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76.09% of retail investor accounts lose money when trading CFDs with this provider.

Trade Ideas

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February 4, 2022
by Joseph Jeffriess, Market Analyst

Your Crypto Focus: 5th – 11th February

We have seen a mixed week trade wise, after last week’s fightback that snapped the prior week plunging lows. The top ten and top 20 look quite similar on the weekly charts, with buyers fighting back into the positive after an average start of the week. Bitcoin and...
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February 2, 2022
by Joseph Jeffriess, Market Analyst

Crypto Update: Cardano holding after key support test

Today we’re looking at Cardano (ADA) as price continues to hold above key support after January’s test. Currently, price has started to pull back most of today’s losses so the bar below is not as bearish as it is shown. We look to be at a bit of a crossroads with...
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February 1, 2022
by Joseph Jeffriess, Market Analyst

Crypto Update: Has Oxygen (OXY) started a new move higher?

Hi traders, today we’re looking at Oxygen or OXY. The focus is on the current up leg that started on the 24th of January and, for now, continues to gather upward momentum. This market update is going to solely focus on the current technicals we’re seeing below on the D1...
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January 31, 2022
by Joseph Jeffriess, Market Analyst

CFD News: Gold signs of demand after trend break

Hi traders, focus is on gold today as we watch demand and support levels continue to develop. Gold took a mighty dive last week after the USD took flight sinking risk markets in its wake. Gold was looking good, trading up to $1850 before momentum shifted. The move looks to...
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January 21, 2022
by Joseph Jeffriess, Market Analyst

Your Crypto Focus: 22nd – 28th January

This week has been another shocker for Cryptos. After setting up recovery last week we’ve seen those gains taken away and in many coins new weekly and monthly lows reached. Selling kicked off mid week when US treasury yields raced back to levels not seen since the start of...
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January 20, 2022
by Joseph Jeffriess, Market Analyst

Forex Update: USDJPY support watch 114.08

Hi traders, today we’re taking a look at the USDJPY as price continues to show signs of support. Looking at the daily chart we can see that 114.08 continues to show signs of support holding firm for buyers since the 13th. Not only does this level sit just above a round...
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January 18, 2022
by Joseph Jeffriess, Market Analyst

CFD Update: NDX100 starting a new leg lower?

Hi traders, today we’re looking at the NDX100 CFD index, which tracks the Nasdaq as its price crashed through a support point we have been watching since last week. As mentioned, we spent most of today watching 15,500 which is a secondary support level below 15,600. This...
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January 14, 2022
by Joseph Jeffriess, Market Analyst

CFD Update: Has Gold found resistance?

Hi traders, to end the week we’re looking at Gold, as price looks to have found resistance after what has been a positive week so far. Looking at the current situation, we can see that the main trend is an uptrend. Вe can see the last move higher started from a resistance...
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January 14, 2022
by Joseph Jeffriess, Market Analyst

Your Crypto Focus: 15th – 21st January

This week is looking like a fightback week for crypto markets. After weeks of weakness, we finally saw some firm buyer demand sweep in last Tuesday. Not only the top traded higher, but we saw nice gains across the boards. SHIB has put on 16% after doing very little for a...
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