Jan 052018
 
Exclusive: Sudan to devalue pound currency to 18 per dollar in January: finance minister

CAIRO (Reuters) – Sudan is to devalue its currency to 18 Sudanese pounds per dollar in January from the current exchange rate of 6.7, Finance Minister Mohamed Othman Rukabi told Reuters on Tuesday. The devaluation would encompass the customs exchange rate and take place under the 2018 …
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AUD/USD analysis: bullish, challenging key resistance

The Aussie found support in rising equities, as gold and oil outperformed other assets in thin trading. Australian market will open back after a long holiday, but the macroeconomic calendar will remain empty this Wednesday. The pair held above the 50% retracement of its October/December slide, …
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ABC 123 Gets CySEC License, Prepares Boutique Brokerage

The firm states that it has multiple liquidity provider data streams, and brokers don't need to modify their existing trading applications. … Recently, the ESMA has published a communique that is outlining the concerns that national regulators have when retail forex and CFDs trading is mentioned.
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Daily Currency Outlook: GPB/JPY And EUR/JPY : December 29,2017

Trading in spot Forex and CFDs is speculative and involves a high degree of risk. In particular, because it will be conducted using margin (which covers only a small percentage of the value of the foreign currency traded), price changes in spot Forex or CFD can result in significant losses. Therefore …
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Jan 012018
 
Conning Acquires 45% Stake in Global Evolution

Investment management firm Conning ($120 billion) is acquiring a 45% stake in emerging and frontier market specialist investment manager Global Evolution … “We will absolutely rally back because everybody else has bought crypto until now…except for the Forex Traders and the day traders in the …
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XTB Board Member Sheds Light on Turkish FX Market as Uncertainty Grows

Polish online trading brokerage X-Trade Brokers has been back and forth in its future plans for operations within Turkey. … While the move was clearly put in place to protect retail investors, it also dampens the appeal of the FX and CFD market by reducing the potential profits (and losses) that can be …
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Dollar Steadies in Light Trade

The US Dollar steadied in Tuesday trade, despite much of the developed world having closed financial markets due to Boxing Day celebrations. Analysts concur that with most major markets shut today, clear direction on any particular currency will be difficult to ascertain. On the other hand, in the US, the …
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FOREX -Dollar index flat in light trade, bitcoin rebounds

Currency trading volume was light as London and many major financial centers remained closed after the Christmas holiday. “The market is going to be quiet for the balance of the week,” said Jason Leinwand, chief executive officer of FirstLine FX Currency Strategy in Randolph, New Jersey.
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Dec 302017
 
Gold Technical Analysis

In the start of today's trading, and with the markets back to work after the holidays, gold had a better chance in achieving more gains, reaching to $1279 an ounce, the highest price for the metal in 3 weeks. Gold is moving within an upward channel, as shown on the daily chart, but within tight ranges, even …
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EUR/USD Quiet Christmas Week Trading

The EUR/USD daily Forex chart in is a 5-month trading range that is nested within a 3-year trading range. The 3-week rally has several reversals and bars with prominent tails. It therefore looks like another leg in the 2-month range. It will therefore probably reverse within a week. It would then form either …
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Multi-family Office Founder, Chairman Attributes Hedge Funds to Crypto-correction

… the whole market fluctuates 20% to 30%, and now that there are so many more hedge funds in the space, you can see higher fluctuations, and this is not a market correction,” he said. “We will absolutely rally back because everybody else has bought crypto until now…except for the Forex Traders and …
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Forex trading tutoring

I am an experienced home-based forex trader. I offer help to those who are interested in archiving making consistent profit trading forex. There is no easy way to be successful in this business. In…
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Dec 292017
 
Technical Analysis – USDCAD shifts to bearish bias as it breaks below 2-month range

Breaking below this support area would set up the market for a re-test of the September 8 low of 1.2061. It remains to be seen whether the recent rebound from 1.2061 was merely a corrective move before the market resumes the downtrend from 1.3793. Momentum is bearish and trend strength is muted.
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Few important lessons on Forex trading

Numbers of people are finding numerous ways to make extra money as there seem to be no end for the economic struggle. Many people are very much attracted towards in dealing with the Forex market. The reason behind this is Forex market run round the clock and hence people work during the day …
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New Year, New Name: RoboForex Transforms to RoboMarkets

“RoboMarkets defines itself as multi-asset broker and provides access to more than 8,700 trading instruments in seven types of assets classes. … a trend across the retail trading industry, which has seen other brokerages undergo rebranding to diminish the misconception of only providing FX products.
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EUR/USD Analysis

In the start of this week's trading, and after the holiday break, the EUR/USD advanced towards the resistance at 1.1873 at the time of writing, after closing last week's trading at the 1.1816 support level. The victory of pro-independence parties in the recent Catalonian elections brought back political fears …
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Dec 222017
 
Forex – A New Service Available on the Cinkciarz Platform

Forex transactions include currency trading, but also commodities and stock market indexes. The new service provides financial news, expert analyses and educational materials as support. Users are protected against having a negative balance in their Forex account. Conotoxia Ltd. is the provider of …
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Goldman bearish on US Treasuries market in 2018

NEW YORK (Reuters) – Goldman Sachs (NYSE:GS) analysts said on Friday they are bearish on the $14.2 trillion U.S. government bond market in 2018, prompted by their expectations that the Federal Reserve would raise U.S. interest rates above what the market has priced in. The analysts wrote in a …
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RoboForex Changes Trading Conditions of Crypto CFDs

RoboForex has announced several changes to the trading conditions of their cryptocurrency CFDs. The company initially launched trading on digital currencies back in September, with the goal of adapting to the growing demand for Bitcoin and Ethereum. Fast forward to the present, and the online …
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Ethereum, Ripple And Litecoin Have Arrived on Bloomberg Terminals

Financial data firm Bloomberg has added three new cryptocurrencies – ethereum (ether), Ripple (XRP) and litecoin – alongside bitcoin on its Terminal service. According to a Fortune report, sources said the addition of the new price data is aimed at forex traders seeking to explore the new instruments.
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Dec 202017
 
How to develop your trading career in spread betting industry

Most of the retail brokers are offering a high class trading environment to their clients to make a profit by trading the currency pair. Unlike traditional Forex trading, in spread betting, you don't have to buy any underlying assets in the market. You need to speculate the price moment of the currency pair and …
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Brent Crude soars to multi-year highs, dollar awaits FOMC for direction

ALB Forex Trading Ltd. will not accept any liability for any loss or damage which may arise from the use of such information. There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose. You should not trade unless you …
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Ukraine's hryvnia weakens to UAH 27.64 to dollar on Dec 15

Read alsoNBU tightens conditions for licensing currency transfers beyond Ukraine As UNIAN reported earlier, on Thursday, December 14, hryvnia quotations against the dollar on the interbank currency market by the close of trade settled at UAH 27.43/27.46 to the dollar. Hryvnia quotes against the euro …
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Forex technical analysis: GBPUSD tumbles to lower trend line. Finding some buyers

The GBPUSD tumbled below an old trend line at 1.3406, then the 200 hour MA, 100 bar MA on the 4-hour (both at 1.3394) and the 100 hour MA (at 1.33763). The 38.2% of the move up from November 3 low was also cracked again at 1.3354. That is close risk now for the shorts in trading today. The fall …
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Dec 192017
 
SEC suspends shares of The Crypto Company

Shares of the company had rallied 2700% this month but the SEC has suspended trading until January 3 “because of concerns regarding the accuracy and adequacy of information in the marketplace about, among other things, the compensation paid for promotion of the company, and statements in …
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Master The Most Powerful Forex Trading Strategy.

Learn to Trade Forex with the most powerful trading strategy D.i.V.A. Used by professional traders a.
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ForexLive European FX news wrap: Cable goes up, down, and all around in quiet trading session

ForexLive European FX news wrap: Cable goes up, down, and all around in quiet trading session. Tue 19 Dec 2017 11:57:54 GMT. Author: Justin Low … Overall, it was a quiet trading day but there are good pips to be had – especially in cable. Dollar weakness remains a lingering theme as we await the …
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BNM forex outlows, not forex losses, MoF2 tells Dr M

PUTRAJAYA: The Finance Ministry said today the so-called RM39.6 billion losses by Bank Negara as alleged by Tun Dr Mahathir Mohamad were actually foreign fund outflows, which is not unusual, and not losses from forex trading like those during his reign. Second Finance Minister II Datuk Seri …
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Dec 162017
 
How Historic Forex Regulations are Shaping the Future of Crypto

Unlike traditional stocks, which typically trade on centralised marketplaces, foreign exchange trading happens electronically over decentralised networks that span the globe. Although the underlying mechanisms and technologies are different, there are clear parallels between the decentralised and …
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The Benefits of Using a Demo Account before Trading Forex

There are many different types of investments that people make these days, and one popular one is Forex. Trading in the Forex markets can prove to be very lucrative as long as you know what you are doing and have an effective technique in place. If you are new to trading, this can obviously be quite …
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Technical Analysis – GBPUSD consolidates recent gains; risk of more weakness

GBPUSD has been neutral since last week following a rise from near the 1.3000 level to a high of 1.3549 hit on December 1. The market is consolidating these recent gains and price action remains above the previous two months' range. The 50 and 200- day moving averages are positively aligned.
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GLOBAL MARKETS-Oil prices jump on pipeline outage, stocks take breather

Dealers at Citi noted interbank volumes in the forex market had been 35 percent below average overnight and another thin session was in prospect for Tuesday. There was a little more action in bitcoin, which was last up 1 percent on the day at $16,598 on the Bitstamp exchange while its newly minted …
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Dec 152017
 
Foundations of Technical Analysis: FOMC Trade Setups – 2018 Outlook

In this episode of our bi-weekly webinar on the Foundations of Technical Analysis, we reviewed price action on the majors in the aftermath of the FOMC policy decision earlier this week. Keeping your focus on price is critical in being able to approach the markets from a more objective standpoint.
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Here we go! It's the TULIP thing all over again!

London-based Brad Alexander is CEO of FXLarge, a consultancy whose clients are retail forex brokers and educators who are looking for the best way to motivate, educate and inspire their clients to trade better and with more confidence. The company provides a twice weekly market update called “FX …
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'Mrs. Watanabe' Driving Bitcoin Price Higher: Deutsche Bank

Facing low domestic interest rates, many retail investors in Japan had become active forex traders over the past several decades — accounting for approximately 50 percent of all forex margin trading. These investors see cryptocurrency trading as a natural corollary to forex trading, albeit with the …
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Kenya shilling slides against dollar amid low trading

NAIROBI, Dec. 15 (Xinhua) — The Kenyan shilling ended the week lower against the U.S. dollar on Friday as it crossed down to the 103.20 level with currency traders recording low trade. The shilling traded at an average of 103.20 to the greenback down from 103.15 on Thursday, a continuation of a …
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Dec 132017
 
CBOE SEF Now Supporting FX NDFs Trading

Trading is facilitated by proprietary CBOE technology, supporting a growing slate of emerging markets currencies. … Bryan Harkins, Head of U.S. Markets & Global FX at CBOE, commented on the launch: “Our next generation SEF was built on a flexible trading and settlement model that opens unique …
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Saxo Bank's Trading Volumes Strike 2017 High in November

… win jolt markets. Meanwhile, average daily trading volumes were reported at $17.7 billion per day in November 2017, relative to just $14.9 billion per day in October 2017. … This growth was an exception in the retail industry with other brokers registering static or in some cases declining FX volumes.
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forex trading signals december 08 2017

These are the Main Daily Trading Signals for Friday. Here's how interbank compares with the technicals at 8 AM GMT. There's red across the table for the Euro/Dollar, which sees 6 sell prompts in both the short and long-term and no less than 7 bearish signals in the mid-term, but, in contrast, the …
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Alpari's Trading Volumes Seize New Year-to-Date Highs in November, Up 54% YoY

Retail forex broker Alpari has just reported its monthly trading volumes for November 2017, which took another step forward, ultimately adding to the … as well as uncertainty about the Fed's tightening cycle, trading on GBPUSD and EURUSD instruments enjoyed far greater popularity among Alpari's …
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