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Daily Analysis

EUR/USD: This market has been moving steadily in the...

Tian Kriek

Analyst
Daily Chart
May 11, 2021

There is a Bearish Head and Shoulders pattern on the Weekly chart that appeared after the most recent counter trend line was broken. Price is establishing the Right Shoulder which means that the Direction of Highest Probability is Bullish, On the Daily chart I can see that price is retracing inside the Down AB Boundary and therefore the Probability is also Bullish Get this ...

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LATEST ANALYSIS


GBP/USD

May 11, 2021

AUD/USD

May 11, 2021

NZD/USD

May 11, 2021

USD/CHF

May 11, 2021

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Economic Calendar


Broker Reviews

US Clients:

NO

Regulated:

NO

Min. Deposit:
Spread:
US Clients:

NO

Regulated:

NO

Min. Deposit:
$100
Spread:
0.6 pips
US Clients:

NO

Regulated:

YES

Min. Deposit:
$0
Spread:
US Clients:

NO

Regulated:

YES

Min. Deposit:
$100
Spread:
2 Pips

AvaTrade Review

AvaTrade’s main claim to fame, (aside from being a subsidiary of a holding company with nearly $17 billion in market capitalization), is their...

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FXPro Review

FXPro is a European online broker and currency trading platform which is based in London. It is known internationally with a large global footprint,...

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Formax Review

Formax has a “Straight Through Processing” (STP) technology that routes directly to major liquidity providers such as banks and larger Forex...

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Plus500 Review

Plus500 is an online brokerage service located in the UK that specializes in the Forex market. They are authorized and regulated by the British...

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Education

Forex Glossary

Forex Trading Strategies

In the foreign exchange market, there are several different Forex trading strategies from which to choose. No trading strategy is perfect; different

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Forex 101

Introduction to the Forex The purpose of trading on any market is to buy low and sell high. The foreign currency market FOREX is no exception. The

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Forex Trading Mistakes to Avoid

Getting your feet wet in the Forex market can be kind of like swimming with sharks. Right now, you probably feel like a minnow. Don’t worry – we

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Interbank Rates

The Foreign Exchange rates at which large international banks quote other large international banks.

Dealer

One who acts as a principal or counterpart to a transaction; places the order to buy or sell.

Technical Analysis

An effort to forecast future market activity by analyzing market data such as charts, price trends, and volume.

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