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GBPAUD is currently showing bullish momentum, supported by the formation of a double bottom chart pattern, which typically indicates a potential trend reversal from bearish to bullish. Additionally, a bullish candlestick confirmation strengthens the likelihood of a continued upward move toward the nearest resistance level. Trading Recommendation:Buy GBPAUDEntry : 2.03163Take Profit : 2.03647Stoploss : 2.02835 […]
NAS100 is currently showing signs of bearish continuation, supported by the formation of a swing high and a double top chart pattern, which typically signals a potential reversal from the previous uptrend. Additionally, the trendline shift to the downside strengthens the bearish outlook, suggesting that price may continue to decline toward the next support area. […]
AUDCAD is currently showing a bearish outlook, supported by the continuation of a downward trendline and a bearish candlestick confirmation, both indicating potential further downside movement. Based on technical analysis, the pair may extend its decline toward the nearest support area. Trading Recommendation:Sell AUDCADEntry : 0.91793Take Profit : 0.91506Stoploss : 0.92003 *DISCLAIMER: All content in daily forex […]
Tonight, the global financial market turns its attention once again to Frankfurt, the headquarters of the European Central Bank (ECB). The institution is set to release an important document — the Monetary Policy Meeting Accounts — which summarizes the discussions among policymakers during the latest Governing Council meeting. Although the interest rate decision has already […]
Geopolitical tensions in the Middle East have once again captured global market attention. Between October 8–9, 2025, several major media outlets — including Reuters, Associated Press, and Al Jazeera — reported that Israel and Hamas had reached an initial or first-phase ceasefire agreement. The deal includes prisoner exchanges and troop withdrawals to specific lines, with […]
The Federal Open Market Committee (FOMC) took its first monetary policy easing step of 2025 by cutting the benchmark interest rate by 25 basis points, bringing it to a range of 4.00%–4.25%. The decision, made during the September 16–17, 2025 policy meeting, came amid growing signs of an economic slowdown and uncertainty in the labor […]
Greetings from Maxco! We would like to inform you of the important market events taking place in October 2025. Please be aware that due to the ongoing U.S. government shutdown, certain economic data releases may be delayed: Kindly take note of the key market events listed and plan your trading activities accordingly. All other markets will […]
Gold prices have once again made history. For the first time ever, the precious metal has surpassed the US$4,000 per ounce mark, briefly touching a daily high of US$4,037 — marking a new milestone in the ongoing uptrend fueled by mounting global economic concerns and political turmoil in the United States. This sharp rally reflects […]
AUDJPY is currently showing a bearish bias, supported by the formation of a swing high and a bearish candlestick confirmation, signaling a potential continuation of the downward move. Based on technical analysis, the pair may continue to weaken toward the nearest support area in the short term. Trading Recommendation:Sell AUDJPYEntry : 99.937Take Profit : 99.565Stoploss […]
Gold (XAUUSD) briefly reached a daily high of 3977.2 before correcting and is now trading around 3947, after recording a low of 3940.7. Based on M15 Minor Intraday analysis, the downside appears limited, suggesting a potential rebound toward the nearest resistance levels in the short term. Trading Recommendation:Buy XAUUSD (Gold)Entry : 3950Stoploss : 3944 / […]
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