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.

AUD/CHF: The bulls are moving in uptrend channel aggressively.AUD/CHF: The bulls are moving in uptrend channel aggressively.

General overview: The AUDCHF pair start rising from the starting of this month, breaking under 0.6761, it accelerated upside momentum. The pair creates buy signals in the chart. The pair

GBP/USD: bears are again back in game and heading to south sideGBP/USD: bears are again back in game and heading to south side

  Overview: The pair shows bearish sentiments in the chart. As the chart shows more bearish signals in the chart. The pair creates bearishness in the market. The market finds

EUR/USD: THE DAILY CHART SHOWS BEARISH SENTIMENTS.EUR/USD: THE DAILY CHART SHOWS BEARISH SENTIMENTS.

General overview: EURUSD’s daily chart shows a bearish trend. The pair risks extending the recent decline from 1.2200 level. The pair shows a recent breakdown from the bullish trend as

USD/CHF: The pair keeps long extended towards the higher high.USD/CHF: The pair keeps long extended towards the higher high.

General overview: The pair keeps rising towards the positive direction in the market. The pair keeps growing towards the positive momentum ahead. The price is keeps rising towards the higher

USD/JPY: Bulls are rising up and heading north side aggressively.USD/JPY: Bulls are rising up and heading north side aggressively.

General overview: The pair hits the higher highs in the market. The USD/JPY is trading on the bid to score the fresh highs in the market. The pair trading towards

EURAUD: the pair has become sky rocket.EURAUD: the pair has become sky rocket.

General overview: EUR/AUD is showing bullish signs or retracement signals. This article reviews the bullish signs and analyses the two main scenarios for this currency pair. This indicates the end

USDCAD: Bulls are making mind blowing counter attack.USDCAD: Bulls are making mind blowing counter attack.

Overview: USD/CAD rises to 1.2750, up 0.05% intraday, during early Tuesday. The loonie pair tracks the US dollar’s gains, as well as recent declines in energy prices, while portraying a

CAD/CHF: Bears are headed towards the downside extension in the market.CAD/CHF: Bears are headed towards the downside extension in the market.

General overview: The bears have established a more bearish side in the market. The bears are forcing the market towards the downside extension in the market. By looking at the

XAU/USD : Bulls are doing good and playing at front foot.XAU/USD : Bulls are doing good and playing at front foot.

General overview: Joe Biden sworn in as the 46th US President on Wednesday, Gold (XAU/USD) surged nearly 2% to reach the highest levels in two weeks above $1870. That came

EUR/GBP: bears are showing counter attack below 0.8884.EUR/GBP: bears are showing counter attack below 0.8884.

EUR/GBP witnessed some short-covering move on the first day of a new trading week. COVID-19 jitters undermined the British pound and remained supportive of the uptick. General overview: The EUR/GBP