Blog News
Is a New Record on the Horizon? Gold price movement (XAUUSD) last Friday once again captured global market attention. The precious metal held steady around $3,760 – $3,770 per troy ounce, despite stronger U.S. economic data that briefly weighed on expectations of a Federal Reserve rate cut. Interestingly, the new U.S. import tariff sentiment provided […]
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 […]
NZDJPY is currently showing signs of weakness, with a potential bearish move ahead. This outlook is supported by the formation of a double top chart pattern along with candlestick confirmation, signaling further downside momentum. Trading Recommendation:Sell NZDJPYEntry : 86.276Take Profit : 86.063Stoploss : 86.437 *DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not […]
Opportunities from the Overlooked Precious Metal In the trading world, gold often takes center stage. However, there’s another precious metal with significant potential: silver (XAG/USD). Many traders overlook it, yet its high volatility, correlation with gold, and profit potential make it a compelling asset. So, why should you consider trading XAG/USD right now? 1. Silver: […]
The US Dollar Index (DXY) heads into the weekend with a positive tone, supported by US economic data released throughout the week that bolstered the Federal Reserve’s interest rate outlook. Today, Friday (September 26), market focus shifts to the Fed’s preferred inflation gauge, the PCE Price Index, along with US personal income and personal spending […]
The current outlook for EURJPY suggests a bearish move. This weakness is supported by candlestick pattern confirmation and the formation of a double top chart pattern, which often signals a potential reversal. Furthermore, signs of a trendline shift downward reinforce the bearish sentiment. Trading Recommendation:Sell EURJPYEntry : 174.591Take Profit : 174.390Stoploss : 174.736 *DISCLAIMER: All content […]
The current outlook for NAS100 suggests that the index is likely to continue its bearish move. This weakness is supported by the downward trendline and the absence of any significant reversal signals. Additionally, candlestick pattern confirmation further reinforces the bearish sentiment. Trading Recommendation:Sell NAS100Entry : 24727Take Profit : 24640Stoploss : 24793 *DISCLAIMER: All content in daily forex […]
XAUUSD (Gold) continues to rise after recording an intraday low at 3729.5. Currently, Gold is trading in the 3750 – 3755 range, with an intraday high at 3756.5. However, the upside potential is seen as limited, as price approaches the M15 Supply Zone at 3760 – 3765, opening the possibility for a downward correction. Trading […]
Currently, CHFJPY is showing signs of a potential decline. This outlook is supported by the formation of a Head and Shoulder chart pattern, which is often considered a strong signal of trend reversal. Additionally, this pattern indicates a shift in market direction from bullish to bearish. Trading Recommendation:Sell CHFJPYEntry : 186.904Take Profit : 186.574Stoploss : […]
The Dow Jones Industrial Average (DJIA) closed at 46,483, down about 1,310 points or –0.33% from the previous session. The index opened at 46,652 and briefly touched a high of 46,783. Yesterday’s decline came as investors grew concerned over “high valuation” remarks from the Fed Chair, coupled with pressure on technology and large-cap stocks, and […]
