05 / December / 2019
New Year holidays and weekends in our company
Please, be informed that from 24th of December through 1st of January our platform will does not work.
No profits will be credited during that period.
Deposits and withdrawals will be processed as usual.
Our team will have holidays and weekend.
Regular trading will start from January 2nd.
We wish you a Merry Christmas and a happy New Year.
25 / November / 2019
Euro Australian Dollar (EUR/AUD) Exchange Rate Flat as ECB President Makes First Policy Speech
The Euro Australian Dollar (EUR/AUD) exchange rate was left muted as Christine Lagarde gave her first speech as head of the Eurozone’s central bank, leaving the pairing trading at around AU$1.6276.
On Friday, markets remained unmoved by European Central Bank (ECB) President Christine Lagarde’s first policy speech.
In her debut speech at the European Banking Conference, ECB President Lagarde stated:
‘Ongoing trade tensions and geopolitical uncertainties are contributing to a slowdown in world trade growth, which has more than halved since last year. This has in turn depressed global growth to its lowest level since the great financial crisis.
18 / November / 2019
Bitcoin (BTC) Diving, Can Bulls Protect $8.2K Support?
Bitcoin price is extending losses and it recently broke $8,375 support against the US Dollar.
The price is currently correcting, but upsides are likely to be capped by $8,500.
Morning’s key bearish trend line is active with resistance near $8,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is still holding the $180 support area and ripple is trading in a range above $0.2520.
Bitcoin price is showing signs of more losses below $8,500 against the US Dollar. BTC could drop towards $8,200 before a decent increase in the near term.