News Blog
Crude oil prices slipped during Tuesday’s U.S. trading session, reflecting cautious market sentiment toward global policy directions and economic conditions that continue to influence energy demand. On the New York Mercantile Exchange (NYMEX), crude oil futures for October delivery traded at USD 61.97 per barrel, down about 1.16% from the previous session. Support levels are […]
The NZD/JPY currency pair is currently expected to move higher. This bullish outlook is supported by the formation of a double bottom pattern, which indicates potential upward reversal. In addition, the upward-sloping trendline further strengthens the bullish sentiment, suggesting that the potential for price appreciation remains high in the near term. Recommendation: *DISCLAIMER: All content in daily […]
Home Depot (HD) shares are trading at around US$394 ahead of its second quarter earnings report today. Investors are paying attention to whether the company is able to regain same-store sales growth after a slight decline in the previous quarter. Pressure from the sluggish housing market and high interest rates have held back the performance […]
The GBP/JPY currency pair is currently expected to resume its upward movement. This bullish outlook is supported by the formation of a swing low, indicating a potential reversal to the upside. Furthermore, the presence of a double bottom pattern strengthens the bullish bias, suggesting a significant potential for further price increases in the near term. […]
The NZD/USD currency pair is currently showing bullish potential. This outlook is supported by the continuation of the bullish trendline, along with the formation of a swing low, which suggests the price is likely to move higher. Additionally, the candlestick confirmation provides further support, indicating that buying momentum is stronger than selling pressure. As long […]
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 […]
Greetings from Maxco! We would like to inform you about the operational schedule for National Holiday as follow: Please pay attention to the important market events above and plan your trading accordingly. Thank you for choosing us as your preferred broker! Best regards, Maxco
The USD/CAD currency pair is currently in a downtrend and is likely to continue its bearish movement. This outlook is reinforced by a downward-sloping trendline, alongside a Bearish Engulfing candlestick pattern signaling strong selling pressure. Furthermore, the price action is forming a Double Top chart pattern, which is a strong technical signal for a potential […]
The AUD/NZD currency pair is currently showing strong potential for further upside. This bullish outlook is supported by the formation of a well-structured Bullish Pennant pattern. If the price manages to break out from this pattern, the upward move is expected to be significant, potentially reaching the predefined target level. Recommendation: *DISCLAIMER: All content in daily forex […]
The AUD/USD currency pair is currently showing bullish potential with the possibility of breaking through the previous resistance area. If bullish momentum continues, price is expected to target the strong resistance level at 0.65848. This movement reflects strong buying sentiment as long as the price remains above the nearest support zone. Recommendation: *DISCLAIMER: All content in daily […]
