Recent Articles by Mex Group

About mexgroup

MultiBank Exchange Group (MEX Group) is a multinational financial derivatives dealer. Established in California in 2005, MEX has offices in several countries around the world, including the US, the UK, Australia and China. Mex Group is regulated by the Australian Securities and Investment Commission (ASIC) in Australia, the Ras al Khaimah Free Trade Zone (RAK) in the United Arab Emirates and the Financial Services Commission (FSC) in the British Virgin Islands. mexgroup.com

Daily Market Report – USD/CAD Focused On Correction August 21, 2017

USD/CAD Targeting New Lows USD/CAD opened with a gap down in the morning and looks determined to take out another support level. Is trading in the green right now even if the USDX is going down aggressively after another failure to take out the 93.81 static resistance. USDX is approaching the 93.00 psychological level and … Continue reading “Daily Market Report – USD/CAD Focused On Correction August 21, 2017”

The post Daily Market Report – USD/CAD Focused On Correction August 21, 2017 appeared first on mexgroupblog.

Daily Market Report – GBP/USD needs a bullish spark August 21, 2017

GBP/USD Could Buyers Take It Higher? GBP/USD Posted little gains today and needs a spark to be able to start another bullish momentum. Is trading in the green right, but looks undecided. I hope that we’ll have a trading opportunity very soon because looks like that the USD will decrease a little on the short … Continue reading “Daily Market Report – GBP/USD needs a bullish spark August 21, 2017”

The post Daily Market Report – GBP/USD needs a bullish spark August 21, 2017 appeared first on mexgroupblog.

Daily Market Report – USD/CHF Another Leg Higher August 21, 2017

USD/CHF Inverse Head and Shoulders? The USD/CHF increased and is trying to recover after the last downside movement.Is trading in the green and looks determined to resume the Friday’s bullish candle. Price was rejected by a strong dynamic support and now is approaching an important dynamic resistance. However, we may still need a confirmation that … Continue reading “Daily Market Report – USD/CHF Another Leg Higher August 21, 2017”

The post Daily Market Report – USD/CHF Another Leg Higher August 21, 2017 appeared first on mexgroupblog.

Investors’ Focus Turns To Jackson Hole Fed Conference in Wyoming This Week 21-8-21

 Dollar Moves Away From Friday’s 4-Month Low Vs Yen. The dollar inched up early on Monday, moving away from the four-month low against the yen weighed in the previous session on concerns that White House personnel changes will impair President Donald Trump’s ability to pass tax reform and stimulus measures. The dollar was up 0.1 percent … Continue reading “Investors’ Focus Turns To Jackson Hole Fed Conference in Wyoming This Week 21-8-21”

The post Investors’ Focus Turns To Jackson Hole Fed Conference in Wyoming This Week 21-8-21 appeared first on mexgroupblog.

Daily Market Report – USD/CAD bears in action August 18, 2017

USD/CAD Rejected By Static Resistance USD/CAD slips lower on the daily chart as the bears have taken control again. Price drops as the dollar index failed to close above the 93.81 horizontal resistance, signaling that another drop is favored on the short term. Technically the USD/CAD is expected to decrease further on the short term, … Continue reading “Daily Market Report – USD/CAD bears in action August 18, 2017”

The post Daily Market Report – USD/CAD bears in action August 18, 2017 appeared first on mexgroupblog.