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Saturday, 27 August 02:17 (GMT -05:00)



Foreign exchange market

GBPUSD: British Pound Recovers Despite Lower Retail Sales


 

 

April’s retail sales decline in the UK turned out to be the highest in 12 months. According to BRC report, British households tried to balance their budgets through spending cuts amid the economic recession in the UK. According to Steven Robertson, Director of the BRC, this was the major factor affecting the retail sales in April.
 
The retail sales declined by 3.3% against April 2011.  This is the biggest decline since March 2011.  In April 2011 the retail sales boosted by 5.2%.
 
 
Forex.
 
In the meantime, the British Pound has started a mid-term rally against the US Dollar. According to Masterforex-V Academy experts, GBPUSD has finished forming wave А/В of wave level Н16. Ath tis point the price is forming an upswing – wave А/В; the closest levels of resistance are 1.6184/87, 1.6208/11, 1.6241/45 and 1.6197. The current rally will be completed as soon as the price breaks below 1.6091 (as shown below):

 

 

 

 

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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

Golden Bonus by PrimeTime Finance: Plus $100 For Binary Options Traders

More and more experts acknowledge that binary options are a universal instrument for all kinds of traders. Binary options are much easier to trade and more flexible in many aspects, which is why they have been enjoying international recognition ever since they were created. Even though trading binary options can be risky at times, conventional trading has the same kind of risks. With that being said, binary options are still a good way to trade your favorite underlying assets more efficiently.
 
Publication date: 02 August 08:30 AM