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.

Gold: Bulls are coming out from the choppy sessions.Gold: Bulls are coming out from the choppy sessions.

Overview:-  From past couple of days we are witnessing that gold is trading in very narrow range where only both bulls and bears are trying their best to take at

EUR/CHF: Bears are driving the car and having long drive.EUR/CHF: Bears are driving the car and having long drive.

Overview:– On a first look of the daily, weekly and monthly chart any one can see that bears are holding the grip in their hand. The bears are driving the

Crude Oil: Tug of war is going on at lower levels, bulls are trying their best to come back.Crude Oil: Tug of war is going on at lower levels, bulls are trying their best to come back.

Overview: – By analyzing the daily technical chart we can see that crude oil is trading and moving in the downtrend where bears are leading in the game and playing

NZD/USD: Bulls are penetrating at 0.61.6% fibonacci level.NZD/USD: Bulls are penetrating at 0.61.6% fibonacci level.

Overview:-   By analyzing the daily technical chart we can see that earlier pair was heading south side and was making successively lower lows and lower highs where bears were leading

EUR/USD: Bears are leading in the game and dominating the bullsEUR/USD: Bears are leading in the game and dominating the bulls

Overview:-  By analyzing at the daily chart we can see that pair is making downside whipsaws with successively lower lows and lower highs where only bears are showing their full

USD/CAD: Bears are nocking the door, will bulls open it ?USD/CAD: Bears are nocking the door, will bulls open it ?

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

USD/CHF: Pair marking fresh 2020 highs ahead of NFP.USD/CHF: Pair marking fresh 2020 highs ahead of NFP.

Overview: – Well the pair is trading at fresh 2020 highs above 0.9770 level ahead of NFP. The USD/CHF pair closed the last four trading days in the positive territory

GBP/USD: The bears are going to win the title of winners.GBP/USD: The bears are going to win the title of winners.

Overview:- GBP/USD is trading below 1.29, struggling amid concerns of a no-trade-deal Brexit and reports of infrastructure spending. The US dollar remains robust amid upbeat data and corona virus headlines.

NZD/USD: Bears are doing their best and heading south side.NZD/USD: Bears are doing their best and heading south side.

Overview:-   By analyzing the daily technical chart we can see that earlier pair was heading north side and was making successively higher highs and higher lows where bulls were leading

USD/CAD: Bulls are rocking and heading north side.USD/CAD: Bulls are rocking and heading north side.

Overview:– By analyzing the daily chart of the pair we can see that  pair is rising up with strong bullish momentum. Overall pair is making successively higher highs and higher