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Daily Analysis

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

Tian Kriek

Analyst
Daily Chart
August 5, 2020

The Weekly Probability is Bullish as price is making higher highs and the down Inner Trend Line was broken. Next meaningful Weekly resistance is at 1.1800 which is a Psychological level and the Weekly down Outer Trend Line. On the Daily chart I can see that there is an UP AB Boundary and the Fibonaci D Extension was hit. The Daily Fibonacci D Extension formed a confluence w ...

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LATEST ANALYSIS


GBP/USD

August 5, 2020

AUD/USD

August 5, 2020

NZD/USD

August 5, 2020

USD/CHF

August 5, 2020

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Economic Calendar


Broker Reviews

US Clients:

NO

Regulated:

NO

Min. Deposit:
$100
Spread:
1.8 Pips
US Clients:

NO

Regulated:

NO

Min. Deposit:
$250
Spread:
3 1.5 - 3 Pips
US Clients:

NO

Regulated:

NO

Min. Deposit:
$100
Spread:
.5 Pips
US Clients:

NO

Regulated:

YES

Min. Deposit:
$0
Spread:

Easy Markets Review

Traders across the globe have jumped on board this brand because the management team already earned a reputation for transparency and simplicity. ...

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24FX Broker Review

The leading “best practices” observed in the Forex industry are also incorporated in 24FX. Since it is an ECN/STP broker, minimal slippage and...

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FXPrimus Review

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Education

Forex Glossary

A Guide to Using Forex Brokers

A number of traders use the services of a brokerage firm to handle the majority of their trades. This is just as true with Forex. Forex brokers

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How to Trade Forex for Free

Most forex traders start trading rather conservatively, starting small and working up in volume and size of capital. For the new trader breaking into

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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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Spread

The difference between the bid and offer (ask) prices, which is used to measure market liquidity. Narrower spreads usually signify high liquidity.

Political Risk

Changes in a country’s governmental policy that may have an adverse effect on an investor’s position.

Mark to Market

The process of valuing a trader’s book at the end of each market day, using the closing market rates or revaluation rates. Any profit or loss is booked and the trader will start the next day with a net position.

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