Author: rcanessa - Page 37

XTB Review 2022 – Analysis of Forex Broker XTB

by rcanessa

XTB

– STP broker from Europe specialized in Forex and CFD

-Regulated by organizations such as the FCA

-Tight spreads and low commissions

Visit Broker Website

Review of the Forex broker XTB

XTB is a regulated Forex and CFD broker in Europe, which was founded in 2002 and whose headquarters are located in Poland. It also has offices in several major European countries such as Spain and the United Kingdom, as well as offices in several countries in Latin America, including Mexico, Argentina, and Chile.

This company stands out for the variety of markets it offers to its clients, in addition to Forex, which includes stocks, commodities, and cryptocurrencies that can be traded through CFD under favorable trading conditions for the trader. It started trading on the Warsaw Stock Exchange in 2016 after a successful initial public offering that valued the company at almost $350 million.

In the following XTB review, we will present the main features and services of this online broker

EUR/USD Analysis: Recovery seems to be corrective at the moment

by rcanessa

The EUR/USD is recovering after testing the 1.1200 level, but the bullish outlook is still unclear.
The disappointing data from the United States caused the dollar bulls to be in suspense for the time being.

The EUR/USD has been moving around 1.1200 since the beginning of the day, bouncing from the area in a modest way, since the psychological barrier is a level difficult to break. However, the US currency maintains its strength, since the latest macroeconomic publications in the United States make investors doubt a turn in the monetary policy of the Federal Reserve, given that consumption continues to be resilient. The central bank of the United States is scheduled to meet this week, and its decision will be key to the dollar. Meanwhile, Benoit Coeure of the ECB warned of “gloomy” indicators on the health of the global economy, and that the risks could materialize in the next meetings.

Chande Momentum Oscillator (CMO) – Definition and Signals

by rcanessa

The Chande Momentum Oscillator (CMO) was developed by Tushar Chande, who presented it in a co-written work with Stanley Kroll called “The New Technical Trader”. This indicator was designed to calculate what Chande refers to as “pure momentum”. The objective of this indicator is to detect trend variations of greater or lesser extent. The CMO is similar, although it is unique in itself, to other indicators oriented to momentum such as the Relative Strength Index (RSI), Stochastics, and Rate-of-Change.

The CMO uses data from both bullish days and bearish days in the numerator, directly measuring the momentum. The calculations are developed with non-smoothed data. This allows extreme short-term movements to be less hidden. However, smoothing can be implemented to the Chande Oscillator if desired. The scale of the indicator is between +100 and -100 allowing the user to clearly see changes in market momentum using level 0 as a balance point.

Free $100 No Deposit Bonus of FBS

by rcanessa

During 2019, the Forex and CFD broker FBS offers a new promotion for all its customers, consisting of a free bonus of USD 100, which does not require a prior deposit by the trader. The offer, called “Trade 100″, allows the clients of this broker to trade in the Forex market and in the other trading instruments offered by FBS without using their own capital. Thanks to this, this promotion is ideal for beginning traders with little experience in trading and for more experienced traders who want to evaluate the services of the broker without risking their money in the process.

As with other promotions of this broker, clients can withdraw the profits obtained once they meet a series of certain conditions that will be described later.

– Promotion period: For now the broker FBS has not indicated a deadline for this promotion and therefore is valid throughout 2019. However, the broker can modify the terms and even cancel the offer at any time.

Binance Coin (BNB): complete tutorial for beginners

by rcanessa

The powerful and popular cryptocurrency exchange Binance has created its own cryptocurrency that functions as an internal gas. Supported by a well-established company, Binance Coin or BNB is here to stay and we explain why.

What is Binance Coin?

Symbol: BNB
Release date: 06.27.2017
Maximum amount: 200 million BNB

Binance Coin is the official cryptocurrency of the crypto exchange Binance, whose name is an acronym composed of the words “binary” and “finance”.

Mexican peso starts the week recovering against the US dollar

by rcanessa

The Mexican peso recovers the levels reached before Trump launched its tariff threats.
The MXN should lead the advances of emerging currencies this week in a context of lower risk aversion.
Mexico will seek the ratification of its legislators in the new immigration and security agreement with United States.
Read more

Types of Forex Brokers

by rcanessa

Currently there are a large number of online brokers in the market with which we can invest in all types of financial instruments such as Forex currency pairs, CFDs, stocks, stock indexes, commodities, oil, gold, silver, ETFs and more. Previously this type of investment was reserved for large investors and financial institutions but in recent years the scenario has changed radically and today anyone can become a retail trader, learning and starting to invest online from home or even from your phone mobile or tablet.

It is often difficult to know which broker to choose or what are the differences between existing companies. To try to help you in this regard, in this article we will analyze what are the types of brokers and what are the advantages and disadvantages of each of them.

Dollar shows weakness between trade tensions and key economic data

by rcanessa

The trade war between the United States and China continues to be the focus of the markets. However, in the last hours a new conflict was added, of similar characteristics, but with different causes, such as the announcement that the United States will impose, from June 10, tariffs on imports from Mexico for 5% .

In this way, not only does a new dispute begin with unpredictable derivations, but the implementation of the new trade agreement between these two countries and Canada, which the United States unilaterally called USMCA, is questioned. In addition, it generates a major concern in the US business sector, given that there are many firms that have their factories in Mexican territory, and export to the United States.

Forex Intraday Trading System ProEMAGain

by rcanessa

This Forex intraday system is based, mainly, on an interesting custom indicator for Metatrader 4 called ProEMAGain. This indicator consists of three exponential moving averages (EMA), and an RSI indicator. These indicators are common tools for the analysis of the Forex market, but here they are combined, originating a very profitable system. This combination gives the right and necessary information, in addition to being visually effective, to make decisions quickly and correctly.

It is recommended to trade with this trading strategy only in the major currency pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, and NZD/USD.

Axi Review 2024 – Analysis of Forex Broker Axi

by rcanessa

Axi

– ECN/STP broker from Australia specialized in Forex and CFD
-Tight spreads and low commissions
-Regulated by ASIC and FCA

Visit Broker Website

Axi Review – Forex and CFD Online Broker

Axi (previously known as Axitrader) is a regulated ECN/STP Forex broker from Australia, which is licensed by ASIC and allows to trade with Forex (spot market), commodities (like gold and silver), and Contracts For Difference based on many financial assets through various trading platforms. This company was founded in 2008. Nowadays it is among the main companies in the sector worldwide.

We are, in our opinion, before a very versatile broker that can serve both beginner clients, due to their low minimum deposit and trading requirements, as well as professional traders and institutional investors.

It has specific technical solutions for (money managers, multiple accounts managers (MAM accounts) and AxiSelect services (for professionals), and AxiPrime (for institutional clients).

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