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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.

As Trade Talks between US and China Diminish, Yuan Sells Off

Yesterday, the US imposed sanctions on 28 Chinese tech firms.  Today, China’s Liu He said he will not be negotiating…

NZD/CAD Back Above the Weekly Support of 0.8344

The New Zealand dollar versus the Canadian dollar currency pair managed to reconquer the important 0.8344 level. Long-term perspective The decline that started at 0.9281 managed…

US Dollar Strengthens As Wholesale Prices Fall

The US dollar is strengthening on Tuesday after the US government reported that wholesale prices slumped last month, defying market forecasts. Investors are…

Pound Falls to New 5-Week Lows as Brexit Headlines Trigger Despair

The Sterling pound today fell to new 5-week lows as talks between Britain and the EU appeared to have hit a wall given today’s events. The GBP/USD currency…

Market Brief: US Blacklist Of China Firms Fail To Dent Optimism In Asian Stocks

FX Brief: The US Administration added 28 Chinese firms to their blacklist ahead of key trade talks in Washington this…

EUR/JPY looks set to resume potential impulsive down move

Short-term technical outlook on EUR/JPY click to enlarge charts Key Levels (1 to 3 days) Intermediate resistance: 117.40 Pivot (key…

Market Brief: EU stocks recover after weaker open

At mid-morning London, CHF, JPY and GBP were among the strongest while the AUD was the weakest in major currencies.…

Is the USD/SEK – DXY Correlation Broken?

USD/SEK and DXY often move in the same direction.  USD/SEK is often used as a proxy for the US Dollar…

EUR/SEK breaks out

The Swedish krona continues to hit new lows against her major rival, the euro. The EUR/SEK broke to a new…

Sterling unconvinced by Johnson’s certainty

Boris Johnson won a court case in Scotland…not that he needed to; according to him Brexit is on course for…

Market Brief: BoJo Wins a Brexit Battle, but Will He Win the War?

A Scottish court ruled that UK PM Boris Johnson will not be forced to order a Brexit extension under the…

USD/TRY Launches Out of Descending Wedge

Last Thursday, Turkey’s inflation data came out much worse than expected at 9.26% vs 15.51% expected and 15.01% last.   With…