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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.

AUD/NZD Postponing Its Advancement to 1.0530

The Australian dollar versus the New Zealand dollar currency pair is having a hard time in its efforts to conquer higher prices. Long-term perspective The depreciation…

USD/JPY Bulls Getting Uneasy on Anniversary of Last Year’s “Flash Crash”

Traders are filtering back to their desks, but the market is unlikely to fully recover from it’s low-volume holiday lull…

End of Year US Dollar Selloff Continues to Drive FX Markets

On Friday, the DXY was down over 0.6% and today to selloff continues.  Price today is down nearly another 0.4%…

Euro Rallies to 5-Month Highs on US-China Trade Headlines

The euro today rallied against the US dollar extending Friday’s gains as the greenback struggled to keep up with its global peers given the elevated market…

AUD/USD Could Extend Until 0.7055

After such a strong appreciation, the price should correct as a consequence of profit booking. Which are the possibilities that follow? Long-term perspective After it bottomed…

DXY Driving US Dollar Pairs

Yesterday we wrote about how the DXY had a nasty move on December 25th/26th during quiet trading, which was exacerbated…

Will NZD/CAD Correct on Its Way to 0.8915?

The New Zealand dollar versus the Canadian dollar currency pair managed to conquer the 0.8692 level. The continuation towards 0.8915 might come after a corrective phase.…

Pound Hits 7-Day High on Santa Claus Rally and USD Weakness

The Sterling pound today rallied against the US dollar as the Santa Claus rally kicked into full effect in the absence of any significant fundamental releases. The GBP/USD…

Japanese Yen Stuck Trading Sideways Against the Weak US Dollar

The Japanese yen today traded in a tight range against the US dollar despite the greenback’s overall weakness against other major currencies. The USD/JPY traded sideways…

Chinese Yuan Mixed As Industrial Profits Rebound

The Chinese yuan is mixed at the end of the trading week as final data of 2019 and outlook for 2020 drive the currency’s trading performance. With industrial profits rebounding…

Metals and Oil Dragging Commodity Currencies Higher

Gold, Silver, and Oil all moved higher today and as a result brought many of the commodity currencies with them.…

Trading in Thin Markets

Wow!  What a move yesterday evening (in the US) on Christmas Day in the US Dollar Index!  The DXY inexplicitly…