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Day: January 29, 2017
January 292017
Double Bottom May Put an End to GBP/USD Downtrend
The double bottom that is currently forming on the daily GBP/USD chart has a potential for stopping the medium-term bearish trend that persists since the Brexit referendum. The formation is not ideal — it lacks symmetry and has a malformed middle part. Yet it may offer a valid trading signal in case of the upside breakout. The image below shows the double bottom marked with the yellow lines. The lower one marks the two troughs. […]
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January 292017
Forex Brokers Update â January 29th, 2017
Another week has passed without new brokers added to EarnForex.com. However, there are some updates to report on: EXNESS stopped supporting Payweb and Ukash deposit/withdrawal methods. No longer provides customer support via its offices. Binary.com increased the maximum possible leverage on its Forex instruments from 1:100 to 1:1000 and on its Index instruments — from 1:200 to 1:500. TrioMarkets no longer supports CashU deposits. Revamped […]
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