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Tuesday, 22 January 19:01 (GMT -05:00)



Foreign exchange market

Bitcoin Goes Down, Getting Closer to 8000 USD/BTC


Earlier today, the world’s first and most expensive crypto currency was going down while continuing the downtrend seen a day before. According to CoinMarketCap, the BTC exchange rate dropped below 8300USD/BTC, though it recovered a bit later on. Over the last 24 hours, the currency lost more than 5% of its dollar value.
 
Experts say that the Bitcoin exchange rate is now getting closer to 7900-8100 USD/BTC area of support. If the exchange rate decides to test the support area, it may well have a hard time overcoming it right away.
 
However, the bearish scenario – the one promising a move down below 8000 USD/BTC – is obviously not the only viable scenario for the BTC market. Apparently, if the news background improves and turns bullish, this may well change the situation.
 
In particular, there is an annual cryptocurrency conference. It’s called Consensus. It’s currently taking place in New York. The results of the conference (if positive) may eventually back the entire global market of digital currencies. One again, some good news may reverse the situation and bring the BTC exchange rate back to 8800-9600 USD/BTC – the price range the exchange rate used to stay in early May when every other expert was expecting a move above 10000 USD/BTC in a matter of weeks or even days. Now that the situation has changed, they are not in a hurry to specify when the cryptocurrency conquers the resistance level.



 

 

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Another Bitcoin Fraud Is Caught

Crypto currencies are controversial. On the on hand they give investors a decent investment opportunity. On the other hand, the may be way too risky. Often times, those are both market and even non-market risks, including fraud.

 

 
In some of the previous articles, we recommended you to start with a sound financial strategy and risk management before you invest even a penny in crypto currencies. We are not trying to say that those are bad investments. They can make you money if you really know what you are doing. However, you should be really careful about it since the advantages of decentralized and anonymous currencies may turn into disadvantages and loses for your wallet.
Publication date: 23 July 12:25 PM

Will European Parliament Help IronFX Victims?

Europe’s leading financial regulators have recently been founding them involved in various scandals. TheFinancial Conduct Authority (FCA) from the UK and the CySEC from Cyprus are some of them. The truth is, while those companies claim that they defend the customer’ rights, in reality they often take the broker’s side even though the broker may be playing dirty tricks on the customer.
Publication date: 20 July 03:19 AM

In June 2017, Masterforex-V Investors Made Money Again

The unbeatable FX strategies mentioned in a brand new book on the secrets of Forex investing by Masterforex-V keep on making both traders and investors richer. By the way, the yield in this case is way bigger than the one you can get by investing in bank deposits or any related low-income investments. The very essence of this kind of investing makes it possible to avoid poor and hasty decisions, thereby leveraging the entire process. By the way, VIP accounts have been among the top 10 accounts available for auto-copying at pro-rebate.com.

Publication date: 13 July 09:38 AM

Masterforex-V Expo Names World’s Best FX Brokers for Beginners in June 2017

What makes an FX broker for beginning traders? First of all, this is a company designed to do their best to help beginning traders both acquire all the necessary knowledge and skills and start making money trading Forex. The ultimate goal is to supply those rookies with everything they need to stay afloat and to turn into pros making really big bucks. Unfortunately, not all of those who come to Forex can really make money over the long term.
 
Publication date: 12 July 04:48 AM

Comparing AUD/JPY Swap Hedging with Various FX Brokers

Trading Forex cross-pairs is often way more productive and profitable than trading USD pairs. The reason is simple. First off, such FX pair often tend to be more volatile when the major market starts going flat. Secondly, since cross-pairs are less popular, the trading volume is usually less considerable, which is why the price is more sensitive to big plays and more volatile therefore. Also, it’s easier to predict the market intensions, especially the long-term ones.
 
Publication date: 29 June 01:03 PM

Who Abuses Russian Ruble?

The Russian Ruble keeps on losing value. On June 20, the currency set a new 4-month low against the U.S. Dollar. International experts name a number of reasons for the prolonged downtrend. The list includes Western sanctions against Russia, low oil prices, geopolitics, the Russian economy and balance of payments, and so much more.
 
Publication date: 28 June 08:34 AM

Euro: Greece is Saved Again…

 

All of those endless talks between the representatives of the Greek government and the international lenders now seem to have finally yielded fruit. To be more specific, the Eurogroup, which is the council including the Eurozone finance ministers, approved another tranche of financial aid to Greece during the recent meeting in Brussels on Thursday. This time, they decided to give Athens 8,5 billion euros.

 

Publication date: 26 June 06:50 AM

AUD/USD Swap: New Opportunities for FX Traders

AUD/USD is a highly popular currency pair among Forex traders since the currency pair presents excellent trading opportunities, especially if the trader takes advantage of the leverage offered by the Forex broker. In this case, profit may be even bigger than those stock traders and investors make.

 

 

In case you don’t know, the difference between the 10-year AUD/USD high and low is over 7000 points! This means that at some point over the mentioned period, the Aussie was both twice as cheap as the U.S. Dollar and even 12% more expensive than its American peer.
 
Publication date: 22 June 12:40 PM

World Blitz Chess Champion Becomes Alpari Forex’s First Client

For those of you who don’t know, Russia has finally started regulating financial markets, including over-the-counter markets, and Forex in particular. This means that the legislation regulating Forex brokers in Russia has now taken effect. The Russian central bank acts as the watchdog regulating those companies that offer FX trading services to retail and corporate clients in Russia.

Publication date: 12 June 08:29 AM

Masterforex-V Expo Names World’s Best Brokers for Beginners in May 2017

There is no denying the fact that any beginning trader should choose the right broker in the first place. The thing is, many traders who are still getting their feet wet in trading are convinced that all brokers are the same in essence. At first sight, it my really seem so but if you dive deeper into the matter you will find out that this is not really the case and brokers do differ from each other in a number of aspects. Sometimes, the difference is crucial for the trader’s success.

Publication date: 10 June 11:51 PM