Day: April 24, 2016

April 24
2016

Forex Brokers Update — April 24th, 2016

The last three weeks have seen some numerous updates to the existing brokers but only one addition of the new company to the list of brokers on EarnForex.com. TradeWiseFX — an offshore broker from Saint Vincent and the Grenadines with classic and ECN account types. Both are based on MetaTrader 4 platform and have $25 minimum size. TradeWiseFX Updates during the period include: AMarkets no longer has offices in the USA, Singapore, and the UK. Opened […]

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April 24
2016

USD/CAD in Descending Channel Since January 2016

A very long descending channel can now be seen on the daily chart of the USD/CAD currency pair. It had started forming right after the multi-year peak registered on January 20. As a continuation pattern, descending channel interrupts an uptrend, which is to be continued following a bullish breakout of the upper border. The chart screenshot below shows the channel itself outlined with the yellow lines. The cyan line points to an entry level in case […]

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