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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.

Japanese Yen Strengthens on Safe-Haven Demand Despite Bearish Outlook

The Japanese yen is strengthening against major currency rivals on Thursday, despite a myriad of bearish outlooks by both the federal government and international bodies. A string of weak…

Bulls Failing to Conquer 73.93 on AUD/JPY

The Australian dollar versus the Japanese yen currency pair gives signs that the appreciation may be over. Is it so or the traders may be…

Sweden’s Riksbank Leaves Rates Unchanged

The Riksbank met earlier today and left rates unchanged at 0%, as expected.  Sweden’s central bank was the one of…

Chinese Yuan Mixed As Economic Stimulus Capped by Fiscal Woes

The Chinese yuan is mixed midweek as traders are waiting to see how the federal government reacts to the economic fallout from the Wuhan coronavirus, which was…

Pound Rallies Despite Brexit Headlines, Falls on Powell’s Testimony

The Sterling pound today rallied higher against the US dollar extending a 3-day winning streak by riding on yesterday’s momentum created by the positive UK GDP figures.…

Possible H&S on GBP/CAD with Neckline at 1.7160

The Great Britain pound versus the Canadian dollar currency pair seems to have a head and shoulders chart pattern coming in its way. Long-term perspective After…

EUR/CHF – It’s All about the RSI

Yes, it’s true the EUR/USD has had six straight down days entering today.  However, just because the EUR/USD has been…

The Dollar’s Short-Term Trend May Be Flipping Following Powell’s Pragmatism

Twice per year, the Chair of the Federal Reserve makes the trek down Constitution Avenue to update Congressional leaders on…

RBNZ Needs to Buy Time

The Royal Bank of New Zealand will meet in a few hours and give their decision on whether or not…

NZD/CAD Made It to 0.8514. Where Now?

The New Zealand dollar versus the Canadian dollar currency pair reached the 0.8514 level. Is this only a met target or is the depreciation about to continue?…

Australian Dollar Extends Rise After Business Confidence Improves

The Australian dollar continued to rise today after the business confidence improved. Other commodity currencies were trying to recover as well even though investors remained…

Great Britain Pound Stable After GDP, Other Economic Indicators

The Great Britain pound was about flat against other major currencies and trimmed losses versus commodity currencies today after the release of a bunch of macroeconomic…