Tag Archives: metattrader MT4

Awarding of the most active Tifia trader in Thailand

Tifia always appreciates the performance of our clients and is grateful for choosing our platform for trading in financial markets. We are pleased to report that Mr. Noppavee Bukkamana has been awarded as the most active trader in Thailand, who has performed the biggest trading during the year. We awarded him a magnificent Rolex watch that will give… Read More »

Simple Forex Tester

The Simple Forex Tester is a software suite that hooks DIRECTLY into the most powerful Forex trading platform on the planet MetaTrader 4. It utilizes the power of your computer and the data feed from your broker to very accurately re-play the market TICK FOR TICK, ….A software suite that hooks DIRECTLY into the most powerful trading platform… Read More »

Make Trading Successful Now

An Entirely Automatic Trading System For The Metatrader Trading Terminal, Developed Especially For The Needs Of Ordinary Forex Traders, Yet Also Used Successfully By Many Professional Traders. It Is Perhaps The Best Trend Following And Long Term Profitable Trading System On The Market.Uniqie and Highly Profitable Trend Following Automated Trading Strategy.

The Dollar index trapped inside Fibonacci price range.

The Dollar index had a strong week as price bounced off key Fibonacci support at 98.20 all the way to 100.85 where the rise stopped at another important Fibonacci resistance area. Longer-term trend remains bullish and as long as price is above 94.60 bulls remain in control.Orange rectangle – supportRed rectangle – resistanceThe Dollar index has stopped its rise just above the 50% Fibonacci retracement of the recent decline from 103 to 98.29. Breaking above the red rectangle resistance would be an important bullish sign that will increase the chances of seeing a move above 103. Despite the bearish divergence in the RSI in the Daily chart, as long as price is above 98.20 the chances of making a higher high above 103 remain high. If price breaks below the orange rectangle the chances of approaching the 95-94 level will increase dramatically. If at the start of next week we see a rejection of price around the red rectangle then we should expect a pull back towards the orange support area. The material has been provided by InstaForex Company – www.instaforex.com…

*ISM U.S. Non-Manufacturing Index Drops To 52.5 In March

ISM U.S. Non-Manufacturing Index Drops To 52.5 In March The material has been provided by InstaForex Company – www.instaforex.com…

Dollar Ticks Up Following U.S. Jobs Data

Following the release of U.S. nonfarm payrolls data for March at 8:30 am ET Friday, the greenback edged up against its major counterparts. The greenback was trading at 108.50 against the yen, 0.9781 against the franc, 1.2256 against the pound and 1.0780 against the euro around 8:31 am ET. The material has been provided by InstaForex Company – www.instaforex.com…

China Cuts Small Banks' Reserve Requirement Ratio

China’s central bank decided to reduce the reserve requirement for small and medium-sized banks by 100 basis points to improve liquidity and shore up the economy hit by the outbreak of coronavirus. The People’s Bank of China, said on Friday, that it will cut the reserve requirement ratio by 50 basis points each on April 15 and May 15. The reduction will release CNY 400 billion liquidity into the financial system. The latest RRR cut was the third so far this year. The reserve ratio will fall to 6 percent for about 4,000 medium and small-sized banks. Further, the central bank lowered the interest rate paid on excess reserves that lenders maintain with the PBoC, to 0.35 percent from 0.72 percent, with effect from April 7. Frequent targeted RRR cuts that release long term liquidity to the market mean that longer-term interest rates should fall, if global risks do not increase suddenly, Iris Pang, an economist at ING said. Though this would not benefit SMEs, which are the most in need, it will ease the interest costs of other corporates that could contribute to the recovery of the economy, even if liquidity is already ample, the economist…

Oil Extends Gains As OPEC Calls For Emergency Meeting

Oil prices rose sharply on Friday to extend gains from the previous session as OPEC scheduled an urgent meeting with Russia and other oil producers next week to agree output cuts and end a brutal price war. Benchmark Brent crude jumped 9.6 percent to $32.81 per barrel, after having soared 21 percent in the previous session. U.S. West Texas Intermediate (WTI) crude futures were up 4.8 percent at $26.54 a barrel, after having climbed nearly 25 percent the previous day. The meeting, called by Saudi Arabia, will be held via video conference on Monday. It will be open to all producers including producers from outside the OPEC+ alliance. The meeting comes a day after U.S. President Donald Trump said he expects Russia and Saudi Arabia to cut somewhere between 10 and 15 million barrels per day (bpd) of oil production – an unprecedented amount representing 10 percent to 15 percent of global supply. Trump has not offered to lower U.S. oil output. The material has been provided by InstaForex Company – www.instaforex.com…