Category: Forex Broker

What is a Forex Broker?

Forex broker are firms that provide traders with access to a platform that allows them to buy and sell foreign currencies. Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade.

Forex broker may also known be as a retail forex broker, or currency trading brokers. Most forex broker firms handle only a very small portion of the volume of the overall foreign exchange market. Retail currency traders use these brokers to gain access to the 24-hour currency market for purposes of speculation. Forex broker services are also provided for institutional clients by larger firms such as investment banks.

AUDUSD :-Bulls have made a fabulous come back in the gameAUDUSD :-Bulls have made a fabulous come back in the game

Overview:-By looking at the daily technical chart we can see that earlier pair was heading south side with full of bearish momentum and breaking all the major and minor support

GBP/USD: – PAIR IS HEADING SOUTH SIDE WITH FULL OF BEARISH MOMENTUMGBP/USD: – PAIR IS HEADING SOUTH SIDE WITH FULL OF BEARISH MOMENTUM

Overview: – By analysing the daily technical chart we can see that after the tug of war bears got the charge and headed towards south side. Yesterday we have seen

GBPUSD:- A double bottom pattern providing strength to bulls.GBPUSD:- A double bottom pattern providing strength to bulls.

By looking at the daily technical chart we can see that gold is heading north side with double bottom price pattern however, earlier pair was heading south side with full

CAD/JPY – The bulls creates strong buy side in the market.CAD/JPY – The bulls creates strong buy side in the market.

General overview: the pair is showing the impulsive in the market as the market creates the successively higher highs in the market. The buyers are in strong favor of the

GBP/NZD: Bulls stepping up to the plateGBP/NZD: Bulls stepping up to the plate

GBP/NZD bulls are stepping in at a critical support structure. The bulls need to make or break at this juncture, as evident across the charts.  General overview: The pair created

USD/JPY: Pair has continues drift towards upper side.USD/JPY: Pair has continues drift towards upper side.

General Overview: from the last few days we can see that the pair has been upside n with lots of positivity in the market. Rallies at this point in time

USDCAD: Bulls are forming potential movement towards upside.USDCAD: Bulls are forming potential movement towards upside.

General overview:  USD/CAD was seen consolidating the overnight strong gains to the highest level since May 5.Hawkish Fed continued underpinning the USD, albeit retreating US bond yields capped gains. A

CAD/CHF: THE PAIR FORMING DOWNSIDE MOMENTUM.CAD/CHF: THE PAIR FORMING DOWNSIDE MOMENTUM.

General overview: the pair is forming potential rounding top as, pair creates the bearish momentum in the market.  The market creates the sell signals in the moves towards the bearish

EUR/CHF: Bulls are trying to turn positive in market.EUR/CHF: Bulls are trying to turn positive in market.

General overview: Bulls are trying to break range bound territory in the market. The pair is trying to maintain bullish grip over the market a move towards the bullish side

EUR/USD: Bears are looking are downside momentums.EUR/USD: Bears are looking are downside momentums.

EUR/USD has tumbled down in response to a trio of upbeat US figures and taper speculation. All eyes are on US Nonfarm Payrolls, which could fall short of elevated estimates.