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Foreign exchange market

Commerzbank: British Pound Weakness Is Of Correctional Nature


 

 

The recent downtrend of GBPUSD was caused by higher demand for the US Dollar. According to the analytic team of Barclays Capital, the currency pair will probably test 1.600 amid investors’ loyalty towards the British currency. They say this is a good opportunity to go long GBPUSD. However, a negative scenario will press the British Pound. As long as GBPUSD stays below 1.6200, the bears will keep trying to initiate a downswing.

 

 

 

 

 

 
As for the currency strategists of Commerzbank, they also anticipate a test of 1.600. However, they say that as long as the exchange rate is above 1.6000, the weakness is of correctional nature, which means a rally up to 1.6385 is probable.
 
According to Masterforex-V Academy, GBPUSD continues the mid-term downtrend.  The currency pair is forming sub-wave 3(С) or А(С)/С inside the bearish wave А/В of wave level Daily.
The closest levels of support are 1.5923, 1.5892,1.5818. The downtrend will be completed once the price breaks and consolidates above 1.6122 (as shown below):

 

 

 

 

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Masterforex-V EXPO Names Best Binary Brokers in March 2015

 

First of all, binary options are a specific kind of fixed-risk and fixed-income investing. Depending on whether the prediction manifests itself or not on expiration, you get all or nothing. Apparently, there are many kinds of binary options available for trading today. Hover, this applies to all of them. With binary options, you don’t have to buy the underlying asset. You just need to predict the direction of the price move. This kind of investing in financial markets is an excellent option for beginning traders. Binary options are way simpler and easier to trade, which means it is more suitable for rookies. Well, it doesn’t mean advance traders should avoid it like the plague. On the contrary, they may benefit from binary options as well, especially if they trade binary options on they favorite underlying assets.

Publication date: 27 March 09:02 AM

Beneficial Forex Trading with Forex-Market

 

The international Forex industry welcomes another excellent bonus from the Forex-Market company. In particular, the company offers a 70% bonus if you move from another broker to Forex-Market.

Publication date: 26 March 04:43 AM

Largest Forex Broker in Russia Alpari Registers 1,000,000th Client

 

These days a historical event happened at Russian Forex market – largest Forex broker in Russiaand CIS Alpari has officially registered a millionth client. Therefore, the company has set another record, which, judging by dynamics of its development, will not be beaten soon by its rivals.
 
Publication date: 25 March 12:16 PM

FBS - Best Forex Bonus and Affiliate Program 2014

What makes the industry’s best representatives stand out from the crowd of other average counterparts? Yes, you are right! It is all about progress, professionalism, stability, efficiency and flexibility.

Publication date: 25 March 09:08 AM

ForexTrend Launches New PAMM Index Named Prize3

At this point, PAMM Indexes by Forex Trend seem to have reached unprecedented popularity. It is not accidental since no other conventional and pretty much innovative investment solution can be compared to PAMM indexes in terms of both profitability and risk. The risk is extremely low while the profitability does amaze most of the time by outperforming U.S. stock indexes and other conventional assets, not to mention bonds and bank deposits.

Publication date: 24 March 09:56 AM

FBS on benefits of CFD Trading for Forex Traders

Today, when prices are going up while the purchasing power of salaries is going the opposite way, the question of how to sustain yourself and your family becomes more and more urgent for most people all around the world. Some people try to make extra money by depositing their savings with various banks while others try some risky investments and mostly fail, thereby losing their money. At the same time, the most reliable conventional investments like purchasing bonds or making bank deposits bring tiny yields which can barely cover inflation. This forces some people to go online in order to find some decent alternatives…

Publication date: 24 March 08:21 AM

Fort Financial Services Introduces Innovative Trading Software

There is no denying the fact that the quality of the trading terminal used in everyday trading is one of the key factors determining the overall success in trading financial markets over the long term. With that said, it is crucial to go with the forex broker offering you the most innovative products and services, including trading software.

Publication date: 23 March 07:21 AM

Masterforex-V Academy and Pro-rebate.com Name Best Certified Broker 2015

 

One of the most respected and unbiased Forex-related online source, which is Masterforex-V Academy, decided to consider the TOP18 Forex companies in early 2015 to determined who is the best of the best and to certify them as such.

Publication date: 23 March 06:46 AM

Forex Auto-Copying: Making 2% to 56% in 3 Weeks

 

According to financial experts, auto-copying successful trader’s orders is a whole new way of contemporary investing. The benefits are:

Publication date: 20 March 09:56 AM

Autocopying: Profit of Masterforex-V Academy Traders Amounts to 15 ths. Points for 2 Weeks of March 2015

 

At the time of rising crisis more and more often there arises a question about new types if investment and getting additional earning; especially, when national currencies are collapsing against US dollar and euro. Therefore, it is not by chance that autocopying of accounts of successful traders is become more and more popular even among those potential investors, who have never heard about market Forex before.
Publication date: 20 March 09:05 AM