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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.

Bearish Resistance at 106.12 on USD/JPY?

The United States dollar versus the Japanese yen currency pair may have trouble passing the 106.12 level. Is this just a bullish pause? Long-term…

US Dollar Seeks Direction As Initial Jobless Claims Fall to Fresh Pandemic Low

The US dollar is searching for direction on Thursday after the number of Americans filing for first-time unemployment benefits fell to a fresh pandemic low. But the latest numbers…

Euro Falls Against Strong Dollar Despite Revived Stimulus Talks

The euro today fell against the US dollar driven by the risk-off market mood, which saw riskier assets selloff in favour of safe-haven assets such as the greenback.…

Sterling Pound Rallies As UK Govt Prepares for No-Deal Brexit

The Sterling pound today rallied against the dollar on positive investor sentiment before falling on Brexit jitters after comments from the Irish government. The GBP/USD currency…

1.7285 Next Target for GBP/CAD?

The Great Britain pound versus the Canadian dollar currency pair seems to have found support at 1.7132. Are the bulls ready for a new march? Long-term perspective…

Euro Strong After Market Sentiment Recovers

The euro was strong today, rising against all other most-traded currencies, with the exception of the Australian dollar. The possible reason for the rally was the market sentiment,…

Japanese Yen Weakens As BoJ Warns of ‘Very High’ Uncertainty Amid COVID-19 Pandemic

The Japanese yen is under pressure in the middle of the trading week as the central bank warned that economic uncertainty remains “very high” because of the coronavirus pandemic.…

AUD/NZD Prepared to Break 1.0826?

The Australian versus the New Zealand dollar currency pair seems to be willing to go towards the north. Do the bulls have the power to do so? Long-term…

USD/TRY Retests 7.8 As Inflation Surges, Geopolitical Tensions Escalate

The Turkish lira’s recovery since hitting all-time lows against the US dollar and the euro has stalled. The currency is once again testing 7.8 per…

Canadian Dollar Falls Against US Peer on Trump Stimulus Tweets

The Canadian dollar today gave up most of its gains against the US dollar as the latter rallied boosted by the risk-off market sentiment as stimulus hopes dissipated.…

GBP/USD Back to the 1.3000 Level

The Great Britain pound versus the US dollar currency pair sits just under the 1.3000 psychological level. Where to from here? Long-term perspective The trend…

Chinese Yuan Flat After Having Best Quarter in a Decade

The Chinese yuan is trading flat against the US dollar, but it has topped 8.0 against the euro to kick off the trading week. The yuan…