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Factors To Consider When Choosing A Broker For Trading At Forex Market

With such a diverse selection, picking a reliable broker is a daunting task, but there are some universal tips which will help to make the right decision.

Why May Your Broker Refuse To Withdraw Money?

Why can a broker be reluctant to pay money out and what shall you do retrieve your earnings?

How To Detect A Reliable Broker From A Bad Actor?

If you think of becoming a trader, start your carrier not with learning the Forex basics but with learning how to distinguish trustworthy brokerages from shady operators.

Euro Falls to 3-Week Lows Against the Dollar Despite US Holiday

The euro today fell to new 3-week lows against the US dollar even though US markets were closed for the Martin Luther King Jr. holiday.…

Head and Shoulders Almost Complete on AUD/USD

The Australian dollar versus the US dollar currency pair seems to be pursuing lower prices. The only possible barrier is 0.6850. Will this level…

Week Ahead: Now that US-China Trade Deal is Signed, What’s Next?

Aside from the ceremonial signing of “Phase One” of the US-China Trade Deal, this past week was seemingly uneventful.  The…

USD/MXN Nearing Levels Not Seen Since 2018

USD/MXN has been in a symmetrical triangle since April 2018.  We have patiently been waiting to see which way it…

OIL WEEK AHEAD: Davos’ Explosive Mix

The World Economic Forum in Davos usually provides ample headlines for the oil industry, but this year one strategic player…

Pound Crashes on Weak UK Retail Sales Report and US-Iran Tensions

The Sterling pound today crashed against the US dollar in the early London session following the release of the disappointing latest UK retail sales report. The GBP/USD currency…

NZ Dollar Unable to Keep Gains Caused by Chinese Economic Reports

The New Zealand dollar rallied intraday despite underwhelming domestic macroeconomic data. One of the possible reasons for the rally was macroeconomic data in China, which showed…

Chinese Yuan Strengthens As Q4 GDP Beats Estimates

The Chinese yuan is strengthening against most major currency rivals to close out the trading week, driven by a better-than-expected reading of the world’s second-largest economy in the fourth…

Aussie and Kiwi Post Shooting Stars Ahead of Key Chinese Data

Both the AUD/USD and the NZD/USD put in shooting star candlestick formations on daily timeframes ahead of key Chinese Data…

USD/JPY Might Correct Before Further Appreciation

The US dollar versus the Japanese yen currency pair is at a point in which it should draw a correction, otherwise it might be considered that…

EUR/USD Holds Gains Ahead of a Busy Session

EUR/USD is holding gains from the previous session after ending Wednesday 0.2% higher. Improved sentiment following the signing of the…

USD/JPY higher as Philly Fed and Retail Sales Data is Stronger

The Philadelphia Fed Manufacturing Index for January was released earlier today, and it showed a strong uptick in activity at…