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Day: August 5, 2012
August 52012
Forex Brokers Update — August 5th, 2012
FXOpen launches its Australian ASIC-regulated broker — FXOpen AU — which is to act as a separate company in the retail Forex market and to offer services different from the original FXOpen. FXOpen AU only offers ECN account types: FXOpen AU Just two changes to the previously listed brokers: United World Capital now offers German website language. FXPro closes offices in Australia and Cyprus. Typical spread for ECN accounts changed […]
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August 52012
EUR/GBP Shows Another Ascending Channel, This Time on H4
Following the June daily chart ascending channel with a nice breakout outcome, EUR/GBP is now presenting another similar pattern — this time on a 4-hour chart. The top border of the channel is active since July 20, while the bottom one became a support level on July 30. As with all the ascending channels, a bearish breakout should be expected for a high-probability trade. Of course, you may try trading this currency […]
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