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/JPY: Bulls are playing at front foot with rounding bottom pattern.EUR/JPY: Bulls are playing at front foot with rounding bottom pattern.

Overview:- By analyzing the daily technical chart one can see that pair is heading towards north side. Well after making a low of 115.85 level we have witnessed a counter

Crude Oil: Trading between a particular channel, what next ?Crude Oil: Trading between a particular channel, what next ?

Overview: – By analyzing the daily technical chart we can see that crude oil is trading in the very narrow ranged uptrend channel where bulls were leading in the game

Gold: Another opportunity to buy again the yellow metal.Gold: Another opportunity to buy again the yellow metal.

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

AUD/JPY: Slow and steady wins the race applicable for bulls.AUD/JPY: Slow and steady wins the race applicable for bulls.

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

EUR/CHF: Pair is falling down within the downtrend channelEUR/CHF: Pair is falling down within the downtrend channel

Overview:-By looking at the daily chart we can see that pair is heading south side with full of bearish momentum as we can see that it is hanging down below

NZD/USD: Pair is falling down after making the rounding bottom pattern.NZD/USD: Pair is falling down after making the rounding bottom pattern.

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

EUR/USD: Pair has retested the moving average, what next?EUR/USD: Pair has retested the moving average, what next?

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

Overview: – By analyzing the daily technical chart we can see that overall pair is moving downside from past couple of days. Well the down side momentum can be seen

EUR/AUD: A Tripple bottom pattern providing strength to bulls.EUR/AUD: A Tripple bottom pattern providing strength to bulls.

EUR/AUD: A tripple bottom pattern providing strenght to bulls. Overview:- By looking at the daily technical chart we can see that pair is heading north side with triple bottom price

USD/JPY-Bulls have made a fabulous come back in the game.USD/JPY-Bulls have made a fabulous come back in the game.

USD/JPY-Bulls have made a fabulous come back in the game Overiview :-From past couple of days we are witnessing very narrow range move in the pair and the way pair