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Friday, 29 April 19:31 (GMT -05:00)



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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Active Investor: Over 1000 Traders Cannot Be Wrong. Test Drive Still Underway.

In April 2016, Masterforex-V Academy continued the test drive of PrivateFX’s PAMM accounts. Active Investor has also been in focus since day one. The solution claims to let the investor both invest in the chosen PAMM accounts and auto copy the trades open by some of the best managing traders available out there.
Publication date: 29 April 07:46 AM

PrimeTime Finance on Binary Options

Not so long ago, we witnessed a scandal in the binary options industry. The thing is, the CSA, Canada’s financial regulator, blacklisted 37 binary options brokers. The regulator backed its decision by the fact that multiple violations were found as the result of a complex audit. The list of violations includes cases of non-payments, account blocking etc.

Publication date: 28 April 01:55 PM

Forex. EURUSD

According to the recent report released by Ifo, the level of business confidence in Germany decreased in April 2016. The researchers say that the decrease was conditioned by worse economic prospects.
 
Publication date: 27 April 06:57 PM

SFX Trade Leaders Pro – First Team Trading Software for FX Traders and Investors

When trading Forex, the world’s biggest financial market with over 5 trillion dollars of daily turnover, you have to compete with millions of other trader and investors out there. That’s why you need a whole lit of advantages to succeed in this highly competitive business. The list includes, skills, expertise, decent brokers and innovative solutions like cutting-edge trading software. These are some of the cornerstones of success in trading FX.

Publication date: 27 April 10:29 AM

FXTM Introduces Brand-New Type of FX Live Accounts

Many FX brokers out there offer their clients something beyond trading currencies. I mean, they offer other assets to trade, including derivatives on such underlying assets as stocks indexes and commodities via MT4 or other trading software. However, the thing is that not all of them provide their traders with true quotes for stocks, metals, indexes, and commodities.

 

 
Publication date: 27 April 08:04 AM

Has Failure of Doha Meeting been Orchestrated?

According to some experts, the failure of the recent meeting of representatives from oil-producing countries in Doha could have been orchestrated. The “Market Leader” has delved into the issue in order to understand who could have staged such performance in the capital of Qatar.
 
Publication date: 27 April 07:17 AM

Social Trading with eToro – Revolution in Financial Markets

Social trading is a relatively new phenomenon in financial markets. Still, its getting more and more popular with the international trading community. Experts call it a universal and efficient way of trading financial markets backing increased financial performance and reducing market risks.
 
Publication date: 26 April 06:06 PM

PrivateFX Names TOP 5 PAMM Accounts

PAMM investing is one of the best and most profitable ways to invest in Forex at relatively low risk. Still, most beginning investors out there have a hard time choosing a suitable PAMM account to invest in. Some of those PAMM managers may apply aggressive risk management and risky strategies for the sake of higher profits. Apparently, this may lead to considerable drawdowns at times while some investors don’t have such risk tolerance to bear with it. On the other hand, some traders may apply conservative strategies for the sake of stability, thereby sacrificing high profitability. Anyways, there are various kinds of investors out there. Yet, there are certain kinds of PAMM accounts for all of them. That’s why PrivateFX let’s you monitor various readings for the entire period since day one as well as for the past trading week. This holds true for profitability, drawdowns etc. Analyzing and comparing those data cannot be underestimated in terms of choosing which PAMM account to go with.

Publication date: 25 April 01:58 PM

Masterforex-V EXPO: Best Binary Options Brokers. April 2016

Binary options are the kind of derivatives that can either make you lose the entire investment or let you win the amount of money close to or equal to 100% depending on the binary broker you trade with. These are all-or-nothing investments. The risk and the potential reward are known even before you open a trade. This is one of the key reasons why binary options are still getting more and more popular worldwide. With that being said, you may calculate the amount of winning trades versus losing trades you need to break even or to start profiting from your trading activities.

 

 
Publication date: 24 April 07:04 PM

Forex: U.S. Dollar Goes Weak Amid U.S. Industrial Production Figures

According to the recent report released by the Federal Reserve, the U.S. industrial production slowed down as of March 2016. The drop amounted to 0.6% over the reporting period relative to the previous one, which is February 2016. At the same time those who were interviewed by Bloomberg had expected the industrial production to drop by no more than 0.1%.

Publication date: 24 April 03:52 PM