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Foreign exchange market

AUDUSD: Australian Dollar Depends On Chinese Yuan


 

 

Weak data make the Australian Dollar rather vulnerable. The poor GDP and unemployment stats for Q4 201, which failed to come up to the expectations, will press the Australian Dollar. That is why some analysts recommend opening long trades around 1.03-1.04.

 

 

 

 

 

 
Some analysts form BNP Paribas also speak about the possible short-term weakness of the Australian currency.  If the Chinese Yuan stops appreciating, this may impose extra pressure on the Australian Dollar.
 
According to the Department of Masterforex-V Trading System , the Australian Dollar has suspended its weakening against the US Dollar. At this point, the price has completed the downswing – wave A/B of Daily 2. The closest levels of resistance is 1.0651. If it is broken, the rally will be resumed. A break below 1.0422 will continue the forming of wave А/В of Daily3. The closest level of support is 1.0401.

 

 

 

 

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Alpari Launches New ECN Accounts

Apparently, any Forex trader's success in trading currencies profitably depends on a number of crucial factors, including a reliable partner – a reputable Forex broker. The quality and flexibility of trading conditions offered and services rendered by such a broking company contributes a lot to long-term success in trading Forex professionally and efficiently. A reputable broking company is always a client-oriented company interested in its clients' success. Which means there is no conflict of interest between the Forex trader and the broker.
 
Publication date: 21 August 03:35 PM

Forex. EURUSD: Euro Starts Thursday From Strengthening Versus Dollar

 

Yesterday's trading session was entirely bearish. The currency pair was going down continuously, thereby setting new local lows one after another. The latest downswing was seen instantly after the FOMC published meeting minutes.
 
According to the minutes, the US economy is recovering at a moderate pace. The economic activity in the USA restored completely in Q2 2014. The American economy is currently seen more investment inflows as the US labor market has already recovered up to the pre-recession level.
Publication date: 21 August 06:42 AM

Forex: Dollar gains Value Against Other Majors After Fed Meeting Minutes

 

Yesterday, on August 20th, the US Dollar made a sharp increase against a basket of 6 other majors instantly after the Fed revealed its meeting minutes. The minutes read that the central bankers acknowledge higher inflation along with a better state of affairs in the US labor market.
Publication date: 21 August 06:23 AM

GBPUSD: Dollar Gains Value Versus Pound Mid Lower UK Housing Prices

 

The British housing market continues showing weakness in August. This is confirmed by the results of the survey conducted by Rightmove. According to the experts, the current weakness of the British housing market is mainly caused by higher demand coupled with lower housing prices in London. At this point, the average price of residential property has dropped down to 262 401 pounds. August's price drop is currently equal to 2,9%. This means that the bearish tendency started in July is still underway. It turns out that this month's drop is the biggest one seen by Rightmove.
 
Publication date: 19 August 11:59 AM

RVD Markets Starts 10% Bonus for Forex Investors and Managers

 

These days investment at Forex market is one of most perspective variants of investing one’s means. Owing to the fact that the international exchange market is the largest trading ground in the world with day-to-day turnover of several trillion dollars, as well as owing to its progressive innovative technologies, anyone can gain regular income at it.
Publication date: 19 August 09:55 AM

EURUSD Starts Trading Week With Decline

 

The common European currency is still trading within the scope of the 1.3358-1.3411 price range, formed on Friday, However, the price is currently going down to the bottom of the range while staying within its boundaries during today's European trading session.
 
Publication date: 18 August 05:02 AM

Concord Bay Offers Forex Traders to Become Co-owners of the Company

These days there seems to be no serious broker company at Forex market, which is not trying to become as closer as possible to its clients. As a rule, this concerns setting tighter relationships with traders by providing most profitable trading terms and developing various bonus and partner programs. According to specialists, at modern stage struggle for clients is a basis of competition between brokers.

Publication date: 17 August 05:33 PM

Masterforex-V Academy Expert On Choosing Reputable Brokers

Choosing a fair and reliable broker is essential for successful Forex trading on live accounts. A broker is a financial mediator helping you to reach the interbank liquidity.

 
Publication date: 15 August 12:33 PM

Masterforex- Expo: 25 Most Reputable Forex Brokers. August 2014

 

Today it is not that easy to find a reputable and reliable broker, which can be trusted 100%. A reliable trading partner is definitely as important as a profitable trading strategy along with trading skills and valuable knowledge. Indeed, does it really matter how good you are at Forex trading if your broker can let you down at any minute by giving you non-market quotes, order execution errors or by simply refusing to pay? The answer is obvious. Choosing a reputable Forex broker is one of the cornerstones of success in this risk but profitable human activity…
 
Publication date: 15 August 12:09 PM

International Association of Forex Traders (IAFT) – Your Source of Higher Forex Profits

The IAFT is the world's first official international association embracing thousands of Forex traders from all over the world. The union offers you a unique cash-back option! The IAFT's major goal is to found highly profitable and 100% secure trading conditions for trading currency markets. The company can actually ensure the industry's best conditions along with backing rebates for every single Forex transaction regardless of its profitability! The International Association of Forex Traders can actually be considered a truly reliable partner in every aspect of Forex trading!

 
Publication date: 15 August 10:31 AM