The middle phase of the session brought a slight stagnation. The scale of the current approach of future contracts in Frankfurt and Paris to the area of March peaks dampens appetite for further purchases and indexes are in slight fluctuations. The ma…
Overview:The NZD/USD pair fell from the 0.6941 level to the bottom at 0.6822 yesterday. Today, the pair has faced strong support at 0.6822. It can be seen on the H1 time frame chart, that the strong support has already been faced at 0.6822, and the pai…
To hold the title of one of the leading market brokers, FreshForex company constantly introduces and develops new services, monitor innovations. Therefore, we are one of the partners “Blockchain & Bitcoin Conference Prague”. This conference will be devoted to working with cryptocurrency Bitcoin and blokchain technologies aimed to fix the exchange transactions made with cryptocurrency.
The Conference will be held on May 19 in the Czech Republic, Prague.
Participants will discuss the Bitcoin attractiveness for investments, possible ways of investment, existing types of technical price analysis of Bitcoin and how to control cryptocurrency in legislation in different countries.
The conference will pay attention on the blokchain technology closely related to cryptocurrency. At this Conference, you will be able to get acquainted with the gadgets and services, operating on the basis of blokchain technologies, methods of their use in banking and payment services.
Only the leaders of this market will perform. Representatives of management companies, the leading Russian and international corporations and banks are invited as speakers and conference experts. Also, you will be suggested to solve case-study of companies working with these technologies.
Moreover, on the Conference there will be an exhibition of IT-solutions based on blokchain technologies and the start-ups alley, which will present new ideas in the development of Bitcoin and blokchain.
The Conference will be useful for anyone who wants to learn more about blokchain technologies and services developed on their basis. You will learn not only about the prospects of market development, but also to share experiences, make the necessary contacts. FreshForex representatives will also visit the event.
The organizer of the Conference is the company Smile-Expo, which specializes in events dedicated to new technologies. Over the past year, the company have organized 33 professional spheres; in total, they have organized more than 120 conferences and 3100 exhibitions in 15 countries.
Good luck in trading!
FreshForex — fresh view on money!
Do you know how working at McDonalds can help you to become the best trader of the 2nd stage of the “Great Trading Contest”? The winner of 2nd stages Kratos will tell you! We asked this trader from Cyprus about the plans for the future, spending the prize money the way he learned about Forex.
Kratos, tell us how you came to Forex?
I’m just a student of economics, I was born and live in Cyprus. The passion for the world economy and the figures have led me to Forex. I always had a nightlife mode, Forex trading helped me to pass the sleepless nights. I made the first trade 4 years ago, but I still remember it: EUR/USD, the volume of 0.5 lot, by the way, then I earned.
What are you doing now? How did you decide to participate in the contest?
Six months ago, I got a job in McDonalds. I work the night shift, you know, there were no too much customers at night, so I had time to began trading. Accidentally I saw the information about the contest and thought that’s what I was looking for! Why not? Especially if I am planning to buy a car. Why shall I buy if I can win it? In general, the contest account was registered immediately. By the way, I want to say that you have the most convenient interface in the Client Area that I have ever seen.
Did you participate in the FreshForex promos before?
This is my first contest, but I’m going to participate in the next stages. I understood, the more stages I win, the more I chances to get the BMW I have.
How will you spend the award?
I will trade and only trade! I found some CFD on oil in your company, which I consider quite promising, so I continue to earn on it and $1 000 will help me.
Wish something to traders
Trade conscious and consistently, especially at night. There should be a system as it is the main secret of success.
Thanks to Kratos for your success story! We remind you, dear traders, that the 3rd stage of the “Great Trading Contest” has already started, so hurry up to start and put on your trading account profit and an additional $1 000 as a gift.
Good luck in trading!
FreshForex — fresh view on money!
USD/CAD continues moving lower producing lower lows and
lower highs. Price managed to break below the descending channel but yet has
not tested nor rejected any of the support levels.The Fibonacci applied to the channel breakout point shows
that after …
Fibonacci applied to the channel breakout point
(S1 – 84.90) shows that price also broke the next Fib level of 38.2% (R1 – 85.40).
After that, price corrected down and today the S1 support has been rejected together
with the uptrend trend line.Consider…
The USD/CHF pair faced resistance at the level of 0.9724, while minor resistance is seen at 0.9666. Support is found at the levels of 0.9570 and 0.9501. Yesterday, the USD/CHF pair continued moving upwards from the level of 0.9501. The pair …
Recently, EUR/NZD has been moving downwards. As I had expected, the price tested the level of 1.6278 in a high volume. EUR/NZD reached our third take profit level around the price of 1.6270. Anyway, after the price reached out third take profit level, …
Stock indices traded mixed on lower oil prices. Oil prices fell on concerns that a deal on the freeze of the oil output would not reached at the meeting between OPEC and non-OPEC countries in Doha on April 17. The International Energy Agency (IEA) said on Thursday that a deal on the freeze of the oil production would not balance the oil market.
Market participants also eyed the economic data from the Eurozone. Eurozone’s harmonized consumer price index rose 1.2% in March, in line with expectations, after a 0.2% increase in February.
On a yearly basis, Eurozone’s final consumer price inflation increased to 0.0% in March from -0.2% in February, up from the preliminary reading of -0.1%.
Restaurants and cafés prices were up 0.12% year-on-year in March, rents increased by 0.07%, package holidays rose by 0.09%, fuel prices for transport declined by 0.60%, heating oil prices decreased by 0.23%, while gas prices were down by 0.10%.
Eurozone’s final consumer price inflation excluding food, energy, alcohol and tobacco climbed to an annual rate of 1.0% in March from 0.8 in February, in line with the preliminary reading.
The Bank of England (BoE) will release its interest rate decision later in the day. Analysts expect the central bank to keep its monetary policy unchanged.
Name Price Change Change %
FTSE 100 6,359.5 -3.39 -0.05 %
DAX 10,054.46 +28.36 +0.28 %
CAC 40 4,488.59 -1.72 -0.04 %
European Central Bank (ECB) Vice President Vitor Constancio said in a speech on Wednesday that there were limits of negative interest rates. “There are clear limits to the use of negative deposit facility rates as a policy instrument,” he said. “Firs…