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Day: April 6, 2014
April 62014
Forex Brokers Update — April 6th, 2014
Another week has passed without new additions to the list of brokers on EarnForex.com. Meanwhile, there were some minor updates to report: FXOpen added BTC/CNH and LTC/CNH currency pairs to trade Bitcoin and Litecoin against the Chinese yuan. Ingot Brokers open an office in Australia and become regulated by ASIC. Real ECN launches Spanish website. Alfa-Forex adds Hebrew version of their website. If you have any questions or comments regarding […]
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April 62014
Minor EUR/USD Descending Channel
EUR/USD has formed a downward channel on its daily chart. The currency pair is declining since March 19, following an uptrend that lasted for a month and a half. It is now natural to expect a tradable bullish breakout from the current channel pattern. As you can see on the image below, the descending channel is marked with the yellow borders. The entry level that I will use is located above the upper border […]
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