If you are a new trader, you will be better off opening a trading account with GKFX in light of what they are offering their traders. It is also important to mention that the latest downside Short term key support and resistance The numbers below are the lowest spreads for various instruments. For more information about trading with AvaTrade, we have put together an indepth AvaTrade review with the pros and cons about this broker. The WebTrader Platform is a welcome addition.
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How would you rate our site on a scale of 1 to 5, 5 being the highest and 1 being the lowest? Your Complete Trading Package: Access the Cryptocurrency Markets. Access the Cryptocurrency Markets Find out more. Now part of our complete Spread Betting package. Unlimited Access to Our Exclusive Webinars. Never miss an update: GKFX 's Autochartist allows you to get a quick overview of the state of the markets.
Trade automation made beautifully simple. Reach unbiased trade ideas Build your trading skill set Learn about patterns and technical events Monitor your time and trades Never miss an opportunity Tailor ideas to your individual preffered currency pairs. Learn more about GKFX and the products that we offer. Authorised and regulated by the Financial Conduct Authority. FCA registration number The breakout below the recent sideways consolidation favors the continuation of the bearish wave.
Risk limit above The EURUSD pulled back slighty higher towards the broken rising support for the ascending channel, before finding new selling pressures and attempting to resume the very short term bearish pullback. We still see a potential for a retest of 1. Gold broke higher; the price has taken resistance levels and prior highs, extending the upside to around The price faces This level remains the key towards the short term direction for the pair.
Where a break below it will confirm a double top pattern and may extend the downside for the pair towards 1. Bearish breakout below 1. The EURUSD dips towards the rising chnanel support as the price continues to pullback lower within the context of the short term uptrend that started from 1. Holding below the channel support may extend the downside towards 1. However, without a clear break below that support the short term trend remains intact. Only a break below Bearish if below The price managed to exit the rising channel, approaching the days simple moving average and the neckline of the previously completed inverse head and shoulders pattern both reside around 1.
Maintaining the uptrend Series of higher highs and higher lows. Holding above the rising channel support favors the bullish scenario over the short term. Targeting the main resistance area around 1. If we break below 1. GBPUSD extended the upside following the break above the short term falling trend line for the latest downside pullback dotted black. The short term uptrend continues to be intact and more upside remains favored within the context of the rising channel.
Over intraday basis, 1. The pair continues to trade in an rising channel, maintaining the sequence of higher highs and higher lows. Accordingly, the upside remains favored over the short term. However, a key medium term resistance area start at 1.
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Spread bet and CFD trading with GKFX, FCA regulated online Forex broker. Trade on FX, CFD Trading, Spread Betting, Indices and Cryptocurrency trading. Award winning Global Forex broker. GKFX is an online forex trading service provider who are regulated by the Financial Conduct Authority, Bafin. To open an account with GKFX, minimum deposits start from $1. With GKFX you can trade FX, equities, indices, and commodities. GKFX Financial Services Ltd (GKFX), formerly known as Smart Live Financial Services Ltd, was established in as an online trading platform that offers spread betting services and trading.