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The market’s most traded currency pair is in consolidation on Friday. The current EURUSD quote is 1.0890. The US dollar strengthened rapidly yesterday after the US employment statistics were published, but investors found the strength to stabilise the situation. Data on the number of open jobs in the labour market, excluding agriculture, showed a decline […]

TitleEURUSD H4 |  Running into resistance TypeBearish Reversal Preference:Price could approach the pivot point at 1.09183 and potentially reverse from here; we could see momentum carry price down to its 1st support at 1.08432. Alternative scenario:If price breaks above the pivot point, it could hit the 1st resistance at 1.09646. To discuss this trading idea, […]

ADP Employment Soars The US Dollar rose on the back of a slew of positive data prints yesterday. Both the ADP employment number and the ISM services PMI came in well above expectations. For the APD reading, jobs were seen at 497k, well above the 226k the market was looking for and up sharply from […]

Interactive Brokers / Polar Capital (Clone of FCA Authorised Firm)

Unauthorised firm details Name: Fortresscapital / fortress-capitalfxpro.com Address: Level 39, One Canada Square, Canary Wharf, London, UNITED KINGDOM, E14 5AB Telephone: +13012760136 Email: [email protected] Website: www.fortress-capitalfxpro.com Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details […]

Brent Brent quotes have broken the 200-day Moving Average on H4 and are now above it, indicating a probable development of an uptrend. The RSI has rebounded from the support line. In this situation, further growth to the resistance level of 6/8 (78.12) is to be expected. The scenario can be cancelled by a downward […]