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: Bulls are forming a rounding bottom pattern.EUR/USD: Bulls are forming a rounding bottom pattern.

Overview:-  By looking at the daily chart we can see that pair is heading north side and bulls are controlling the game for the time being. The way bulls are

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

By looking at the daily technical chart we can see that pair is heading north side with tripple bottom price pattern however, earlier pair was heading south side with full

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

NZD/USD: Pair is heading at 0.6750 making rounding bottom patternNZD/USD: Pair is heading at 0.6750 making rounding bottom pattern

Overview:- By looking at the daily technical chart we can see that pair is making is higher highs and higher lows and moving in an uptrend, one thing is sure

EUR/GBP: Free fall in the pair, bears are leading in the game.EUR/GBP: Free fall in the pair, bears are leading in the game.

Overview:- By looking at the daily chart we can see that bears are rocking and it seems like they are in party mood. The pair has topped out and shown

EUR/USD: Bulls have made a fabulous come back.EUR/USD: Bulls have made a fabulous come back.

Overview:-  By looking at the daily chart t we can see that earlier pair was heading south side and was hanging below the moving average lines but after marking the

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

Overview :-From past couple of days we are witnessing very narrow range move in the pair and the way pair is moving on it seems like tug of war is going

GBP/USD: Bears are trying to beat the bulls gradually.GBP/USD: Bears are trying to beat the bulls gradually.

Overview:- By analyzing the daily technical chart we can see that  earlier pair was doing well for buyers and it marked a fabulous rally from 1.2199 to 1.3011 level continuously

AUD/USD:Bears are taking the charge with rounding top patternAUD/USD:Bears are taking the charge with rounding top pattern

Overview:– The pair has become has more convincing to sell once again as we can see that a steep downfall followed by a pull back, all this set up is

GBP/USD: Bears are trying to beat the bulls gradually.GBP/USD: Bears are trying to beat the bulls gradually.

Overview:- By analyzing the daily technical chart we can see that  earlier pair was doing well for buyers and it marked a fabulous rally from 1.2199 to 1.3011 level continuously