Bullseye Markets News

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Demo accounts are really very useful for many reasons and many ways. For a start in forex trading market Demo Account is Must. It’s not easy to start forex trading directly by opening live trading account with any broker.There’s no trading without some practice, or even a lot of practice.

A Demo account is like riding a bike with training wheels, it is fun, easy and highly encouraging but once the training wheels come off, it is more dangerous, risky and less fun until you really learn how to ride.

While trading on a demo account you are desensitized to emotions and have all the freedom in the world to lose opportunities lose trades and so on. It can be very easy and fun, making some profits then losing them only to make more profits without ever losing any money. You are not at risk you are enjoying it and you are not worried. Once you’ve thrown in your money the process will become much harder to control. It’s the difference between playing a poker game with candies as money, and playing it for real money.

Al though it is a great place to slowly understand trading, and find your place as a trader, it is hard to really learn yourself until you get a real account. That is when you will test yourself under stress and emotion, you will see what you are most comfortable with, your preferable trading hours etc.

But by using demo account you have to careful about your emotions and excitement when you trade on a live trading account. You have to take your all trades carefully when you trade on a real account.

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Forex Bonuses and Promotions are very important in the forex world for traders and as well as for Brokers also. When a Forex Broker offers exciting bonuses and promotions to the traders then have attracted to them. Promotions will increase a clients knowledge and earning possibilities and on the other side they will increase the number of company’s clients. BullsEye Markets offers various type of promotions & bonuses like 100% Credit Bonus and 20% Tradable Bonus.

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BullsEye Markets Trading Instruments or Trading Products

BullsEye Markets provides access to 175+ financial trading instruments including all major and minor currency pairs, cryptocurrencies, global indices, stocks and commodities or metals. Traders can access the list of contract specifications where spreads, swaps and trading hours are indicated.
Forex:- BullsEye Markets provide more then 175 currency pairs for trading forex including crypto currencies, Indices, Stock and Commodities.

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Top Most of the U.S shares.
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Metals and Energies:-
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Crypto currencies:- Crypto currency known as digital currency also. Do currency trading here and earn extra money. Here are some of the important points of it:-
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Indices:- BullsEye Markets allow traders to do forex trading on indices too. Take your trades carefully on indices and generate great profit.
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Technical Overview of EUR/USD and GBP/USD

EUR/USD


The EUR/USD currently traded at the level 1.1880 according to the press time that will be representing the gain on the day.

The pair neglected to build up protected traction over the 1.19 blemish on Thursday, having neglected to close over that level on July 31.

In that capacity, 1.19 is the key obstruction. A continued move past that barrier is expected to re-establish the bullish movement and make the ways for 1.2042 (July 2012 low).

The pair will release above at the level 1.19 could make a few purchasers leave the market and yield a remarkable pullback. Observe that the relative quality record on every day and 4-hour graphs are showing overbought conditions with an over 50 print. Therefore, rectification can't be prevented.

The higher low of 1.1696 made on Aug. 3 is the level to beat for the bears.

GBP/USD

The GBP/USD pair will take the bid near the level 1.1315 up to 0.21% on the day during Thursday according to the Asian Session. The Cable pair will be recently bounced off 1.3108 to a two-day winning streak.

With the MACD bulls, the pair is bound to succeed a descending slanting pattern line from July 31, at 1.3160 now, which thus could rapidly move the pair towards March high close to 1.3200. In any case, July month's high of 1.3170 may go about as an approval point for the further rise.

The pair will be expected to go the level 1.3100 goes about as a close-by rest for the vendors during the new drawback in front of a rising helpline close to 1.3025.

It merits referencing that the pair's decreases below at the level 1.3025 won't give free passage to dealers as 200-HMA close to 1.3010 and the 1.3000 limits will be the difficult one to break for the bears.

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EUR/USD Losing Upside Momentum Trend up Slowly

The resistance will come at level 1.1765 that following the down-trending with the resistance level at 1.1796. It will go edging the higher against the US Dollar on Early Tuesday after testing its lower level on since August session. According to the Monday Session was all about the U.S Dollar as the Investor that will focus on the United States and US-China tensions that will go ahead on the key trade that talks this week increased the greenbacks on the safe-haven currency.

The fundamental pattern is up as indicated by the day by day swing Chart. Travel through 1.1916 will flag a resumption of the upswing. The primary pattern is alright for the time being, it will change to down on and traded through the closest fundamental base at 1.1185.

The minor pattern is additionally up. The pair will be traded at the level through 1.1696 will change the minor pattern down. This will likewise move force to the drawback.

The minor range is 1.1696 to 1.1916. Its half level at 1.1806 is possible obstruction.

The momentary range is 1.1371 to 1.1916. Its retracement zone at 1.1644 to 1.1579 is the principal drawback target zone. Since the fundamental pattern is up, buyers are probably going to come in on a trial of this region.

The primary range is 1.1185 to 1.1916. Its retracement zone support level is 1.1550 to 1.1464. The mix of the present moment and primary reaches makes a help group at the level 1.1579 to 1.1550.

GBP/USD 10 Immediate Go Downside above 1.3000 and Restricts 10-day EMA

GBP/USD battles to cart the earlier day's skip away 10-day EMA. The Cable takes rounds to 1.3070 in the midst of the pre-Tokyo open Asian meeting on Tuesday.

While overbought RSI conditions could be spotted for the pair's failure to rise, 10-day EMA and a rising pattern line from April 14, individually close to 1.3035 and 1.3000, offer solid drawback backing to challenge the dealers.

It should be that as it may be noticed that the buyers are probably going to stay careful except if effectively breaking 1.3200 headings including March month high. However, transient recuperations to 1.3115 and 1.3185 can't be precluded.

On the other hand, the pair' decreases below 1.3000 will empower the bears to focus on June month's high close to the level at 1.2815 with 1.2900 going about as middle of the road stop during the south-run.

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GBP/USD Touches the Support Line towards 1.3100 and Bounces Off

The GBP/USD traded at the intraday high and rising at the level 1.3077 on 0.11% during the Early Tuesday Trading.

The cable pair dropped to the one-week low level on Monday to the descending trend line to triggered pullbacks that supporting the recovery of the RSI conditions

Therefore, a decreasing pattern line from Friday, at 1.3106 currently, is choosing up the market consideration in front of a 100-hour EMA level close to 1.3125.

If the trader expected that the pair will be traded up at the level 1.3125, the earlier day's top close to 1.3150 will be the key as it holds the door for the pair's run-up towards Friday's top around 1.3255 and the month to month top containing 1.3270.

It deserves referencing that March month's high near 1.3200 can go about as a reasonable end somewhere in the range of the level at 1.3150 and 1.3255.

Despite what might be expected, a drawback break below the level 1.3050 will attack the level reached at the level of 1.3000 peaks. However, the month to a month low of 1.2981 can challenge the traders a while later.

EUR/USD Gravestone Doji Seems Bearish Outlook Reinforces On Monday


The EUR/USD pair seemed on the bid and traded high at the level 1.1850 before closing the day on the flat at the level 1.1787.

The pair framed a "Gravestone Doji" candle, increasing the bearish standpoint introduced by Friday's huge red amazing light and the negative uniqueness of the 14-day relative quality file confirmed a week ago.

The 5-and 10-day straightforward moving midpoints (SMAs) have delivered a bearish hybrid and the day by day graph MACD histogram is printing further bars beneath the zero line an indication of strengthening the bearish force.

In that capacity, the pair dangers tumbling to the day by day graph sideways channel support, as of now at 1.1732. At press time, the pair is sidelined close at the level 1.1792. A nearby bove 1.0850 would negate the Gravestone Doji candle.

To know more visit https://bullseyemarkets.com/
 
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Bullseyemarket is one of the reliable brokers. We are dedicated to serving clients with the advanced technology used in forex trading by using forex to enhance their trading experience. We offer a variety of trading derivatives that help the customer to earn more with various types of bonuses and promotions. We will allow you to understand the various trading strategies to gain financial independence for trading excellence.

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Bullseye Markets provides access to 175+ financial trading instruments including all major and minor currency pairs, cryptocurrencies, global indices, stocks, and commodities(such as oil and precious metals). We offer to trade in Following products:
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We offer you the various account types that suit your needs to grow your earning. Compare the features and benefits of all Forex Trading Accounts offered by BullsEye Markets and choose the best account to suit your trading needs. In this account comparison guide, we will attempt to cover all aspects that contribute to the overall profitability of traders and help them make most of their investment while managing accounts.We offer the following account types:
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Start your Forex trading career with BullsEye Markets and Get 100% Credit BONUS. The minimum deposit for the 100% credit bonus is $100. After making a successful deposit credit bonus will be credited automatically into a trading account. This bonus helps you to increase your leverage.

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With BullsEye Markets MT4 Forex Trading Platform you can enjoy the flexibility of easy trading with a highly liquid market for an important profit. BullsEye Markets offer a highly customizable trading platform which fulfill your trading needs on any device. We have the MetaTrader4 platform for your Desktop, Android, and iPhone/ iPad too.

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Bullseye Markets partnership program offers customers a unique package of assets that habitat them with an important benefit on the Forex trading partnership program. Divided into a revolutionary hybrid refer Program and the powerful Introducing Forex Trading Brokers Program, the system covers an array of partner types including bloggers, social media experts, and Forex trading educators. We offering the three types of partner program for the traders to grow your business in the next level:
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Technical Analysis of EUR/GBP USD

EUR/USD Charts Shows Winning Trend In Four- month


The EUR/USD pair was ended at the level by 4.8% 1.19% and 1.36% this June, July, and May respectively. It will seem the four-month winning trend at the longest level.

The daily chart relative quality file is presently separating higher from the trend line interfacing July 30 and Aug. 18 highs. Thusly, the pair may before long discover support above 1.1966 – the Aug. 18 that topped upside on Monday and challenge the mental obstacle at the level 1.20.

The quick preference would turn bearish if the pair falls under Monday's low of 1.1884, which indicates a higher low example on the hourly chart.

GBP/USD Keep Going to Seller above at Level 1.3350

The Cable Pair was traded at Intraday high at level 1.3358 and it will go down at the level 0.08% during the Tuesday Session. The failure of this pair will stay strong at the near levels of the multi-month high at the bearish candlestick on the daily chart. It will be increasing the further downside to the overbought conditions of the RSI.

All things being equal, the traders are waiting for some time for an unmistakable drawback under a rising pattern line from July 31, right now around the level 1.3345, for new passages.

In doing as such, the August 19 top close to the level 1.3265 and 21-day EMA level of 1.3142 will be on their radars.

On the other hand, the pair needs to cross 1.3400 round-figures to oppose the earlier day's candle development and challenge December 2019 summit including at level 1.3515.

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Technical Analysis of AUD USD/GBP USD

AUD/USD Pair Waiting For Bulls Pounce on Daily Structure Offering 1:5 R/R

The AUD/USD seems both the bulls and the bears in the top-down analysis that compelling the price action that appeared on the daily chart for the long bias exists.

The Bulls price for the pair will monitor the action from the 4 hour time period to look at the bullish environment that will see the higher probabilities to the swing trading.

Coming up next is a market structure investigation directed on the month to month, week after week, day by day, and 4-hour time periods with an outline of what a long passage may follow for a 1:5 risk to recompense arrangement.

The month to month chart really offers a bearish viewpoint as the value battles in the distribution zone following a very long time of the constant bullish month to month closes.

A continuation of the conveyance offers the potential for a short swing trade IF the everyday arrangement doesn't develop on the 4HR time span.

GBP/USD Pair Bears the Attack Two Week Near at Level 1.3150

GBP/USD drops to 1.3150, intraday low of 1.3140, during early Tuesday. In doing as such, the Cable keeps Monday's shortcoming recent day SMA in the midst of ordinary RSI conditions. It should be noticed that the pair expressed an everyday low of 1.3140 the earlier day.

Therefore, the bears are probably going to focus on a momentary rising helpline close to the level 1.3120 however the late-August lows close to 1.3060 may limit the statements' further shortcoming.

For a situation where the traders keep the reins after 1.3060, the 1.3000 edges and July 30 low close to 1.2945 will be the way to follow.

Then again, an upside break of 21-day SMA, presently around 1.3190 should cross the August 19 high of 1.3267 to review the purchasers. Nonetheless, 1.3200 may offer a center of the road stop during the rise.

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In Forex Market there are a lot of opportunities offered to traders so that they can take more advantage of Forex Market. Top Online Forex Broker Companies has created an enormous chance for advancing Individuals who want to offer their customers the ability to trade currencies online and/or diversify into efficiently maintained accounts.

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BullsEye Markets is an online reliable forex broker providing CFD's on currency pair values. Bullseye is created to help clients with the best-trading action. Our mission is to provide the Best Online Customer Service that allows and enables the traders to understand the trading strategies, gain financial independence, and trading excellence in the power industry. We always try to ensure that our all services meet up with the client's requirements.

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Technical Analysis of EUR/GBP USD

EUR/USD Price Shows Breakdown In Head And Shoulder Pattern

The EUR/USD pair is traded near the Head and Shoulder pattern to the support at the level 1.1770 at the press time.

It will seem close at the support line to the H&S Breakdown to the bullish to bearish trend to change and open the doors at the level 1.1530.

The Pair is rising at the trendline lows. The Bullish to the downside break the back to below at the level to bearish reading on the 14- day relative strength index.

The Head and Shoulder pattern of the EUR/USD shows the breakdown to the bias to go bullish if the pair rises above the level 1.1918 high.

GBP/USD Pair Prices Shows Bears and Ignore the Pullback Beyond at 1.2800

The GBP/USD shows bounces off the intraday low at the level 1.2803 to 1.12817 during the Asian session to the previous losses.

In any case, bearish MACD pushes the buyers to take passages just on the break of a sliding pattern line from September 01, as of now around the level at 1.2930.

It should be likewise be noticed that a position of 38.2% Fibonacci retracement of June-September upside and 50-day SMA around 1.3010/15 will challenge the bulls following.

Moreover, an even zone including the July 21 top and the month to month low, somewhere in the range of 1.2762 and 1.2767, offers important help to the pair.

Additionally going about as drawback barriers are the 61.8% Fibonacci retracement level and July 09 high, separately near at the level 1.2720 and 1.2670.

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Technical Analysis of Stock Market

Stock Market Rounds Up Again In Week 39

If we talk about the previous week’s report the S&P 500 futures seems below the support level at the 3300 and it will seem immediate support to the level between 3200-3230. The results satisfied the expectations as the week started in week 38 market to round up again in which the bearish covered the S&P to overcome the level 3425.

Sliding wedge design in the S&P 500 day by day outline. The descending push was abbreviated proposed shading of the downforce.

Expanding exertion to the drawback in the US meeting on 23 Sep 2020 and during the non-customary trading hours meeting on 24-25 Sep 2020 didn't create a significant descending outcome, recommended flexibly retention.

Reliable interest came in on 24 and 25 Sep 2020 created quality assembly up, broke out the slipping wedge, and the primary gracefully zone at level 3270. This is where the push to the upside is in a state of harmony with the outcomes (a meeting up)

A week ago's value activity of the S&P 500 tried the help region at the level 3200–3230, where it is a reliable spot to see a bob up.

US securities exchanges demonstrated new energy, destroying discharging losses, and inevitably winning up to 2.2% (Nasdaq). Asian business sectors are less interested early today, yet by and by gain by almost 1%. Chinese modern benefits expanded for the fourth month in a row, yet stay down YTD (- 4.4%). Financial trades shrug of the alarming international scene with rising COVID-19 counts inclining the equalization toward stricter lockdown measures. The Times of London for instance reports that the UK is examining a constrained social lockdown across a lot of northern Britain and conceivably London.

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Technical Analysis of S&P 500

S&P 500 Futures Regained at Level 3,400 Mixed Clues For Trump's Health

The S&P 500 seems the future around at the level 3,390 that goes down 0.07% intraday during the Asian Session. The risk barometer is the part of the ways in which the upbeat performance is probed at the mid-September highs.

The US President Donald Trump's takeoff from the Walter Reed, trailed by almost any tweets from the Republican chief, at first kept the risk on disposition, an ongoing video from the American chief indicated that he is battling while at the same time relaxing. Likewise reinforcing questions over Trump's wellbeing was the ongoing confirmation from the White House that he will be under 24-hour supervision and anyone approaching the President should wear the PPE pack.

Somewhere else, chances of the delicate Brexit are on the climb while US House Speaker Nancy Pelosi and the Treasury Secretary Steve Mnuchin continue attempting to try and start the boost talks.

The S&P 500 Futures as well as danger forces from Asia-Pacific, as Nikkei 225 and Australia's ASX 200, additionally streak blended signals and test the market bulls.

Proceeding onward, RBA and Aussie spending will be critical to watch during Asia while Fed Chairman Jerome Powell's speech and updates concerning US President Trump will keep the driver's seat.

The White House suspended the US Food and Drug Administration's (FDA) more stringent rules that might have prevented the (COVID-19) antibody from turning out before the presidential political culture.

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Technical Analysis of S&P 500

US Stock Open At Higher and Continues to Bet on Stimulus Deal


The S&P 500 Futures that are gaining the ground on in the premarket to trading as the trader that believe in the US lawmakers that reaches the ultimate consensus due to the coronavirus package.

S&P 500 futures are making strides in premarket trading as traders that stay satisfied that U.S. legislators will eventually make an arrangement on the new Covid help bundle. U.S. President Donald Trump has as of late raised his boost offer to $1.8 trillion however Democrats kept on demanding the execution of their $2.2 trillion upgrade bundle.

There are no significant financial reports booked to be delivered today in the U.S. so brokers should wait for Inflation Rate and Core Inflation Rate reports which are expected to be distributed on Tuesday.

Examiners expect that the Inflation Rate will develop by 1.4% year-over-year while the Core Inflation Rate will develop by 1.8%. Center Inflation Rate lined in May at 1.2% and began to increment in July on account of the extraordinary money related and monetary improvement.

Traders expect that the Fed will save rates at the base for quite a while and let expansion run above 2% for quite a while. Be that as it may, a quicker than-anticipated expansion may put the current presumptions under inquiry so the market will be intently watching swelling reports.

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