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OctaFX_Farid

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  1. OctaFX.Com - MASSIVE Spread Reduction at OctaFX! This is a revolution in lowering the spreads that happened in OctaFX! We have reduced major currency spreads! Now you can enjoy trading with as low as 0.2 pip spreads. They’ve never been that tight. 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!
  2. 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.
  3. United States Reuters/Michigan Consumer Sentiment Index below forecasts (84.5) in May: Actual (81.8) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 16, 2014 OctaFX.Com News Updates
  4. USD/CAD remains capped by 1.0900 FXStreet (Córdoba) - The USD/CAD remained little changed near daily highs after the latest string of US data showed housing starts rose more than expected in April. On the macroeconomic domain, data showed foreign investment in Canadian securities unexpectedly dropped in March, while US housing starts grew 13.2% in April to 1072 K vs. 980K expected. However, the USD/CAD was barely affected, and trades nearly flat at the 1.0880 zone. However, the USD/CAD is on track to post its third weekly loss in a row. USD/CAD technical levels In terms of technical levels, the USD/CAD could find immediate resistances at 1.0890 (May 15 high), 1.0925 (May 13 high) and 1.0950 (21-day SMA). On the other hand, supports are seen at 1.0850 (May 16 low), 1.0813 (May 13 low) and 1.0800 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 16, 2014 OctaFX.Com News Updates
  5. USD/JPY pops after solid US housing data FXStreet (Córdoba) - The USD/JPY received a mild boost and printed a marginal new high for the day after better-than-expected US housing data. US housing starts grew 13.2% in April to 1072 K vs. 980K expected, while building permits rose to 1080K vs 1010K expected. The USD/JPY climbed nearly 20 pips on the data and hit a daily high of 101.66 although the movement lacked momentum as investors remain pretty much sidelined ahead of the weekend. USD/JPY technical levels At time of writing, the USD/JPY is trading at the 101.55 area, little changed on the day but headed for its second weekly loss in a row. As for technical levels, the pair could find next supports at 101.30 (May 15 low), 101.10 (200-day SMA) and 100.75 (Feb 5 low). On the other hand, resistances are seen at 101.66 (May 16 high), 101.85 (10-day SMA) and 102.10 (May 15 high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 16, 2014 OctaFX.Com News Updates
  6. India Bank Loan Growth declined to 13.8% from previous 14.3% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 16, 2014 OctaFX.Com News Updates
  7. GBP/USD looks to extend above 1.6800 FXStreet (Edinburgh) - The sterling is now pushing higher on Friday, lifting the GBP/USD to test intraday highs near 1.6820. GBP/USD rebounds from 1.6790 It seems the buying interest returned around the sterling during the European afternoon, with spot now looking to break above the overnight’s congestion pattern and extend the advance beyond 1.6800 the figure. “The strong performance of the UK economy, related market belief that the BoE could move on rates ahead of its own (Inflation Report) expectations, and (for now) diminished political risk as the government’s poll standings improve, justifies a firmer track for GBP that extends beyond the next two quarters”, observed the Currency Research team at BNZ. GBP/USD levels to consider As of writing the pair is up 0.13% at 1.6813 with the next resistance at 1.6840 (21-d MA). On the downside, a break below 1.6727 (23.6% of 1.5854-1.6997) would expose 1.6721 (low Apr.16) and then 1.6700 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 16, 2014 OctaFX.Com News Updates
  8. OctaFX.com-50% Deposit bonus 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 Thank you for choosing OctaFX as your top-notch Forex Broker.
  9. GBP/USD recovers from 1-month low FXStreet (Córdoba) - The GBP/USD climbed to fresh daily highs at the beginning of the American session as the greenback lost momentum following a short-lived spike. The GBP/USD managed to recover after hitting a 1-month low of 1.6732 amid broad USD strength and despite solid US data recently released the greenback failed to hold gains. The GBP/USD bounced to a high of 1.6782 and it is currently trading at 1.6775, up 0.07% on the day. GBP/USD technical levels In terms of technical levels, next supports are seen at 1.6722 (50-day SMA) and 1.6700 (psychological level) ahead of 1.6669 (Apr 15 low). On the flip side, resistances could be found at 1.6782 (May 15 high), 1.6800 (psychological level) and 1.6839 (21-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 15, 2014 OctaFX.Com News Updates
  10. United States Capacity Utilization registered at 78.6%, below expectations (79.2%) in April Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 15, 2014 OctaFX.Com News Updates
  11. United States Net Long-Term TIC Flows registered at $4B, below expectations ($47.3B) in March Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 15, 2014 OctaFX.Com News Updates
  12. United States Net Long-Term TIC Flows registered at $4B, below expectations ($47.3B) in March Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 15, 2014 OctaFX.Com News Updates
  13. EUR/USD little changed on US data FXStreet (Edinburgh) - The shared currency kept the composure after a set of positive results from the US docket on Thursday, with the EUR/USD clinging to the 1.3650 region. EUR/USD supported near 1.3650… for now The pair is now attempting to stabilize the ongoing decline in the mid-1.3600s region so far, after US Claims dropped below 300K for the first time since 2007 and the Empire State index jumped to 19.01 in May from April’s 1.29. Further data showed acceleration in the consumer prices gauged by the Core CPI, rising 1.8% YoY vs. 1.7% previous and headline CPI is back to 2% (last time was July 2013). “Expect initial resistance into 1.3725 while any failure to reclaim 1.3750 may confine the pair lower subsequently. Meanwhile, the 1.3690/00 region may support on initial dips”, suggested Emmanuel Ng, FX Strategist at OCBC Bank. EUR/USD levels to watch As of writing the pair is losing 0.36% at 1.3665 facing the next support at 1.3643 (low Feb.27) followed by 1.3625 (50% of 1.3477-1.3773) and finally 1.3585 (low Feb.13). On the upside, a break above 1.3723 (high May 15) would target 1.3731 (high May 15) en route to 1.3741 (100-d MA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 15, 2014 OctaFX.Com News Updates
  14. OctaFX.com- Updated and more convenient economic calendar from OctaFX Dear traders! OctaFX is constantly working on the improvement and enhancement of our services. We are considering your feedback and doing our best to make your trading experience convenient. With this in mind, we are proud to present our new and updated Economic Calendar . Now you can view all the important news releases, sort and filter them in the way you like it. This will keep you updated about all the news in the market. You can also set your time zone to know exactly the time of a particular news release. We have several other great features in development, so please stay tuned for the news. Thank you for trading with OctaFX. Start your successful trading with OctaFX today Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today![/size] Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  15. EUR/USD another attempt to 1.3720 FXStreet (Edinburgh) - Resilience seems to be the name of the game for the euro so far, with the EUR/USD treading water around the upper band of today’s range at 1.3715/20 so far. EUR/USD well supported by 1.3700 Nothing of note in the euro area, as German consumer prices and industrial production in the euro bloc both matched consensus. In another tone, Buba’s J.Weidmann poured some cold water over recent comments regarding the implementation of easing measures in the euro area, stating that any new measure should be thoroughly studied and that nothing is decided yet. In the opinion of Tim Riddell, Head of Global Markets Research at ANZ, “last week’s price action has materially damaged the uptrend and raised the opposing potential that a top may have developed at 1.3995 and that EUR may now be poised for retrenchments back to 1.3520 (38.2%) if not 1.3375 (50%)”. EUR/USD levels to consider As of writing the pair is advancing 0.08% at 1.3714 with the next resistance at 1.3722 (daily cloud base) followed by 1.3741 (100-d MA) and finally 1.3771 (high May 13). On the downside, a break below 1.3689 (low May 13) would open the door to 1.3672 (low Apr.4) and then 1.3643 (low Feb.27). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  16. AUD/USD slips to 0.9370 FXStreet (Edinburgh) - The AUD is now giving away part of the recent gains, dragging the AUD/USD back to the 0.9370/65 area. AUD/USD deflates from 0.9410 After reaching 4-week highs in the boundaries of 0.9410, spot failed to sustain the bull run and is now deflating to the 0.9370 region. Next of relevance in the Australian docket will be April’s Consumer Inflation Expectations due tomorrow (2.4% prev.), ahead of the RBA minutes on Tuesday. “The market is now pricing in just a 16% chance of an interest rate hike in the next 12 months. We hold a Q22014 target of 0.93 and a year-end target of 0.92”, signalled Camilla Sutton, Chief FX Strategist at Scotiabank. AUD/USD key levels As of writing the pair is up 0.21% at 0.9378 with the next resistance at 0.9427 (high Apr.11) ahead of 0.9461 (high Apr.10) and then 0.9500 (psychological level). On the flip side, a breakdown of 0.9227 (low Apr.29) would open the door to 0.9225 (low Apr.4) and finally 0.9184 (50-d MA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  17. GBP/JPY falls to 1-month lows below 171.00 FXStreet (Córdoba) - The GBP/JPY is falling sharply on Wednesday and recently bottomed at 170.61, the lowest price since April 15. Afterwards bounced slightly but it was unable to rise above 171.00. The Pound is among the worst performers across the board weakened after the release of the quarterly inflation report from the Bank of England and M. Carney press conference. On the other side, the Yen is having the best day of the week as Treasuries rise pushing US long term bond yields to 2014 lows. GBP/JPY levels to watch The pair is breaking an important support and finally moving away from 172.00. To the downside, below 170.60, the next support might be located at 170.00 and then 169.30/40 (April lows). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  18. EMEA EM Express: Polish zloty advances as inflation hits 10-month low; Peace talks begin in Kiev FXStreet (Łódź) - Peace talks between Ukrainian and Russian officials, with the participation of Organisation for Security and Cooperation in Europe representatives, have begun on Wednesday in Kiev. On Tuesday Ukraine had suffered the haveiest losses of its troops so far, as pro-Russian militants killed seven of them in an ambush. Earlier on Wednesday Sergei Naryshkin, the speaker of the lower house of the Russian parliament, said that the president elected in the Ukrainian vote scheduled for 25 May would not be legitimate, as long as there is no dialogue with the pro-Russian separatists in the eastern regions of the country. As the RBS economists note, despite the fact that the situation in Ukraine is drifting towards civil war, „the market appears to be taking a view that the economic fallout from this conflict and potential sanctions will be contained.” The Russian ruble reached its strongest level since February on Tuesday, while the RTS Russian stock index gained 1.6% since February. "Russia is planning its first government RUB bond auction tomorrow in more than a month, a sign of investor confidence returning,” the analysts add. "The EUR is modestly weaker and it may be moving somewhat counter to the RUB, reflecting capital returning to RUB after recent flight.” Economic data Polish inflation remained flat month-on-month in April, after rising 0.1% in March, the Central Statistical Office informed on Wednesday. Market consensus pointed to a 0.3% rise. On an annual basis CPI growth slowed down to a 10-month low of 0.3% from 0.7% and below expectations of 0.6%. The lower than expected reading was brought about by “the disinflationary trend in the rest of Europe and yesterday’s downside surprise in Hungary (albeit very specific to local drivers in the country),” in the opinion of Jacqui Douglas, Senior Global Strategist at TD Securities. The Polish M3 Money Supply annual numbers came in at 5.4% in April, up from 5.1% in March and above forecasts of 5.2%. Earlier on Wednesday South Africa published annual Retail Sales for March, which increased by 1%, down from 2.3% in February, a notch below expectations. Furthermore, the South African Business Confidence Index slid to 92.6 in April from 92.7 in March, the South African Chamber of Commerce & Industry said. Technicals Following the release of Polish inflation numbers, the zloty strengthened to 4.1856 against the euro. USD/PLN was up 0.08% at 3.0551. On Tuesday the USD/PLN daily FXStreet Trend Index was slightly bullish, with the OB/OS Index overbought. RSI was at 61 at the last close, and has climbed to 65 so far today. Daily 2-StDev Volatility Bandwidth was shrinking at 95 pips, with ATR (14) expanding at 180 pips. The 1D 200 SMA was at 3.0790, while the 1D 20 EMA was at 3.0315. USD/RUB was down 0.45% at 34.7139 at the moment of writing. On Tuesday the USD/RUB daily FXStreet Trend Index was slightly bearish, with the OB/OS Index neutral. RSI was at 36 at the last close, and so far it climbed to 49. Daily 2-StDev Volatility Bandwidth was expanding at 3362 pips, with ATR (14) expanding at 3489 pips. The 1D 200 SMA was at 33.8589, while the 1D 20 EMA was at 35.4410. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  19. United States EIA Crude Oil Stocks change above forecasts (-0.4M) in May 9: Actual (0.947M) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  20. EUR/USD locked in consolidation FXStreet (Córdoba) - The EUR/USD continues to consolidate in a tight range Wednesday, having stabilized after previous date selloff. The EUR/USD has spent most of the day in a 20-pip range above 1.3700 as investors remain sidelined as they await someone to shed more light on the ECB future action. On Tuesday, media cited unnamed sources stating even the Bundesbank will back ECB easing measures if needed putting Buba’s Head Jens Weidmann’s speech (scheduled at 14:30GMT) in the spotlight. However, the EUR/USD managed to halt the decline at 1.3688 and is enjoying a quieter phase today. At time of writing, the EUR/USD is trading at 1.3707, virtually unchanged since opening. EUR/USD technical outlook Valeria Bednarik, chief analyst at FXStreet notes that the EUR/USD holds a quite neutral technical tone in short-term charts, and commented that as long as it remains below 1.3745 the downside is exposed “with a break below 1.3690 favoring a downward continuation towards 1.3640/6”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  21. United States Producer Price Index ex Food & Energy (YoY) above expectations (1.4%) in April: Actual (1.9%) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 14, 2014 OctaFX.Com News Updates
  22. OctaFX.com-is now available in Spanish and Portuguese! Next fundamental improvement this year affects our Spanish and Portuguese speaking customers! We have promised you diverse range of language versions and we kept that promise to announce today that our accessibility improved! As we consider an individual approach to every customer one of our vivid advantages, we have invested the incredible amount of effort to make communication between OctaFX and customers speaking Spanish and Portuguese direct. Both Portuguese and Spanish versions have a built-in translated Personal Area, so now managing your accounts becomes more rapid and comprehensible. Now that Personal Area speaks your language, you can easily: Deposit and withdraw funds, make internal transfers Open new accounts View account statistics Manage your personal profile Participate in our thrilling contests Receive bonuses Our web-site upgrade allows traders to be always updated on latest Company News to get to know about current promotions, trading hours or latest innovations aimed at your successful trading. OctaFX is all about making your trading experience flawless and smooth. You can always contact us for any possible inquiries you might have. Stay tuned to know about your local OctaFX web-site language version firsthand! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today![/size] Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  23. OctaFX Champion - A Splendid Demo Contest from your top Broker! Dear Clients! Register in the contest, trade your demo account like a champion, win and get amazing prizes! Any possible trading techniques are welcome, whether EAs, scalping, hedging, or whatever you want to use! Be a winner and a total prize fund of 1,000 USD monthly may be yours! Current update of OctaFX Champion Demo Contest! *Currently our top contestant WhiteShark from Vietnam has piled up with Equity/Balance $11 866.83. Total 1915 contestants competing each-other right now. So, come and snatch the opportunity and be the part of matchless traders. http://www.octafx.com/contests/octafx-champion/ Contests schedule Current round (EET) Registration: Mar 31, 2014 01:00 - Apr 28, 2014 01:00 Duration: Apr 28, 2014 01:00 - May 24, 2014 01:00 Next round (EET) Registration: Apr 28, 2014 01:00 - Jun 2, 2014 01:00 Duration: Jun 2, 2014 01:00 - Jun 28, 2014 01:00 Please visit here to see full contestants list http://www.octafx.com/contests/octafx-champion/rating/ 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!
  24. United States NFIB Business Optimism Index registered at 95.2 to beat expectations (94.6) in April Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 13, 2014 OctaFX.Com News Updates
  25. Session Recap: Euro weighed by soft ZEW and Buba' story FXStreet (Córdoba) - The euro weakened during the European session and fell to fresh lows versus the dollar and the yen following the release of disappointing ZEW data from Germany and the Eurozone. Meanwhile, a media report suggesting the German Bundesbank may be willing to back stimulus measures from the ECB triggered a stronger selloff. The EUR/USD drop also put the pound and the franc under pressure against the dollar. Elsewhere, the yen and commodity currencies remain little changed as investors await US retail sales data for April. The EUR/USD broke through Friday’s lows and printed a fresh 5-week trough of 1.3709, while the GBP/USD hit a 10-day low of 1.6824. Meanwhile the USD/CHF rose above 0.8900 and posted its highest in over a month at 0.8902. Main Headlines in Europe: Asia EM Express: India awaits election result, Chinese data confirms slowdown What’s the sentiment around the EUR/USD today? Commerzbank and Scotiabank European Monetary Union ZEW Survey - Economic Sentiment missed forecasts (63.5) in May: Actual (55.2) Germany ZEW Survey - Economic Sentiment missed forecasts (41) in May: Actual (33.1) New Australian budget favors business Bundesbank source: Bundesbank open to significant ECB stimulus in June if 2016 inflation forecasts lowered - Dow Jones OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page May 13, 2014 OctaFX.Com News Updates
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