This category is the head of all Forex Subjects, including Daily market analysis, Forex Education, Forex Brokers, Strategies, Videos, and Guides.
CPT Markets is held under the CPT Markets Limited, and the company's registered address is located in Belize. This company is officially and legally...
Gold continues to trade bullish around 1,478 as we enter in the U.S. session. Most of the buying came after the dovish reports from the FOMC, as investors' focus shifts to the trade war.
GalaFX appears to be a relatively new unregulated Forex broker to join the industry, which can be deduced from the little talk it currently...
ATFX is an online FX and CFD broker that is located in St. Vincent & the Grenadines and regulated by the Financial Services Authority...
Stock Global is a global brokerage firm based in the Republic of Marshall Island whos rich experience in the global financial markets enables them...
FXFlat is a broker focusing on Forex, CFDs, and futures, they are based in Germany and was founded in 1997. FXFlat states that they...
The first thing the broker is associated is with the well known Cryptocurrency Exchange, Coinex. The name is used probably to get digital marketing upper hand although there are similarities as this broker deals only with the cryptocurrency accounts. Coinexx is a smaller group of a dozen employees that changed the orientation after acquisition or rebranding of FinproTrading.com to an exclusive crypto model. As for the regulation, there is none. They are located in Kingstown, Saint Vincent and the Grenadines, one of the favorite locations for an easy entry into the brokerage business, some of which are not honest.
Support and Resistance are the two extremely important components in financial trading. Price action traders rely on them as a critical component of their trading strategies.
On Wednesday, the price of the precious metal gold moved in a tight range as cautious traders back out from big bets before of U.S. Federal Reserve's monetary policy statement following in the day and amid an imminent tariff deadline.
The forex market extends trading sessions mostly with the mixed sentiments as the trader's eye remains on the Fed Policy decision and CPI rate today. The FOMC will publish its policy statement, and Chairman Powell will be giving his comments on the policy standpoint. Ahead of this event, the U.S. Dollar Index is down 0.22% at 97.45 on Tuesday, supporting the pair stay relaxed above the 0.6800 handles.
QuickTrade is a forex broker based in South Africa, during this review we will be looking into the service being offered by QuickTrade but...
Phillip Futures is a primary futures-based broker which is situated in Singapore. Started in 1983 they have been running for a long time now and have grown to become one of the regions biggest brokers, their aim is to bring the global markets closer to individuals. In this review, we will be looking at the services that are being offered and to try and find out if they offer what they suggest and so you can decide if they are the right broker for you.
AlfaAssets is an FSA regulated forex broker, located in Malaysia, and was founded in 2007. Comparable to their competitors, there are positive, average, and negative qualities about this broker. Some may feel that the variety of quick, fee-free withdrawal methods make Alfa Assets worth choosing alone. Others may feel that the average spreads and higher deposit minimums are deal-breakers. In order to decide whether this broker is ideal for you, you’ll need to keep reading, as we will go on to identify their best and worst qualities in more detail.
Most traders just focus and use technical analysis (TA) to make trade decisions, but they forget that trading is connected with value. The perceived value of an asset is what makes the market move up and down. And the perception of that value by the market is directly related to the fundamental information available.
In today’s lesson, we are going to demonstrate an example of a short entry that is derived from a false breakout. It contains two lessons. Let us get started.
The market continues to trade mixed risk sentiment due to diminishing expectations of no interest rate cuts by the Fed and delay in the trade deal. The top White House Economic Adviser, Larry Kudlow, confirmed on Friday that the December 15 deadline to impose new tariffs on around $156 billion worth Chinese products remains in place.
During the Asian and European sessions, the precious metal gold surged as traders hedged against a possible intensification in the U.S.-China trade conflict before a Dec. 15 deadline for fresh U.S. tariffs.
In today’s lesson, we are going to demonstrate an event to find out what the price may do around the big round number. A big round number plays a significant role as far as traders’ psychology is concerned. The price usually gets volatile around a big round number. It may get tough for the traders to find out entries around the big round number. Let us now dig into USDCHF recent activities around the big round number 1.00000.
The analysis and forecast process of any financial asset can support the decision process to take any positioning on the market. However, the time dedicated to developing it could increase the cost of the trade as this grows on time. In this educational article, we will review how to analyze and make a forecast by applying the main concepts of the Elliott Wave Principle.
The U.S. dollar rebounded against other major currencies, as the ICE U.S. Dollar Index rose 0.3% to 97.68, halting a six-session losing streak. EUR/USD lost 0.4% to close at 1.1060. Germany's industrial production declined 1.7% on month in October (+0.1% expected).
NPBFX is a Forex broker, registered in St Vincent and the Grenadines, and are in association, or rather, ‘registered’ with the Financial Commission Service,...
Global Market Index is a forex broker that claims to be one of the most respected names in online leveraged forex trading, they have...
The British pound extended its gains on expectations that Brexit uncertainty could be cleared when the ruling Conservative Party wins a majority in the December 12 general election. GBP/USD charged 0.4% higher to 1.3157, a fresh 7-month high. EUR/GBP declined 0.2% to 0.8438, which was last seen in May 2017.
Price Action traders crave for the breakout. Breakout is one of the most important components of price action trading. However, there is another equally important thing, which is breakout confirmation. Since the Forex market is very action-packed, it is often found that the price does not come up to the breakout level to confirm the breakout. It consolidates and produces a reversal candle to offer entry. The question is, does it always consolidate and offer an entry.
FP Markets is an FX and CFD broker that offers leveraged trading of up to 1:500 on Forex, Metals, Commodities, Indices, Equities, Cryptocurrency CFDs....
After our discussion about short-bodied candlestick in our article
BlueMax Capital is an offshore, unregulated ECN type broker without anything distinguishable in their services except the PAMM. Their HQ is in Belize but...
Prior Capital is a forex broker based in Cyprus and established in 2016. Prior Capital vows to offer step-by-step support, direct access to the...
Gold prices mostly traded in sideways trading range of 1,483 - 1,475 due to lack of market moving fundamentals. Recently, the statement by Trump having no-deadline for the US-China agreement drove US Treasury yields lower and helped in tightening the spread between US Govt. Bond yields & Japanese Govt. Bond Yields. This made gold more attractive that day and hence XAU/USD pair suffered.
The Trendline is an excellent trading tool that the price action traders love using on their charts. Drawing trendline as accurate as it can get and adjustment with spikes are two factors that traders are to look after before using trendline. Another factor trendline traders often need to do is drawing multiple trendlines on the same chart. In this lesson, we are going to demonstrate an example of that.
In our previous article, we discussed how we could simplify the zigzag and flat pattern by the chartist figure known as a flag. In this educational article, we will see how triangles can be used in wave analysis.
On the forex front, the British pound bounced 0.9% to $1.3103, the highest close since May. Polls suggested a majority-win by Prime Minister Boris Johnson's Conservative Party in the general election to be held next week, which could clear political uncertainty over Brexit. Meanwhile, the Markit UK Services PMI for November (final reading) was released at 49.3 (48.6 expected).
ICM Capital is an online FX and CFD broker that was established in 2011. During their 8 years in operation, the company has managed...
TitanFX is an online ECN FX and CFD broker that offers leveraged trading of up to 500:1 on 70+ FX, Precious Metals, Index CFDs,...
This article is to be dedicated to single candlestick key figures. The majority of patterns are created by more than one candle, but some particular candlestick shapes are key figures to gauge the market sentiment and spot reversals.
These back to backfires from Trump administration are affecting the credibility of the United States. Trump, on Monday, said that giving U.S. legislation to Hong Kong protestors was not making trade negotiations easy with China. However, he believed that Beijing still wanted a deal with the U.S. Trump added that China was having by far the worst year that hey had in 57 years and was still paying for the trade war. He said that in contrast, the U.S. was doing very well, and it can even do better with a flick of a pen.
Trademax is a broker that is committed to providing a highly professional and independent platform with a team that offers optimal devotion and efficiency. This is what is stated on the Trademax website and so in this review, we will be diving deep into the service being offered to see if they live up to the expectations they have put upon themselves.
On Tuesday, gold prices were trading in a tight area of 1,462 - 1,452 as traders were mostly staying out of the market during the Asian and European sessions. All of a sudden, we noticed a dramatic buying trend in gold, which lead its prices towards 1,472 and even higher. Most of the buying came in response to U.S. President Donald Trump's action of slapping tariffs on Brazil and Argentina.
A Breakout Brings More Momentum than any Other Trading Factor