Weekly technical analysis

The pair has drawn Double Bottom on daily graph. The pair’s resistance 1.3650. If the pair breaks this level, then the pair will start working out this figure. The end of the figure is at 1.3960. Only unfilled can stop pair from rising. The pair may decline to the gap’s level at 1.3500.
EURUSD

The pair has drawn Double Bottom on daily graph. The pair’s resistance 1.3650. If the pair breaks this level, then the pair will start working out this figure. The end of the figure is at 1.3960. Only unfilled can stop pair from rising. The pair may decline to the gap’s level at 1.3500.

Resistance:   1.3749, 1.3855, 1.3960

Support:  1.3500,  1.3433, 1.3229

GBPUSD

The pair has broken 1.5252 and aiming to Moving Average (200) at 1.5760, in case 1.5484 will be broken.

Resistance:  1.5484, 1.5672, 1.6854

Support:  1.5252, 1.4845, 1.4648

USDCHF

The pair has tested Moving Average (500) at 1.0777 and rolled back. The pair may try to fill the gap at 1.0655.

Resistance:  1.0618, 1.0726, 1.0821

Support:   1.0514, 1.0430, 1.0380

USDJPY

The pair declined to 92.58. The pair’s aim to reach 96.40. It will be possible if the pair breaks 96.40.

Resistance:  93.77, 94.90, 96.40

Support:  92.58, 91.25, 90.04

AUDUSD

The pair has reached resistance at 0.9336. Now the pair is rolling back to 0.9177.

Resistance: 0.9336, 0.9490, 0.9639

Support: 0.9177, 0.8903, 0.8724

 
Current bonus promotion: Get 30% bonus on your first deposit.

If you open and fund a new trading account with us, you can be eligible for our current bonus offer which gives you up to $3000 cash bonus on your deposit. This surely will boost your available balance and increase your trading ability. Full details of the bonus offer are available here.

New deposit method – credit cards.

You can now fund your trading account instantly with all major credit cards. Quick and easy. Simply choose “credit cards” in the deposit form menu and submit a secure form to fund your trading account. Once the payment is authorized by our payments provider, your account will be credited and you can start trading. If you have any questions, our staff is happy to help at payments@forex-metal.com  or via online chat.

 
Cash rebate and other updates.

Get a rebate for your own trades.

Cash back rebate is now available for active traders. You can get 0.5 per every lot you trade as a cash rebate back into your account. The conditions of the rebate offer are posted here:

The company commenced operations in January 2007, established by a professional gold and foreign exchange dealer with over 10 years of experience. Currently domiciled and regulated in Panama.Author Risk Warning: You should not invest in FX or CFD the money you cannot afford to lose. An investment in FX and CFD is potentially risky to the investor, and in some cases the investor may not get back the amount he has invested. With... More