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AUD/JPY Faces Rejection at Level 77.00, a Downward Move Is Likely

Key Resistance Levels: 74.00, 76.00, 78.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BullishThe AUD/JPY pair is now in an upward move. The pair is currently facing resistance at level 77.0. On November 9, a retraced candle body tested the 61.8% Fibonacci retracement level. This retracement indicates that the pair is likely to […]

1 h

France 40 (FR40EUR) Is in the Overbought Region, May Resume Downward

Key Resistance Zones: 5900, 6000, 6100Key Support Zones: 5400, 5300, 5200 France 40 (FR40EUR) Long-term Trend: RangingFR40EUR index is in an upward move. On November 10 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement indicates that the pair will rise and reverse at level 1.272 Fibonacci extensions. That is at […]

8 hs

Ethereum (ETH) Price Analysis: Ether Reaches Target Price of $620 High, Faces Strong Selling Pressure

Key HighlightsEthereum rebounds to reach the target price of $620 highEther is in a downward move after rejection at $620 Ethereum (ETH) Current StatisticsThe current price: $582.16 Market Capitalization: $66,119,012,987Trading Volume: $18,754,000,214Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis November 25, 2020Ethereum reaches the $620 price level but resumes […]

9 hs

Altcoin to Exceed Bitcoin in Gains in the Next Cryptocurrency Bubble

Bitcoin (BTC) is now just a few hundred dollars away from reaching a new all-time high, as it continues to maintain its bullish undertone. That said, the closer the benchmark cryptocurrency gets to its $20,000 peak, the more bullish altcoins will react. This week, BTC broke the $19,000 mark for the first time this year […]

9 hs

GBPJPY Upside Move Capped by 139.74 Barrier As Mild Risk Tone Revives JPY Demand

GBPJPY Price Analysis – November 25 GBPJPY stalls upside move and stays capped by up to two-week highs at 139.74 level, the cross witnessed a modest pullback on Wednesday. The GBPJPY witnessed some selling and dropped to fresh daily lows around 139.00 level. Key LevelsResistance Levels: 142.71, 140.31, 139.74Support Levels: 138.38, 137.50, 134.40GBPJPY Long term […]

15 hs

NZD/USD Still below sell zone

The NZD/USD spiked earlier this week on massive retail sales growth (q/q) to trade above the 0.70 zone but bulls were not able to continue this move beyond this level. Let’s talk about the sell zone for the kiwi against the US Dollar. The top of the zone is the highs made in early June […]

15 hs

XAGUSD Finds Support in the Vicinity of $23.00 Zone on Mild USD Ease

XAGUSD Price Analysis – November 25 Silver (XAGUSD) extended its rally after a rebound from lows around the vicinity of $23.00 zones during the European session on Wednesday. The dollar is keeping a little milder on the session now as it pares its earlier advance against the shining metal. Key LevelsResistance Levels: $26.00, $24.50, $23.50Support […]

16 hs

EUR/CHF Is in a Downward Move, May Reach the Low of 1.0744

Key Resistance Levels: 1.0800, 1.0900, 1.1000Key Support Levels: 1.0600, 1.0500, 1.0400 EUR/CHF Price Long-term Trend: RangingThe pair has risen to level 1.0822 and it is facing resistance at the recent high. Today candlestick has a long wick at the upper price level. This indicates a strong selling pressure at a higher price level.Therefore the pair […]

16 hs

USD/CAD Is in an Oversold Region, May Resume Upward

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 USD/CAD Price Long-term Trend: BearishUSD/CAD has been in a downward move. The overall trend is bearish but there are bullish signals. A retraced candle body tested the 61.8% Fibonacci retracement level. This indicates that the pair will fall to level 1.618 Fibonacci extensions. That […]

17 hs

Gold Comes Under Immense Bearish Pressure as Market Mood Stays Positive

Gold (XAU/USD) climbed modestly in the early European session and was last spotted trading at $1812. The yellow metal found strong support at the $1800 psychological line yesterday, which appears to be stalling any further decline for the commodity. Meanwhile, sustained weakness surrounding the US dollar (DXY) has also extended some support to the dollar-denominated […]

20 hs
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Choosing the Best Forex Brokers For Trading

All looks simple, but until you come across the worst broker, it is when you’ll realize that trading forex is not a walk in the park. Working with the best forex broker will determine how successful you can become in the market. Interestingly, there’re several brokers available, with almost all of them claiming to be the “best.” However, not all deliver what they promise or simply what they claim to offer. Therefore, it requires that you go the extra mile to define which broker is really the best for your needs.


How Do Brokers know the Stocks to Invest In?

Everybody has got an option, and when it comes to the tricky game of investing and trading, it’s no difference. If you went out to seek recommendations on the stock to invest in, you’d probably get several of them with each professional giving a reason for their choices. But the question stands, how do brokers pick the right stocks to invest in?

Author : Michael Fasogbon


Michael Fasogbon is a professional Forex trader and cryptocurrency technical analyst with over five years of trading experience. Years back, he became passionate about blockchain technology and cryptocurrency through his sister and has since been following the market wave.