TRANSACTION UPDATE: In order to maintain seamless processing of deposits and withdrawals, we recommend using our alternative channels. This change is due to recent upgrade to Zenith and GTB systems. Monie Point Account Name: FRNG Account Number: 8261977777, Wema Bank Account Name: FRNG Limited Account Number: 0122598731

Morning Insights 6th December

Instrument: EURUSDIntraday: BearishTechnical AnalysisPreference:  Sell position is envisaged if price trades below 1.11020 with take profit at 1.10975. Alternative scenario: Buy positio...

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Razvan Mihai


Morning Insights 5th December

Instrument: OILIntraday: BullishTechnical AnalysisPreference: Buy position is envisaged if price trades above 63.00 with take profit at 63.70.Alternative scenario: Sell position is envisaged if price ...

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Razvan Mihai


DE30 - High Volatility

DAX30 has been quite volatile in past couple of months. Due to the Brexit votes and and UK Parliamentary voting, every economic indicator has the power to change the direction of DE30 on  a short...

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Razvan Mihai


Morning Insights 4th December

Instrument: GOLDIntraday: BullishTechnical AnalysisPreference:  Long position is envisaged with take profit at 1486.96;Alternative scenario: Short position is envisaged if price trades below ...

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Razvan Mihai


Gold reached the target

As we were expecting in our prior analysis the price of Gold broke through the upper line of the triangle. After the first rally came back to retest 1412.00 support before another rally all the way to...

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Razvan Mihai


ECB - Boost for EURUSD 25th July

ECB - Boost for EURUSD 25th JulyToday’s ECB monetary policy meeting acted as a boost for the EUR, though the overall outlook doesn’t look bright. As key points to take from Draghi’s Q&A at t...

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Razvan Mihai


Gold - Symmetrical Triangle

Starting from 30th of May, the price of Gold entered in a strong uptrend. The aggressive upward move got the price from $1274 per ounce to $1438 in less than a month, thus reaching the highest value s...

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Razvan Mihai

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