News Blog
USD/JPY closed last Friday at 144.39. From a technical standpoint, the pair still has room to move higher as part of a technical correction following its previous decline to the 142.73 level. The current price structure suggests ongoing buying interest, with potential movement toward short-term resistance levels. As long as the price stays above the […]
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 […]
The Japanese Yen weakened against the US Dollar in yesterday’s trading, after the release of Non-Farm Payrolls (NFP) data which showed higher-than-expected results. The strength of the US labor data boosted the strength of the Dollar and pushed the price of USD/JPY to print a high of 145.22.However, technically, the current price is still moving […]
The NZD/JPY currency pair is currently showing short-term bearish momentum. Based on technical analysis, there is no significant signal of a bullish reversal yet, suggesting that further downside potential remains likely. This bearish outlook is supported by a descending trendline, indicating ongoing selling pressure. Additionally, the formation of a double top pattern—a classic reversal signal—adds […]
The GBP/JPY currency pair is currently showing a tendency to continue its decline. This signal is supported by the downward trendline direction, signaling that selling pressure is still dominant in the current market structure. In addition, the formation of a bearish candlestick pattern provides further confirmation that the downside potential remains open. The appearance of […]
Non-Farm Payroll (NFP) is one of the most significant indicators for measuring the health of the U.S. labor market. Released monthly by the Bureau of Labor Statistics (BLS), this data not only serves as a key guide for the Federal Reserve’s monetary policy decisions but also greatly influences global financial market sentiment. What is NFP […]
The USD/JPY currency pair is currently showing a tendency to decline. The price movement is starting to lose upward momentum and has the potential to experience a reversal from the previous short-term upward trend to the current downward trend. The technical signals in favor of the decline are reinforced by the formation of the Head […]
The ADP Non-Farm Employment Change report, scheduled for release on Wednesday, July 2, 2025, at 19:15 WIB, is expected to show a strong rebound in U.S. private sector employment following a disappointing previous reading. Key Figures: The sharp upward revision in the forecast—from 37,000 to 99,000—indicates improving labor market conditions, particularly in the services sector, […]
Greetings from Maxco! We would like to inform you that there will be a trading session update due to the Independence Day US, please kindly record the date in the table below: Please bear these changes and plan your trading accordingly. All other markets will remain unaffected and will be available for trading during normal […]
Greetings from Maxco! We would like to inform you that there will be a trading session update due to the Day Before Independence Day US, please kindly record the date in the table below: Please bear these changes and plan your trading accordingly. All other markets will remain unaffected and will be available for trading […]
