Currency

You are going to have a lot of choices when looking into a forex broker, and there are many differences between each one. Every broker is going to offer you a different service, with advantages and disadvantages, and not all of them are going to be the right fit. Getting into currency trading is much […]

When you start thinking about investing in the forex markets one of the first things you must decide on is a broker. The average investor does not have the training, education, experience, or access to start forex trading, and will require professional assistance. There are a lot of options out there for forex brokers, so […]

The forex markets are awash with billions of dollars being traded every hour, and with that amount of money involved, there will be a lot of competition to get your business. If you are in need of a broker to handle your investments, there are going to be so many choices it can make your […]

If you are one of the millions of people who are looking to make fast money trading currency on the Forex markets, then you must prepare before jumping in headfirst. You must learn the ins and outs of this fast-paced trading so you can make informed and wise decisions. It will start by finding the […]

Hello Traders: The 2020 United States presidential election is here and traders are expecting high volatility in the markets.   My Take Nothing unusual and nothing extraordinary will happen in the markets. The markets don’t surprise people when they’re looking out for such; surprises come only when people don’t expect them. An informational traffic sign […]

Key Resistance Levels: 1.0800, 1.0900, 1.1000 Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: Ranging EUR/CHF has been on a downward move since September 25. On October 15 downtrend; a retraced candle body tested 78.6 % Fibonacci retracement level. This indicates that the pair will fall and reach a low of 1.272 and later […]

EURUSD Price Analysis – October 26 Growing fears of a surge in Europe Covid-19 cases may slowdown economic recovery as new infections trigger stricter measures and prompt investors into safety. EURUSD risks a deeper decline at the 1.1800 level as buyers repeatedly failed to make a sustained break above the daily cloud top around the […]

Ever since Facebook publicized its plans to develop a digital currency called Libra, central banks across the globe have tried to counter it with their cryptocurrency. While Facebook’s Libra has come under heavy scrutiny and regulatory obstacles, more than 80% of the world’s central banks are working assiduously to develop a central bank digital currency […]

EURJPY Price Analysis – October 16 EURJPY is accelerating from a low of around 123.00 as upside potential prevails over sellers for another session on Friday. The cross has so far managed to hold above the 123.00 level. Given the uncertainty, it would be a mistake to set an end date for the response to […]

THE TECHNICAL ANALYST HAS BECOME AN ENDANGERED SPECIES According to Investopedia.com, technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analysing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security’s intrinsic value, technical...