Jump to content

OctaFX_Farid

Company
  • Posts

    3069
  • Joined

  • Last visited

Everything posted by OctaFX_Farid

  1. USD benefits from prospects of monetary policy normalisation - Commerzbank FXStreet (Córdoba) - Ulrich Leuchtmann, analyst at Commerzbank, notes that the FX market displayed a notable reaction to Fed Yellen testimony this week, a fact that is quite remarkable following times of continuously falling volatility. He attributes this mainly to prospects of normalisation of US monetary policy, which at the same time supports a dollar appreciation. Key Quotes “Two factors are likely to have been decisive for this development: Mrs Yellen had such a dovish reputation that even a neutral statement comes as a surprise. The normalisation of US monetary policy is progressing so notably that the markets are increasingly pricing a return to normal circumstances in the US”. “The second factor in particular is likely to influence exchange rates in the future, which is why we feel confirmed in our view of a (initially slow but then increasingly rapid) dollar appreciation”. “The US dollar is increasingly benefiting from the increasingly certain prospect of a normalisation of US monetary policy. Fed signals pointing in this direction are becoming increasingly important for the FX market – even if they should not come as much of a surprise”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2014 OctaFX.Com News Updates
  2. EUR/USD at levels not seen since last February - FXStreet FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik observes that EUR/USD is moving close to levels handful only several pips away from the critical 1.3476 year low. Key quotes "The EUR/USD finally moved away from the 30 pips range that contained price for most of the week, with the hourly chart showing an increased bearish potential as per price accelerating below its 20 SMA and the 4 hours chart showing indicators resuming the downside after repeated failure around 1.3535 static resistance." "Immediate support comes at 1.3476, this year low, and a large amount of stops should stand below so if trigger, the slide may quickly extend. " OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2014 OctaFX.Com News Updates
  3. United States CB Leading Indicator (MoM) came in at 0.3%, below expectations (0.5%) in June Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2014 OctaFX.Com News Updates
  4. Risk aversion increasing in the global markets - BTMU FXStreet (Barcelona) - Derek Halpenny, European Head of Currency Strategy at the Bank of Tokyo Mitsubishi UFJ, remarks sentiment around safe havens are building up. Key Quotes "Financial markets have been unsettled by the upturn in geopolitical risks after the downing of a civilian airplane over Eastern Ukraine and after Israel began a ground-offensive operation in Gaza. The VIX index jumped a huge 32% to close at 14.54, crude oil was up 2% while the price of gold increased 1.5%." "With the EU and US sanctions being digested by the markets yesterday, USD/RUB jumped 2.2%. However, outside of the rouble move, the foreign exchange market remains remarkably stable." "One-month USD/JPY implied volatility is currently at 4.89%, up from 4.45% on Wednesday, which was another record low. Volatility in EUR/USD and other major currency pairs remains subdued as well." "In part we think this is explained by the latest downturn in UST bond yields in the US – the 10-year yield fell to 2.44% yesterday, matching the low from May, a level not seen since May last year. The 10-year yield is down 20bps since early July." "Higher yields in the US is going to be the key catalyst for increased volatility in the foreign exchange market as investors eye greater divergence with other major economies and general risk appetite conditions become less favourable. These latest developments, it is believed, make it more likely that all central banks will remain on the same page for longer, thus limiting the risk of any major change in financial market developments." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 18, 2014 OctaFX.Com News Updates
  5. OctaFX.com-Become Fan on our Official Face Book Community! Become our fan on Official Facebook community? Have you already declared yourself as our fan? We invite you to be part of OctaFx for your success future, OctaFx offering 50% each deposit bonus as well 8USD no deposit bonus, fast server no re-quoutes guaranty so, join right away to became successful trader. We are here to help 24/7 because its our pleasure to server you! Feel free to ask any question about OctaFX. we are glad to serve you the right way. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  6. Aussie strengthens against the dollar - FXStreet As FXStreet Chief Analyst Valeria Bednarik notes, AUD/USD has moved above 0.9370 and is approaching the 0.9400 level. Key quotes "The hourly chart shows indicators heading higher above their midlines and 20 SMA acting as dynamic support currently near strong static support of 0.9370." "In the 4 hours chart a mild bullish tone is also present, with indicators aiming to cross their midlines to the upside and price above moving averages. " OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 17, 2014 OctaFX.Com News Updates
  7. GBPJPY sees successful rejection from Fibonacci retracement 61.8% - ForexTrading.TV FXStreet (Łódź) - Petar Jacimovic, currency analyst at ForexTrading.TV, observes that GBPJPY is experiencing a successful rejection from the 61.8% Fibonacci retracement. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 17, 2014 OctaFX.Com News Updates
  8. United States EIA Natural Gas Storage change came in at 107B, above forecasts (99B) in July 11 Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 17, 2014 OctaFX.Com News Updates
  9. GBP/USD struggling around 1.7100 FXStreet (Córdoba) - The GBP/USD has extended its decline below the 1.7100 psychological level at the beginning of the American session as the USD benefits from decline in risk appetite. The GBP/USD dipped to a low of 1.7093 but bears lacked determination to take the GBP lower. A series of mixed US data barely affected the pair that continued to hover around 1.7100. At time of writing, the GBP/USD is trading at 1.7105, 0.17% below its opening price. US housing starts fell 9.3% in June, while consensus was looking for a small uptick. Meanwhile, initial jobless claims dropped to 302K last week, beating the 310K expected. GBP/USD levels to watch In terms of technical levels,on the downside next supports could be found at 1.7073 (23.6% Fibo of 1.6692-1.7190) and 1.7058 (Jul 15 low). On the flip side, resistances are seen at 1.7190 (2014 high Jul 15) and 1.7200 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 17, 2014 OctaFX.Com News Updates
  10. EUR/USD finds support at 1.3520 FXStreet (San Francisco) - The EUR/USD reacted to the upside following the better than expected jobless claims in US as the pair is trading slightly bullish at 1.3530 after supporting the 1.3520. Earlier in the day, the EUR/USD peaked to 1.3540 where the pair found selling interest and it was launched down to test the 1.3520. Currently, EUR/USD is trading at 1.3531, up 0.04% on the day, having posted a daily high at 1.3541 and low at 1.3521. EUR/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is strongly bearish. EUR/USD sentiment "EUR/USD is seeing some light short-covering, now at 1.3530. A sustained move through 1.3540 is needed to make the weak shorts sweat," comments Jamie Coleman from FXBeat. "A move above 1.3580 is needed to make them puke." To the upside, resistances are seen at 1.3540, 1.3560 and 1.3570. Supports are at 1.3520, 1.3500 and 1.3510. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 17, 2014 OctaFX.Com News Updates
  11. ECB's Constancio: Strictness of stress tests not only about results FXStreet (Łódź) - Vice-President of the ECB Vítor Constâncio commented on the details of Eurozone bank stress tests, released by the central bank on Thursday, saying that their strictness was not only about the results, as they have already prompted many lenders to raise new capital. “Banks know what we expect and have advance notice to prepare for the outcome of the comprehensive assessment,” the ECB policymaker said in a statement. “Much work has already been undertaken to repair banks’ balance sheets and, encouragingly, this work is continuing.” Constâncio admitted that some of the financial institutions would fail the stress tests but that there shouldn't be too many of them. He also added that the current strength of the euro reflected the improvement in market sentiment. "The upcoming stress tests have the potential to create some large volatility," Ryan Littlestone speculates on ForexLive. "Bad news and the euro plummets, good news and it rockets." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 17, 2014 OctaFX.Com News Updates
  12. OctaFX.com-OctaFX becomes Best Broker Eastern Europe and Central Asia! Our awards list is growing and we are happy to let you know that OctaFX received two more prestigious awards from the leading experts in this rapidly changing industry! Now we are officially recognized as Best Broker Eastern Europe and Best Broker Central Asia by Forex Report magazine! Forex Report magazine is Forex Industry’s number one resource providing traders with the most accurate information on trading tools, strategies, and leading brokerage companies. Each year, Forex Report’s dedicated research team analyses and assesses brokers, traders, and the latest technologies available on the market. Forex Report Awards celebrate industry innovators, those that provide the best in customer service, and those at the forefront of one of the world’s most competitive markets, and we are happy to be an essential part of the winners list. OctaFX team would like to thank Forex Report team for this high evaluation of our daily efforts of becoming the best in the industry. However, first and foremost, we would like to express our gratitude to our invaluable clients - you are a source of inspiration that pushes us forward, making our path filled with achievements! Thank you for all the support, it helps us target new outstanding aims to make your trading experience more convenient. You can find the full list of our awards here. Stay tuned for more news from your multi-awarded Forex broker! Thank you for choosing OctaFX as your top-notch Forex Broker.
  13. OctaFX.com- OctaFX awards $5000 to MyFXBook contest winners! Our Demo Contest in collaboration with Myfxbook is over! 3015 contestants have been trading for one month, fighting in a spectacular battle for three considerable prizes! Trades were executed, ranks shot up and dropped down and heated discussions on traders’ performance sprung up. Our team has monitored the competition closely and ensured fair play between contestants, and we hope you enjoyed every minute of trading with OctaFX! OctaFX congratulates 3 winners of MyFXBook demo contest: 1st place with $3000 prize goes to Mr. Vadim Rybalko from Russia 2nd place with $1500 prize goes to Mr. Bloni Dedi Fanri Simarmata from Indonesia 3rd place with $500 prize goes to Mr. Claudio Pietroni from Italy Traders did a tremendous job and their reward is well deserved. Following our tradition, we have asked the winners to share their experience with you and soon you will be able to read their stories! We are happy to give MyFXBook users this exciting opportunity to profit and would like to thank everyone for participation! Stay tuned and check our Company News page to know what special promotion we have prepared for every Myfxbook contest participant! Find more exciting contests at OctaFX.com! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  14. Start your successful trading with OctaFX today! Trade Forex with OctaFx and get: upto 50% Bonus Free 8 USD No Deposit Bonus! Requote-free Trading 1000 USD Demo Champions Contest Trading Sprint Demo Contest! Daily reviews and trading ideas Deposit & Withdrawal Instant Convenient and easy deposit & withdrawal methods High Commission for IB's Partners Demo accounts Clients Funds Protection Lowest Spread Low as 0.2 Metatrader PC, IOS Mobile, Android, (News in your Metatrader 4 from OctaFX and FXstreet.com) Write a 1500 characters review. post on a Forex forum and "Join the Word It Out" Contest! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  15. OctaFX.com- One-Click Trading in Metatrader 4! Dear clients! One-Click trading is an extremely convenient tool, allowing you to trade right from the chart. Every time you want to enter the market fast, you can do it in literally one click. Any news trader or scalper will definitely find it very helpful. Here are three easy steps to enable one-click trading in your MT4. Step 1 Open the chart you want to trade on. Then click the small arrow in the left top corner or the chart next to the symbol name. It will open the one-click trading interface on your chart. Step 2 Now you can see the interface. It shows you your current selected order volume (PLEASE pay attention to that!) and current currency bid and ask prices. You can change your volume here. And as you click SELL or BUY – it will open you a new order in just one click! Step 3 FIRST time you activate your one-click trading, you must agree with the One-Click Trading disclaimer. That’s it, you can use the feature for your trading! Stay tuned for more cool features and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  16. OctaFX.com-50% Bonus on each Deposit! OctaFX is all about making your trading experience convenient and outstanding, driving forex trading to a whole new level. Deposit to your account and we will give you a bonus of 10% to 50% of your deposit for free! This is a perfect way to increase total amount of funds in your account. All you need to do is deposit to your real account and verify it. Please carefully read the promotion rules below OctaFX.com gradually changes to the better user-friendly design starting from the main page. Promotion rules Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  17. OctaFX.com- Mrs. Ida Astrid Evelin from Indonesia advises to focus and never give up! Two traders from Indonesia, occupying the first and the third place are happy to tell us how they feel about the victory in one of the most crowded Rounds of OctaFX Champion Demo Contest in history – Round 27! Let us remind you the winners: 1st place – Mrs. Ida Astrid Evelin from Indonesia 2nd place – Mr. Chamika Kumaranayaka from Sri Lanka 3rd place – Mr. Teddie Heru Widiarto from Indonesia The last runner – Mr. Arief Widiantoro from Indonesia Mrs. Ida Astrid Evelin from Indonesia, the winner of Round 27, gives profitable advice to OctaFX traders: “Of course I'm happy to win! I trade Forex as a job, so I spent lots of time as if I am working. I always tell myself – I want to participate in other promotions by OctaFX, and I hope OctaFX OctaFX will become one of the world's top 10 brokers. What I learned during Round 27 is that technical and fundamental strategies alone are not enough. Knowing the character of the market movement is the best strategy. The biggest and the most important profit for me is not about the money – It’s when I keep learning from mistakes. The biggest loss for me is when I stop to learn from my failures. I learn every day since January 2014 and now it’s July. I trade hard every day on demo account but treat it as a real one. I think it depends on personality, whether study hard or not, but 7-10 months should be enough to become a mature trader and get the basics of Forex Market. I advise traders to focus and never give up!“ 3rd trader - Mr. Teddie Heru Widiarto from Indonesia puts it simple: “I am very happy become one of the winners as I spent a lot of time trading.Obviously, I will continue to join promotions held by OctaFX. Luck and patience mixed make you successful, and it helped me to win. My strategy was to use the MFI indicator and look at the economic and political news, and throughout the contest I encountered the greatest advantage in the AUD/USD and losses on USD/CHF pairs”. OctaFX would like to thank all the participants and remind everyone else that next time you can be one of OctaFX Champion Demo Contest winners! Prove yourself to be a successful and thoughtful trader, reach new heights, and get a reward you deserve – register in Round 29 OctaFX Champion Demo Contest! Spend your luckiest days with OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  18. OctaFX.com- OctaFX & Myfxbook Demo Contest! As our Demo Contests are incredibly popular among traders, we sponsored a contest at myfxbook platform with considerably elevated prize fund! 5000$ go to three most skillful traders ending the competition with the highest balance. 3000$ is awarded for the 1st place 1500$ prize goes to the second best trader 500$ prize is entitled to the 3rd trader Current Positions: Contest Rules! Trading has been starts from June 16th and lasts till July 15th. All the contest rules and conditions can be reviewed at official page of the contest at myfxbook.com. Don’t hesitate to join more than 1500 registered traders to compete in this new collaborative contest, trade your account skillfully and profitably and win one of three prizes from OctaFX! Follow your dreams with OctaFX. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  19. BoE and rate outlook for Q2 2015 - Rabobank FXStreet (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank noted that there is already a lot of good news priced into the pound. Key Quotes: “UK data releases from the third quarter of last year have revealed far more momentum behind the UK economic recovery than almost anyone had expected. This has culminated in widespread expectations that the BoE will be the second developed world central bank to hike rates this cycle, after the RBNZ. The latest survey from Reuters reveals that half of respondents now expect the first hike in the initial quarter of next year, with a decent minority looking for a move late this year”. “Only a few weeks ago, the market consensus for the first BoE rate hike stood at Q2 2015, but confidence in this view was rattled by the remarks of BoE Governor Carney at the Mansion House on June 12. Carney commented that he was surprised by the relatively low probability that the market was attaching to the likelihood of a hike in the bank rate this year; the market consensus duly shifted”. “The outlook for BoE rates, however, is not clear cut. As Carney remarked later in June, wage inflation in the UK remains surprising low. This would appear to suggest that there is more spare capacity in the labour market than the aggressive fall in the unemployment rate would suggest”. “Not only is wage inflation still subdued but UK CPI inflation at 1.5% y/y is well below the BoE’s 2.0% target. Disinflation is a common theme across Europe currently and sterling strength will be contributing to downward pressure on UK import prices. For this reason we have left our forecast for the first BoE rate hike of the cycle at Q2 2015, at least for the time being. Not so many months ago, we were more hawkish than the market consensus, now we find ourselves in the dovish camp”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
  20. Impervious to better US data? - WIB FXStreet (Guatemala) - Analysts at Westpac Banking Corporation ABN put the question out there of, “Delayed reaction or are financial markets simply impervious to better US data?” Key Quote: “Last week's strong NFP outcome makes it five in a row of 200k+ outcomes, yet US yields and the US$ remain in well rehearsed ranges”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
  21. US stocks decline after holiday FXStreet (Córdoba) - Stocks finished lower in Europe and are falling in Wall Street at the beginning of the week. A decline in german industrial output weight on European stocks. The FTSE 100 lost 0.62% while the Dax fell 1.03%. The worst among European indexed was France’s Cac 40 that dropped 1.41%. Trading resumed in Wall Street after Friday’s holiday. Main indexes are falling as speculation about when the Federal Reserve will move rates increases, particularly ahead of the release of the FOMC minutes. The Dow Jones is losing 0.35%, holding slightly above the 17,000 mark while the Nasdaq losses 0.73% and the S&P 500 drop 0.48%. As US stocks are pulling back from record highs, gold and crude oil are also falling. The yellow metal trades at $1,317/oz, down 0.25% while the barrel is losing 0.60% at $103.40. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
  22. EUR/GBP heading for 0.78 region - Rabobank FXStreet (Guatemala) - Analysts at Rabobank explained that even though recent comments from ECB hawk Weidmann warned about risks to financial stability from keeping monetary policy too loose, he made clear that he was fully on board with the measures announced by the committee last month. “He remarked that “the point is to prevent a phase of inflation that is too low for too long, as this could cripple the economy in the Eurozone””. “Although to date, the dovish sentiments from ECB officials have had limited effect on undermining the value of the EUR, as the market becomes increasingly confident in its assessment of the divergence of the policy outlooks between the ECB and other central banks, a reaction is likely to be played out in the EUR crosses”. “We see scope for EUR/GBP to end the year in the 0.78 region and to continue heading lower into 2015 towards the 0.77 level on a 12 mth view”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
  23. EUR/USD mixed signals – Scotiabank FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that the EUR comes with mixed signals. Key Quotes: "EUR/USD short‐term technicals: mixed—EUR buy signals have faded and sell signals are beginning to form”. “We expect EUR to trade within a broad range, loosely defined as 1.35 to 1.37 for the near‐term." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
  24. EUR/USD treading water near 1.3600 FXStreet (Edinburgh) - The single currency is looking to consolidate the recent bounce off session lows, taking the EUR/USD back to the vicinity of 1.3600 the figure as markets enter the US session. EUR/USD poised to remain sidelined? With the recent Payrolls numbers still hovering over markets and no relevant releases in both the euro area and the US until Wednesday, where the FOMC minutes are due, expectations for volatility in the pair remain pretty flat. In the view of analysts at Westpac Global Strategy Group, “Multi-month, EUR weakness should be driven by: 1) less supportive flow dynamics as signalled by the region’s shrinking basic balance surplus; and 2) near certain prospects for relatively faster growth in the ECB’s balance sheet vs the Fed, especially later this year as TLRTO comes into play. Draghi’s reference to EUR1 trillion in the latter prevented a break of 1.37 so the sell zone may now be the mid-1.36s”. EUR/USD levels to watch As of writing the pair is retreating 0.01% at 1.3592 and a breakdown of 1.3576 (low Jun.26) would open the door to 1.3574 (low Jun.23) and then 1.3565 (low Jun.20). On the upside, the initial hurdle lines up at 1.3611 (high Jul.4) followed by 1.3664 (high Jul.3) and finally 1.3677 (200-d MA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
  25. Dijsselbloem urges Greece to step up work on its bailout program FXStreet (Łódź) - Eurogroup head Jeroen Dijsselbloem urged Greece today at the monthly meeting of Eurozone Finance Ministers in Brussels to make more efforts to meet the bailout program requirements. Dijsselbloem stressed that Eurozone Member States should continue implementing structural reforms, not only promising to do that. The European Commission would assess the reforms' effectiveness, he added. Furthermore, the Eurogroup chief expressed his optimism about the outcome of EU bank stress tests. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page July 07, 2014 OctaFX.Com News Updates
×
×
  • Create New...