The consolidation phase, which the EUR/USD currency pair has entered following a rapid downtrend in April, lasts for quite a long time now. Its apparent symmetrical triangle form promises an interesting opportunity for shorting EUR/USD once the downside breakout occurs. You can see the sides of the triangle marked with the yellow lines. The potential entry level is at the cyan line, which is placed at 10% of the triangle’s base width below the lower […]
Read moreNo new brokers have been added during the last two weeks. Here is the list of updates to the list of Forex brokers that happened during the period: FXGlory is no longer regulated in Georgia. The company closed its offices there and in Bulgaria, but opened offices in Cyprus, the United Kingdom, the United Arab Emirates, and Switzerland. The accepted payment methods now also feature Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and PayPal. […]
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