Metatrader 4 by ActivTrades

Access to the Forex market is quick and easy with the Metatrader 4 platform offered by the competitive online broker ActivTrades. The broker offers three versions of this platform for the different devices it can be used on – a Desktop version, a Web and a Mobile Version.

The Desktop version provides live quotes, advanced charts with drawing tools, indicators, experts, one-click trading with quick execution, unlimited charts, market and pending orders for long and short positions, Microlot and Minilot trading, historic data centre and strategy tester, price alerts, 21 languages available and more. 

MetaTrader 4 Web is the browser-based version of the platform which requires no download and lo installation, it can be used on any computer or mobile device that has Internet access. The platform has an easy to use interface and all the essential features required by a trader.

And last but not least there is ActivTrades Mobile Metatrader 4, which can be used on iPhone, iPad and Android smartphones and tablets. By using this platform you will have quick and functional access to the market and control over your account in the palm of your hand.

Learn more about the ActivTrades Metatrader 4 platform here.

Silver Is Bearish

Silver has been consolidating sideways between 16.50 and 17.45 since the beginning of October this year, but the precious metal may finally break out below the support at 16.50, considering how bearish it is and now it is finally back to testing the aforementioned level. If it does break out below 16.50 there will probably be a further move to the downside towards 16.00, and a breakout below that support could lead to a further drop towards 15.60. On the other hand, if the precious metal bounces off from the support at 16.50 the overall sideways consolidation will probably continue and Silver will likely rise back towards 17.00.

The GBP/USD Sideways Consolidation Hasn’t Ended

GBP/USD has been consolidating sideways for over a month now and briefly it looked like the consolidation may have ended as the pair broke out above the last high at 1.3337 and continued moving to the upside towards 1.3382. However, despite forming a new high GBP/USD, bounced off from the aforementioned level and formed a shooting star candlestick below it on the daily time-frame , then, unsurprisingly, continued falling. Currently the pair is back at the support at 1.3220. A breakout below that support will probably lead to a further move to the downside towards the next support which is at 1.3140 and coincides with the (MA)89 indicator on the daily time-frame.