SimpleFX Market News
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GBPAUD Dives After RBA Meeting. Where Next?

The Reserve Bank of Australia kept interest rates for AUD on hold. The move was anticipated but still led to a sudden appreciation of AUD, making pairs like GBPAUD extremely attractive for margin traders.

SimpleFX GBPAUD Chart Analysis: December 8, 2021

The current formation of the GBPAUD currency pair suggests the construction of a large…

https://blog.simplefx.com/2021/12/08/gbpaud-dives-after-rba-meeting-where-next
It’s a Critical Week for Global Markets and We Double the Bonus! Collect $5,000 Before Dec. 15!

Bitcoin dropped below $50,000 again losing 1.8% today, but Ethereum is going up. ETHUSD has gained 1.28% and is attacking $4,400 resistance again. Across the board in the cryptocurrency market bears and bulls clash to push the prices in their direction.

With equity markets rallying on positive Omicron news, the volatility is up. Not only…

https://blog.simplefx.com/2021/12/08/its-a-critical-week-for-global-markets-and-we-double-the-bonus-collect-5000-before-dec-15
BTCUSD TA. Are We in a Crypto Bear Market Already?

The current structure of the main BTCUSD cryptocurrency pair suggests the formation of a global uptrend that moves inside a large green channel.

In the current chart, we see the price movement for a month and a half. At the end of October, the price zigzagged upwards in the upper green area, then in the…

https://blog.simplefx.com/2021/12/09/btcusd-ta-are-we-in-a-crypto-bear-market-already
BTCUSD TA – Are We in a Crypto Bear Market Already?

The current structure of the main BTCUSD cryptocurrency pair suggests the formation of a global uptrend that moves inside a large green channel.

In the current chart, we see the price movement for a month and a half. At the end of October, the price zigzagged upwards in the upper green area, then in the…

https://blog.simplefx.com/2021/12/09/btcusd-ta-are-we-in-a-crypto-bear-market-already
Now You Can Make Fast Tether Transfers for $1 on the TRON Network!

SimpleFX is the leading crypto-first trading and investing platform, and we deliver another functionality that proves that. We have enabled superfast payments for Tether over the TRON network (TRC20). Now you can move your Tether almost instantly and pay just 1 USD for a transaction. 

Most likely your crypto exchange supports TRC20 payments for Tether.…

https://blog.simplefx.com/2021/12/09/now-you-can-make-fast-tether-transfers-for-1-on-the-tron-network
NEOUSD and Other Altcoins Show Great Opportunities for Margin Traders

Cryptocurrency markets are going down since early November, but crypto margin traders don’t stop making profits. Trading altcoins over the last 30 days have been very exciting. Today we take a closer look at NEOUSD, a cryptocurrency behind the Neo economy project, where digitized payments, identities, and assets come together.

The crypto has a relatively…

https://blog.simplefx.com/2021/12/14/neousd-and-other-altcoins-show-great-opportunities-for-margin-traders
Grab $150 for Making an Ethereum Deposit

ETH price has been up and down recently, so it’s good to reinvest your Ether. Now you can get $150 for making an ETH deposit to a free SimpleFX account. Go to SimpleFX, register with an email if you don’t have an account already, and deposit ETH. We’ll credit the bonus to your account.

The…

https://blog.simplefx.com/2022/02/23/grab-150-for-making-an-ethereum-deposit
Dow Jones Slide Yesterday, But Futures Rise as Stocks Approach Lows

After Tuesday in the red, futures on the Standard & Poor’s 500 index rose strongly early Wednesday, as did S&P 500 futures and Nasdaq futures. Monday’s stock market rally lost further ground after Russian President Vladimir Putin recognized breakaway territories in Ukraine as independent and the West imposed targeted sanctions in response.

The current structure…

https://blog.simplefx.com/2022/02/23/dow-jones-slide-yesterday-but-futures-rise-as-stocks-approach-lows
Crude Oil Breaks $100, Gold Hit $1974, while Bitcoin Dropped to $34,231 after Russia Invades Ukraine

Russia started a full invasion of Ukraine, with an unprovoked attack from North (Belarus), South (Crimea), and East this morning. People worldwide are shocked by what may be the beginning of the largest military conflict in Europe since World War II.

Brent Crude rocketed through the $100 resistance for the first time since 2014 and…

https://blog.simplefx.com/2022/02/24/crude-oil-breaks-100-gold-hit-1974-while-bitcoin-dropped-to-34231-after-russia-invades-ukraine
Crude Oil Breaks $100, Gold Hit $1974, while Bitcoin Dropped to $34,231 after Russia Invades Ukraine

Russia started a full invasion of Ukraine, with an unprovoked attack from North (Belarus), South (Crimea), and East this morning. People worldwide are shocked by what may be the beginning of the largest military conflict in Europe since World War II.

Brent Crude rocketed through the $100 resistance for the first time since 2014 and…

https://blog.simplefx.com/2022/02/24/crude-oil-breaks-100-gold-hit-1974-while-bitcoin-dropped-to-34231-after-russia-invades-ukraine
Trading Schedule Changes in Brazil and India (Feb 28 – Mar 2)

Due to the upcoming public holidays in Brazil and India, the following changes in trading hours will occur (24-hour, UTC):

February 28

Equities BR – closed;

March 1

Equities BR, NIFTY50 – closed;

March 2

Equities BR – trade from 16:00.

https://blog.simplefx.com/2022/02/24/trading-schedule-changes-in-brazil-and-india-feb-28-mar-2
Is it the Right Time to BUY or SELL Bitcoin?

It is still an open question how BTC will react to the biggest geopolitical crisis since the cold war. At first, cryptocurrencies collapsed along with stocks, but now it is recovering. How will it establish itself in the long run? Let’s take a look at the technical analysis of the current trend.

Judging by the…

https://blog.simplefx.com/2022/02/25/is-it-the-right-time-to-buy-or-sell-bitcoin
Can the Turkish Lira Catch a Breath Against USD?

Most likely, for the USDTRY currency pair, the market is directed in an upward direction, forming a bullish trend that moves within a large green channel.

SimpleFX USDTRY Chart Analysis: March 1, 2022.

Over the past month, the price has gone from the lower green line to the upper green line. The bulls reached the…

https://blog.simplefx.com/2022/03/01/can-the-turkish-lira-catch-a-breath-against-usd
Looking for a Strong Trend of a Volatile Altcoin NEOUSD

For the NEOUSD cryptocurrency pair, we observe an upward movement of the market and the formation of a bullish trend that moves within a large green channel. The last leg, which began to be built after the rebound from the lower green wall in the second half of February, describes the ascending channel of yellow…

https://blog.simplefx.com/2022/03/02/looking-for-a-strong-trend-of-a-volatile-altcoin-neousd
4 Best Trading Ideas in February Brought Huge Profit. Make Sure You Don’t Miss March Winners!

Advanced SimpleFX users can share their trading strategies with the community, and beginners have an opportunity to simply copy the best.

Here’s a short guide if you haven’t tried making your own TI yet. Each month we give away $100 in BTC to the authors of the best trading idea. It should be straightforward, there…

https://blog.simplefx.com/2022/03/02/4-best-trading-ideas-in-february-brought-huge-profit-make-sure-you-dont-miss-march-winners
4 Best Trading Ideas in February Brought Huge Profit. Make Sure You Don’t Miss March Winners!

Advanced SimpleFX users can share their trading strategies with the community, and beginners have an opportunity to simply copy the best.

Here’s a short guide if you haven’t tried making your own TI yet. Each month we give away $100 in BTC to the authors of the best trading idea. It should be straightforward, there…

https://blog.simplefx.com/2022/03/02/4-best-trading-ideas-in-february-brought-huge-profit-make-sure-you-dont-miss-march-winners
Cryptocurrencies Among Top Trading Targets in the 1st Week of March

Uncertain times start to create some strong price trends. It was a great start to the week for Bitcoin and other cryptocurrencies. When the Russian-Ukrainian war tension grew in the second half of February, BTC, ETH, and altcoins were disappointed as their price dropped along with equities. Crypto bears claimed it’s proof they are not…

https://blog.simplefx.com/2022/03/02/cryptocurrencies-among-top-trading-targets-in-the-1st-week-of-march
Cryptocurrencies Among Top Trading Targets in the 1st Week of March

Uncertain times start to create some strong price trends. It was a great start to the week for Bitcoin and other cryptocurrencies. When the Russian-Ukrainian war tension grew in the second half of February, BTC, ETH, and altcoins were disappointed as their price dropped along with equities. Crypto bears claimed it’s proof they are not…

https://blog.simplefx.com/2022/03/02/cryptocurrencies-among-top-trading-targets-in-the-1st-week-of-march
Are BMW Stocks Already a Buy-Low Opportunity? Or is it the Last Call to Sell?

The current formation of BMW.DE shares hints at a global downtrend moving within a large green channel. 

SimpleFX BMW.DE Chart Analysis: March 4, 2022.

Until mid-January, the price steadily rose from the lower green line to the upper green line. Then it reached the upper green wall, after which it pushed off from it and…

https://blog.simplefx.com/2022/03/04/are-bmw-stocks-already-a-buy-low-opportunity-or-is-it-the-last-call-to-sell
Trading Schedule Changes in India on March 18

Due to the upcoming public holidays in India, the following changes in trading hours will occur (24-hour, UTC):

March 18

NIFTY50 – closed.

https://blog.simplefx.com/2022/03/14/trading-schedule-changes-in-india-on-march-18
$2,000 Giveaway for Every SimpleFX Trader! Only in March

Global markets volatility grows. We want you to step on the gas pedal. Only in March can you earn cashback on every trade you make. The reward depends on the volume of your transactions. The bigger you order, the more you earn.

Go to SimpleFX Reward Center, and click the “Join Now” button in the…

https://blog.simplefx.com/2022/03/14/2000-giveaway-for-every-simplefx-trader-only-in-march