Confusion Lingering
2)  XAU/USD: Gold’s Fate Hinges On Trump’s Health, 21-DMA - Level To Beat For Bulls
3) EUR/USD: Bulls Await Sustained Move Beyond A One-Month-Old Descending Channel
4) GBP/USD: Lack Of Follow-Through Buying Warrants Caution For Bulls
5) AUD/USD: Ausi Consolidates Below 0.7200 Ahead Of RBA Rate Decision Tuesday
October 2, 2020


1) US Dollar Strengthens Ahead Of Nonfarm Payroll Data
2) GBP/USD: Digests Overnight Brexit-Led Volatile Swings, NFP In Focus
3) EUR/USD: Fails Near One-Month-Old Descending Trend-Channel, Focus Shifts To NFP

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.