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Panama President to Veto Crypto Bill Citing Inefficiencies Against Money Laundering

President of Panama Laurentino Cortizo has asserted that the recently approved cryptocurrency bill might be ineffective in curbing illegal crypto activities like money laundering. The President of the Central American nation made the comments at the Bloomberg New Economy Gateway Latin America conference in Panama City, where he noted: “If I’m going to answer you […]

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Lucky Block Price Forecast: LBLOCK/USD Soars to the Moon

Lucky Block Price Forecast – May 20 The Lucky Block price forecast is extremely bullish as it breaks through the major resistance zone at $0.002100. LBLOCK/USD Long-Term Trend: Bullish (30-Minute Chart) Key Levels: Supply Zones: $0.002500, $0.002100, $0.001800 Demand Zones: $0.001220, $0.000910, $0.000780 LBLOCK/USD shoots to the moon as the market breaks through multiple resistance […]

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DeFI Coin Price Forecast: Bullish Divergence on DEFC to Set Buyers in Motion

DeFI Coin Price Forecast: May 20 The DeFI Coin price forecast is a bullish reversal at the $0.2320 demand level. A bullish divergence indicates the beginning of a shift in the market’s delivery.   DEFCUSD Long-Term Trend: Bullish (30-Minute chart) Key Levels:  Supply Zones: $0.5650, $0.4730Demand Zones: $0.3730, $0.2320DEFCUSD coin volatility has reduced significantly, showing the […]

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Guide: What is NFTs, and Should You Invest in Them?

Everyone is talking about NFTs and has been for a while now. It seems like NFTs are taking hold in many places, so they might be here to stay. If you’re interested in buying NFTs and want to know more about them, you can get insights by reading this guide. Most people interested in crypto […]

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USDCHF Price Commences a Bearish Reversal at $1.00 Level

USDCHF Price Analysis – May 20 When the support level of $0.96 holds, bullish momentum may increase, USDCHF price may bounce off the level, then, 0.97 levels may be reached and it may incline to $0.98 and $0.99 level.  Should the bears break down the support level of $0.96, the price may decrease towards $0.95, […]

5 hs

USD/CNH Price Glides Near 6.7400, as the Interest Rate Is Kept at 3.70 Percent by the People’s Bank of China (PBOC)

USD/CNH price action was still near the 6.7400 price level, as PBOC stayed its interest rate at 3.7 percent. The pair price action is becoming more active, and this is because the dollar Index is currently above 103.00. Recently, the dollar Index dipped to 102.66, which: had a significant effect on the USD. The annual […]

6 hs

Binance Coin (BNBUSD) Price: Buyers’ Pressure Equal Sellers’ Pressure, Awaiting a Breakout

BNBUSD Price Analysis – May 20 An increase in the buyers’ pressure will push up the Binance Coin to break the resistance level of $325 which may increase further to $397 and $456 levels. Failure to break up the resistance level of $325 by the bulls, BNBUSD may break down the $256 and bearish trend […]

7 hs

Dogecoin Declines as the Upward Correction Faces Rejection at $0.092

Key Resistance Levels: $0.45, $0.46, $0.47Key Support Levels: $0.25, $0.20,$0.15 DOGE/USD Long-term Trend: BearishSince May 12 price slump, Dogecoin’s (DOGE) price has been trading above the $0.068 support as it faces rejection at $0.092. The cryptocurrency has been fluctuating between $0.068 and $0.089 price levels. For the past week, the coin has been confined in […]

8 hs

USDJPY Sellers Are Determined To Recover The Price To The 126.900 Level

USDJPY Analysis – May 19 USDJPY sellers are determined to recover the price to the 126.900 key zone as a consequence of bullish displacement on the pair. The selling opportunity seeks to correct the USDJPY value despite its being in a bullish saga. Above the 126.900 resistance level, the buyers have been affirming the price […]

10 hs

FTSE100 Is in a Sideways Trend as It Faces Rejection at 7538

Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) price has been in sideways move as it faces rejection at 7538. Since January 17, Buyers have failed to keep the price above level 7600 overhead resistance. Since April 8 rejection, UKX has been falling as price made […]

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FX Leaders Forex News & Strategies

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.