USD/JPY Weekly Outlook – Action Forex
July 2, 2022
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USD/JPY edged higher to 136.99 last week but failed to sustain above 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81 and retreated. Initial
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FX Primus was established in 2009. A relative new comer in the forex market game presiding from Cyprus. Their slogan of “the safest place to trade” can be considered a bit of an overstretch but it is something they are improving upon gradually.
FX Primus is regulated by some major regulators in the trade market and are even targeting some lesser ranked regions which can create a positive image in those sectors
While three account types exist, they appear to offer the same core trading environment. The structure of the account types suggests the broker’s poor understanding of market trends and client needs.
The type of account better suited for new comers in the trade game
The account more associated with the experience traders as opposed to the standard version
As the name implies, this account is considered to be the exclusive account not allotted to many customers
FXPRIMUS offers the full suite of the MT4 trading platform, which consists of a desktop client, a webtrader, and a mobile version. Thousands of third-party add-ons allow traders to customize and enhance their trading experience further. This is where they lack the most providing only one form of a trading platform which for some customers is an outdated version as they prefer more of a specialized trading platform when associating themselves with am Online Forex Broker.
The education material on a stand point seems to lack effort. Basic stuff such as reading materials, blogs and articles are provided to customers and some of the public content is published on their website but seems to lack genuine effort and detailed aspect of the knowledge itself as compared to other well-known forex brokers such as Graphene FX Brokers, Pepperstone. The lack of research data provided seems to push it down further as customers tend to look elsewhere if they cannot find the required material they need to help them further
USD/JPY edged higher to 136.99 last week but failed to sustain above 61.8% projection of 114.40 to 131.34 from 126.35 at 136.81 and retreated. Initial
GBP/USD was still bounded in range above 1.1932 last week and outlook is unchanged. Initial bias remains neutral this week first. On the downside, break
USD/CHF edged lower to 0.9493 last week but quickly recovered. Initial bias stays neutral this week and outlook is unchanged. Price actions from 1.0063 are
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Working with FXPrimus is turning out to be very costly. Their spreads are sky-high, I want to change my broker.
Very satisfied working with FX Primus, since I am new it was really good for me to get assistance from a personal account manager.
I am so disappointed in this broker’s services, I contacted their customer services due to delayed withdrawals but they were so rude and did not help me at all.
They should really work on their customer services, I have sent so many emails and did not receive a response from any of them.
FX Primus not only has great trading services but their promotional offers are also very beneficial and interesting, giving an opportunity to make more money.