-The last FXTW noted that “the failed breakout could be bearish but EURUSD is still in a range (could end up as a triangle or flat from the 2015 low) and levels to pay attention to are 1.0872 (year open) and 1.0820 (May and July 2015 lows). The low this week was 1.0825 (on support). There’s no reason to get fancy here...this is a range and upside levels to pay attention to within the range are 1.1180 and 1.1250. A break above 1.1500 would argue for the flat pattern interpretation into the mid-1.20s.
-GBP/USD has retraced a good portion of last week’s ‘Brexit’ decline. FXTW came into this week looking for support near the 2009 weekly closing low of 1.3793. It was never reached as the open was more or less the low. Cable is finishing the week near the high. A close on last week’s low and the low to high move this week leave us with a ‘tweezer bottom’ candlestick formation (FXTW pointed out tweezer bottoms in AUD/USD at the September and January lows). This is a reversal pattern. The fact that the pattern formed amid the chaos of headlines (sentiment extreme on ‘BREXIT’) and at a confluence of trendlines (see below) indicates increased risk for a decent sized bounce.
-Regarding AUD/USD, FXTW has maintained since the start of 2016 that “divergence with RSI on the weekly serves as a bullish reversal warning and that resistance may reside in the mid .7400s.” AUD/USD has pressed into the mid.7400s. The 55 week average is up here, which has been OK as a long term trend filter but this is also the slope line that was support in September and November 2014 before the breakdown and resistance in May 2015. A big decision looms for AUD/USD here.
-Recent comments in this space were that “NZD/USD strength continues to fail just shy of the long term median line, which is in line with horizontal resistance from last July. Bearish wicks on recent weekly candles don’t bode well for the Bird either.” NZD/USD took out all those bearish wicks on this week’s rally. The rate remains below the October and January highs but has traded just above the long term median line. Allowing for near term setbacks, risk looks higher now.
-There is no change to longer term USD/JPY comments. “USD/JPY has completed a head and shoulders pattern and the objective is mid-105.00s. There is a lot at 105, including the top side of the 2002-2007 line, the January 2014 high, and October 2014 low. Trading levels to be aware of include 110.00s (October 2014 high) and 115.50s-116.20s (breakdown level).”
-There is no change to longer term USD/CAD comments. “USD/CAD topped at 1.4689 in January (78.6% of 2002-2007 decline) and is nearing the 61.8% measurement / October 2015 high at 1.3462. That level could provide support but the any bullish operations may want to hold off until the 55 week average / internal trendline near 1.30 given the break below a 9 month trendline.”
-USD/CHF is consolidating and there is nothing else to add to previous comments regarding the longer term picture at this time. “Some extremely long term technical considerations are worthy of note when looking at USD/CHF. Read about them here. Levels for possible support on this decline are .9595 (trendline and January 2012 high) and just below .9400 (trendline and 200 week average).”
Bonus Chart
Gold Weekly
Chart Prepared by Jamie Saettele, CMT
-The weekly close above the line that extends off of the August 2013 and 2014 highs in gold is a positive. The line was resistance on the initial run-up 3 weeks ago. A parallel extended from the November 2014 low was support in July and November 2015. So, clearly this line represents an ‘angle of influence’. Allowing for near term consolidation into 1220/40 (Friday’s action does fell like a near term top...lots of noise on Twitter today as gold moved higher), broad focus is higher into 1335/45. This zone is defined by the expansion of this recent range, the July 2014 top (July 2014 was a big top for AUD/USD and THE top for NZD/USD), and the 200 week average.
-The last FXTW noted that “the failed breakout could be bearish but EURUSD is still in a range (could end up as a triangle or flat from the 2015 low) and levels to pay attention to are 1.0872 (year open) and 1.0820 (May and July 2015 lows). The low this week was 1.0825 (on support). There’s no reason to get fancy here...this is a range and upside levels to pay attention to within the range are 1.1180 and 1.1250. A break above 1.1500 would argue for the flat pattern interpretation into the mid-1.20s.
-GBP/USD has retraced a good portion of last week’s ‘Brexit’ decline. FXTW came into this week looking for support near the 2009 weekly closing low of 1.3793. It was never reached as the open was more or less the low. Cable is finishing the week near the high. A close on last week’s low and the low to high move this week leave us with a ‘tweezer bottom’ candlestick formation (FXTW pointed out tweezer bottoms in AUD/USD at the September and January lows). This is a reversal pattern. The fact that the pattern formed amid the chaos of headlines (sentiment extreme on ‘BREXIT’) and at a confluence of trendlines (see below) indicates increased risk for a decent sized bounce.
-Regarding AUD/USD, FXTW has maintained since the start of 2016 that “divergence with RSI on the weekly serves as a bullish reversal warning and that resistance may reside in the mid .7400s.” AUD/USD has pressed into the mid.7400s. The 55 week average is up here, which has been OK as a long term trend filter but this is also the slope line that was support in September and November 2014 before the breakdown and resistance in May 2015. A big decision looms for AUD/USD here.
-Recent comments in this space were that “NZD/USD strength continues to fail just shy of the long term median line, which is in line with horizontal resistance from last July. Bearish wicks on recent weekly candles don’t bode well for the Bird either.” NZD/USD took out all those bearish wicks on this week’s rally. The rate remains below the October and January highs but has traded just above the long term median line. Allowing for near term setbacks, risk looks higher now.
-There is no change to longer term USD/JPY comments. “USD/JPY has completed a head and shoulders pattern and the objective is mid-105.00s. There is a lot at 105, including the top side of the 2002-2007 line, the January 2014 high, and October 2014 low. Trading levels to be aware of include 110.00s (October 2014 high) and 115.50s-116.20s (breakdown level).”
-There is no change to longer term USD/CAD comments. “USD/CAD topped at 1.4689 in January (78.6% of 2002-2007 decline) and is nearing the 61.8% measurement / October 2015 high at 1.3462. That level could provide support but the any bullish operations may want to hold off until the 55 week average / internal trendline near 1.30 given the break below a 9 month trendline.”
-USD/CHF is consolidating and there is nothing else to add to previous comments regarding the longer term picture at this time. “Some extremely long term technical considerations are worthy of note when looking at USD/CHF. Read about them here. Levels for possible support on this decline are .9595 (trendline and January 2012 high) and just below .9400 (trendline and 200 week average).”
Bonus Chart
Gold Weekly
Chart Prepared by Jamie Saettele, CMT
-The weekly close above the line that extends off of the August 2013 and 2014 highs in gold is a positive. The line was resistance on the initial run-up 3 weeks ago. A parallel extended from the November 2014 low was support in July and November 2015. So, clearly this line represents an ‘angle of influence’. Allowing for near term consolidation into 1220/40 (Friday’s action does fell like a near term top...lots of noise on Twitter today as gold moved higher), broad focus is higher into 1335/45. This zone is defined by the expansion of this recent range, the July 2014 top (July 2014 was a big top for AUD/USD and THE top for NZD/USD), and the 200 week average.
Clearstream to Settle LCH-Cleared Equity Contracts
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
