اب سے ہم Elev8 ہیں

ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور  ترقی کے لیے درکار ہو، ایک  ہی جگہ پر  ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟

Forex: USD/JPY at upper 91 area

The USD/JPY went for a big drop yesterday, failing to hold at 94.00 and tumbling more than 300 pips to 90.91 low. A retracement to 92.75 followed but didn't last long, as the Asian session brought the pair back down. At the moment of writing, the market seems tempted at trading at 91.50/92.00 range.

Great demand for the Japanese Yen took place "as it became clear that Italy would have to return to the polls after a deadlock/hung parliament vote count, with the strong anti-austerity vote the key concern", wrote TD Securities analysts, explaining that  Italy is not a ‘program’ country, at risk of default with bailout funds contingent on abiding to a strict austerity program.

"We can only assume at this point that risk has reverted to the downside", wrote Commerzbank analyst Karen Jones, expecting loss of 90.26 to trigger a slide to 88.05, the 38.2% retracement of the same move.

Forex Flash: EUR/USD next support at 1.2998 - Commerzbank

The EUR/USD returned to point of break down from its previous 3 month uptrend and collapsed lower: "We have an initial downside target to 1.2679/61, this is the 61.8% retracement of the move up from July 2012 and the November 2012 low", wrote analyst Karen Jones, pointing to initial support at 1.3075/3, the 38.2% retracement of the same move has already been reached. Below, there is 1.2998 then 1.2885/76 – the 7th December low and 78.6% retracement. "Near term rebounds should find initial resistance at 1.3180, 1.3260 and that the previous 3 month trendline should now act as resistance at 1.3336/48", she added.
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Forex: AUD/USD in session lows, around 1.0250

The Aussie dollar is facing renewed selling pressure ahead of the European open on Tuesday, dropping to session lows in the region of 1.0240/50...
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