Day: December 11, 2016

December 11
2016

NZD/USD in Long-Term Ascending Channel on Weekly

NZD/USD is still rising inside an ascending channel that has began forming in August of 2015. This channel follows a major downward wave that had brought the currency pair down by 30%. The formation may serve as a continuation pattern with a breakout signaling a good shorting opportunity in New Zealand dollar. The channel itself is marked with the yellow lines on the chart screenshot below. The cyan line will serve as my entry […]

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December 11
2016

Forex Brokers Update — December 11th, 2016

One new company has been added to the list of Forex brokers on EarnForex.com during the week that ends today: FP Markets — a regulated Australian FX broker with standard and ECN MT4 accounts. The minimum size for the standard account is $100, and the minimum for ECN is $10,000. Leverage is capped at 1:500 for both account types. FP Markets Some other brokers have been updated: Forex Club rebranded to Libertex. […]

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