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LATEST ARTICLES
Could Investing In Crypto Be The Ultimate Hedge For Forex Traders?
Intraday Market Analysis – USD Rally Accelerates
Intraday Market Analysis – USD Bounces Back
SPX500 Primary Impulse Reaches 5000
Intraday Market Analysis – CHF Gains Momentum
Intraday Market Analysis – WTI Hits Resistance
Australia Employment Data, And Election Outlook
AMZN Primary Impulse Wave Ⓐ Falls Below 2000
Intraday Market Analysis – Gold Attempts To Rebound
XAGUSD Triple Zigzag Ends Below $20
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MEX Group
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Daily Market Report – USD/JPY Minor Drop Still Favored October 09, 2017
USD/JPY Seems Exhausted The currency pair decreased today and looks determined to start a minor corrective phase on the short term. Price has...
Posted On
09 Oct 2017
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By
MEX Group
North Korea Preparing Long-Range Missile Test; Dollar softens 09-10-2017
Dollar Fluctuates Amid North Korea Tensions. The greenback jumped on Friday on the payrolls data, that disappointed regarding jobs growth,...
Posted On
09 Oct 2017
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By
MEX Group
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Daily Market Report – USD/JPY Facing Tough Resistance October 06, 2017
USD/JPY Needs A Spark Price increased little today and stays above the 112.91 yesterday’s high, but is trapped below an important dynamic...
Posted On
06 Oct 2017
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By
MEX Group
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Daily Market Report -EUR/USD Finding Sellers October 06, 2017
EUR/USD Targeting New Lows Price dropped and resumed the yesterday’s bearish candle. The dollar has taken the lead on the short term again...
Posted On
06 Oct 2017
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By
MEX Group
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Daily Market Report – Gold Above Critical Support October 06, 2017
Gold Bounce Or Break? The yellow metal dropped significantly in the yesterday’s trading session and reached new lows. Price changed little...
Posted On
06 Oct 2017
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By
MEX Group
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Daily Market Report – EUR/JPY Rising Wedge To Be Confirmed October 05, 2017
EUR/JPY Further Correction The EUR/JPY drops and erases the last day’s minor gains. Is trading in the red as the Yen is supported by the...
Posted On
05 Oct 2017
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By
MEX Group
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Daily Market Report – USD/CAD Needs A Bullish Spark October 05, 2017
USD/CAD Consolidating The Lates Gains The USD/CAD increased a little today and continues to stay in the green zone, but needs a bullish spark to...
Posted On
05 Oct 2017
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By
MEX Group
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Daily Market Report – AUD/USD Upside Clouded October 05, 2017
AUD/USD Erased The Yesterday’s Gains The currency pair dropped sharply today and it seems poised to resume the downward movement, this...
Posted On
05 Oct 2017
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By
MEX Group
Uncertainty About the Next Fed Chair Keeps US Dollar Lower; Oil Slid Below $50 05-10-2017
The Dollar Was Little Changed Below the Recent 11-Week High. The U.S. Dollar Index was down 0.18% after U.S. economic data did little to change...
Posted On
05 Oct 2017
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By
MEX Group
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Daily Market Report – Brent Oil Hit New Lows October 04, 2017
Brent Oil Registered An Amazing Drop Price dropped as much as 55.67 level today, but failed to stay near it and now has squeezed a little. Brent...
Posted On
04 Oct 2017
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By
MEX Group
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Daily Market Report -AUD/USD Upside Journey In Play October 04, 2017
AUD/USD Downside Paused The AUD/USD has increased sharply in the morning and has ignored a dynamic resistance. Price is trading in the...
Posted On
04 Oct 2017
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By
MEX Group
All Eyes on Trump’s Plans for New Fed Chair 04-10-2017
Dollar Rally Fizzles as Market Speculates Over Trump’s Fed Choice. The dollar stepped back from a 1 1/2-month high against a basket of...
Posted On
03 Oct 2017
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By
MEX Group
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Daily Market Report – USD/JPY Facing Tough Resistance October 04, 2017
USD/JPY Struggling To Stay Higher The USD/JPY increased on Tuesday, but failed to reach the 113.25 last week’s high. Continues to pressure...
Posted On
03 Oct 2017
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By
MEX Group
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Daily Market Report – GBP/USD Edging Lower October 02, 2017
GBP/USD On The Way Down The currency pair drops further and ignored another static support. GBP is trading in the red also versus the Euro and...
Posted On
03 Oct 2017
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By
MEX Group
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Daily Market Report – AUD/USD Slides Further October 03, 2017
AUD/USD Focused On Correction AUD/USD drops further and extends the bearish movement. The USD drags the price lower as the USDX has managed to...
Posted On
03 Oct 2017
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By
MEX Group
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Daily Market Report – USD/CHF crucial breakout in play October 03, 2017
USD/CHF At New Highs The currency pair increased further and resumed the upside movement. Is trading in the green and looks poised to take out a...
Posted On
03 Oct 2017
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By
MEX Group
Dollar Firms on Positive PMI Data, Euro Steadies After Being Under Pressure Due to Catalonia Worries 03-10-2017
Greenback in Technical Rebound; Long Term Outlook Bearish. The US dollar got boosted from Manufacturing PMI on Monday, but the longer term...
Posted On
02 Oct 2017
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By
MEX Group
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Daily Market Report – AUD/USD Looks Oversold October 02, 2017
AUD/USD Rebound? The currency pair dropped and reached fresh new lows in the start of the European session, but failed to stay there and now...
Posted On
02 Oct 2017
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By
MEX Group
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Daily Market Report – GBP/JPY Breakdown In Play October 02, 2017
GBP/JPY Turned To The Downside Price drops and resumes the minor corrective phase. We had a false breakout above the 151.66 static resistance and...
Posted On
02 Oct 2017
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By
MEX Group
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Daily Market Report – USD/JPY further increase expected October 02, 2017
USD/JPY Pressuring A Dynamic Resistance The currency pair is trading in the green and seems motivated to climb higher in the upcoming period....
Posted On
02 Oct 2017
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By
MEX Group
China, South Korea, Hong Kong, India and Australia Markets Closed for Public Holidays; Liquidity Expected to Be Thin on Monday 02-10-2017
Dollar Closes September Strong but Possible Correction Ahead. September was a strong month for the U.S. dollar, but as we look ahead to October,...
Posted On
02 Oct 2017
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By
MEX Group
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Daily Market Report – EUR/USD Throwback September 29, 2017
EUR/USD On The Run The currency pair increased significantly today and resumed the yesterday’s bullish candle. The today’s increase...
Posted On
29 Sep 2017
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By
MEX Group
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Daily Market Report – EUR/CHF Another Leg Higher? September 29, 2017
EUR/USD Still In The Green The currency pair increased in the morning and tries to resume the yesterday’s bullish candle. Has retested an...
Posted On
29 Sep 2017
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By
MEX Group
Dollar Takes Month End Hit Despite Upbeat Data; Quarter-End Profit-Taking in Play? 29-9-2017
Greenback Dips Despite Upbeat Data. Even though the most of U.S. data numbers were in the green, underscoring the odds of more Fed tightening...
Posted On
29 Sep 2017
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By
MEX Group
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Daily Market Report – GBP/USD Downside Clouded September 29, 2017
GBP/USD Bounced Back Price increased in the yesterday’s trading session and tries to recover after the last day’s drop. GBP/USD stays...
Posted On
28 Sep 2017
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By
MEX Group
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Daily Market Report – Brent Oil Inches Up September 28, 2017
Brent Oil Throwback The Brent Oil increases and looks determined to stay above the 57.72 horizontal support (resistance turned into support)....
Posted On
28 Sep 2017
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By
MEX Group
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Daily Market Report -USD/JPY The Battle Intensifies September 28, 2017
USD/JPY Fighting For More Gains The USD/JPY is trading in the green on the short term and tries to extend the latest gains. Price is approaching...
Posted On
28 Sep 2017
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By
MEX Group
US Dollar Up after Trump Tax Plan, Canadian Dollar Lower after Poloz Speech 28-9-2017
Trump Tax Plan Faces Criticism, Dollar Pares Gains. The dollar rose for a third day, though it failed to hold an advance to the highest level in...
Posted On
28 Sep 2017
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By
MEX Group
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Daily Market Report – USD/CAD lifted by Poloz’s speech September 28, 2017
USD/CAD At New Highs The currency pair rallied aggressively in the afternoon and reached fresh new highs after the BOC Poloz’s speech....
Posted On
27 Sep 2017
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By
MEX Group
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Daily Market Report – EUR/USD Extends The Sell-Off September 27, 2017
EUR/USD On The Way Down The currency pair drops like a rock and seems unstoppable on the short term. Price has managed to take out two, very...
Posted On
27 Sep 2017
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By
MEX Group
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Daily Market Report – AUD/USD intensifies the declines September 27, 2017
AUD/USD Hit New Downside Target The currency pair dropped further and reached another target, we’ll see how will react now because a...
Posted On
27 Sep 2017
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By
MEX Group
Dollar Supported by Hawkish Yellen Comments, All Eyes on Poloz Speech, Republican Tax Plan in Focus 27-9-2017
Yellen Says Fed Needs Gradual Rate Hike Despite Soft Prices. The U.S. dollar was underpinned by remarks from Fed Chairperson Yellen on the need...
Posted On
27 Sep 2017
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By
MEX Group
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Daily Market Report – EUR/JPY Risind Wedge? September 26, 2017
EUR/JPY Losing Altitude The currency pair dropped further today and touched new lows. It has dropped as much as 131.74 level, but failed to stay...
Posted On
26 Sep 2017
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By
MEX Group
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Daily Market Report – EUR/USD At First Downside Target September 26, 2017
EUR/USD Additional Drop Expected The currency pair has dropped sharply today and resumed the yesterday’s bearish candle. Is trading in the...
Posted On
26 Sep 2017
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By
MEX Group
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Daily Market Report – NZD/USD Accelerates The Sell-Off September 26, 2017
NZD/USD Edges Lower The currency pair has dropped sharply today and resumes the bearish momentum. It seems too heavy to be stopped right now even...
Posted On
26 Sep 2017
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By
MEX Group
North Korea Says U.S. ‘Declared War,’ Risk-Off Vibes Return Again 26-9-2017
All Eyes on What Is Trump Going to Do. U.S. dollar slipped against havens after North Korea’s foreign minister said in a statement at the...
Posted On
26 Sep 2017
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By
MEX Group
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Daily Market Report – USD/JPY Melting Down September 26, 2017
USD/JPY Temporary Decrease? The currency pair has dropped in the start of the week and resumes the Friday’s bearish candle. USD failed to...
Posted On
25 Sep 2017
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By
MEX Group
0
Daily Market Report – EUR/USD Rolling Down September 25, 2017
EUR/USD On The Way Down The currency pair has opened with a gap down in the morning, signaling that the bears are in control on the short term....
Posted On
25 Sep 2017
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By
MEX Group
0
Daily Marker Report – GBP/USD Can We Have A Bears Attack? September 25, 2017
GBP/USD Minor Retreat Favored The currency pair has dropped sharply on Thursday, but now is fighting hard to recover and to stay higher on the...
Posted On
25 Sep 2017
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By
MEX Group
Euro, New Zealand Dollar Fall on Election Results, Moody’s Cut the Rating on Brexit 25-9-2017
Euro Slips After German Election Tests Angela Merkel’s Coalition Building Skills. The Euro has climbed up from $1.1865 neckline support...
Posted On
25 Sep 2017
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By
MEX Group
0
Daily Market Report – EUR/GBP Lifted By Euro-zone Data September 22, 2017
EUR/GBP is trading in the green and tries to stay above dynamic support despite the yesterday’s breakdown. It has managed to erase the...
Posted On
22 Sep 2017
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By
MEX Group
U.K. Prime Minister Theresa May’s Speech in Focus 22-9-2017
Euro Soars Higher After Draghi’s Comments. The mood was a bit cheerier in the European markets, with ECB head Draghi declaring that the...
Posted On
22 Sep 2017
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By
MEX Group
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Daily Market Report – USD/JPY Another Leg Lower? September 22, 2017
USD/JPY Rejected By Confluence Area The currency pair has dropped sharply in the morning and seems poised to start a corrective phase. The Yen...
Posted On
21 Sep 2017
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By
MEX Group
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Daily Market Report – USD Uninspired By The US Data September 22, 2017
EUR/USD Narrowing The EUR/USD has managed to rebound and to climb much higher again. Price continues to move in range on the short term, but I...
Posted On
21 Sep 2017
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By
MEX Group
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Daily Market Report – GBP/USD Downside Prevails September 21, 2017
GBP/USD Retreat Favored The currency pair seems too exhausted to climb much higher at this moment, so it could come down to retest a support...
Posted On
21 Sep 2017
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By
MEX Group
The Fed Draws a Clearer Picture of Rate Hike by The End of The Year 21-9-2017
Dollar Rebounds After Fed Statement. As anticipated, the Fed announced it would begin from next month to reduce its approximately $4.2 trillion...
Posted On
21 Sep 2017
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By
MEX Group
0
Daily Market Report – EUR/USD Towards Confluence Area September 21, 2017
EUR/USD More Downside In View Price dropped significantly after the FOMC and looks poised to start a corrective phase on the short term. EUR/USD...
Posted On
21 Sep 2017
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By
MEX Group
0
Daily Market Report – USD/JPY rallies post FOMC September 21, 2017
USD/JPY BOJ Eyed The currency pair rallied in the last hours and reached some important resistance levels. Is trading in the green even if the...
Posted On
20 Sep 2017
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By
MEX Group
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Daily Market Report – EUR/USD FOMC is to unleash the storm September 20, 2017
EUR/USD Stays Higher The currency pair has resumed the minor rebound and has touched a near-term dynamic resistance. Technically is expected to...
Posted On
20 Sep 2017
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By
MEX Group
North Korean Rocket Man Didn’t Have Any Strong Risk-Off Sentiment to Currency Markets; Traders Await FOMC Decision 20-9-2017
Dollar Edged Up Ahead of Federal Reserve’s Meeting. The dollar index added 0.1 percent to 91.855, holding well above its more than 2-1/2...
Posted On
20 Sep 2017
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By
MEX Group
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