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Market analysis： Overall, USD/CAD is trending upwards. Recently, USD/CAD trended into the resistance zone of 1.34200. The Canadian GDP m/m data (Forecast: 2.9%, Previous: 6.5%) will be released later at 2030 (SGT). Currently, USD/CAD is moving towards the resistance zone of 1.34200 and the next support zone is at 1.32200. If USD/CAD bounces off the resistance zone of 1.34200, look for short-term selling opportunities up until the release of the Canadian GDP data.
Jin_Forex
1day ago
Related product： Forex
Market analysis： Overall, GBP/JPY is trending downwards. The UK Final GDP q/q data (Forecast: -20.4%, Previous: -20.4%) will be released later at 1400 (SGT). Currently, GBP/JPY is bouncing off the resistance zone of 136.200 and the next support zone is at 133.780. Look for selling opportunities of GBP/JPY.
Jin_Forex
1day ago
Related product： Forex
Market analysis： Overall, EUR/JPY is trending downwards. Recently, EUR/JPY moved higher into the key level of 124. The German Preliminary CPI m/m data (Actual: -0.2%, Forecast: -0.1%, Previous: -0.1%) released yesterday indicated a slight decline in inflation in Germany. European Central Bank President Lagarde will be speaking at the ECB and its Watchers Conference later at 1520 (SGT). During this time, there may be volatility in EUR. Currently, EUR/JPY is bouncing off the key level of 124. Its next support zone is at 121.700 and the next resistance zone is at 124.600. Look for selling opportunities of EUR/JPY.
Jin_Forex
1day ago
Related product： Forex
Market analysis： USD Overview (30 September 2020) Yesterday, USD weakened against most major currencies except CAD and JPY. The U.S. Conference Board Consumer Confidence data (Actual: 101.8, Forecast: 90.0, Previous: 86.3 revised from 84.8) released yesterday indicated a strong increase in the confidence of surveyed households on the U.S. economic conditions. The U.S. Final GDP q/q data (Forecast: -31.7%, Previous: 31.7%) will be released later at 2030 (SGT). Also, the Chicago PMI data (Forecast: 52.0, Previous: 51.2) will be released later at 2145 (SGT).
Jin_Forex
1day ago
Related product： Forex
Market analysis： Overall, NZD/USD is ranging across. Recently, NZD/USD moved higher into the key level of 0.66. The New Zealand Building Consents m/m data (Actual: 0.3%, Forecast: NA, Previous: -4.6% revised from -4.5%) released earlier today indicated an increase in the number of new building approvals issued in August. Also, the ANZ Business Confidence data (Actual: -28.5, Forecast: NA, Previous: -26.0) released indicated a slight increase in the level of pessimism from the surveyed businesses on New Zealand’s economic outlook. Currently, NZD/USD is testing to break the key level of 0.66. Its next support zone of 0.65200 and the next resistance zone is at 0.67600. Look for short-term buying opportunities of NZD/USD if it breaks above the key level of 0.66.
Jin_Forex
1day ago
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Today, I would like to share some of the biggest misconceptions of trading that I have seen with many traders.
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With the Canadian dollar hampered by oil prices, USD/CAD may embrace further upside in the foreseeable future amid the unstable rally in the US dollar.
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Currencies and equities sold off sharply on 21 Sept. as virus cases in Europe hit new record highs.
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my asset has been closed but still have left 2 dollars but cant open it, what should i do to reopen my asset again. or better not to trust them Im just a beginner
2020/10/1 15:47:01
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2020/10/1 9:16:54
News
Markets suspended in uncertainty ahead of the first U.S. 2020 presidential debate, which was held on September 29 local time.
Image copyrightGetty ImagesImage caption One of the main drivers of plant extinction is clearance of
Britain faces a surge in insolvencies unless the government extends measures designed to shield firms struggling amid the coronavirus crisis, a business lobby warned Wednesday.
Industry
Image copyrightReutersImage caption The IATA downgraded its forecasts after "a dismal end to the sum
Offshore wind power in Japan will be able to replace more than half of the nations generation capacity forecast to retire by mid-century, according to an industry group promoting its developments.
Central banks were likely one of the actors behind a selloff in U.S. Treasuries during the height of the Covid-19 financial strains in the spring, according to the Federal Reserves top official for supervision.
Boris Johnson will try to regain control of his coronavirus strategy as a rebellion from his own Conservative colleagues and a series of government gaffes knocked his plans off course.
Micron Technology Inc. shares fell after the largest U.S. chipmaker said it recently halted shipments to Chinas Huawei Technologies Co.
Irish Foreign Minister Simon Coveney said he saw a “good chance” of a trade deal between the European Union and the U.K., striking his most upbeat note over the prospects for an accord since a controversy erupted over Prime Minister Boris Johnsons plan to to re-write the Brexit withdrawal agreement.
Image copyrightReuters LVMH once said that Tiffany "stood for love" but it now describes the New Yor
Bank of England Governor Andrew Bailey urged the U.K. government and the European Union to reach a trade deal or risk seeing their economies suffer.
Industry
SHARE THIS ARTICLE ShareTweetPostEmailBank of England Governor Andrew Bailey pushed back against sp
The European Union rebuffed Britains latest effort to unblock their deadlocked trade talks, a sign that the eight-month long negotiations will struggle to hit a key milestone this week.
Industry
Canadas population growth came to a near halt in the first three months of the pandemic as travel bans and closed borders slowed immigration and kept temporary workers and students out.
Kenyas central bank held its key interest rate for the fourth straight meeting as policy measures including 150 basis points of cuts are having the intended impact on the economy.
Consumer confidence rebounded in September by the most in more than 17 years as Americans grew more upbeat about the outlook for the economy and job market, though sentiment remained below pre-pandemic levels.
Federal Reserve Bank of Dallas President Robert Kaplan said he dissented at the central bank‘s September meeting so that future policy makers wouldn’t be forced to keep rates near zero.
The U.S. merchandise-trade deficit widened in August by more than expected to a fresh record as companies raced to replenish depleted stockpiles with imports in the face of firmer demand.
Image copyrightPA Media MPs have given their final backing to government plans to override parts of
Image copyrightPA Media MPs have given their final backing to government plans to override parts of
Economic confidence in the euro area improved for a fifth month, albeit at a slower pace as resurgent virus infections cast uncertainty over the outlook.
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Global Business
Within 1 year | Regulated in United Kingdom | Appointed Representative(AR) | MT4/5 full license | Regional Brokers
1-2 years | Regulated in United States | MT4/5 full license | Regional Brokers
2-5 years | Regulated in Vanuatu | Retail Forex License | MT4/5 full license | Regional Brokers
2-5 years | Regulated in Australia | MT4/5 full license | Regional Brokers
Within 1 year | Regulated in United States
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
15-20 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Regional Brokers | Medium potential risk | Offshore Regulatory
15-20 years | Regulated in Australia | Market Making(MM) | Non MT4/5 Software | Suspicious Scope of Business | China Hong Kong Futures & Forex License Revoked | Suspicious Overrun | Medium potential risk
15-20 years | Regulated in Australia | Market Making(MM) | Non MT4/5 Software | Suspicious Scope of Business | Medium potential risk
15-20 years | Regulated in United Kingdom | Market Making(MM) | MT4/5 full license | Regional Brokers | Suspicious Overrun | Medium potential risk
10-15 years | Regulated in Australia | Market Making(MM) | MT4/5 full license | Global Business
Negative Comment
The team’s site visit confirms that there is no office of Stock Forex AF. Please be prudent when trading with this broker.
Negative Comment
The inspection team’s on-site inspection confirms the actual address of the licensed broker Berndale Capital in Australia doesn’t match the address from the broker’s regulatory information. The inspection team identified that the broker is under no valid regulation at present as the broker’s full license (No. 290108) issued by ASIC is canceled.
Negative Comment
It was confirmed after the surveyors’ inspection that the real address of YingLun in Australia was different from its regulation address. The broker’s two MM Licenses respectively issued by ASIC and CySEC and its STP License issued by FCA were suspected to be clones.
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