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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.

WTI and Gold Spike On US Missile Attack At Baghdad Airport

With Japan still on holiday and no major economic data scheduled in Asia, it looked like we were on track…

AUD/CAD Could Revisit the 0.9010 Area

The Australian dollar versus the Canadian dollar currency pair turned around from its initial path towards the 0.9300 level. Are the bulls only recharging…

Bulls on GBP/AUD Might Try to Recover 1.0953

The Great Britain pound versus the Australian dollar currency pair is in a spot that just might favor the bulls if they know how and when…

Euro Falls Against the Strong Dollar Despite Upbeat Eurozone PMIs

The euro today fell against the US dollar on the first trading day of 2020 as the greenback started the year on a strong footing and rallied higher. The EUR/USD currency pair…

Chinese Yuan Mixed As PBoC Cuts Reserve Requirements to Boost Economy

The Chinese yuan is mixed on Thursday as the central bank announced that it is cutting amounts of deposits that commercial institutions are mandated to hold…

NZD/JPY and AUD/JPY Are Coiling Just Off Their Highs

Assuming we don’t see a repeat of January 2019’s yen flash-crash, we’re looking for these pairs to extend their bullish…

After A Strong December Close, AUD Hesitates Around 70c

Just before Christmas we highlighted two potential patterns developing on AUD/USD. It didn’t take too long to confirm which one…

Trump Announces ‘Phase One’ Trade Deal To Be Signed Mid-Jan

President Trump announced via Twitter on Tuesday that US and China will finally sign the elusive phase one trade deal…

Loonie Closes 2019 at a New High, More to Come in 2020?

As we noted yesterday, this time of year is notorious for low-liquidity trading, and more often than not, lackluster markets…

Sterling Pound Rallies to 2-Week Highs on New Year’s Eve

The Sterling pound today rallied to 2-week highs against the US dollar on the last trading day of 2019 as investors bid up the pound and sold the greenback. The GBP/USD…

Chinese Yuan Finishes 2019 Stronger, Still Records Annual Loss

The Chinese yuan is gaining on some of its major currency rivals to finish 2019, but the currency will still end the year lower. The yuan suffered…

US Dollar Slides Despite Bullish Data in Final Stretch of 2019

The US dollar is slipping against multiple publicly-traded currency rivals to kick off the holiday-shortened trading week and wind down 2019. The buck, which has…