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.

EUR/CHF: Pair is signaling to bottom out processEUR/CHF: Pair is signaling to bottom out process

Overview:– EURO is trying to manage itself in every pair wherever it is a base currency. Well on the daily chart as we can see that pair is falling down

EUR/USD: A counter attack from bulls is an initial signal of trend reversal.EUR/USD: A counter attack from bulls is an initial signal of trend reversal.

Overview:-  Well the current picture depicts that overall bears have their full control on the pair for the time being and making successively lower lows and lower highs on by

Gold: Bulls are going to approach the $1700 level in this week.Gold: Bulls are going to approach the $1700 level in this week.

Overview:-  Yellow metal is gaining it’s shine once again and arrived at 2013 high, and becoming the leaders of all the bullion segment, as yellow metal is making successively higher

CHF/JPY: – Bulls are driving the car and seems in party mood.CHF/JPY: – Bulls are driving the car and seems in party mood.

Overview: – The bulls are rocking on the every time frame including daily, weekly and monthly chart where only bulls are traceable. Since last two consecutive days bulls are hitting

EUR/AUD: Bulls are again holding the grip in their hand.EUR/AUD: Bulls are again holding the grip in their hand.

Overview:- The roller coaster ride of the pair is indicating that pair has become too volatile and currently pair is heading north side as we can see that both side

EUR/JPY: A strong counter attack from bull’s side to cover all the losses.EUR/JPY: A strong counter attack from bull’s side to cover all the losses.

Overview:-  The yen is throwing major pip vibes today as we should take a look at ERU/JPY pair. The pair is knocking on the 121.00 major psychological handle, which is

Gold: Bulls crossed up the psychological level $1600, what next?Gold: Bulls crossed up the psychological level $1600, what next?

Overview:-  Yesterday finally gold given a massive rally during the US session where it was already expected from the bulls, as we have mentioned in our previous report last week

NZD/USD: Who will get the title either bulls or bears?NZD/USD: Who will get the title either bulls or bears?

Overview:-  Well the first view of the daily chart indicates that we are witnessing a tug of war between bulls and bears where both are putting their high efforts to

USD/CHF: Bulls are rising up with ‘W’ shape recoveryUSD/CHF: Bulls are rising up with ‘W’ shape recovery

Overview: – Well the pair is trading at fresh 2020 highs above 0.9800 level. The USD/CHF pair closed the last two weeks in the positive territory and continued to edge

USD/CAD: A massive counter attack from bear’s campaignUSD/CAD: A massive counter attack from bear’s campaign

Overview:– By analyzing the daily chart of the pair we can see that earlier  pair was rising up with strong bullish momentum. It risen up from 1.2956 continuously till 1.3328