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Tuesday, 18 December 21:04 (GMT -05:00)



Foreign exchange market

Crypto Market Sentiment Gets Better, FortFS Reports


Given the fact that crypto assets are relatively new, volatile, and promising, international experts have been increasingly interested in everything that's been going on in the international cryptocurrency market over the last few years. FortFS experts decided to dive deeper into the current market situation and evaluate last week's key events, which are also expected to influence the market in the near future.
 
The past trading week is said to have been interesting and positive for the entire cryptocurrency market. Slowly but surely, the crypto market is getting alive once again, with more investors joining in all over the world. On Tuesday, major cryptocurrencies showed moderate growth - up to 5 points. Even tough some of the coins managed to set new local highs, they eventually failed to consolidate at those levels and retraced a bit from those levels. 
 
At the same time, the price chart or the last 4 weeks leads us to make interesting conclusions. At this point, November stays a positive trading month, with Bitcoin and Ethereum clearly trading in the green zone.
 
On the other hand, even though some of the major coins are currently stronger than weeks ago, the overall cryptocurrency market cap has gained a lot over the same reporting period. On the contrary, if to belive the figures taken for the last few weeks, the market cap has shrunk by several billion dollars. Yesterday, it was some 213 billion dollars, with Bitcoin making up for 111 billion dollars. 
 
However, these are not the key points of interest for international experts. At this point they are trying to figure out how to treat the recent rally and the positive sentiment around it. Chances are, the reason is the info background around the crypto market. Over the last few weeks, the international community has been discussing the rumors about Bitcoin getting ready for its pre-Christmas rally.
 
Experts say that technically, we don't have a reason to expect a rally in the market of Bitcoin and Ethereum unless the price overcomes major levels of resistance located at 6700 USD/BTC and 220 USD/ETH respectively. Still, experts say that the current strengthening looks promising.

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Christmas Fairy Tale by FortFS

FortFS has been now for its promos and bonuses for years. Christmas and New Year are coming. This means that it's time for new pleasant surprises. With that being said, FortFS wants to congratulate all of its existing and future clients and wishes them Merry Christmas and happy New Year. To celebrate together, FortFS has announced a new promo. It's called "CHRISTMAS FAIRY TALE".

Publication date: 18 December 12:52 PM

Bitcoin Will Decline, Dollar Will Grow, NordFX Predicts

Whether we are aware of this or not, currency exchange rates have been affecting our lives for decades. However, more and more retail traders and investors are now getting increasingly interested in financial markets in general and Forex in particular. or the most part, all of those changes in exchange rates are they key factors determining their financial results at the end of the day.
 
Publication date: 17 December 12:29 PM

Weekly Forex and Crypto Forecast By NordFX. December 10-14, 2018.

The actual value of each and every currency put there is the result of many factors influencing the global market. In their turn, currency exchange rates affect many other processes out there. With that being said, considering a number of opinions expressed by experts can help traders and investors make better decision leading to increased financial performance.
Publication date: 10 December 11:19 AM

NordFX Introduced New Trading Solutions At Traders Fair-2018

Publication date: 09 December 04:56 AM

Crypto Traders Expect Growth, NordFX

The balance of powers in the Forex market depends on a number of factors. Getting familiar with an unbiased forecast helps market players figure out what to do next and what to expect in the market. Such information hits an the most probable market scenarios that may manifest themselves in the near future, which in its turn may give them a decent opportunity to increase the potential profit.
Publication date: 03 December 12:17 PM

NordFX Expects Cryptocurrencies and Euro to Go Further Down

The relation between 2 currencies at a certain point of time is the result of the market being simultaneously influenced by a whole lot of various factor of various impact and origin. Currency exchange rates, in their turns, affect man other processes meaningful for the majority of people in all parts of the world.
Publication date: 26 November 01:30 PM

Deposit bonus 120% - FortFS

FortFS is improving the conditions of deposit bonus! The bonus is increased to 120% from 50%: during this limited time you can receive x2,4 of the deposit amount.

Publication date: 25 November 11:39 AM

Crude Oil Market Keeps On Crashing

Like a week ago, oil prices have dropped by 7% once again. Now traders are afraid of another major downtrend seen in 2014, when crude oil depreciated  by 33% over November and December. International experts say this scenario is extremely probable.
Publication date: 25 November 03:32 AM

Iran Circumvents U.S. Sanctions with Cryptocurrencies

FinCEN came up with new recommendations. The document contains interesting points, including the thing that Iran abuses cryptocurrencies, thereby jeopardizing the entire global financial system. In particular, the document claims that Iranian citizens make BTC transactions to the amount of around 4 million dollars, yet those transactions are are claimed to be indented for criminal purposes. At the same time, FinCEN claims that Iran uses digital currencies to circumvent Western sanctions.
Publication date: 22 November 01:02 PM

Dollar Will Rise, Crypt Market Will Stay Flat, NordFX Experts Predict

Contemporary methods of market analysis make it posible to make define the most probable scenarios and to make really accurate predictions, with a really high probability of coming true. Needless to say that such info is priceless for traders and investors seeking to reduce their risks and earn money from financial markets.
Publication date: 19 November 12:23 PM