Capital.com

Capitalcom Broker Updated 

GBP/USD turned bearish on Wednesday after being rejected at 1.28 the day prior. It’s not the first time the pair has been rejected at that level which suggests it has become somewhat of a psychological barrier, at which buyers need to show increased commitment to overcome. The reversal came in part due to the uptick in the US dollar, but other GBP pairs also...

Capitalcom Broker

After powering to all-time highs at the start of the month, the FTSE 100’s uptrend has started to falter with the index pulling back more than 300 points during the last two weeks. Let's explore the reasons behind this pullback and identify key levels where the index might find support. Why is the FTSE Falling? Rising Bond Yields: Concerns about prolonged...

Capitalcom Broker

Welcome to the second part of our educational series, Brilliant Basics. In this series, we'll explore how mastering the fundamentals lays the groundwork for achieving high-level performance in trading. Today, we focus on reversal zones, specifically the art of drawing support and resistance consistently across multiple timeframes. Understanding Reversal Zones ...

Capitalcom Broker

EUR/GBP is retesting a long-term support zone which is relevant across multiple timeframes. Let’s explore the trading opportunities available on different timeframes. The Bigger Picture: EUR/GBP Weekly Candle Chart Analysis EUR/GBP’s weekly candle chart shows a series of lower swing highs into a key area of horizontal support, forming a descending triangle...

Capitalcom Broker Updated 

The advances in USD/JPY remain shy. The pair has plateaued in recent sessions with little deviation from the current level of 156.90 as the lack of direction becomes evident. The momentum remains bullish, but buyers are sceptic of how much more room there is to move higher before Japanese officials intervene in markets again. Last month the bullish drive was much...

Capitalcom Broker Updated 

Gold (XAU/USD) started the week trading with a positive bias after last week's correction. The precious metal dropped over 4% as strong economic data in the US continues to hinder the hopes of rate cuts from the Federal Reserve. Commentary last week from several FOMC members continued to point towards a restrictive policy for the foreseeable future, at least until...