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Abstract:WikiFX| Daily F.X. Analysis, Sept 21 |Arslan Ali Butt-KOL
WikiFX, a third-party forex broker inquiry platform, has collected
the information of 19,000+ forex brokers, 30 regulators, and helped
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Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Gold is strongly bearish due to the USD’s appreciation. It’s traded at $1,852 level, right below $1,864 former low signaling a massive pressure. Yesterday’s major drop from $1,900.20 to $1,855 confirms a deeper corrective phase.
The overall market bias sentiment is strongly bearish, price has shot down past the main level of low handle price range for the trading month of August and looking at the assigned charts posted below on the daily charts, we should expect long extended sell off as market participants are looking to pivot around the 200 MA.
WikiFX| Daily F.X. Analysis, Sept 24 |Arslan Ali Butt-KOL
In the last five years, brokers originally from South Africa have not received the greatest reception. While there are plenty of international brokers for South Africans, many clients have been looking for brokers closer to home. There are almost countless legit firms internationally that are used by South Africans.