Tag: forex

Castries, Saint Lucia, March 24th, 2026, FinanceWire PrimeXBT, a global multi-asset broker and crypto asset service provider, has won two awards at the World Business Outlook Awards 2026, receiving Best Trading Conditions – Asia and Best Forex & CFD Broker – Asia. This recognition underscores the company’s leadership in delivering consistently high-performance trading conditions, combining…

Silver is approaching a critical support zone as its “dual role” as a monetary and industrial asset continues to diverge. Tightening expectations on global central banks, driven by the energy shock, are weighing on its monetary side, leaving the 64 support zone increasingly vulnerable. While industrial demand and persistent physical deficit may offer a floor…

Daily Pivots: (S1) 1.1532; (P) 1.1565; (R1) 1.1605; More…. Intraday bias in EUR/USD remains neutral at this point. With 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665) intact, further decline is still in favor. On the downside, below 1.1408 will resume the fall from 1.2081 to 38.2% retracement of 1.0176 to 1.2081…

Created on March 22, 2026 The GBP/USD went into this weekend slightly above the 1.33400 mark, which intriguingly is near the 1.33400 vicinity seen last Monday in the currency pair, which was then followed by a variety of reversals and volatility. The Iranian war has begun its forth week. Behavioral sentiment in the broad markets…

Gold (XAUUSD) continues to trade lower as the bearish sequence remains active. The decline from the recent peak is unfolding in a clear impulsive structure, which shows sellers still control the trend. From the high, Gold completed a larger corrective structure and then turned sharply lower. The decline is progressing in a five-wave impulse. Within…

EUR/USD recovered last week but upside is capped below 1.1666 cluster resistance (38.2% retracement of 1.2081 to 1.1408 at 1.1665). Initial bias remains neutral this week, and further decline is in favor. On the downside, below 1.1408 will resume the fall from 1.2081 to 38.2% retracement of 1.0176 to 1.2081 at 1.1353. However, decisive break…

Global FX derivatives average daily turnover reached $6.6 trillion in April 2025, roughly double its level in April 2013. While FX swaps remain the largest segment in absolute terms, recent growth has been driven by outright forwards and FX options, leading to a shift in product composition. FX derivatives trading is concentrated in a small…

There is continued rapid growth in the size of the global Foreign exchange market as well as in the number of individual retail participants, with more than ever in Forex being recorded in the year of 2026. Forex daily trading volume already exceeds trillions of dollars each day, with many new brokerages coming online every…

Limassol, Cyprus, March 16th, 2026, FinanceWire BullCharge was launched in 2025 its forex automation software designed to bring institutional-level trading technology to retail investors. The software enables users to access AI-driven trading strategies, real-time market adaptation, and professional risk management through standard brokerage accounts, helping remove traditional barriers such as high minimum investment requirements that…

Created on March 15, 2026 The US dollar has continued to be very noisy this past week, as we are looking to figure out where we are going from a risk appetite perspective. The 18 MXN level continues to be a massive resistance barrier, but the candlestick for the week is a hammer. This tells…