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.

NZD/USD: Bulls are heading at multi year’s fresh high.NZD/USD: Bulls are heading at multi year’s fresh high.

Overview: The pair shows the value of the NEW ZEALAND DOLLAR against us dollar, telling the traders how many USD are needed to buy NZD. The NZD/USD creates a fresh

GBP/USD: THE PAIR BIDS TOWARDS THE MONTHLY HIGH MAINTAINING WINNING STREAK.GBP/USD: THE PAIR BIDS TOWARDS THE MONTHLY HIGH MAINTAINING WINNING STREAK.

Overview: The pair is making higher highs during the trading session. The UK Times cites an anonymous British government source to suggest that there are increasing expectations of a deal.

XAU/USD- Bears are leading in the game and remains weak below $1900.XAU/USD- Bears are leading in the game and remains weak below $1900.

Overview- Gold has been considered a highly valuable commodity for millennia and it has been followed largely in the financial market around the world. Gold faces the downside momentum We

Crude Oil

USOIL: Pair is heading to downside with and getting trend reversal signal.USOIL: Pair is heading to downside with and getting trend reversal signal.

Overview: Oil prices face some pressure ahead towards the downward movement. it approaches its seasonal weal time of the year. The distribution is clearly in favor of the sellers. The

EUR/USD:- Bulls are heading upside but momentum is slow.EUR/USD:- Bulls are heading upside but momentum is slow.

Overview: By looking at the daily chart we can see that buyers are showing their potential in the market. The market is showing upside momentum in the market. The market

EUR/CAD: BEARS COULD CONTINUE TO PREVAIL.EUR/CAD: BEARS COULD CONTINUE TO PREVAIL.

Overview: – The euro zone single currency has surged by 1.22% against the Canadian dollar since October 14, the channel pattern holds the bearish movement in the market during the

GBP/USD: THE PAIR SET UP FAVORS BULLISH TRADERS GAINED THE MONTH HIGHEST LEVEL.GBP/USD: THE PAIR SET UP FAVORS BULLISH TRADERS GAINED THE MONTH HIGHEST LEVEL.

Overview– GBP/USD gained the month tops and attracting the bullish momentum. Pound, supported by market hopes of a COVID-19 -19 vaccination. The pair has the highest record in the third

XAG/USD: BEARS ARE SET TOWARDS ITS LOWEST LOW PRICE FOR THE SHORT TERM.XAG/USD: BEARS ARE SET TOWARDS ITS LOWEST LOW PRICE FOR THE SHORT TERM.

Overview: The silver market initially tried to rally on Monday buy got absolutely crushed after the announcement that they had a vaccine with a 90% efficiency rate. Silver is set

XAU/USD: Bulls are leading in the game just go for buy.XAU/USD: Bulls are leading in the game just go for buy.

Overview- Gold has been considered a highly valuable commodity for millennia and it has been followed largely in the financial market around the world. Gold faces the upside momentum following

USD/CAD: Bears are driving the car and heading towards south side.USD/CAD: Bears are driving the car and heading towards south side.

Overview: The pair is slumped towards its lowest level since early September at 1.3026 on Thursday and seems to have gone into a consolidation phase in the late American session.