Jump to content
Now you can advertise your business on Top Gold Forum.
Sign in to follow this  
Atirox

Atirox.com Forex Broker - Daily Analysis - Support & Resistant

Recommended Posts

EUR/USD: technical analysis 04.02.2019

Current trend

On 4-hour chart, EUR/USD price is trading below the middle line of Bollinger Bands
and is testing the support level of 1.1444 (Murray [7/8]). The downward trend maintains, which the technical indicators confirm. MACD volumes are decreasing in the positive zone.
Stochastics' lines are pointed downwards and are reaching the oversold area. Bollinger Bands are slightly leaned downwards, reflecting the moderate developing of the downward trend.
The breakout and consolidation of the price below the level of 1.1444 will let EUR/USD reach the level of 1.1413 (Murray [6/8])-1.1383 (Murray [5/8]).
If the price is set above the level of 1.1474 (Murray [8/8]), the upward trend can restore.
In this case the next targets of buyers will be the levels of 1.1505 (Murray [+1/8])- 1.1535 (Murray [+2/8]).
[IMG] 
Support and resistance

Support levels: 1.1444, 1.1413, 1.1383.

Resistance levels: 1.1474, 1.1505, 1.1535.

Trading recommendations

Short positions can be opened below the level of 1.1444 with the target at around 1.1413 - 1.1383 and stop-loss 1.1460.
Long positions can be opened above the level of 1.1474 with the target at around 1.1505-1.1535 and stop-loss 1.1450.

#news #forex #trading #currency #analytics #eurusd #technical_analysis

Share this post


Link to post
Share on other sites
GBP/USD: technical analysis 04.02.2019
 
Current trend
 
On 4-hour chart, GBP/USD pair is consolidating around the area of 1.3061 level.
Technical indicators mostly keep a sideway signal. Bollinger Bands and Stochastic’s lines are pointed sideways. MACD volumes are in the negative zone and are moving along the zero line. A significant decrease is possible after the breakout of the level 1.3044. In this case the downward movement can develop to the levels of 1.3000 (Murray [5/8]), 1.2939 (Murray [4/8])- strong support level. There is a high probability of a course reversal from the level of 1.2939.  
The upward trend will be restored after the price is set above the level of 1.3183, 
which is the strong resistance level. In this case, the next targets of " bulls" will be the level of 1.3244 (Murray [+1/8])- 1.3305 (Murray [+2/8]).
[IMG] 
Support and resistance
 
Support levels: 1.3061, 1.3000, 1.2939, 1.2878.
Resistance levels: 1.3122, 1.3183, 1.3244, 1.3305.
 
Trading recommendations
 
Short positions can be opened below the level of 1.3044 with the target at around 1.3000-1.2939 and stop-loss 1.3075. 
Long positions can be opened above the level of 1.3183 with the target at around 1.3244-1.3305 and stop-loss 1.3150.

Share this post


Link to post
Share on other sites
USD/JPY: technical analysis 04.02.2019
 
Current trend
 
On the 4-hour chart, the USD/JPY is growing along the upper line of the Bollinger Bands. The lack of long-term corrections reflects the strength of the current trend. At the moment the price has met the resistance at the level of 109.76 (Murray [6/8]). The breakout of this level will let the price to grow to the area of 109.96 (Murray [7/8])-110.15 (Murray [8/8]), where is a chance of a downward rebound, while its breakout would allow the growth to continue.
 
Technical indicators reflect the maintenance of the upward dynamics. Bollinger Bands are diverging, reflecting the active development of the current trend. The volumes of MACD histogram are growing in the positive zone. Stochastics' lines are pointed upwards.
[IMG] 
Support and resistance
 
Support levels: 109.57, 109.37, 109.18, 108.98.
Resistance levels: 109.76, 109.96, 110.15, 110.35
 
Trading recommendations
 
Long positions can be opened above the level of 109.76 with the target at around 109.96-110.35 and stop-loss 109.60.
 
Short positions can be opened below the level of 109.57 with the target at around 109.37-108.98 and stop-loss 109.75
 

Share this post


Link to post
Share on other sites

USD/JPY: technical analysis 07.02.2019

 

Current trend

USD against the Japanese yen continues to consolidate in the side channel after a significant raise over the last week. Now the price is trading above 109.87 mark, which is the middle line of Bollinger Bands.
The technical picture is mixed. Bollinger Bands are pointed sideways, reflecting the relative calmness of the markets and sideways movement of the price. MACD is slowly growing in the positive zone. Stochastics lines are pointed downwards.

If the buyers manage to raise the rate above the level of 110.15 (Murray [6/8]) , the raise can continue to the area of 110.54 (Murray [7/8]), 110.93 (Murray [8/8]). The downward movement will be restored after the price is set below the level of 109.76. In this case, the next targets of sellers will be the level of 109.37 (Murray [4/8]).

Support and resistance

Support levels: 109.76, 109.37, 108,98.

Resistance levels: 110.15, 110.54, 110.93.

Trading recommendations

Long positions can be opened above the level of 110.15 with the target at around 110.54-110.93 and stop-loss 109.90.

Short positions can be opened below the level of 109.76 with the target at around 109.27-108.98 and stop-loss 110.00.USDJPYH407022019-1024x576.png

Share this post


Link to post
Share on other sites

GBP/USD: technical analysis 07.02.2019

GBPUSDH407022019-1024x576.png

Current trend

On 4-hour chart, GBP/USD is moderately falling due to low trading activity. The pair approached the key support 1.2939 yesterday. Breaking of the level 1.2939 will open GBP/USD path to 1.2908-1.2878 support zone. Pair’s sustained trading below 1.2878 mark could set 1.2829 level as next sellers target.
If the “bulls” manage to raise the rate above the level of 1.2970, the correction can continue to 1.3000-1.3033 resistance zone.
Technical indicators maintain a sell signal. Bollinger Bands are leaned downwards. MACD growing in negative zone. Stochastic lines are pointed sideways and are reaching the oversold area.

Support and resistance

Support levels: 1.2939, 1.2908, 1.2878, 1.2829.
Resistance levels: 1.2970, 1.3000, 1.3033, 1.3061.

Trading recommendations

Short positions can be opened below the level of 1.2939 with the target at around 1.2908-1.2878 and stop-loss 1.2960.

Long positions can be opened above the level of 1.2970 with the target at around 1.3000-1.3300 and stop-loss 1.2950.

Share this post


Link to post
Share on other sites

AUD/USD: technical analysis 07.02.2019

AUDUSDH407022019-1024x576.png

Current trend

AUD/USD is trading in a bear trend. If the current trend maintains, the breakdown and consolidation of the price below the level of 0.7110 (Murray [1/8]) will let USD/JPY reach the next strong support level 0.7080 (Murray [0/8]). Meanwhile, oversold Stochastic and support zone 0.7049-0.7019 could stop the pair’s downside.

Technical indicators mostly reflect the moderate maintenance of the current downward trend.
MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Bollinger Bands are leaned downwards. Stochastic lines are reaching the oversold area and are pointed sideways.

Support and resistance

Support levels: 0.7110, 0.7080, 0.7049, 0.7019.
Resistance levels: 0.7141, 0.7171, 0,7202, 0,7232.

Trading recommendations

Short positions can be opened below the level of 0.7110 with the target at around 0.7080-0.7049 and stop-loss 0.7070.

Long positions can be opened above the level of 0.7141 with the target at around 0.7171-0.7202 and stop-loss 0.7120

Share this post


Link to post
Share on other sites

USD/CHF: technical analysis 08.02.2019

USDCHFH408022019-1024x576.png

Current trend

USDCHF bounced off the 1.0000 support level but is yet to cross the 1.0025 resistance
that impedes growth to 1.0040 resistance level. Technical indicators reflect the relative calmness of the markets and sideways movement of the price. Bollinger Bands and Stochastic are pointed sideways. MACD volumes are slightly decreasing in the positive zone.
The upward trend will be restored after the price is set above the level of 1.0040.
In this case, the price may aim for the 1.0086 resistance-zone.

Breaking 1.0000 level and holding below it will push the price back to 0.9994-0.9964 support-zone.

Support and resistance

Support levels: 1.0009, 0.9994, 0.9964, 0.9948.

Resistance levels: 1.0025, 1.0040, 1.0060, 1.0086.

Trading recommendations

Long positions can be opened above the level of 1.0025 with the target at around 1.0040-1.0086 and stop-loss 1.0005.

Short positions can be opened below the level of 1.0009 with the target at around 0.9964-0.9948 and stop-loss 1.0030.

Share this post


Link to post
Share on other sites

USD/CAD: technical analysis 08.02.2019

USDCADH408082019-1024x576.png

Current trend

On 4-hour chart, USD/CAD is growing along the upper line of the Bollinger Bands.
The lack of long-term corrections reflects the strength of the current trend.
The breaking 1.3305 (Murray [2/8]) mark and holding above it will push the price to 1.3366 (Murray [3/8]).
Technical indicators mostly keep a buy signal. Bollinger Bands are directed up. MACD is active growing in the positive zone. However, as the Stochastic is in the overbought area,
and the price has broken the upper border of Bollinger Bands, the downward correction is not excluded.
One may speak about downward correction after the price consolidates below the support level of 1.3244 (Murray [1/8]). In this case, the main target of the correction will be the level of 1.1383 (Murray [0/8]), which corresponds to the middle line of Bollinger Bands.

Support and resistance

Support levels: 1.3244, 1.3183, 1.3122, 1.3061.

Resistance levels: 1.3305, 1.3367, 1.3427, 1.3488.

Trading recommendations

Long positions can be opened above the level of 1.3305 with the target at around 1.3366 and stop-loss 1.3385.

Short positions can be opened below the level of 1.3244 with the target at around 1.3183 and stop-loss 1.3260.

Share this post


Link to post
Share on other sites

EUR/USD: technical analysis 08.02.2019

EURUSDH408022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD price is correcting up after the fall to the level of 1.1322. The instrument is now testing a strong resistance level of 1.1352.(Murray [4/8]. Breakout of the 1.1352 level will let the price to grow to the area of 1.1383, which coincided with the middle line of Bollinger Bands.
If EUR/USD cannot consolidate above the level of 1.1352, the downward trend restoration and retest of the level 1.1322 (Murray [3/8]), 1.1291 (Murray [0/8]) are possible.
Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term. Bollinger Bands are leaned downwards, reflecting the moderate developing of the downward trend. MACD histogram is in the negative zone. Stochastic has left the oversold zone and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261, 1.1230.

Resistance levels: 1.1352, 1.1383, 1.1413, 1.1441.

Trading recommendations

Short positions can be opened below the level of 1.1322 with the target at around 1.1291-1.1261 and stop-loss 1.1342.

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.

Share this post


Link to post
Share on other sites

EUR/USD: technical analysis 11.02.2019

EURUSDH411022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is trading in a bear trend. The instrument is now testing the level of 1.1322 (Murray [3/8]). Breakdown of the level 1.1322 will let EUR/USD fall to the level of 1.1291 (Murray [2/8]), 1.1230 (Murray [0/8]). A significant decrease is possible after the breakout of the level 1.1230. In this case the pair may aim for the 1.1200-1.1170 support-zone. If the “bulls” manage to raise the rate above the level of 1.1352, the growths can continue to the area of 1.1383 (Murray [5/8]), 1.1413 (Murray [6/8]).
Technical indicators mostly keep a sell signal, but the upward correction is possible in the short term.
Bollinger Bands are leaned downwards.
MACD is slowly growing in the negative zone.
Meanwhile, stochastic has left the oversold area and is pointed upwards, reflecting the high possibility of the upward movement formation.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261, 1.1230.

Resistance levels: 1.1352, 1.1383, 1.1413, 1.1444.

Trading recommendations

Short positions can be opened below the level of 1.1322 with the target at around 1.1291-1.1261 and stop-loss 1.1340.

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.

Share this post


Link to post
Share on other sites

NZD/USD: technical analysis 11.02.2019

NZDUSDH411022019-1024x576.png

Current trend

NZD/USD is in the stage of upward correction after falling to the level of 0.6728, but is yet to cross the 0.6774, which coincided with the middle line of Bollinger Bands. On the H4 chart, the pair is still trading in a bear trend. Pullbacks below 0.6713 (Murray [0/8]) will let the price fall to the area of 0.6683 (Murray [-1/8])-0.6652 (Murray [-2/8]).
The upward trend will be restored after the price is set above the level of 0.6774 (Murray [2/8]). In this case, the next targets of buyers will be the area of 0.6805 (Murray [3/8]) – 0.6835 (Murray [4/8]). Technical indicators mostly reflect the moderate maintenance of the current downward trend. Bollinger Bands and Stochastic are slightly leaned downwards. MACD histogram is in the negative zone keeping a signal for the opening of sell positions.

Support and resistance

Support levels: 0.6744, 0.6713, 0.6683, 0.6652.

Resistance levels: 0.6774, 0.6805, 0.6835, 0.6866.

Trading recommendations

Short positions can be opened below the level of 0.6713 with the target at around 0.6683-0.6652 and stop-loss 0.6730.

Long positions can be opened above the level of 0.6774 with the target at around 0.6805-0.6835 and stop-loss 0.6755.

Share this post


Link to post
Share on other sites

XAU/USD: technical analysis 11.02.2019

XAUUSDH411022019-1024x576.png

Current trend

On 4-hour chart, XAU/USD is correcting down from the 1315.58 mark. The instrument is now testing the level of 1310.00, which coincided with the middle line of Bollinger Bands.
The breakdown of the level 1310.00 will let XAU/USD fall to the lower border of Bollinger Bands 1304.68 (Murray [7/8]). There is a chance of an upward rebound here, while its breakdown would allow the fall to continue. Alternatively, breakout of 1320.31 (Murray [+1/8]) mark can accelerate XAU/USD towards 1328.13 (Murray [+2/8]) area.
Technical indicators reflect the relative calmness of the markets and sideways movement of the price.
Bollinger Bands are pointed sideways.
MACD volumes are in the positive zone and are moving along the zero line.
Meanwhile, Stochastic has left the overbought area and is pointed downwards,
reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 1310.00, 1304.68, 1296.87.

Resistance levels: 1312.50, 1320.31, 1328.12.

Trading recommendations

Short positions can be opened below the level of 1310.00 with the target at around 1304.68 and stop-loss 1312.00.

Long positions can be opened above the level of 1312.50 with the target at around 1320.31 and stop-loss 1310.00.

Share this post


Link to post
Share on other sites

AUD/USD: technical analysis 12.02.2019

AUDUSDH412022019-1024x576.png

Current trend

AUD/USD is trading in a bear trend. Now the price is consolidating below a strong resistance near 0.7080 (Murray [0/8]). The downward trend will be restored after the price is set below the level of 0.7049 (Murray [-1/8]). In this case, the next targets of sellers will be the level of 0.7019 (Murray [-2/8]). There is a high chance of an upward rebound here, while its breakdown would allow the fall to continue. Alternatively, breakout of 0.7080 (middle line of Bollinger Bands) can accelerate the pair towards 0.7110 (Murray [1/8]) – 0.7141 (Murray [2/8]) resistance area.
According to technical indicators, the price can grow within the correction.
MACD volumes are decreasing in negative zone. Stochastics’ lines are pointed upwards.
Bollinger Bands are pointed sideways, reflecting the relative calmness of the markets.

Support and resistance

Support levels: 0.7049, 0.7019, 0.6990.

Resistance levels: 0.7080, 0.7110, 0.7141.

Trading recommendations

Long positions can be opened above the level of 0.7080 with the target at around 0.7110-0.7141 and stop-loss 0.7060.

Short positions can be opened below the level of 0.7049 with the target at around 0.7019-0.6990 and stop-loss 0.7066.

Share this post


Link to post
Share on other sites

GBP/USD: technical analysis 12.02.2019

GBPUSDH4-12022019-1024x576.png

Current trend

On 4-hour chart, the instrument is correcting up from the lower line of the Bollinger Bands (1.2846), but the bearish trend still maintains. If the “bulls” manage to raise the rate above the level of 1.2878 (Murray [3/8]), the correction can continue to the area of 1.2920 – 1.2939, which coincided the middle line of Bollinger Bands. Failure to conquer the 1.2878 mark seems fetching the GBP/USD to 1.2817 (Murray [2/8]) support level, but its further downside might be confined by the 1.2756 (Murray [1/8])-1.2695 (Murray [0/8]) support zone.
Technical indicators mostly reflect the maintenance of the downward potential. Bollinger Bands are directed down. MACD histogram is in the negative zone keeping a signal for the opening of sell positions. Meanwhile, Stochastic is in the oversold zone and is pointed upwards, reflecting the high possibility of the upward correction formation.

Support and resistance

Support levels: 1.2817, 1.2756, 1.2695.

Resistance levels: 1.2878, 1.2939, 1.3000.

Trading recommendations

Short positions can be opened below the level of 1.2817 with the target at around 1.2756 and stop-loss 1.2835.

Long positions can be opened above the level of 1.2878 with the target at around 1.2939 and stop-loss 1.2850.

Share this post


Link to post
Share on other sites

USD/JPY: technical analysis 12.02.2019

USDJPYH412022019-1024x576.png

Current trend

On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands.
The instrument is now testing the resistance level of 110.54 (Murray [7/8]).
Breakout of 110.54 can accelerate the pair towards 110.93 (Murray [8/8]) level,
but the 111.32 (Murray [+1/8]) – 111.71 (Murray [+2/8]) resistance area and overbought Stochastic could restrict further rise.
If USD/JPY cannot consolidate above the level of 110.54, the downward trend restoration and retest of the level 110.15 (Murray [6/8]), 109.99 (middle line of Bollinger Bands) are possible.
Technical indicators mostly keep a buy signal, but the downward correction is possible in the short term.
Bollinger Bands are diverging, reflecting the active development of the current trend.
MACD is growing in the positive zone.
Stochastic is in the overbought zone and is pointed downwards, reflecting the high possibility of the downward movement formation.

Support and resistance

Support levels: 110.15, 109.76, 109.37.

Resistance levels: 110.54, 111.32, 111.71.

Trading recommendations

Long positions can be opened above the level of 110.54 with the target at around 111.32 and stop-loss 110.30.

Short positions can be opened below the level of 109.99 with the target at around 109.76-109.37 and stop-loss 110.20.

Share this post


Link to post
Share on other sites

EUR/USD: technical analysis 13.02.2019EURUSDH413022019-1024x576.png

Current trend

On 4-hour chart, EUR/USD is trading above the middle line of Bollinger Bands. The price is approaching a strong resistance in the region of 1.1352 (Murray [4/8]). One may speak about upward movement continuation after the price consolidates above the support level of 1.1352.
In this case, EUR/USD may aim for the 1.1383-1.1413 resistance-zone.
Meanwhile, the mark of 1.1352 can prevent the instrument form growing, as the possibility of the reverse of the price is high there.
If the pair refrains to respect the 1.1352 resistance, the downward correction to the area of the level of 1.1313 (the middle line of Bollinger Bands) can develop. We should note that breaking 0.9990 and holding below it will push the price back to 1.1291 (Murray [2/8]) – 1.1261 (Murray [1/8]) support-zone.
Bollinger Bands are pointed sideways.
Stochastic is in the oversold zone and is pointed sideways.
MACD volumes are decreasing in negative zone.

Support and resistance

Support levels: 1.1322, 1.1291, 1.1261.

Resistance levels: 1.1352, 1.1383, 1.1413.

Trading recommendations

Long positions can be opened above the level of 1.1352 with the target at around 1.1383-1.1413 and stop-loss 1.1330.

Short positions can be opened below the level of 1.1313 with the target at around 1.1291-1.1261 and stop-loss 1.1333.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Popular Contributors

  • Similar Content

    • By searchyip77
      I Am NOT ADMIN/OWNER OF  THE PROJECT!!!!
      PLEASE READ MORE TO KNOW ABOUT COINCHAIN DIGITAL

      Online Date : 2020-1-8

       Investment Plans:  1% hourly 103 hour, 2% hourly 55 hour, 3% horly 50 hour, 5% hourly 20 hour

      Min Spend :   10$

      Referral Commission : 8%

      Withdrawal Type manual

      Licensed Script

      DDoS Protection by DDOS-Guard

      Accpet Payment :   BitCoin, PerfectMoney, Payeer , Ethereum , Litecoin

      About Project :

      coinchaindigital.com - top-end platform with the best specialists, which works in the field of trading on stock and cryptocurrency DEX exchanges.
      Our platform provides a stable profit and is one of the best options for investing capital.
      Your funds will work in the most trendy and innovative schemes that will provide you with high interest rates on dividends.
      Our company values its reputation and pays attention to many nuances, this makes us a reliable partner for many major players in the field.

       

       
    • By fxfarmerashik
      Do you want to bet the BRITISH pound will diminish after BREXIT?

      Then you will need to trade the pair USD / GBP.

      Containing every currency in the world, the Forex market is the largest and most liquid market in the world, with an average daily turnover of just under 4 billion USD.
      To access this market you will need an online Forex broker. In order to choose the right broker to trade with, you need to understand how they work and most importantly, how they can help you.

      Each broker is different and has its own quality and downfalls. Some brokers may place a stronger focus on customer support, or low cost, while others may offer more sophisticated tools and resources.

      Knowing your investment style, and the area where you want the broker you are in a strong would make it easier for you to narrow your search.
      Of course, there are also things you should be aware of when looking for your ideal broker, the industry has different rules, and different countries strictly enforce the law.

      Here are the deets…

      Few key points regarding a Forex Broker.
      Allows you to buy and sell foreign currency Opening an account with Forex trading has become easier over the years. Now, it is quite a simple and easy task, and generally only takes a few short steps to complete. A broker will offer significant leverage with your account, which varies in amount. Forex broker is traditionally made money on fees and commissions but this is now a thing of the past, paving the way for the industry more accessible. Many brokers offer education, research materials, and even the center to help guide you and prevent you from much every rookie, or even more advanced but an error prevented. Some brokers offer exceptional knowledge, research, and customer support to help you strategize, avoiding loss and grow into an expert trader. Forex market as we know it today is a relatively new industry with regulations that can also depend on where the broker is located.
      What is a Forex Broker?

      Forex brokers basically work as a middle-man between the trader and inter-bank, or a bank network, to allow you to buy and sell foreign currency. A Forex broker will take the price of the bank and offer the best price available.

      Forex Brokers can also be called a retail Forex broker, or currency trading broker.

      Once you have a broker, you can access the market to speculate on rising or falling prices in the hope of making your own great Soros win.
      Okay, so you probably do not have much money to put down (yet), but a big win nonetheless! institutions or large companies can also benefit from the service broker.

      Understanding Forex Broker Role

      In order to trade, you need access to the currency pair; Brokers do it by giving you access to the major currency pairs, including:
      EUR / USD GBP / USD USD / JPY USD / CHF
      Along with the other G10 currencies.

      You can then start buying and selling a currency pair. For example, buying British Pound with outside of the US Dollar will require the purchase of the GBP / USD.
      Once you have done this then you can try to make a profit by closing a partner when the exchange rate changed in your favor.

      Open Account

      Opening an account with Forex trading has become easier over the years. Now, it is quite a simple and easy task, and generally only takes a few short steps to complete. The whole process should only take a few days.

      Some Forex brokers will require you to have a minimum account, but fewer broker asks these requirements with the industry move towards zero cost.
      Increase Your Income With a leverage

      A broker will offer the maximum to your account, which varies in amount. This leverage can be anywhere from 10: 1 to 100: 1. For example, if you have $ 1,000, your broker can provide leverage 1:10, which means that you can make initial trading of currency pairs up to $ 10,000.

      Do not let it get to your head though. Traders often can forget the risks that come along with leverage. This can increase your profits but also can bring you down a terrible loss.

      Broker Commission & Fees: A Sea Change accessible Trade

      The brokerage industry traditionally made most of their income from commissions and fees, but we are now approaching a new era with many brokers reduce and eliminate costs in an effort to remain competitive.

      Not all brokers have reached the stage of zero charges again, so you’ll need to be aware of individual fees and commissions depending on the broker.

      Spread

      Deployment is one of the ways that the broker will get money. This is the difference between the bid and asks the price of a currency pair, or in other words, the price at which to buy and sell.

      Forex brokers analyze the market and then offer a price for the pair. These prices usually vary slightly from market prices. For example, if the asking price of the currency from 1.15558 to 1.15557, the spread is 0.0001, or 1 pip. A pip is a term used to express the number of brokerage fees.

      Deployment is one way to determine the brokerage commissions. However, some brokers offer variable spreads or fixed spreads, then take the difference between the spread and the spread of their own market.

      A Variable Spreading

      A broker will offer a variable spread to avoid possible losses or market risk. To do this, the broker added cost on top of the spread, which leaves room for market fluctuations in the spread.

      If your broker offers the potential of a variable spread then you should take these costs into consideration when trading.

      A Fixed Spread

      If a broker that offers fixed spreads then you will have a spread of pre-set no matter the currency pair. The idea is that the broker will be higher spread than the spread of the market, which will enable them to profit from the difference.

      The fixed price spread is easier to work with and better for consistency when buying and selling a currency pair. Some brokers also charge a fixed dollar commission per trade 100,000 units. For example, if you trade 100 units, you have to multiply it by 0.01 to get the price of the commission.

      With this, if you are trading on margin, then you may be subject to the interest rate for this as well. The final cost to be aware of is the cost of holding overnight. Some brokers charge this fee to hold positions overnight, this happens when the market is closed, which is not often.

      You do not need to pay the cost of futures trading though, because they already have the cost built into the spread.

      Besides if you choose a good and regulated Forex broker then you’ll also get several types of market indications, accurate signals, latest currency news, various trading guides, etc.

      So, make sure you CHOOSE the best one.

      The Bottom Line

      Brokers have many traders who offer whether you are just starting in the world of trading or if you are more advanced. Choosing the right broker will help you learn, grow, avoiding risky situations, and develop strategies along the way.

      Be sure to research where your broker and regulations they are responsible for before and be careful with your leverage; the possibility of winning big also brings with potential for large losses. There are many great brokers out there, just check our broker reviews to learn more and find the perfect one for you.

      Good Luck!
    • By fxfarmerashik
      Forex trading can be a complex process, especially when you're trying to make every trade independently based on your own research and speculation.
      Copy-trading also known as mirror trading, automated trading, or the social trading - have become very popular in recent years as the number of applications and online platforms have made the kind of semi-automatic Forex trading is simple enough for most people to try.
      Basically, as the name implies, you use the tool to automatically copy trades of other traders in real-time. If you've been thinking about getting into Forex copy trading then this is the best four platforms to do it:
      1. eToro
      The eToro platform is by far the most frequently mentioned and widely reviewed. Most people consider it to be the best Forex trading platform.
      The applications and their website provide an abundance of user-friendly choice to follow and copy the trades of large investors and others in your network so that details all the features it would go beyond the scope of this ranking list. 
      2. Pepperstone
      Pepperstone usually a close second on most lists curated and this one will be for the same for site design and toolset commendable. If there is one competitor that can be compared with eToro in most cases, it will be Pepperstone. 
      Despite having a relatively narrow selection of genuine options trading platform offering competitive prices, reliable systems, and one of the largest networks of third-party platforms.
      3. Darwinex
      Darwinex which is not known specifically as a copy trading platform but as social trading features that allow you to copy trades very easily, so it is worth a mention.
      It is an interesting site to check out as it allows traders to buy and sell their strategies so that you can follow more than just trade itself. 
      Owl logo is a platform, which is interesting because, in a way, Darwinex can be used as an additional educational tool; owl might hint academic value platform.
      4. FXCM
      FXCM is another platform with a small selection of products that can be traded, but offering access to copy the trading tool that lets you follow high volume traders and professionals who use advanced algorithms and charting tools. This is another useful site to learn and pick up new techniques.
      Copy Trading Is the Easiest Way for Forex traders to swing the odds in favor they regardless of who you follow and how successful they've been so far, Forex is always a numbers game.
      However, a copy of the trade gives you a hack that lets you dramatically increase your chances as a Forex trader simply by choosing the right trader to emulate.
      While there is never a guarantee, and you should not overextend themselves financially on each individual trade, from time to time you can learn a lot just by following other traders, and that's where the real value copy trading lies .
    • By searchyip77
      I am not admin

      read to know more about btc-swifttrade

       
      INVESTMENT PLAN:

      130% After 12 Hours
      Min Deposit :$20.00
      Max Deposit :$100.00

      160% After 12 Hours
       
      Min Deposit :$100.00
      Max Deposit :$1000.00

      Ref: 5%

      Accept: BTC


       
    • By Sajid zaman
      As all those peoples who have trading experience should be fully aware about short term and long term trading. Everyone having different opinion about that so share you personnel opinion?
  • Topics

×
×
  • Create New...