Site map
العربية Български 中文 Čeština English Français Deutsch हिन्दी Bahasa Indonesia Italiano Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

Crypto Industry News:

The Federal Revenue Office of Brazil (RFB) has published new rules that require cryptoclutting exchanges to inform him about user transactions in order to identify tax evasion.

The guidelines explain how Brazil's cryptocurrency trading platforms should adopt new rules to report on the movements of users' cryptographic funds to the office and how to meet the requirements of Normative Instruction 1.888 / 2019 published in May this year.

In particular, the RFB requires that cryptocurrency exchanges operators based in Brazil provide information on all transactions carried out under their system, while platforms based abroad must provide such information whenever the monthly value of the operation, individually or in aggregate, exceeds 30,000 Brazilian realities (7,750 dollars).

In addition to transaction volumes, exchange operators must also provide data such as the nationality of the digital currency owner, his place of residence or permanent residence and which cryptographic assets were used in the transaction.

As required, all information required must be provided within a specified time, i.e. "11:59:59 in Brasilia, the last calendar month following the month in which the operation took place". The new rules will come into force in September 2019.

When RFB announced that it creates requirements for cryptocurrencies, Ismair Junior Couto, the legal director of the Bitcoin Banco Group - the largest Brazilian cryptocurrency broker - said that the initiative had long been awaited. He added that Bitcoin Banco introduced provisions providing the required information to the authorities.

Technical Overview:

The ETH/USD pair has made a new local high at the level of $284.50 as it broke through the technical resistance zone. From the Elliott Wave Theory point of view, the corrective structure in wave 4 is still possible, albeit it will be a big corrective pattern, so it will likely be a different cycle anyway. Nevertheless, the top of the wave (b) of the irregular correction is still on the table as long as the market trades below the wave 3 top at $288.61.

Weekly Pivot Points:

WR3 - $345.37

WR2 - $311.54

WR1 - $291.71

Weekly Pivot - $256.95

WS1 - $239.45

WS2 - $203.99

WS3 - $185.39

Trading Recommendations:

The best strategy in the current market conditions is to trade with the larger timeframe trend, which is still up. All the shorter timeframe moves are being treated as a correction inside of the uptrend. The current uptrend wave is the wave 4, which is a corrective wave and after is completed, the uptrend should resume.

Exchange Rates 21.06.2019 analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Sebastian Seliga,
Analytical expert
InstaForex Group © 2007-2019
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade