Heroes of Ukraine

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

Thursday, 26 April 21:38 (GMT -05:00)



Foreign exchange market

Housing Market Will Press Australian Dollar


 

 

Australian households keep feeling pressure. According to SQM Research Pty, the growing amount of homes for sale confirms that. The amount grew by 5.45 in March. Melbourne was the frontrunner with a 12% increase.
 

 

 

 

 

 

SQM Research Pty notes that the amount of homes for sale was so big that amid negative sentiments (which are dominating the market) it is rather difficult to single out the key factors of potential recovery.
 
Analysts expect that if the excessive demand in Australia’s housing market preserves, housing price will inevitably decline in Q2 2012. If so, the RBA will probably be forced to lower the interest rates.
 
According to Masterforex-V Academy, the Australian dollar keeps losing value against its American counterpart. AUDUSD is currently forming a major downswing - А/В of Weekly. A break below 1.0242 will elongate the downswing with another sub-wave А(С)/С.
The closest levels of support are 1.0219, 1.0154, 1.0120. A break above the MF sloping channel and pivot 1.0464 (as shown below) will completed the downtrend.

 

 

 

 

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

 

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

Experts Say, Iran’s Cryptocurrency Ban Won’t Affect BTC Rate

The central bank of Iran has banned cryptocurrencies. This decision was made on April 22nd. Apart from banning any cryptocurrency transactions in Iran, they also decided to ban any ads related to cryptocurrencies or blockchain. The reason is simple: cryptocurrencies may be used for money laundering, or sponsoring terrorism, or any other illegal activities. This is explained in the central bank’s official press release.

Publication date: 25 April 12:57 AM

World Bit Bank Names Crypto Bank’s Key Goal and Prospects

The world’s first crypto bank – The World Bit Bank (WBB) – has reported about obtaining two major licenses, which are going to lay the foundation for providing authorized cryptocurrency-related services.

Publication date: 24 April 09:45 AM

Trading Week Starts with Stronger Dollar and Cryptocurrencies and Weaker Gold

The last trading week of April started from the strengthening of the U.S. Dollar and cryptocurrencies and the weakening of gold. At this point, the USD index has gained up to 90,38 points (+0,07%).

Publication date: 23 April 11:52 AM

Backed by Alpari, Bicycle Expedition Conquers North Pole

For the first time in history, the northernmost point of our planet was conquered by a man on a bicycle, who is famous Russian adventurer Bogdan Bulytchev. For those of you who don’t know, he is a member of the Russian Geographical Society and the State Polar Academy.

Publication date: 21 April 12:23 PM

Roubini Names Blockchain Overhyped Technology

Famous economist Nouriel Roubini criticized the foundation of cryptocurrencies – the so-called blockchain technology. In his article for Project Syndicate, Mr. Roubini called blockchain the most overhyped technology ever.

Publication date: 20 April 04:08 AM

Bitcoin Gains Value: 2 Days in a Row. Over 10% a Day

Now it seems that the long-term retracement of the USD/BTC exchange rate seen over the first quarter of the year is gradually reversing back for the uptrend.

Publication date: 13 April 12:57 PM

Bitcoin Rate and US-China Trade War

The cryptocurrency market has been going down steadily for a while. According to CoinMarketCap, the Bitcoin exchange rate has been moving around 6800 USD/BTC. Ethereum, Ripple, Bitcoin Cash and Litecoin have been trading around 382, 0,49, 633, and 119 dollars per coin respectively.

Publication date: 06 April 10:02 AM

It’s the Day of Reckoning for Cryptocurrency Funds, Bloomberg Says

Bloomberg experts claim that the day of reckoning for cryptocurrency funds has finally come. Last year, when the world’s first digital currency (Bitcoin) went sky-high in mid-December and reached another all-time high at 20000 USD/BTC, over 150 funds specializing in cryptocurrencies emerged on the Internet. In 2017, their profits reached 1000%.

Publication date: 05 April 09:43 AM

Masterforex-V Expo Names World’s Best Forex Brokers For Beginners in March 2018

Each and every forex trader out there faces the same challenge at some point in their career. This challenge boils down to choosing the right forex broker. This holds especially true for beginners who are just getting their feet wet in the forex trading environment. This choice is fairly significant for all of them since their future trading performance will depend on that choice. The truth is, all of those forex companies may differ in a number of aspects, including the offered trading conditions.

Publication date: 04 April 12:01 AM

Bitcoin 2018: New Cryptocurrency Realities

In March, the BTC exchange rate dropped by almost 3000 dollars. Some experts predict a further downtrend in the near future, Market Leader reports.

Publication date: 28 March 06:22 AM