Shares Trading With ActivTrades

ActivTrades offers a vast variety of instruments to trade with, including stocks. For those who do not know, shares are units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.  

ActivTrades gives you access to stock markets such as NASDAQ, NYSE, Euronext, London Stock Exchange, Deustche Borse and Borsa Italiana through the use of CFDs on a MetaTrader 5 trading platform.

The advantages of trading shares with ActivTrades through CFD include:

- Access to global stock exchanges like the New York, Paris, Milan, London and Frankfurt ones to trade the over 450 company shares ActivTrades offers.

- Through the ActivTrades share CFDs traders can invest in bullish and bearish markets with minimum cost.

- Mobile trading is available.

- There are no mark ups and no hidden fees.

- And last but not least, you can trade share CFDs in demo or on a live account, you can use Expert Advisors to automate your strategies and try a large set of pre-installed indicators and charts on the MetaTrader 5 platform.

To know more about Trading stocks with ActivTrades, follow this link!

GBP/USD Bulls eye 1.3200

GBP/USD is recovering from the yearly lows posted yesterday, building stable upward move the 1.3100 handle. The Sterling received good boost by the upward revision of the UK GDP growth for Q1 against the greehback’s corrective slide, adding fuel to the bullish sentiment. Currently the pair is 1.3165, up with 0.67% for the day.
Technically speaking the short-term outlook remains neutral to bullish. On the four hour time frame the price is developing above its bearish moving averages but crossing to above the 20-day SMA. RSI and stochastic are showing strong bullish momentum above their mid-lines.
The buying interest might push the pair even higher from the current levels. A breakthrough the 1.3200 hurdle will open door for testing the resistance zone around 1.3230. Looking to the downside the pair remains supported by 1.3120 and lower by the key level at 1.3100.

NZD/USD Bears are aiming 61.8% Fibo

As it was widely expected, the Reserve Bank of New Zealand left the Official cash rate at 1.75%, which has not been adjusted since 2016. The dovish statement of the central bankers triggered bearish mood for the NZD/USD pair and brought huge selling pressure. The pair is down with 0.55% today with current market price 0.6758. As seen on the four hour time frame the price is developing well below its moving averages, all of them keeping bearish slopes. RSI and stochastic are entering into extreme oversold territory but indicating that there is room for further declines. The downfall might continue towards the long-term support zone at 0.6720 (the 61.8% Fibonacci retracement of latest 0.7395 to 0.6850 bearish run) at least until the US GDP release which could move the sentiment in the opposite direction, leastways for a while.

XAU/USD Correcting from the new 2018 low

Spot gold lost about $10.00 today and marked a fresh new 2018 low at $1254.50. Currently XAU/USD is trading at $1258.00 having corrected slightly.

Technically speaking the short-term outlook remains neutral to bearish. On the four hour time frame the price is developing below its bearish moving averages. RSI and stochastic had turned to south and both are nearing oversold areas. 

Immediate support is seen at $1250.00 which is broken to below next target for bears will be served by $1243.00, followed by $1236.00 while the upside yet remains capped by Monday’s low at $1264. 00.

AUD/JPY Vulnerable on trade war

In true Trumpian style today the trade war was refreshed with several bew tweets concerning this time the Harley Davidson company, which has shifted some of its production overseas as a result of increased duties. In the forex market the most vulnerable currency pair in global trade concerns and risk appetite is AUD/JPY. 

During the last four months the pair is developing with a range between 84.50 and 80.50 and yet is finding stong resistance and respectively support at these levels. On the four hour time frame the price is developing below its moving averages which are merging around 82.50 and are proving immediate resistance. RSI has lost directional strength around 40. Stochastic retreated from its overbought territory and is showing storng bearish momentum.

When the markets become more influenced by the trade war and thematerial impact on global economic growth, then the pair might breach the bottom boundary of the current range which will lead bears to the long term support line at 76.00. But if the spirits calm down the AUD/JPY pair migt try to break the upper boundary of same range and next bullish target around the long-term resistance at 89.00. 

GBP/USD Bearish pressure below post-BoE's level

During the last week the GBP/USD pair marked highest level 1.3314 but closed almost unchanged at 1.3265. BoE surprised markets with its hawkish stance along with the change in the MPC vote, having 3 of 9 votes for rate hikes. Meanwhile the latest release of Brexit drama will probably weigh on the Sterling at tomorrow’s opening.

Technically speaking the short-term outlook for the pair remains neutral to bearish. On the four hour time frame the price is developing between its moving averages with current price in line with the 50-day SMA. The latest recovery was stalled by the 100-day SMA, which shows its corrective attitude. RSI has lost directional strength around its’s mid-line. Stochastic is showing strong bearish momentum and is nearing oversold territory.  

The last week’s low on post-BoE's decision is providing first support at 1.3240 with is broken to below will increase the bearish pressure and will lead the pair towards  1.3205 – 1.3170.

USD/JPY Flat around 110.00 on weak Japanese inflation

USD/JPY is trading almost unchanged today around 110.00 handle.  Markit manufacturing PMI marked 7-month low and eased a little the US bears’ bearish pressure. Meanwhile mixed US equities underpin JPY’s safe-haven appeal and also heлped for the downward movement. But  the resurgent US bond yields finally stopped the march to the south, at least at the time of writing.

Technically speaking the short-term outlook remains neutral. On the four hour time frame the price is developing below its moving averages, but feeling comfortable around 110.00 level. RSI is looking for direction around 47 while stochastic is showing good upward momentum, located below its mid-line. 

The 110.20-110.30 area will continue to act as an immediate resistance, which if broken to above will lead the pair towards next supply figure at 110.75 before potential hike of the critical 111.00 hurdle. The downside remains supported by 109.85 but in case is breaking it to below, doors are opened for testing 109.50 intermediate support and having next bearish target around 109.00.

GBP/USD Bearish pressure ahead of BoE

The GBP/USD is trading with 0.2% down today at around 1.3150 area ahead of Bank of England's rate call. It is widely expected that the central bank will keep rates unchanged at 0.50% and the volume of asset purchasing, but the sound of the statement will rule the Sterling’s direction.

Technically speaking the short-term outlook remains neutral to bearish. On the four hour time frame the price is developing well below its bearish 20-day and 50-day SMAs and flat 100-day SMA.

RSI is looking for direction around its 40 level. Stochastic is showing strong downward slope and has entered into extreme oversold area.

In the early London session the pair hit a fresh 2018 low at 1.3145, few pips below the current market price. The bearish pressure remains high and a downward acceleration through this point will serve the 1.3000 zone as next bearish target.

AUD/USD Bears rule the trend

The AUD/USD pair tried to push higher today but bulls couldn’t advance beyond 0.7408. The Australian Westpac Leading Index showed worse than expected figures while the greenback is keeping steady levels. Technically speaking the short-term outlook remains neutral to bearish.On the four hour time frame the price is developing below its moving averages and as seen the 20-day SMA stalled the bullish aspiration. RSI is staying flat around its 30 while the stochastic is extremely bearish and is entering oversold area. Immediate support is seen at 0.7345 and if broken to below will open doors for testing 0.7250, which will offer strong long-term support line.

EUR/USD in quiet consolidation

This week the EUR/USD pair is quite shy and is not showing any spectacular movements as did last week. Honestly the pair is seen in quiet consolidation and caught within tight range between 1.1526 and 1.1600. In fact markets have nothing interesting to offer today but the greenback however keeps its multy months highs. 

Technically speaking the short-term outlook remains neutral to bearish. On the four hour time frame the price is developing below its flat moving averages. RSI has eased around its 43 level while stochastic is showing good upward strength slightly above its mid-line. 

First resistance is provided by the dynamic 20-day SMA currently being at 1.1590 and next one comes with 1.1645, the weekly high. Looking to the downside the pair yet remains vulnerable for further decline is closing below 1.1550. And if so, I expect bears to test 1.1510 which level if broke would open doors for 1.1460.

ActivTrades Professional Trading Account

My broker, ActivTrades, offers many and great services to make trading pleasant and comfotable experience. Bur first is most important is the Professional Trading Account, which gives you access to many excellent benefits:

·         FSCS Protection and Enhanced Insurance – the broker provides additional insurance for capital up to $1,000,000.

·         Flexible Leverage – you can enjoy leverage up to 1:400.

·         Tailored News and Analysis – you will be aided by exclusive technical analysis from leading experts in the field.

·         Segregated Account – your funds will be kept in a segregated account at all times.

·         Balance Protection – should your balance become negative it will be reset to zero.

·         A Dedicated Account Representative who will assist you along your trading journey.

To know more and to apply for a Professional Trading account, follow this link!

Let me entertain you

The Draghi show dragged EUR/USD down today. The pair is trading around 1.1603, down 1.65% on the day and more than 200 pips off the highs. Mario Draghi and company delivered small changes and triggered huge volatility but unfortunately not in favor of the single currency. The monetary monsters announced their main target – to taper the bond buying in its June decision, defying expectations that the decision will wait until July. All in all, the ECB chief, known as a good dove, won over his rivals in an impressive way, resulting downfall of the euro will help him achieve higher inflation that the bank is committed to. ABBA used to sing the winner takes it all. Guess who is the loser that has to fall. 
Experts on smiles, handshakes and other less known codes of diplomatic etiquette are still trying to decipher the behaviour of both sultans of nuclear swing. Wars no more. Let’s see. 

Meanwhile the Theresa May’s compromise plan falls apart as pro-EU rebels branded it as unacceptable. It’s very dramatic, the GBP/USD is falling along with rising US bulls on robust macro data. But impossible broad and enthusiastic smiles are running all over UK, starting with Queen Elizabeth II and her brand-new daughter-in-law, Megan on their first joint official engagement. 

As you see everyday wheels are turning as Deep purple sing. Well the most interesting turning was today’s opening of the World cup in Russia. By the way I enjoyed Putin’s speech, but most of all I enjoyed another Englishman’s show. Robbie Williams knows how to entertain and gave the world the middle finger. 

Let's the games begin. That’s it.