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Day: August 20, 2017
August 202017
GBP/NZD Consolidates in a Symmetrical Triangle After a Fall
The pound had experienced a rather strong rally against the New Zealand dollar from the beginning of 2017 through the middle of May. It then entered a similarly rapid downtrend, which stalled near the end of June. Since then, the currency pair entered a consolidation phase, which has now took a form of a symmetrical triangle pattern. That triangle is marked with the yellow lines on the chart screenshot below. The cyan line is […]
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August 202017
Forex Brokers Update â August 20th, 2017
One new broker has been added to the list of FX companies on our website this week: Global Prime — a regulated Australian broker with MT4 platform and $500 minimum account size. It offers very low fixed spreads but charges commission for trading. The maximum leverage is 1:200. Global Prime Updates to the listed brokers included: LiteForex has been completely merged with its counterpart (Liteforex-Europe, ex-Mayzus). […]
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