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Day: May 31, 2015
May 312015
Forex Brokers Update — May 31st, 2015
Five new companies have been added to the list of Forex brokers this week: Valutrades — a British broker with proper regulation and very favorable trading conditions. The minimum account size is $100 and the maximum leverage is 1:400. Commodities and index trading is also available. The only platform is MetaTrader 4. Valutrades FXRANEX — a Belizean Forex company with cent, mini, and standard accounts. They only offer currency […]
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May 312015
Reverse Head-and-Shoulders on Daily Chart of EUR/CAD
The recently formed head-and-shoulders bottom pattern on the euro vs. loonie daily chart could be called a classic example of the reverse H&S if only its right shoulder were not so rough and spiky. The pattern is terminating a long-term downtrend that has started back in March of 2014. The left shoulder began to unfold on March 5 this year, and the head reached its lowest level on April 17. The lengths of both […]
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