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ethereum

ETHUSD analysis for 06.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The ETHUSD pair reflects the exchange rate between Ethereum (ETH) and the US Dollar (USD). Fundamental factors that influence this cryptocurrency pair include technological developments within the Ethereum blockchain, regulatory news impacting cryptocurrencies, and the broader economic sentiment influencing the US Dollar. Investor sentiment around Ethereum's network upgrades, such as the transition to Ethereum 2.0, along with the US monetary policy and...

November 6, 2023By Forex NewsRead more...
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Exciting News: Introducing MetaTrader 5

Dear Clients, We are thrilled to announce a major upgrade to our trading platforms – MetaTrader 5 (MT5)! being added to the broker Starting Monday, November 13th, 2023, you will have the opportunity to trade with enhanced features and capabilities through MT5 at FXGlory. What's New with MT5? MetaTrader 5 is a cutting-edge trading platform designed to take your trading experience to the next level. With MT5, you'll have access to a wide...

November 4, 2023By Fxglory NewsRead more...
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Some changes applied to account types

Dear Clients, We hope this message finds you well. We are excited to share some significant updates regarding our trading platform and account types, aimed at enhancing your trading experience. Removal of CIP Account Type:We have made the decision to remove the CIP account type from our offerings. This change is part of our ongoing efforts to streamline our account types and provide a more efficient trading environment. Premium Account Spread Adjustment:We have...

November 4, 2023By Fxglory NewsRead more...
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GBPAUD analysis 03.11.2023

Time Zone: GMT +2Time Frame: 4 Hours (H4) Fundamental Analysis:The GBPAUD currency pair represents the exchange rate between the British Pound and the Australian Dollar. Key determinants of this pair include monetary policy decisions from both the Bank of England (BoE) and the Reserve Bank of Australia (RBA). Additionally, trade relations, geopolitical events, and major economic indicators, such as employment statistics and inflation rates from both nations, significantly influence the pair's...

November 3, 2023By Forex NewsRead more...
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AUDUSD analysis 02.11.2023

 Fundamental Analysis:The EUR/USD pair exhibits signs of bearish momentum, as underscored by a number of technical and fundamental indicators. The Relative Strength Index (RSI) stands at 45.15, approaching the oversold territory but not quite there yet, suggesting there might be more room for downward movement. The Ichimoku Cloud has turned red, which typically indicates a bearish trend. Furthermore, the price candles are currently inside this cloud, suggesting a period of...

November 2, 2023By Forex NewsRead more...
EUR

EURJPY analysis 1.11.2023

 Fundamental Analysis:The EUR/USD pair exhibits signs of bearish momentum, as underscored by a number of technical and fundamental indicators. The Relative Strength Index (RSI) stands at 45.15, approaching the oversold territory but not quite there yet, suggesting there might be more room for downward movement. The Ichimoku Cloud has turned red, which typically indicates a bearish trend. Furthermore, the price candles are currently inside this cloud, suggesting a period of...

November 1, 2023By Forex NewsRead more...
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EURJPY analysis for 31.10.2023

The EURJPY 4H chart shows signs of market consolidation within the Bollinger Bands. The currency pair has been oscillating between the upper and lower bands, indicating periods of volatility followed by stabilization. Notably, the Parabolic SAR dots, initially above the price candles suggesting a bearish trend, have recently moved below them, hinting at a possible bullish reversal. However, the proximity of the price candles to the middle Bollinger Band indicates...

October 31, 2023By Forex NewsRead more...
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Daylight Saving Announcement 2023

Dear Clients, Due to the daylight-saving time clock ending in Europe on October 29 and considering the fact that USA will shift clocks on November 5, some alterations will be made to the trading sessions from October 30 to November 3. Start of trading time will be Monday 00:05 GMT+2 and it will finish Friday 23:00 GMT+2. Please note that Trading hours for Metals will be shifted one hour back in this...

October 29, 2023By Fxglory NewsRead more...
CAd

AUDCAD analysis for 27.10.2023

The AUD/CAD pair currently displays a notable configuration in its technical indicators. In the MACD indicator, both the signal line and the MACD line are positioned above the histogram, indicating bullish momentum. Additionally, the histogram bars are in green, reinforcing the bullish sentiment. However, the signal line cutting the MACD line downward suggests a potential weakening of this momentum. In the Moving Averages (MA), the MA line is positioned below...

October 27, 2023By Forex NewsRead more...
NZD

NZDUSD analysis for 26.10.2023

The NZDUSD 4H chart illustrates the interaction of the Ichimoku, Bollinger Bands, and MACD indicators. The price movement below the Ichimoku cloud indicates a prevailing bearish trend. This is further supported as the price frequently tests the lower Bollinger Band. The MACD histogram, situated mainly below the zero line, emphasizes the bearish momentum. However, the nearing of the MACD and its signal linesuggests potential consolidation or a forthcoming change in...

October 26, 2023By Forex NewsRead more...