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.

Crude Oil: Bears are putting the downside pressure with full of energy.Crude Oil: Bears are putting the downside pressure with full of energy.

Overview: – By analyzing the daily technical chart we can see that earlier crude oil was trading in the very narrow range of uptrend channel where bulls were leading in

Gold : Bulls have started to move up with weekly gainsGold : Bulls have started to move up with weekly gains

Overview:-  During the last week we have seen a uptick in the gold where bulls have shown a massive bullish attack as resulted a bullish candlestick on the weekly chart. 

Gold: Bulls are reenergize once again to hit the bears.Gold: Bulls are reenergize once again to hit the bears.

Overview:-  By analyzing the daily technical chart we can see that pair is trading and moving in an uptrend and in an uptrend market the corrections are considered as buying

EUR/CHF: Bears are approaching the 1.0500 level on long term point of view.EUR/CHF: Bears are approaching the 1.0500 level on long term point of view.

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

USD/JPY-Survivial above 109.50 level indicating 112.50 levelUSD/JPY-Survivial above 109.50 level indicating 112.50 level

Overiview : Well the way bulls are reacting it seems like they are doing mind blowing job for the time being and recently they have given us fabulous breakout of

EUR/USD: Bears got the charge no confusion, go for short.EUR/USD: Bears got the charge no confusion, go for short.

Overview:-  By analyzing at the daily chart we can see that earlier pair was making successively higher highs and higher lows and heading north side but from last couple of

USD/CHF: pair is heading south side with full of bearish momentumUSD/CHF: pair is heading south side with full of bearish momentum

Overview: – Well pair is falling down consistently from last couple of weeks and it slipped from 1.0002 and yesterday it marked a low of 0.9629 level.. We can see

NZD/USD: Bulls are trying to come back in the game once again.NZD/USD: Bulls are trying to come back in the game once again.

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/JPY-Bulls are surviving above 109.50 i.e. resistance level.USD/JPY-Bulls are surviving above 109.50 i.e. resistance level.

Overview : by looking at the daily technical chart we can see that bulls are leading in the game from past couple of days and they made a fabulous counter

EUR/CHF: Bears are in party mood and testing the depth of the river.EUR/CHF: Bears are in party mood and testing the depth of the river.

Overview:-Well the bears were already leading in the game and yesterday they proved their self by posting a strong bearish marabuzo candlestick on the daily technical chart which indicates that