CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

83.61% of retail investor accounts lose money when trading CFDs with this provider.
May 24, 2022
by Joseph Jeffriess, Market Analyst

Crypto Update: AVAXUSD, are sellers planning a new bear raid?

Today we’re looking at AVAXUSD as price remains in a solid-looking downtrend. We are watching a consolidation pattern that could be a descending triangle or a wedge type pattern in the existing trend. The key for us is at 28 support. If sellers break this level, the...
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May 23, 2022
by Joseph Jeffriess, Market Analyst

Forex News: GBPUSD breakout watch.

Risk majors followed up their fightback last Friday with more solid gains into Monday’s session. The AUD has seen solid gains after the weekend’s Federal election, which saw a change of government. The EUR hasn’t seen those two gains but has still beat last...
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May 20, 2022
by Joseph Jeffriess, Market Analyst

Crypto News: Bitcoin is range-bound. Will we see a break today?

Hi traders, today we’re seeing a similar pattern across several coins. After yesterday’s failed lower break attempt, ranges have developed. We’re seeing this pattern on a few, BTC, BNB, ETH, SOL, ADA, and XRP. We’ve zeroed in on Bitcoin as on the 4-hour chart. The...
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May 17, 2022
by Joseph Jeffriess, Market Analyst

CFD News: GER30 could be starting a new leg higher

Today we are looking at the GER30 daily as buyer momentum continues to drive forward this week, with price breaking the medium-term downtrend in today’s session. It’s been a  decent week so far for stock indexes. Buyers continue to hold sway with another solid rally...
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May 16, 2022
by Joseph Jeffriess, Market Analyst

Forex News: USDCAD, could a new push lower be on the cards?

Looking at the USDCAD on the daily chart traders, could we see a new move lower if sellers can reverse today’s rally and break last Friday’s low? We are looking for that low break as it will back up a break of the fast trend and confirm the current bearish CCI....
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May 12, 2022
by Joseph Jeffriess, Market Analyst

Forex News: EURUSD, are we seeing a new breakout?

Risk markets are seeing another session of aggressive selling. The selling so far is across multiple asset classes. It’s a real good old fashioned risk-off day so far. Until today the EURUSD looked to be holding up the best out of the three main risk currencies, but that’s...
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May 10, 2022
by Joseph Jeffriess, Market Analyst

RookUSD, are buyers starting to reconfirm the demand area?

After days of heavy selling, crypto markets have started to see signs of demand today, with most of the top 25 coins moving into the positive after being hammered within 24 hours ago. Today, things continued to look dire as coins continued to touch new monthly lows. KeeperDAO...
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May 9, 2022
by Joseph Jeffriess, Market Analyst

CFD News: Gold, close to confirming new leg lower?

Things have taken a turn back to safe havens with heavy selling resuming into today’s European session. After a small push at a fightback, the floodgates reopened. Stock indices and Crypto markets have been the heaviest hit, with some coins dropping over 11% lower. Sellers...
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May 5, 2022
by Joseph Jeffriess, Market Analyst

Forex News: GBPUSD beats its range. Can buyers start a new leg higher?

Today’s focus is on GBPUSD after its solid rally yesterday, as markets surged to the USD after the FOMC statement suggested the Fed might not be as aggressive in its policy to combat inflation. The message also confirmed that the policy would do its best to help the US...
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