Intraday Analysis 27.08.2024 – Orbex Forex Trading Blog

Westfield Review Westfield broker is yet another fraudulent enterprise that takes advantage of investors who are under the impression that they will receive high returns. Despite the fact that it presents itself as a trustworthy trading platform, users have reported considerable difficulties in withdrawing their monies. They frequently experience frozen accounts and customer service is…

The USD/CAD chart is currently showing clear signs of a bearish trend, characterised by a sequence of lower highs and lower lows (A→B→C→D→E→F→G). This week’s decline suggests the downward structure may continue to develop, putting the current yearly low around the 1.3770 level at risk. Why Is USD/CAD Falling? On one hand, the US dollar…

Derivatives marketplace firm CME Group announced a series of leadership changes on Friday, including the extension of Chairman and Chief Executive Officer Terry Duffy’s contract through December 2026. The company also revealed it has promoted Chief Financial Officer Lynne Fitzpatrick to the expanded role of President and CFO.  Additionally, Julie Holzrichter, who served as Chief…

Forex trading platforms like MT4 are essential for executing trades effectively. But they can encounter problems that disrupt trading. Here’s a quick overview of common issues and how to fix them: Network Issues: Unstable internet or firewall settings can cause missed trades. Use a wired connection and ensure ports 443 and 80 are open. System…

The BOE gang is widely expected to keep its policies unchanged in December. That doesn’t mean the British pound won’t see increased volatility though! We have the points you need to know if you’re planning on trading the BOE’s decision and presser: This Article Is For Premium Members Only Become a Premium member…