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

Gold Slides in Hopes for Ceasefire, What’s the Outlook for This Week?

For XAUUSD, we see the development of a large uptrend, which is formed inside a large green channel. In the last section of the chart, we see a downward price movement inside a small yellow channel, which began at the beginning of this month.

SimpleFX XAUUSD Chart Analysis: March 15, 2022.

There is a high…

https://blog.simplefx.com/2022/03/15/gold-slides-in-hopes-for-ceasefire-whats-the-outlook-for-this-week

How Long Will the USOIL Slump Continue?

The current structure of oil suggests the construction of a large uptrend that moves within the green channel.

SimpleFX USOIL Chart Analysis: March 17, 2022.

We see that the price has been steadily creeping upward from the lower green line to the upper green line for about a month on the current chart. In early…

https://blog.simplefx.com/2022/03/17/how-long-will-the-usoil-slump-continue

SimpleFX Won Cryptocurrency World Expo 2022!

We are proud to announce we were named the Best Trading Platform at the Cryptocurrency World Expo 2022 in Warsaw, the biggest crypto event in Central Europe.

That’s great news for us as we try hard every day to improve our product. We’d like to thank all our users and affiliates for being with us…

https://blog.simplefx.com/2022/03/17/simplefx-won-cryptocurrency-world-expo-2022

USD Keeps on Gaining Against JPY as Rates Hikes Expected to Come Soon

The current formation of the USDJPY currency pair suggests a global bullish trend that moves within the green channel.

SimpleFX USDJPY Chart Analysis: March 18, 2022.

After the last pullback from the upper green wall, we saw a long downward movement of the price to the lower green line. After the price reached the green…

https://blog.simplefx.com/2022/03/18/usd-keeps-on-gaining-against-jpy-as-rates-hikes-expected-to-come-soon

GBPJPY Has Just Broken Through an Important Resistance

The GBPJPY currency pair has just crossed an important 158 resistance line. No, the pair is expected to form an uptrend that moves inside the green channel. The current chart shows the market movement since the end of February this year.

Closer to the middle of February, the price touched the upper green line, then…

https://blog.simplefx.com/2022/03/22/gbpjpy-has-just-broken-through-an-important-resistance

GBPJPY Has Just Broken Through an Important Resistance

The GBPJPY currency pair has just crossed an important 158 resistance line. No, the pair is expected to form an uptrend that moves inside the green channel. The current chart shows the market movement since the end of February this year.

Closer to the middle of February, the price touched the upper green line, then…

https://blog.simplefx.com/2022/03/22/gbpjpy-has-just-broken-through-an-important-resistance

Australian Dollar Soaring on Commodities and Uncertainty

On the current chart for the AUDUSD currency pair, we see the development of a global upward trend within a large green channel.

SimpleFX AUDUSD Chart Analysis: March 23, 2022.

We see that at the beginning of March, the price reached the upper green line. However, the bulls did not have enough strength to continue…

https://blog.simplefx.com/2022/03/23/australian-dollar-soaring-on-commodities-and-uncertainty