AUD/USD Forex Technical Analysis – Gann Angle at .6802 Controlling Today's Direction


The Australian Dollar is trading higher on Thursday after confirming yesterday's dramatic closing price reversal bottom. The chart pattern and follow-through rally doesn't signal a change in trend, ...

Crypto Trading Platform Overbit Launches 7 USD Contracts


After its official launch in February of this year, Overbit.com (Overbit), a Japanese cryptocurrency and foreign exchange (forex) trading platform announced this Thursday that it has expanded its ...

How to Choose a Good Forex Broker for Your Trading Needs


Trading the financial markets when conditions are volatile can be difficult, even for experienced traders. DailyFX – a world-leading news and analysis website – provides free analysis into the ...

PrimeXBT Becomes First Trading Platform to Launch Crypto Fund Management Module


PrimeXBT, a multi-asset Bitcoin-based trading platform offering up to 500x leverage on crypto, forex, commodities, stock indices, and more, today has launched the preview of the new. PrimeXBT ...

Forex Daily Recap – Market Remained Stunned as RBNZ Slashed Rates by 50bps


Quite noticeably, the NZD/USD pair was forming a rising wedge trading pattern, which had signaled for an upcoming bearish trend. Somehow, the pair had already broken down out of the aforementioned ...

AUD/USD Forex Technical Analysis – Overtaking .6759 Signals Closing Price Reversal Bottom


At 09:22 GMT, the AUD/USD is trading .6728, down 0.0030 or -0.44%. Bets the Reserve Bank of Australia (RBA) will ease policy jumped after the RBNZ rate cut. Traders are now pricing in a 70% chance ...

After Solid Growth in June, CLS Sees Slump in July FX Trading


Moving on to the trading volumes for FX spot, which generates the second-highest volumes for CLS, July reported an average daily volume of $388 billion. Unlike swap forex, this volume has fallen by 14 ...

RBI panel moots extended hours for strong forex market


The Task Force on Offshore Rupee Markets, headed by Usha Thorat, former RBI Deputy Governor, was constituted in view of the sharp growth in offshore trading volumes in the rupee non-deliverable ...

Forex Trading:the most beneficial trading


Over the last years, forex trading has gained appreciable popularity because of the advance in the on-line trading and as a result of its high liquidity, 24/7 schedule, and easy accessibility. ...

FOREX-Dollar, yuan stronger as risk sentiment improves


Chinese data, yuan fixing boosts risk sentiment * Euro briefly bid on report Germany to issue new debt (New throughout, updates trading and comments to U.S. market open, previous LONDON) By Karen ...

Forex Daily Recap – AUD/USD Weakness Sustained, Despite Unchanged RBA Rates at 1%


After consecutive 12 negative trading sessions in a row, the AUD/USD pair appeared to showcase positive closing today. The pair had already breached and moved below the support lines stalled near ...

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