Register Member Login Contact Us

Market Analysis

April 22, 2020


1) EUR/USD Continued with Its Two-Way/Directionless Price-Action on Tuesday
2) Dollar Hits 2-Week High as Selloff in Oil Price Triggers Safe-Haven USD Buying
3) Oil Implodes, Currencies Next?
April 21, 2020


1) EUR/JPY Nearing Key Support
2) GBP/USD Remained Depressed Amid Sustained Buying Around the USD
3) WTI Crude Oil Prices Turns Negative
April 20, 2020


1) Crude Oil Down Over 18%
2) EUR/USD: Picture Remains Fragile
3) A Modest USD Pullback Assisted GBP/USD to Gain Some Traction on Friday
April 17, 2020


1) EUR/USD: Gains Traction on Hopes for Virus Treatment
2) Dollar Rises Broadly As Dismal
3) Risk Appetite Falters Forcing AUD Lower
April 16, 2020


1) FTSE 100 Struggles In Early Trading
2) USD/CAD Pierces Bullish Flag but Caution Remains
3) GBP/USD Forecast: Ready to Recover?
4) EUR/CAD: Is The Bull Going To Take Control?
April 15, 2020


1) Risk Appetite Takes a Turn, As Oil Tumbles
2) S&P500 Retraces Dragged by IMF's Negative Outlook
3) GBP/USD Has Been Falling From the Heights
4) NZD/USD Pulls Below Trend line
5) Gold: Severely Overbought Conditions
April 14, 2020


1) GBP/USD Bulls Return To the Game; Approach A Tougher Barrier
2) Gold Sits Near Multi-Year Tops, Comfortably Above $1700 Mark
3) All Eyes On the Virus Updates and API Crude Stocks Data
April 13, 2020


1) EUR/USD in Confusion between Broken Trend lines
2) GBP/USD: Downbeat UK GDP Forecast Cap Upside in Sterling
3) Historic OPEC+ Deal Saves Oil from Free Fall but Does Not Promise Fast Growth
April 10, 2020


1) GBP/USD Registers Modest Gains As Markets Are Inactive On a Good Friday Holiday
2) WTI Slumps after Mexico Rejects OPEC+ Deal, G20 Energy Summit Eyed
3) EUR/USD Gains Extra Ground on Dollar Weakness

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.