BREAKING:Technical maintenance to be carried out this weekend to optimize the performance of trading servers

BREAKING:Technical maintenance to be carried out this weekend to optimize the performance of trading servers

Please be aware that on 28.02.2021 from 09:00 to 23:59 (GMT+2) the following trading servers of the company will be under maintenance: LiteForex-ECN.com; LiteForex-Classic2.com; LiteForex-Cent2.com; All MT5 servers In this regard, during this period, you may not be able to access trading accounts located on the aforementioned servers in trading platforms. During the maintenance, you […]

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USDCAD is facing bearish pressure, potential for further downside!

USDCAD is facing bearish pressure, potential for further downside!

USDCAD is facing bearish pressure from its first resistance at 1.2873, in line with the 100% fib extension and horizontal swing high resistance, where we could see a further drop above this level towards 1st support where 61.8% fib retracement is. Trendline still supports a bounce after the pullback. Trading Recommendation Entry: 1.2873 Reason for […]

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GBPUSD holding above ascending trendline! Further rise incoming!

GBPUSD holding above ascending trendline! Further rise incoming!

Price is holding above ascending trendline support with stochastic indicator testing support where price bounced in the past. A further push up above 1st support at 1.36800 towards 1st resistance at 1.37192 could be likely. Trading Recommendation Entry: 1.36800 Reason for Entry: 38.2% Fibonacci retracement Take Profit: 1.37192 Reason for Take Profit: 61.8% Fibonacci retracement […]

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