FinMax Market Review at Top Five Forex The best online Forex Trading Websites

Binary options are prohibited in EEA / Between 74-89% of retail investor accounts lose money when trading CFDs. We are NOT the official Olymp Trade website.
[Close X]

FinMax Market Review


Last week was quite negative for the single European currency. Despite the obvious upward trend, all five days euro was falling vs. the US dollar. We can mention several factors that influenced this.
First, investors refused to take risky assets, which, as it turned out, supported the American currency. In addition, rumors that the Fed may raise the interest rate at the next meeting, attracted attention to the dollar.
Technical analysis tells us that, the pair entered a small downstream channel, and at the moment is at a strong support level, which implies corrective movement to higher levels. We recommend to consider the current position of the pair, to open long positions for the average period.

Market review, Feb 12 – Feb 16, 2018

728x90 micro deposit_banner_10$ plant_EN

BNP Paribas

According to Standard & Poor`s, BNP Paribas is among the six largest banks in the world. Managing assets, the financial giant ranked 12th among the world’s largest investment companies since 2015. The spectrum of services and business maximally covers the financial market as a whole. From asset management, depositary assets, administration, to simple retail services (salary accounts for example).
Now the company’s stocks are in a good position to enter the market. The nearest forecast is $ 70, and today – $ 63.20. On the daily chart, you can clearly see the double bottom that has worked itself out, the growth after which has passed to the formation of the flag. How strong will growth be? $ 70.00 is the nearest target.

Market review, Feb 12 – Feb 16, 2018


Snap Inc showed better results than Facebook in the rating of the most innovative companies in 2017, losing to Amazon, Google, Uber, Apple (Snap took the 5th place), published Fast Company. But according to investors, the merit of the company is small at the moment, which is strange. Snap was promised to redesign and change to a more adaptive and user-friendly interface (since there were not flattering user reviews). Many experts expect that, after the work done, the audience will begin to grow at a higher rate, as a result, the company’s revenue will generally justify the high demands of shark investors.
In general, this asset is interesting, but given the aggressive volatility in the markets last month, it is better to wait for the next report and act on the situation. The most crucial is how the already existing audience will react to the redesign and interface change, when they are already accustomed to what is. The company’s next goal is to continue to increase the audience by 20% each quarter, and a consequence and monetization will grow. We are waiting for the rollback of the price to $ 17-16, because at the moment the price has gone up with gap, so we expect a rollback and if the report is no worse than the current one – it will be a good opportunity to open trades for high.

Market review, Feb 12 – Feb 16, 2018

Black gold continues to fall against the the strengthening of the dollar, an increase in the number of drilling rigs and oil turnover in general. After a rollback to the level $60.00, continuation of the bearish movement is expected and the second test of the mark is 59.00. On Wednesday, the next report on weekly oil reserves will be released, and preliminary forecasts are positive, therefore we expect the fight in the corridor 59.00-58.00 by the end of the week. Everything depends on how good the reports on stocks and dollar-supporting reports (consumer price indices, retail sales, etc.), a week in this pair will be interesting. There will be more than enough signals for good trading.

Market review, Feb 12 – Feb 16, 2018


Written by admin

February 12th, 2018 at 2:05 pm

Posted in Uncategorized



General Risk Warning:
 The financial products offered by the companys in this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.