Author - admin_fx20

Silver analysis for 12.09.2023

Silver's recent behavior highlights a potential volatility squeeze as indicated by the tightened Bollinger Bands. Typically, this contraction could precede a significant price movement. Concurrently, the RSI's ascent from near-oversold levels (around 30) to a neutral stance (around 50) suggests a shift in momentum from bearish to neutral. Together, these indicators hint at a possible upcoming price direction change, though the direction remains uncertain. • There is a resistance level at...

USDCAD analysis for 11.09.2023

The recent technical indicators for the USD/CAD currency pair are hinting at a bearish momentum. The short-term Simple Moving Average (SMA) crossing below the long-term SMA often suggests a potential downward trend, indicating that sellers are gaining control. This bearish sentiment is further supported by the MACD (Moving Average Convergence Divergence) line crossing below its signal line. The negative reading of the MACD histogram at 0.00069 reinforces the possibility of...

EURCHF analysis for 08.09.2023

On the 4-hour EURCHF chart, price action is predominantly in the upper half of the Bollinger Bands, hovering near the upper band. This typically hints at a recent bullish sentiment. However, the Bollinger Bands' narrowing suggests decreasing volatility, potentially signaling a consolidation or a change in trend. The shift in the Parabolic SAR dots from below to above the price, with three consecutive dots, often indicates a potential bearish reversal....

Gold analysis for 05.09.2023

The Gold market is currently facing a potential resistance indicated by a green Ichimoku cloud ahead. The histogram on the indicator reflects weak bearish momentum with a red hue. Traders might observe these elements as potential signals of impending price movement or a potential reversal, taking into consideration the interaction between price and the Ichimoku cloud as well as the strength of the histogram color.• There is a resistance level...

Labor Day Announcement 2023

Dear Clients, Please note that due to the Labor Day celebration in the USA, on September 4, 2023 the trading hours for Metals (GOLD, SILVER, GOLDEURO, SILVEREURO, Palladium, Platinum) instruments will be changed. Trading on these instruments will be closed from 19:45 EET September 4, 2023 to 01:05 EET September 5, 2023. Please don't hesitate to contact us if you have any questions! Best Regards, Fxglory Management Team  

Independence Day Announcement 2023

Dear Clients, There will be a temporal change of the trading session schedule due to celebration of Independence Day in the USA. Please be informed that due to the celebration of Independence Day in the USA the 4th of July 2023, trading session schedule for the Metal instruments shall be restricted from 19:45 EET 04.07.2022 till 01:15 EET 05.07.2022. Please don't hesitate to contact us if you have any questions! Best Regards, Fxglory...

Juneteenth – US 2023

Dear Clients, Please be informed that due to the Juneteenth Holiday in the USA on the 19th of June 2023, trading session schedule for Metals shall be changed. Trading with the mentioned above instruments shall be restricted since 19:45 EET 19.06.2023 till 01:05 EET 20.06.2023. Best Regards, Fxglory Management Team

Juneteenth – US 2023

Dear Clients, Please be informed that due to the Juneteenth Holiday in the USA on the 19th of June 2023, trading session schedule for Metals shall be changed. Trading with the mentioned above instruments shall be restricted since 19:45 EET 19.06.2023 till 01:05 EET 20.06.2023. Best Regards, Fxglory Management Team

Memorial Day 2023

Dear Clients, Please be informed that due to the celebration of Memory Day in the USA on the 29th of May 2023, trading session schedule for Metals shall be changed. Trading with the mentioned above instruments shall be restricted since 19:45 EET 29.05.2022 till 01:15 EET 30.05.2022. Best Regards, Fxglory Management Team

Temporary Leverage Restrictions on May 29, 2023

Dear Clients, Please note that Due to the upcoming bank holidays on May 29th, 2023, we anticipate the possibility of low liquidity and potential unconventional market movements during this period. As a result, we feel it is essential to provide you with this advance notice to ensure you are well-informed and prepared that trades opened using leverages more than 1:100 are not guaranteed on this day. Best Regards, Fxglory Management Team