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OctaFX_Farid

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  1. US data boost markets, dollar flat Fxstreet.com (Edinburgh) - Positive data from the US economy are propping up today’s upside, with markets advancing for the third consecutive session. Fed’s officials also added to the upbeat momentum after confirming that the next steps in monetary policy will remain data-dependent. The greenback, gauged by the US Dollar Index, is alternating gains and losses, although keeping the trade above 83.00 the figure. The DowJones is advancing 0.73%, followed by the Nasdaq, 0.77% and the S&P500, 0.67%. Bourses in Euroland closed with strong gains spurred by the good performance of the US data. The British benchmark led the winners advancing 1.26% and followed by the CAC40, 0.97% and the DAX, 0.63%. The EUR/USD is currently navigating around 1.3030 in a choppy session, despite the positive employment data from Germany and mixed results in the EMU from the consumer confidence and business climate. In the commodities’ realm, the barrel of WTI is gaining 1.57% at $97.01 while the once troy of gold is extending its decline, falling 2.55% at $1,199. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 27, 2013 OctaFX.Com News Updates
  2. EUR/USD shakes off earlier negativity FXstreet.com (New York) - The EUR/USD foreign exchange rate refused to settle negatively (1.3000 session lows) and has thus jumped ahead and reclaimed its earlier gains during US trading EUR/USD unable to breach 1.3000 level After falling earlier towards the 1.3000 barrier, the EUR/USD subsequently bounced, bringing it to 1.3035 presently, or up +0.16% Thursday. The Mataf.net analyst team has identified measures of upward resistance at 1.3079, onto 1.3134, and ultimately 1.3181. Conversely, a push below the 1.3000 barrier will initiate support at 1.2977. EUR/USD move down to 1.2840 could come into play According to Xiomara Vargas at FXCM, “The EURUSD sliced through support at 1.3070/80 (38.2% Fib July 2012 low to February 2013 high, 50% Fib April low to June high) yesterday. A break here suggests 1.2960 and 1.2840 before the trend support off of the November and March lows comes into play.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 27, 2013 OctaFX.Com News Updates
  3. OctaFX.com- Octawelcome free 8 USD bonus Promotion rules No agent commission is credited for trading on bonus accounts A special welcome account is opened for bonus trading. The bonus cannot be added to any other account type (Micro, ECN or IB) Welcome account conditions are the same as Micro Swap Free account conditions You can not deposit to a welcome account It is required to finish 2 standard lots to withdraw profit from the welcome account So-called "reverse trading" on bonus accounts is strictly prohibited. "Reverse trading" denotes opening the same position in reverse destinations on 2 or more bonus accounts. E.g. open 0.01 lot BUY on EURUSD in one account and 0.01 lot SELL on EURUSD in another at the same time. The Client acknowledges that such accounts will be blocked, and bonuses and profits will be canceled Maximum leverage for non-deposit bonus accounts is 1:500 Minimum and maximum volume for welcome account is 0.01 lot Maximum number of simultaneously open positions is 3 Opening multiple bonus accounts (including those registered for relatives. etc) is prohibited. In case of a partial or complete match of IP address or personal data, or other signs of accounts belonging to the same person, such accounts will be blocked, and bonuses and profits will be canceled A bonus may be cancelled byt the Company anytime. In this case 8 USD will be charged against your account Bonuses can't be canceled by the Client ANY IP match between 2 accounts regardless of trading style, name, email, country, etc. will be considered as multiple bonus accounts. Such accounts will be blocked, and all withdrawals will be rejected Each client can have only one bonus account OctaFX may reject a client's bonus application(s) at anytime without prior notification or providing reasons for such decision OctaFX reserves the right to change, update or cancel this promotion, with notification in the Company news Individuals from certain countries may be restricted from getting bonuses TRADE A FREE BONUS AND MAKE REAL PROFIT! Get real money by trading a free bonus! Complete only 2 lots and the profit is all yours for withdrawal. Start Now! 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!
  4. GBP/USD in 3-week lows Fxstreet.com (Edinburgh) - The sterling continues to grind lower on Wednesday, dragging GBP/USD to fresh 3-week lows in the boundaries of 1.5330. GBP/USD heading to 1.5300 The sterling remained apathetic to the BoE’s Financial Stability Report and Osborne’s Spending Review, while it seems to be more affected by MPC’s Miles, who advocated for further easing. The pound is also taking the hit after dovish comments by ECB’s Draghi. Camilla Sutton, Strategist at Scotiabank noted that the outlook on the pair remains bearish in the short term, adding “with most signals in sell territory and spot suggesting building downside momentum. In addition, spot has broken through the 50-day MA of 1.5387 and now flirting with a break of the 100-day MA at 1.5312. We expect further near-term weakness with a test down to 1.5200 in the near-term”. Recall that the bank holds a year-end target of 1.45 for GBP/USD. GBP/USD critical levels As of writing, the pair is down 0.39% at 1.5361 with the immediate support at 1.5300 (psychological level) ahead of 1.5293 (50% of 1.4832-1.5753) and then 1.5290 (low Jun.5). On the flip side, a break above 1.5442 (high Jun.26) would open the door to 1.5480 (high Jun.25) and finally 1.5500 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 26, 2013 OctaFX.Com News Updates
  5. USD/CAD bounces off support FXstreet.com (New York) - The USD/CAD foreign exchange rate has broken off a tight consolidation Wednesday, paring losses now after a 13 pip rise during US trading. USD/CAD paring losses Given the recent movement higher, the USD/CAD technical pair still has a ways to go before crossing the threshold into positive territory. Presently, the pair is now trading at 1.0485 in these moments, negotiating a decline of -0.28%. According to the Mataf.net analyst team, a further decline in the exchange rate will bring the USD/CAD to support at 1.0464, then 1.0417, and 1.0375. If the rally continues however, resistances will be encountered at 1.0553, then 1.0595, and 1.0642. USD/CAD bull trend has lost some momentum “The USD/CAD continues to consolidate – short-term price action and studies suggest that the bull trend has lost some momentum over the past day or so, leaving the door open perhaps for a deeper correction of the sharp gains seen over the past week, especially of losses accumulate just a bit more from here.” notes the TD Securities Team. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 26, 2013 OctaFX.Com News Updates
  6. USD/CAD stabilizes in negative territory FXstreet.com (New York) - The USD/CAD technical pair has fallen lower during US trading, stabilizing in the region of 1.0470 Wednesday. In the United States, the EIA Crude Oil Stocks change (June 21) was reported at 0.018M, against expectations of -1.900M and compared with a figure of 0.313M previously. USD/CAD entrenched in negative territory At the time of writing, the USD/CAD is entrenched in negative territory, operating at 1.0472 in these moments, unable to shake a -0.40% decline off its opening. Despite the recent stagnation, the Mataf.net analyst team has identified the next short-term measures of support at 1.0464, then 1.0417, and 1.0375. Alternatively, resistance lies higher at 1.0553, onto 1.0595, and 1.0642. USD/CAD downside extension below 1.0530 According to the Technical Analyst Team at ICN.com, “The USD/CAD is trading a bit to the downside, which is expected to extend as long as the pair is stable below 1.0530. Meanwhile, the stochastic and RSI are reflecting the pair’s need for a downside correction.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 26, 2013 OctaFX.Com News Updates
  7. 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!
  8. Flash: Treasuries a buy on global volatility – RBS FXstreet.com (New York) - According to the RBS Research Team, “Global markets remain highly unsettled as rising volatility 'shakes down' months/years of policy-induced carry trades.” While we ultimately believe that the odds are against the US economy performing well enough to elicit a September tapering (especially given events of the past few weeks), we have little confidence that the positioning imbalances that have pushed rates higher (in emerging markets, MBS, dividend rich stocks, municipal bonds, REITS, etc.) have wrung themselves out. As such, we prefer to ride out the storm in cash or maybe front end Treasuries (2-years around key support ~0.40%) until there are clearer signs that investor positioning is better geared to a world of less central bank policy activism (US and China), elevated geopolitical risks (Middle East, Turkey, Brazil, etc) and renewed strains within the Eurozone. Total Treasury inter-dealer broker volume was 137% of the 10-day average through this morning. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 25, 2013 OctaFX.Com News Updates
  9. EEUR/CHF recovery capped by 100-day SMA FXstreet.com (Córdoba) - After falling to a 7-week low on Monday, EUR/CHF found support and bounced, with the euro trimming losses along the day. EUR/CHF moves away from SNB danger zone On Tuesday, EUR/CHF has climbed more than 60 pips as the Swissy lost some of its safe-haven shine on better risk appetite, and reached a high of 1.2295 before the 100-day SMA halted the advance. At time of writing, EUR/CHF is trading at the 1.2285 area, where it records a 0.4% daily gain. In terms of technical levels, EUR/CHF could find immediate resistances at 1.2295 (daily high/100 day SMA) and 1.2350 (Jun 20 high), while supports are seen at 1.2230 (daily low) and 1.2215 (200-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 25, 2013 OctaFX.Com News Updates
  10. OctaFX .com-OctaFX wins “Best broker Central and Eastern Europe” and “Best Broker Central Asia” at the World Finance Awards 2013 Our priority has always been providing the most comfortable trading experience for our clients. Undoubtedly, the most desired and treasured award for us is recognition by our clients and a fast-growing number of them. The hard work of OctaFX team has been noticed! In 2012 OctaFX has been awarded as “Fastest Growing Micro Forex Broker” by Global Banking and Finance Review However, we never stop improving our performance! In 2013, OctaFX has won three awards! For the second year in a row, Global Banking and Finance Review have recognized us as Best Customer Service Broker Asia 2013. This year we have also received two prestigious awards “Best Broker Central Asia” and “Best Broker Central and Eastern Europe” at the World Finance Awards. World Finance magazine (published by World News Media, London) is one of the leading and most competent financial publications all over the world. Since 2007, World Finance has been publishing the rating lists of the best companies in different financial sectors and branches. It is a great success of OctaFX to won two awards this year! We are happy to be the winners and we would like to thank the World Finance team, our customers and followers for the high evaluation of our efforts! These achievements represent that OctaFX is moving forward to be the leader of the Forex industry. We are constantly evolving and improving services as well as developing innovative services. Here, at OctaFX, we take pleasure in providing our customers with top brokerage service and comfort! 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!
  11. EUR/USD clings to 1.3100 FXstreet.com (Córdoba) - Despite some intraday volatility, EUR/USD is trading little changed on the day around 1.3100, mark that has acted as a magnet to the pair on Monday. EUR/USD consolidates around 1.3100 EUR/USD saw a short-lived dip to a 3-week low of 1.3058 at the beginning of the New York session but the USD lacked momentum to drag the pair below that level. With the subsequent bounce capped by the 1.3115 zone, EUR/USD was confined to a phase of consolidation around 1.3100 where it is nearly flat on the day. As for technical levels, a break above 1.3122 (daily high) could pave the way to the 1.3200 level and 1.3245 (100-hour SMA). On the other hand, if the pair falls below 1.3058, next supports are seen at 1.3040 (Jun 4 low) and 1.3000 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 24, 2013 OctaFX.Com News Updates
  12. Flash: AUD/USD faces bearish extension – UBS FXstreet.com (New York) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's commodity-based currencies and outline the technical positions. In terms of the AUD/USD, “The pair faces a strong support 0.9143. A closing break below this would be further negative. Resistance is at 0.9313 ahead of 0.9415, suggesting a bearish outlook.” The pair is moving higher and posting new highs – resistance is at 1.0524 ahead of 1.0658. Support is at 1.0363. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 24, 2013 OctaFX.Com News Updates
  13. USD/CHF entrenched in negative territory FXstreet.com (New York) - The USD/CHF technical pair has been trading sporadically Monday, having oscillated continuously during US trading, whilst easing shortly after. USD/CHF continues to swing Presently, the USD/CHF is now operating in negative territory at 0.9342, down -0.31% in these moments. According to the analyst team at Mataf.net, supportive structures will trigger at 0.9281, ahead of 0.9198, and finally 0.9155. Conversely, the pair will face resistance at 0.9407, ahead 0.9450, and eventually 0.9533. Earlier today in the United States, the Chicago Fed National Activity Index (May), which was reported at -0.3, compared with a figure of -0.52 previously. Moreover, the Dallas Fed Manufacturing Business Index (June) came in at 6.5, climbing from a previous figure of -10.5 in May. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 24, 2013 OctaFX.Com News Updates
  14. OctaFX.com- Free 8 USD bonus is now easier to receive! Dear clients! We would like to inform you that 8 USD free welcome bonus conditions have been changed since 01.10.2012. The changes are intended to make you receive the bonus easier and faster and also to provide higher security level. Here are the main changes: You don’t need to verify your account any more. The bonus is now deposited into your account INSTANTLY and you don’t have to wait for verification. You also don’t need to verify your account upon withdrawal. A wise system introduced to prevent multiple bonus accounts registrations. It also works instantly. We do not tolerate multiple bonus account opening. We would like to ask about some feedback about our services during withdrawal. You opinion matters, so please help us improve our services. Please feel free to open a new welcome bonus account on the bonus page. We would like to thank you for trading with OctaFX and being our client. 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! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  15. OctaFX.com- Happy Weekend to all 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- Happy Weekend to all 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- Happy Weekend to all 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. Flash: 10-year US treasuries offer nice buys long-term – RBS FXstreet.com (New York) - According to the RBS Research Team, “The odds favor a September start to Fed tapering, with the burden of proof on the data to prove otherwise. Our read after the Fed was that 10-years were likely to test towards key 2.40% support between now and payrolls, but we have already broken it.” In addition, we favored covering shorts at the close yesterday but have not moved to buy recommendations and still have not. “We like the market long term and 2.40% support is key (watch the close), but its overnight breaking and the fact that the charts are not yet oversold, positions still need to be flushed (and are not yet short), and sentiment is not quite extreme makes us wait. Wait for daily momentum to cross bullishly and weekly momentum to get a bit more oversold and let this one play out.” the team recommends. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates
  19. USD/CHF spikes and retreats after US data FXstreet.com (Córdoba) - The USD/CHF saw quick spike after the Philly Fed manufacturing index came out stronger than expected, boosting the USD across the board. USD/CHF spike short-lived However, USD/CHF is back to pre-data levels as the greenback is having a hard time finding momentum as indicators correct from overbought levels following the sharp USD rally. At time of writing, USD/CHF is trading at the 0.9295/0.9300 area, where it records a 0.2% gain on the day and having hit a 10-day high of 0.9360 during the European trade. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates
  20. Flash: Markets supportive of Bernankes language - BMO FXstreet.com (London) - Stephen Gallo at BMO feels that Bernanke’s usage of the word “measured” as regards to his description of how asset purchases might be wound down in future was an interesting Greenspan-era “twist”, which gives balance sheet shrinkage an important “tightening feel” to it. He said that although QE tapering is not by any means an actual tightening of policy, from the dual perspectives of market psychology perspective and asset prices, it will almost certainly feel as if it is. For now, however, he would tend to argue that this may be precisely what the Fed wants in order to gradually restore a sense of normality to things, and force market participants to allow fundamentals to drive overall behaviour and broader market conditions going forward. Unsurprisingly then, he say’s, overall conditions this morning in London were supportive of a new layer of QE tapering-adjustment (i.e in terms of USD strength, weakness in equities, strength in bond yields and weakness in high-yield FX), but things generally had a “controlled” feel to them, which is rather important in their view. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 20, 2013 OctaFX.Com News Updates
  21. 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 Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!
  22. US equities pause ahead of FOMC FXstreet.com (New York) - The US stock market tepidly opened to the downside, with the FOMC on tap later this afternoon at 18:30 GMT. Beginning with the indices and composites, the NASDAQ fell -0.10% as it settles in region of 3478.65, down -3.40 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1648.35, descending -3.29 points or -0.20% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15282.41, presently -0.18% after a movement of -35.82 points. Sectors are mostly lower at the opening, however the Telecommunications and Energy sectors have distinguished themselves as the losers thus far, falling -0.62% and -0.24% respectively. Moreover, the price of gold has settled at $1374.58 per oz., while silver is now negotiating a spot price of $21.73 per oz. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 19, 2013 OctaFX.Com News Updates
  23. Flash: BoC Poloz Speech – TD Securities FXstreet.com (London) - TD Securities research teams remind us that BoC Governor Poloz makes his maiden public speech this afternoon/ early eve. Mr. Poloz speaks at 12.40ET and his comments will hit the wires just before at 12.25ET. There is an audience Q&A at the event and there will be a press conference after at 14.15ET. At his recent parliamentary appearance, the new BoC Governor’s position on many things sounded just like his predecessor’s so locals may be excused for focusing more on developments in Washington if a similar tone is struck today, explains the teams at TD Securities. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 19, 2013 OctaFX.Com News Updates
  24. Flash: Gilts poised for bullish correction – RBS FXstreet.com (New York) - The price of Gilts is poised for a recovery, as the MACD has turned bullish and candlestick’s Dragonfly Doji followed by a bullish engulfing marked a local bottom. According to Technical Strategist Dmytro Bondar at RBS, “There is however a strong obstacle in the way – 20-day MA, which proved to be a trailing support/resistance. A break above is required to see a recovery to 116.26 and potentially 116.87.” Yield’s negative divergence with the slow stochastic confirms the market is likely to see a bullish correction to 1.94%, which is the 38.2% retracement from the same move and the level of 100-day MA. However, after the correction is completed, the long-term bearish view would come into play again with 2.27% in focus. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Jun 19, 2013 OctaFX.Com News Updates
  25. OctaFX.com.Com - No-Deposit Bonus 8 USD + 30% Bonus on each deposit OctaFX .com Octa Markets Incorporated is a worldwide recognized forex broker. OctaFX provides forex brokerage services to its clients in over 100 countries of the world. OctaFX uses the most up-to-date technology and knowledge to make your forex trading experience outstandingly convenient. Our top goal is the trust and satisfaction of each client's need and requirements. OctaFX sets the highest service level standards and maintains them as well as constantly develops new services and promotions. We are Regulated: Start your successful trading with OctaFX today Customer Support and contact details [email protected] [email protected] [email protected] China Toll Free Phone 4001-200970 Indonesia Toll Free Phone 001-803-015-203-9780 Malaysia Toll Free Phone 1-800-815-304 Belgium +32 2792 4855 © 2012 Octa Markets Incorporated Business license no. 19776 IBC 2011 Legal Address: Cedar Hill Crest, Villa, Kingstown, St. Vincent and the Grenadines 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!
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