Forex Trading situations what is totally different.

[Marian Median]

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[Shallen Berry]

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Traders may face different and difficult situations when they begin Forex trading in the largest decentralized market. Because there are lots of rules and terms involved in Forex business. We have to keep our trading up to date. My broker ForexOne offers best deals and facilities for their clients including the – easy withdraw and deposit, instant cash back service, negative balance protection, high leverage 1:500, low spread 0.4 pips etc.

 

[mlawson71]

Unfortunately, European traders (and lately Australian and Singapore traders too) don't have much of a choice when it comes to leverage, ESMA cut it down to 1:30 at best a while ago.

 

[alexanderdebrahan]

The continued showing some resilience below the 1.2200 round-figure marks and managed to regain some positive traction amid some renewed US Dollar weakness. The latest developments on the US-China trade front threatened to derail already delicate trade negotiations and turned out to be one of the key factors weighing on the Greenback.

Brexit uncertainties continue to cap the upside
Apart from a subdued USD price action, the uptick lacked any major fundamental catalyst and remained capped in the wake of overnight reports that Brexit talks between Britain and the European Union were close to breaking down. Meanwhile, the UK PM Boris Johnson reiterated that they would leave the EU by October 31st and revived fears of a no-deal Brexit.

Moreover, the latest comments by the Irish finance minister, Paschal Donohoe clearly indicated that any Brexit deal is nowhere in the offering, which might further contribute towards keeping a lid on any runaway rally for the major. Donohoe said that there is a big gap between the UK and the EU on the crucial Irish backstop issue and constructive engagement is the only choice.

Hence, it will be prudent to wait for a strong follow-through buying before confirming that the recent slide from the vicinity of the 1.2600 handle is already over and (or) positioning for any further near-term appreciating move amid absent relevant market-moving economic releases - either from the UK or the US.

Later during the early North-American session, a scheduled speech by the Fed Chair Jerome Powell might influence the USD price dynamics and produce some short-term trading opportunities ahead of the release of the minutes of the latest FOMC monetary policy meeting held on September 17-18.