Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Tuesday, 30 August 05:04 (GMT -05:00)



Foreign exchange market

GBPUSD: UK Finance Minister Makes Economic Forecast

GBPUSD:

 

 

According to George Osborne’s speech made in the British parliament yesterday, the UK GDP will increase by 0/8% in 2012. The rate of inflation will reach 2.8% in late 2012.

 

 

 

 

 

 
He says the UK government the budget deficit to decline down to 7.6% of GDP by 2013. The current deficit is equal to 11%.
 
It should be noted that on March 14th 2012 Fitch Ratings confirmed Great Britain’s AAA rating, which is the highest ultimate one. The major reason is the government’s major breakthrough in budget reducing the country’s deficit. However, the forecast was changed to negative because the UK authorities don’t have enough funds to neutralize possible economic shocks.
 
 
According to the Department of Market Volume Analysis of Masterforex-V Academy, the price of the GBPUSD futures contract is fluctuating with a price range after testing 1,5887 (1,5896 Forex). If the price does succeed in overcoming the level of resistance, it will get a chance to rally up to 1,5900 (1,5909 FX), 1,5950 (1,5959 FX).  The closest major level of support is 1,5840 (1,5849 FX). If the bears succeed to break below it, there may well be a trend reversal with targets around 1,5821 (1,5830 FX), 1,5800 (1,5809 FX), 1,5750 (1,5759 FX) and 1,5716 (1,5725 FX).

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Forex. U.S. Dollar Gets Stronger After U.S. Service PMI Report

According to the preliminary report published by Markit Economics, the U.S. service sector has shown rather weak growth in August 2016. The key reason for this slowdown is a slower pace at which hew orders and new jobs has grown.

 

 
Publication date: 29 August 05:31 AM

PrivateFX №1 Portfolio Makes 1.5% In 5 Days

As you probably know, not so long ago, Masterforex-V Club started an investment portfolio with PrivateFX. That’s why it is called PrivateFX №1. Despite some temporary drawdowns, the portfolio stays profitable. It took 5 trading days to get around 1.5% of profit. You can hardly find a conventional investment with this kind of profit over such a short period.

Publication date: 26 August 06:30 AM

PrivateFX №1 Portfolio - Better Than Bank Deposits

Once again, we remind you that not so long ago, Masterforex-V Club started an investment portfolio with PrivateFX. That’s why they called it PrivateFX №1. Despite some temporary drawdowns, the portfolio is now profitable again. It took just a trading week to recover the lost ground and start making profits again.

Publication date: 26 August 06:28 AM

Masterforex-V Club On Making 7% In 10 Days.

They say practice is always the best way to find out the truth. When it comes to FX trading, we have seen the following tendency over the last few years: most of those few successful traders usually trade on their own and refuse to share their successful tips and tricks with others. At the same time, most of those guys out there teaching their stuff to others are fake experts in most cases. They teach others something that eventually turns out to be useless in generating consistent profits in financial markets. Only a handful of traders are really capable of teaching others something really valuable when it comes to trading Forex and other financial markets.

Publication date: 25 August 01:01 PM

NordFX Names TOP 10 FX Signal Providers in August 2016

As the entire FX industry gets more and more mature, some of the best broker representing the entire industry keep on giving birth to revolutionizing products and services.  To be more specific, some of the best and most reputable FX brokers can boast their own services allowing anyone to benefit from FX trading over the long term, even without actual trading.

Publication date: 23 August 04:53 AM

Masterforex-V Club Gives 26 Accounts To Managing Traders.

Masterforex-V Club started a new contest to find the best managing traders out there to manage their money. 8 traders won the July round of the contest. As a result, each of them got 1 to 9 accounts to manage.

 

 
Publication date: 22 August 04:16 PM

PrivateFX №1. 4 Weeks of Tests

4 weeks of tests later, Masterforex-V Academy investors decided to share with you the preliminary results once again. The first 20 days of investing within the scope of the PrivateFX №1 portfolio turned out to be profitable. Still the last trading week of July ended up with a a drawdown (2,53% of net loss) triggered by some market shocks.

 

 
Publication date: 22 August 02:46 PM

NAS Broker: Making Money On Olympic Games

The 2016 Olympic Games are underway in Rio. The entire world has been closely watching the games since day one. At the same time, millions of peoples are looking for the ways to capitalize on the Olympics through bookmakers when betting on certain players, teams, their stats, score, and stuff.

Publication date: 19 August 01:47 PM

“Collect The Word” Promo by PrivateFX: Charity or Smart Investment?

The contemporary internet marketing is an art and a science at the same time. The thing is that it’s hard to tell the difference between logic, calculation and talents when it comes to introducing innovative products and services.

 

 
Publication date: 15 August 12:36 PM

Italy's Financial System May Trigger Eurozone Collapse

At this point, the state of affairs in the Italian financial system leaves much to be desired. To be more specific, it may eventually result in a Eurozone crash, the gloomiest forecasts say.
 
Publication date: 03 August 03:12 AM