News Blog
The NZD/USD currency pair is showing upside potential after undergoing a trend reversal from bearish to a solid bullish phase. This bullish momentum is likely to push the price toward forming a new resistance level at 0.60226. As long as price holds above the nearest support zone, the potential for further upside is expected to […]
In the world of trading, understanding price movements is not just about numbers, but also reading the story behind the chart. One of the most popular methods of visualizing price movements is candlestick charts. Candlestick patterns can provide important signals about the next direction of market movement. 1. What is a Candlestick? Candlesticks are a […]
The AUD/JPY currency pair is currently showing downside potential after reaching its recent high, which raises the possibility of a trend reversal. The bearish outlook is reinforced by the formation of a swing high, indicating fading buying pressure. In addition, price action is showing signs of forming a double top pattern, a common technical signal […]
The GBP/USD pair is extending its upward movement after completing a secondary trend phase. Bullish signals are also confirmed by a valid swing low on the H4 timeframe, indicating potential for continued upside momentum. As long as price holds above the nearest support area, the probability of reaching the next resistance target remains strong. Recommendation: […]
Global gold prices fell on Monday (Aug 11) after U.S. President Donald Trump confirmed that imported gold bullion will not be subject to tariffs. The statement eased market uncertainty that had been weighing on sentiment in the precious metals market. According to the latest data, precious metals posted the following movements: Previously, reports suggested that […]
Greetings from Maxco, We would like to inform you of the expired product for some Index Futures in the respective markets for August 2025: The expired contract must be settled on or before the market closes. Please consider the Futures Expirations Calendar above and plan your trading accordingly. All other markets will remain unaffected and […]
The GBP/JPY currency pair is currently showing strong bullish potential. This outlook is supported by an upward trendline, indicating that buying momentum remains intact. Additionally, the formation of a swing low pattern further supports the potential for continued upside. Another reinforcing factor is the presence of a bullish candlestick confirmation, signaling strong buying interest in […]
The NZD/USD currency pair is currently showing strong bearish potential. This outlook is supported by the formation of a double top chart pattern, a common technical signal of a potential reversal from bullish to bearish. Additionally, the presence of a swing high reinforces the likelihood of continued downward movement. As long as the price remains […]
Last Week’s Movement (August 4–8, 2025)The DXY hovered around 98.5 after rebounding from its drop following a disappointing Nonfarm Payrolls (NFP) report. Market sentiment was supported by better-than-expected S&P Global Composite and Services PMI data, although the ISM Services PMI fell to 50.1, indicating declining demand and slower hiring. On Thursday (August 7), the dollar […]
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 […]
