Amega is a global brokerage firm that has been
quickly rising within the world of finance.

Since
its inception, Amega’s goal has been to make trading simple and accessible to
traders of all levels, from beginner to professional. It accomplishes this by
introducing innovative technologies and providing streamlined services and
simple solutions to ensure a smooth experience from the moment of registration
to the closing of a trading position.

Regulation
– Security and transparency:

With a business
model that makes sure the client comes first, Amega has built a reputation
based on transparency and respect for regulation in order to ensure that the
rights of its investors are always protected. For the time being, Amega is
authorized, licensed, and regulated by the Mauritius Financial Services
Commission, under investment license No. GB22200548, however, it is working
towards acquiring additional licenses that will help solidify it as one of the
most trustworthy brokerage firms in the world.

Amega takes great
pride in making sure that client data, as well as their funds, are secured
behind multiple layers of protection and works only with reputable payment
solutions that are known for their safety and speed of execution.

Ensuring
equal treatment:

In an effort to
make trading more fair for all investors, Amega has abolished dated notions
such as VIP accounts, which promote better services only for clients who can
afford higher investments. Instead, Amega focuses on offering the same
excellent market conditions to all clients, regardless of the amount of their
investment

Promoting
freedom in trading strategies:

Amega
always measures its success by the success of its investors. As such, it firmly
believes that every trader should have access to the tools and strategies that
can afford them a better chance of fulfilling their potential. For this reason,
Amega encourages investors to use any trading strategy they believe can provide
them with an edge in the markets, including scalping, hedging, and even trading
robots (Expert Advisors).

By not imposing
limitations or bans on trading strategies, Amega offers a trading environment
where anyone can thrive.

Constant
Evolution:

As
a client-driven brokerage firm, Amega constantly evolves in order to add more
diversity to its extensive portfolio of tradable assets, as well as
implementing new technologies, features, and incentives to keep traders
motivated and allow them to reach beyond their limitations. Some of these
features include:

Loyalty
Cashback Program:

Amega
offers volume-based cashback for every single trade regardless of
the market direction. This initiative allows traders to better manage their
risk, compensate for spreads, and enhance their potential profitability. The
rewards earned from the Loyalty program can be withdrawn as physical cash once
the minimum withdrawal amount required is reached.

Amega
Bonus:

When
it comes to enhancing the equity of its investors, Amega offers an optional bonus of up to 150% of the deposit amount.

Contests:

Amega
periodically holds competitions in both the live markets and on demo accounts
to provide traders with the opportunity to test their skills and strategies and
the incentive to improve on them. These contests most often offer rewards in
the form of cash prizes or additional bonuses.

Global
Payment Solutions:

Amega
offers a diverse array of payment solutions and processors that cater to
clients from all over the world. These include a number of different methods
that can be used for deposits and withdrawals, including:

• Bank cards
• Wire Transfers
• E-Wallets
• QR Codes
• Crypto-Fiat.

These
methods offer fast and secure transactions from anywhere in the world.

Diverse
Accounts for every need:

Amega
offers three different account types that offer something different and cover
the needs of even the most demanding traders.

• Standard Account: The primary
  account type that offers excellent market conditions and benefits such as
  Cashback and the option of a deposit bonus,
• Raw Account: Offers ECN
  conditions, including spreads starting from 0 pips. A highly requested account
  type that is generally a fan-favorite. Deposit bonus is optional.
• Islamic Account: A swap-free
  account that is unique in its simplicity. There are no requirements for proof
  of religion or long waiting periods. With Amega, Islamic accounts can be
  created with just a few clicks. Also offers an optional deposit bonus.

Asset
Classes offered:

Amega
offers a number of tradable assets, making sure to add even more options as
demand rises.

Tradable
asset classes include:

• Forex (Currency Pairs)
• Stocks
• Indices
• Precious Metals
• Energies
• (Agricultural) Commodities

Outreach:

Since
the beginning, Amega has been active in many expos and trade fairs around the
world, including places like Thailand, Vietnam, and South Africa.

Amega
has also had the honor of hosting a number of successful seminars and webinars
with some of the biggest names in the industry from these countries.

The
ongoing relationship with some of the leading experts in the trading world is a
testament to the way Amega approaches its responsibility to investors and the
high quality of services it provides.

Market
updates and educational material

Amega wants
to make sure every client meets his full potential as an investor. This is why
it releases various articles and educational emails from the official “Amega
Geek” that help provide insight into the markets and serve as a base for
understanding various aspects of trading. Amega always encourages its clients
to learn about trading in their own ways and practice their skills and
strategies on a Demo account before jumping into the live markets.

Support:

Amega
has a dedicated support team that is ready to assist with any questions via
live chat, email, or call. They even offer a callback service, as well as a
comprehensive Help Center, which includes an evolving library of helpful
articles that cover everything from registration to actual trading. The
implementation of an automated assistant in the live chat ensures 24/7 support
in multiple languages.

Partnership:

Amega’s
award-winning Partnership Program offers custom conditions
tailor-made to the needs of each individual IB or affiliate, as well as one of
the most generous reward schemes in the market.

By
understanding the importance of a good IB/affiliate, Amega aims to create
long-lasting and mutually beneficial partnerships.

The
partnership program is separated into two types:

• The Revenue Share (RS) program
  which offers rewards based on the volume generated by referrals from their
  trades

and,

• The Cost Per Action (CPA) Program,
  which offers rewards based on the number of referrals who are onboarded.

Awards:

Amega
has had the distinct honor of receiving numerous awards that reflect its
outstanding services, as well as the constant improvement it undergoes. These
awards include:

• Rising Star in Forex (by World
  Business Outlook)
• Most Transparent Broker (by the
  Forex Broker Alliance)
• Best IB program (World Finance
  Awards)
• Best Islamic Account (World Forex
  Awards)

Conclusion:

Amega is constantly proving its commitment to
excellence through actions that speak louder than words.

By
providing a safe and transparent trading environment for investors of all
levels, constant upgrades that keep it at the top of its game, excellent market
conditions, and services that bring out the highest potential in its clients,
Amega has become a perfect example of what a broker should be.

This article was written by ForexLive at www.forexlive.com.

Last
Friday, the Dow Jones diverged with the other major indices as the market
finished the day negative. Overall, the path of least resistance remains to the
upside given the pickup in economic data with even the leading indicators
turning around. There are still risks on the inflation front though, but the
market looks confident that even if we see some short-term reacceleration, the
Fed will just keep rates steady and if the economy is able to support them,
then it might be even better. Nonetheless, a hot CPI report could provide a
pullback, so that would be something to watch out for.

Dow Jones Technical
Analysis – Daily Timeframe

On the
daily chart, we can see that the Dow Jones is now at a key trendline, and
this is where we can expect the buyers to step in with a defined risk below the
trendline to position for new highs. The sellers, on the other hand, will want
to see the price breaking lower to invalidate the bullish setup and position
for a pullback into the 37777 support.

Dow Jones Technical
Analysis – 4 hour Timeframe

On the 4 hour chart, we can see that
the price has been breaking resistances and retesting them before going up in a
perfect textbook manner. We can also notice that the price is now retesting one
of those resistances now
turned support where we can also find the red 21 moving average for confluence. This
is where we will likely find the buyers bidding up the price while the sellers
will want to wait for a break to the downside to confirm the pullback into the
37777 support.

Dow Jones Technical
Analysis – 1 hour Timeframe

On the 1 hour chart, we can see more
closely the recent price action with the Dow Jones consolidating between the
38550 support and the 38800 resistance. This looks like a market primed for a
big move as soon as we get a breakout on either side.

Upcoming Events

This week is relatively light on the data front with the
US CPI report being the main highlight. We start tomorrow with the release of
the US CPI where the market will want to see if there are indeed signs of a
reacceleration or not. On Thursday, we will get the latest US Jobless Claims
figures, while on Friday we conclude the week with the US PPI and the
University of Michigan Consumer Sentiment survey.

This article was written by FL Contributors at www.forexlive.com.

With the focus being on big US data this week, Treasuries will continue to stay under the spotlight once again. The rebound in 10-year yields since the non-farm payrolls is now turning the attention back to the January ceiling near 4.20%. For today, 10-year yields are down slightly by 1 bps to 4.175% but all eyes are on the US CPI data tomorrow.

That could be what bond sellers are looking for in raising the bar above the highlighted level of 4.20%. If so, that will have spillover impact to broader markets surely on the week.

Just keep in mind that the inflation numbers tomorrow isn’t the only big US data on the agenda this week. There will still be retail sales on Thursday, followed by producer prices and the University of Michigan consumer sentiment survey on Friday as well.

If yields are to turn lower and back away from the 4.20% mark towards 4% and below again, that should drag the dollar down along with it. As for risk trades, the S&P 500 is hoping for that to solidify a clear break above 5,000 from last week.

This article was written by Justin Low at www.forexlive.com.

The upcoming week will be packed with economic events, but it will start with bank holidays in Japan and China due to the National Foundation Day and the Spring Festival, respectively.

On Tuesday, New Zealand will release its inflation expectations quarter-on-quarter (q/q) data. Last month, two-year ahead inflation expectations declined to 2.76%. While this remains above the Reserve Bank of New Zealand’s (RBNZ) 2% target, short-term expectations have seen a more pronounced drop, but long-term expectations (5 years ahead) have been much stickier. The continued strength in domestic inflation remains a concern for the RBNZ so the bank will closely monitor this survey to assess if the downward trend continues.

The focal point of the week will be the U.S. inflation data. Expectations suggest a 0.3% increase in core CPI month-on-month (m/m), compared to the previous 0.3%; a 0.2% rise in CPI m/m, down from the prior 0.3%; and a projected drop in CPI year-on-year (y/y) to 2.9% from 3.4%. While inflation in the U.S. appears to be moving in the desired direction overall and it will likely reach the Fed’s target of 2% eventually, concerns remain over the high levels of core inflation which ended the year at 3.9% from 5.7% at the start.

Although headline inflation is seeing a slowdown, attributable in part to declining gasoline prices and only moderated price increases for groceries, core inflation — which excludes food and energy prices — remains uncomfortably high for the Fed. The market has pushed back its expectations for rate cuts from March to May and this can shift even further depending on future data, for example to June.

The U.K. inflation data expected Wednesday will provide further insights into future monetary policy decisions by the Bank of England (BoE). At the previous meeting, the Bank surprised with a more hawkish stance, noting that while there are indications of decreasing inflation, it remains way above target and more time is needed to see progress. Some analysts speculate that the tightening cycle has ended, but rate cuts won’t happen very soon. The current market expectation is for rate cuts to start in August.

Projections for this week’s data are for headline inflation to increase to 4.2% from 4.0% y/y while core inflation is expected to rise to 5.2% from 5.1%. Although expectations are for the inflation downtrend to resume in the future, the BoE is currently fighting with persistent inflationary pressures.

On Thursday, Australia will get the employment change and unemployment rate data. At the last meeting the Reserve Bank of Australia (RBA) kept rates unchanged and stressed that: „The path of interest rates that will best ensure that inflation returns to target in a reasonable timeframe will depend upon the data and the evolving assessment of risks, and a further increase in interest rates cannot be ruled out.“

Inflation levels remain concerning, but many analysts argue that the tightening cycle ended. However, rate cuts are off the table for the near future.

The latest data suggests that the labor market in Australia is cooling down with supply and demand being more balanced. Analysts point out that the data for November and December was influenced by seasonal patterns, but going forward the labor market should see some softening. Westpac analysts expect an employment change of +15K for January, which would be a below-trend pace of growth.

The unemployment rate is likely to rise from 3.9% to 4.0%. Westpac argues that January is the most seasonal time of the year for the labor market and since the reopening from COVID-19 there were two dynamics that played an important role during this time in previous years: One is the fact that individuals found it easier to change jobs leading in an increase in „marginally attached workers“ after the holidays who were previously unemployed; and the second is the recovery of tourism which led to more workers taking time off over the holidays.

„January’s data should hence be interpreted carefully, given the risk that one–off dynamics may cause large swings in hours worked or unemployment,“ the Westpac analysts said.

Later on Thursday, we expect the U.S. retail sales data m/m. Last month, retail sales figures printed above expectations, but for this week’s release analysts anticipate a drop in core retail sales from 0.4% to 0.1% and a drop in retail sales from 0.6% to -0.2%.

Preliminary credit card spending data suggests a rise in January spending levels, but analysts from Wells Fargo expect a spending moderation as the year progresses due to softening in the labor market. „The unique factors of excess liquidity and easy access to cheap credit are tales of the past in the story of consumption,“ they said.

This article was written by Gina Constantin at www.forexlive.com.

Today is pretty much a placeholder as traders are all waiting on the US CPI data tomorrow. That is a good enough reason for price action to trend more sideways to start the week. And that is precisely what we’re getting so far today. The dollar is keeping steadier but the changes on the day are leaving a lot to be desired.

EUR/USD is still cornered by key technical levels just under 1.0800 as outlined here. Meanwhile, USD/JPY is holding just above 149.00 but not really finding much conviction to race towards 150.00 yet. Then, GBP/USD is trading back up to its recent consolidation range of 1.2600 to 1.2800 and awaiting its next move.

As for the commodity currencies, USD/CAD saw a test of its January highs rejected last week and is now holding just under its 200-day moving average of 1.3475. And AUD/USD is trading in and around the 0.6500 mark with topside limited by its own 100-day moving average at 0.6535 for now.

In other markets, US futures are flattish and not offering much help on the day. As for Treasuries, 10-year yields are down just 1 bps to 4.177% and still holding below the key technical line near 4.20%.

There’s some poking and prodding overall, so it is now up to the US CPI data to deliver the next set of hints for markets.

This article was written by Justin Low at www.forexlive.com.