Using the Rising Wedge Pattern in Forex Trading


(MENAFN - DailyFX) The rising wedge is a popular reversal pattern that is predictive in nature and can give traders a clue to the direction and distance of the next price move. Rising wedges ...

FXCM Expands Retail Offering to Include Forex Baskets


Online foreign exchange (forex) and contracts-for-difference (CFD) trading provider FXCM announced this Thursday that it has expanded its product offering to include forex baskets for retail clients. ...

Forex Recap – Greenback Managed to Hold Gains Despite Adverse US Data


The early gains came in the USD Index amid Fiber downfall. The EUR/USD pair was down in the Asian trading session on the backdrop of adverse economic data. Meantime, another Greenback rival ...

FOREX-Dollar handicapped by expectations a Fed rate cut is coming


The dollar index against a basket of six major currencies was slightly lower at 96.734. Global forex trading likely will be subdued on Thursday as U.S. financial markets are closed for a public ...

German Broker FXFlat to Launch Forex Futures to Meet Demand


by announcing this week that it is planning on expanding its futures portfolio to include forex futures. The announcement comes just over a month after the German broker launched trading on ...

Tehran to tackle currency woes with new forex


The money exchange houses are limited to trading quantities designated by CBI ... there is a million-dollar question that policy-makers need to answer: If forex rates happen to rise rather than drop, ...

POSCO Launches an Innovative Trading Platform for Crypto and Forex and a New Trading Education Academy Courses for Aspiring Financial Traders


Tokyo, Japan – July 2, 2019 – POSCO Network, built by a combination of deep-rooted industry and technology experts is pleased to announce the launch of its next-generation trading platform for passive ...

FTSE flat in lacklustre trading


CFD and forex trading are leveraged products and can result in losses that exceed your deposits. They may not be suitable for everyone. Ensure you fully understand the risks. From time to time, City ...

FOREX-Dollar on back foot over expectations a Fed rate cut is coming


The dollar index against a basket of six major currencies was slightly lower at 96.712. Global forex trading likely will be subdued on Thursday as U.S. financial markets are closed for a public ...

FOREX-Sliding government bond yields keep dollar and euro under pressure


Currencies were quiet at the start of the European trading session, with United States markets closed for a holiday. Adam Cole, a foreign exchange strategist at RBC Capital Markets, said that while ...

AUD/USD Forex Technical Analysis – Could Be Headed into .6931 to .6908


The Australian Dollar is trading slightly higher early Tuesday as investors await the release of the latest interest rate decision and monetary policy statement by the Reserve Bank of Australia ...

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