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Global oil prices posted a slight rebound at the start of the week, offering a brief respite to the energy market still clouded by global uncertainty. West Texas Intermediate (WTI) crude rose to around US$61.90 per barrel, up approximately 0.34%, after being pressured by concerns over oversupply and slowing global economic growth. The modest gain […]
NZDUSD is currently showing bearish momentum, supported by a bearish candlestick confirmation and the formation of a swing high, both indicating a potential trend reversal. This setup suggests that the price may continue its decline toward the nearest support area. Trading Recommendation:Sell NZDUSDEntry : 0.58302Take Profit : 0.58009Stoploss : 0.58500 *DISCLAIMER: All content in daily forex news is […]
AUDJPY is currently showing signs of bearish pressure with a strong likelihood of further decline. The formation of a double top pattern indicates a Mpossible trend reversal from bullish to bearish. In addition, the appearance of a bearish engulfing candlestick pattern reinforces the selling momentum, suggesting that the price could continue its fall toward the […]
NZDJPY is currently showing a bearish outlook, with the formation of a double top chart pattern indicating a possible trend reversal. In addition, candlestick confirmation supports the potential for a decline, as the price has reached an overbought level, signaling a likely correction or downward move in the near term. Trading Recommendation:Sell NZDJPYEntry : 87.747Take […]
Maxco strives to meet clients’ needs by continuously developing Maxco applications. With this application, users can make transactions on the global market anytime and anywhere. In the Maxco Top Trader Report, you can see the weekly reports of traders at Maxco. This report helps you to get information about trading at Maxco. Congratulations to the trader who achieved […]
Global financial markets kicked off the week with sharp gains, driven by a combination of political change in Japan and fiscal uncertainty in the United States. Investor sentiment swung rapidly from risk assets to safe havens, pushing Japanese stocks and gold to fresh record highs. Japan Makes History as Nikkei Soars to Record Levels The […]
Japan’s financial markets went into turmoil Monday morning after Sanae Takaichi — a conservative politician known for her pro-stimulus stance — officially won the leadership of the Liberal Democratic Party (LDP), paving the way for her to become Japan’s first female Prime Minister. But it wasn’t the political milestone that shocked investors — it was […]
Greetings from Maxco! We would like to inform you that there will be a trading session update due to Mid Autumn Moon Festival Day, please kindly record the date and time in the table below: Please bear these changes and plan your trading accordingly. All other markets will remain unaffected and will be available for […]
Gold is currently showing a bearish tendency, supported by the trendline reversal and lower price action compared to previous levels, indicating strong downside potential.Furthermore, a candlestick confirmation and the formation of a double top pattern strengthen the bearish outlook. Trading Recommendation:Sell XAUUSDEntry : 3848Take Profit : 3834Stoploss : 3858 *DISCLAIMER: All content in daily forex news is informative. […]
Tonight, global market attention once again turns to Washington. The U.S. government officially enters its second day of shutdown after Congress failed to approve a budget. Around 800,000 federal employees are forced into unpaid leave, while more than 700,000 others continue working without pay, adding uncertainty to an already fragile global economic outlook. Shutdown Overview […]
