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Day: May 1, 2016
May 12016
Forex Brokers Update — May 1st, 2016
Just a few minor updates to the brokers this week: AvaTrade now accepts Neteller, PayPal, Skrill, and WebMoney deposits. FXPRIMUS added Arabic version of its website. PaxForex removed FixSpread account type and lowered spreads somewhat in Mini accounts. AAFX Trading added personal managers and affiliate program. They no longer require mailing of paper documents to finalize account opening. Added MT4 demo accounts. If you have […]
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May 12016
Euro in Symmetrical Triangle Consolidation vs. New Zealand Dollar
A symmetrical triangle has formed on a weekly chart of the EUR/NZD currency pair. It is not a perfect example of such pattern because the upper slope is a bit steeper than the lower one. Nevertheless, it can serve as a good breakout entry setup considering the fact that it acts as a consolidation funnel following a rather strong uptrend wave. It is a long-term pattern — the base of the triangle is in September 2015, so […]
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