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/USD: Bears are receiving supply pressure from downtrend line.EUR/USD: Bears are receiving supply pressure from downtrend line.

Overview:-  By analyzing at the daily chart we can see that earlier pair was making successively lower lows and lower highs where only bears were showing their full strength and

GBP/USD: Bulls are spring back to north side from 50 EMA line.GBP/USD: Bulls are spring back to north side from 50 EMA line.

Overview:- By analyzing the daily technical chart we can see that  pair is heading north side and marked a high of 1.3173 which means it is rising up with a

GBP/CAD: Bulls are heading north side with rounding bottom pattern.GBP/CAD: Bulls are heading north side with rounding bottom pattern.

Overview: – By analyzing the daily technical chart we can see that bulls are playing at front foot and dominating the bears at every nook and corner. The bounced continuously

EUR/USD: Bulls are fighting back for their survival near 1.1000EUR/USD: Bulls are fighting back for their survival near 1.1000

Overview:-  By analyzing at the daily chart we can see that earlier pair was making successively lower lows and lower highs where only bears were showing their full strength and

AUD/USD:Bears are taking the charge and heading south side.AUD/USD:Bears are taking the charge and heading south side.

Overview:– The pair has become has more convincing to sell as we can see that a steep downside momentum followed by a sharp breakout of support line, all this set

AUD/JPY: Bears have breached & sustaining below the uptrend lineAUD/JPY: Bears have breached & sustaining below the uptrend line

By analyzing the daily technical chart we can see that bears are leading in the game and playing at front foot, even they are dominating the bears at every nook

Silver: Bulls are getting support from an uptrend line.Silver: Bulls are getting support from an uptrend line.

Overview:-   The Silver price was range-bound two weeks ago and from last two consecutive days we have seen bearish sentiments where it declined from 18.10 to 17.03 which was massive

USD/CHF: pair is heading north side and shifting the trend.USD/CHF: pair is heading north side and shifting the trend.

Overview: – Well earlier pair is falling down consistently from last couple of weeks and it slipped from 1.0002 and it marked a low of 0.9612 level. We can see

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

Overview:- By looking at the daily technical chart we can see that pair is heading north side with triple bottom price pattern however, earlier pair was trading in the narrow

EUR/USD: Bears are driving the car, just enjoy the downfall.EUR/USD: Bears are driving the car, just enjoy the downfall.

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