GBPUSD: The pair followed through lower on the back of its Monday losses on Tuesday. This development leaves GBPUSD threatening further downside pressure in the days ahead. On the downside, support lies at the 1.4250 level where a break will turn attention to the 1.4200 level. Further down, support lies at the 1.4150 level. Below … “GBPUSD: Sells Off On Price Weakness”
Category: Forex Bits
Admiral Markets makes big changes in trading conditions
Forex broker Admiral Markets will significantly change trading conditions from March 28th. This including different spreads, leverage levels and other changes. Here is more information from the official press release: From the session opening Monday March 28 2016, Admiral Markets CFDs on indices and commodities will be more: accessible, via reduced margin requirements and contract … “Admiral Markets makes big changes in trading conditions”
CFI Markets joins WRC as Official Forex Trading Partner
Forex broker CFI Markets has officially joined the World Rally Championship as the official forex partner. Here is more information from the official press release: WRC Promoter agrees partnership with CFI Markets CFI Markets becomes Official Forex Trading Partner of FIA World Rally Championship CFI Markets is one of the leading online FX and CFDs trading … “CFI Markets joins WRC as Official Forex Trading Partner”
AUDUSD: Weakens, Sees Corrective Pullback Risk
AUDUSD. Having the pair capped its strength at 0.7593 level to close lower on Monday, a move further lower is now underway. On the downside, support resides at the 0.7450 level where a breach will aim at the 0.7400 level. Below that level will set the stage for a run at the 0.7350 level with … “AUDUSD: Weakens, Sees Corrective Pullback Risk”
GBPUSD: Bull Pressure To Target The 1.4400 Level
GBPUSD: The pair remains biased to the upside on corrective recovery leaving risk of more strength on the cards. On the downside, support lies at the 1.4250 level where a break will turn attention to the 1.4200 level. Further down, support lies at the 1.4150 level. Below here will set the stage for more weakness … “GBPUSD: Bull Pressure To Target The 1.4400 Level”
GOLD Faces Further Bullish Momentum On Rally
GOLD: Having closed higher and seen following through during early trading today, GOLD faces further sees bullish momentum. On the downside, support comes in at the 1,270.00 level where a break will turn attention to the 1,260.00 level. Further down, a cut through here will open the door for a move lower towards the 1,250.00 … “GOLD Faces Further Bullish Momentum On Rally”
USDJPY: Remains On Recovery Offensive
USDJPY: With the pair reversing its Tuesday losses on Wednesday, further bullishness is likely. On the downside, support comes in at the 112.50 level where a break if seen will aim at the 112.00 level. A cut through here will turn focus to the 111.50 level and possibly lower towards the 111.00 level. On the … “USDJPY: Remains On Recovery Offensive”
EURGBP Remains Vulnerable On Corrective Pullback
EURGBP- The cross took back all of its previous week gains to close lower the past week. This development leaves risk lower in the new week. Support comes in at 0.7700 level. Further down, support lies at the 0.7650 level where a violation will turn focus to the 0.7600 level. A break will expose the … “EURGBP Remains Vulnerable On Corrective Pullback”
GOLD: Vulnerable Below The 1263/79 Zone
GOLD: With GOLD closing higher the past week (see weekly chart), further strength is expected. However, while it trades below the 1263.00/1279.00 resistance zone, risk of a move lower is likely. On the downside, support comes in at the 1250.00 level where a break will turn attention to the 1240.00 level. Further down, a cut … “GOLD: Vulnerable Below The 1263/79 Zone”
How can social assist conversion
One of the biggest conversion hurdles a brokerage faces is a trader’s fear of the unknown. A newbie trader who has zero knowledge of the Forex trading market may be hesitant to make a first deposit, but with social trading, a brokerage can ease a new trader’s fear and put him on the track to … “How can social assist conversion”