Overview: – The bears are rocking on the every time frame including daily, weekly and monthly chart where only bears are traceable. Since last week of February 2020 bears are
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.
AUD/USD: Bulls has covered all the losses with ‘V’ shape recovery.AUD/USD: Bulls has covered all the losses with ‘V’ shape recovery.
Overview:– The analysis of daily technical chart tells us the story of bull’s victory where we can see that earlier bears were leading in the game from 0.6680 level to
EUR/GBP: Free fall in the pair, bears are leading in the game.EUR/GBP: Free fall in the pair, bears are leading in the game.
Overview:- By looking at the daily chart we can see that bears are rocking and it seems like they are in party mood. The pair has topped out and shown
AUD/USD: Bears are again dominating the bulls, taken the charge again.AUD/USD: Bears are again dominating the bulls, taken the charge again.
Overview:– The daily chart is showing undoubtedly a blood bath in the pair and in the pair there is pure selloff no one is interested to buy the pair. But
Forex pairs- major support and resistance levels.Forex pairs- major support and resistance levels.
EUR/USD- The short term to intermediate term view remains bearish as long as pair is trading and sustaining below 1.1100 level. The 1.0900 level is like a make or break
Gold: Bears are dominating the bulls after choppy sessions.Gold: Bears are dominating the bulls after choppy sessions.
Overview:- By analyzing the daily chart we can see that yellow metal was not moving anywhere from last couple of days but yesterday we have seen bears got the supply
Silver: After a retracement once again time to short it.Silver: After a retracement once again time to short it.
Overview:- The Silver price was range-bound last week it was unable to break the 14.70 level since last 3 consecutive days due to which we have seen a choppy sessions.
Gold: Triple top pattern on the which suggest $1350 as unfinished target.Gold: Triple top pattern on the which suggest $1350 as unfinished target.
Overview:- Yellow metal is showing whipsaws on both side initially it declined from 1703.19 level and marked a low of 1451 on last week two times but this week it
AUD/JPY: Aggressive counter attack from bull’s campaign.AUD/JPY: Aggressive counter attack from bull’s campaign.
By analyzing the daily technical chart we can see that earlier bears were leading in the game and played at front foot, even they were dominating the bulls at every
GBP/USD: Trend reversal signal at key support level, time to buy.GBP/USD: Trend reversal signal at key support level, time to buy.
Overview:- Few days back GBP/USD tested the 1.1409 level but could not sustain at that level and bounced from there aggressively. Today at the time of writing the pair is